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Updated 4 minutes ago

The Sterling


8020 Madison Ave Indianapolis, IN

1 - 2 Bed
1 Bath

740 - 840 Sq. Ft.

Available Now
Deal

Move in by March 31 and get May rent for FREE!*Terms and conditions apply

1 Bed • 1 Bath
$875 - $950
740 ft2
5 Available
Managed By: Strategic Management Solution, LLC
2121-4
$875+
Available Now
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2131-1
$875+
Available Now
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2131-12
$875+
Available Now
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2131-9
$875+
Available Now
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2121-1
$875+
Available Mar 27th, 2026
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2 Beds • 1 Bath
$950 - $1,025
840 ft2
5 Available
Managed By: Strategic Management Solution, LLC
2120-12
$950+
Available Now
View
2108-8
$950+
Available Now
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2108-5
$950+
Available Now
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2114-10
$950+
Available Now
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2111-7
$950+
Available Now
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Where you'll live
Street View
Map View
Satellite View
Amenities
On-site Laundry
Air Conditioning
Playground
Picnic Area
On-site Maintenance
Professional On-site Management
Cable Ready
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Lease Length: 12 months
Property details
Description

Welcome to The Sterling Apartments in Indianapolis, IN!Our updated community offers the perfect blend of comfort and convenience. Enjoy individual building keypad access for added security and peace of mind. Located in the highly rated Perry Township School District, The Sterling is ideal for families, with an on-site playscape for children to enjoy.We are conveniently situated on the city bus line with quick access to I-465 and I-65, making your daily commute simple. You'll find shopping centers, restaurants, multiple gas stations, and CVS Pharmacy all within walking distance. Plus, we’re just minutes from Greenwood Park Mall, Freedom Springs Aquatic Park, the YMCA, and a variety of local dining and entertainment options.At The Sterling Apartments, you’ll experience a welcoming community in a prime location close to everything you need and designed for the lifestyle you deserve.

Additional Details
Total Unit Count: 96
Last Updated: Updated 4 minutes ago
Contact Number: (317) 885-8110
Office Hours
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
AT&T Inc. 1000.0 1000.0
Comcast Corporation 987.0 35.0
Verizon Communications Inc. 300.0 50.0
AT&T Inc. 100.0 20.0
ViaSat, Inc. 100.0 3.0
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Sterling by bedroom type below.
1 Bedroom
Suggested income:
$31,500
per year
2 Bedroom
Suggested income:
$34,200
per year
Rent report

The Sterling Rent vs. Indianapolis Average

 The Sterling      Indianapolis Average
1BR
$875
$1,135
$0
$400
$800
$1,200
$1,600
2BR
$950
$1,368
$0
$450
$900
$1,350
$1,800

The Sterling is asking 31% less than the average 2 bedroom apartment in Indianapolis.

If you upsized to an average priced Indianapolis 3 bedroom apartment, you would pay 16% more per month.

If you downsized to an average priced Indianapolis 1 bedroom apartment, you would pay 20% less per month.

The Sterling provides 15% less square footage than the average Indianapolis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Sterling
1BR $875 $1.20 $2,625
2BR $950 $1.10 $2,850
Indianapolis Average
Studio $1,035 $2.00 $3,104
1BR $1,135 $1.60 $3,406
2BR $1,368 $1.40 $4,103
3BR $1,626 $1.20 $4,879
4BR $1,672 $1.00 $5,015

Availability in Indianapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,391 2BR units on the market in Indianapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
6% 39% 40% 12% 3%
Available Units in Indianapolis
Studio 213
1BR 1,331
2BR 1,391
3BR 404
4BR 93
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Community Hospital South 1.02 mi.
Franciscan St Francis Health Indianapolis 2.29 mi.
Community Health Network Rehabilitation South 2.83 mi.
Nearby Fire Stations
Name Distance
Town Of Southbridge Fire Department 1.16 mi.
New Whiteland Fire Department 6.6 mi.
North Union Fire District 8.11 mi.
FAQs
Is this property currently leasing units?
Yes. There are 10 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 10 units available for move-in over the next 2 months. 9 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 740 to 840 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $875 to $1,025. The Sterling has 1 bedroom units available starting at $875 and 2 bedroom units available starting at $950.
Where is this property located?
This property is at 8020 Madison Ave in Indianapolis, IN. It's 8.4 miles south from the center of Indianapolis.
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