The Sterling

📍 8020 Madison Ave, Indianapolis, IN 46227

📋 Property Overview

The Sterling offers 1 bd, 1 ba in South Perry, Indianapolis, Indiana. It measures 740 sq ft. Monthly rent ranges $810-$990. The unit features air conditioning, carpet and walk in closets. On site there is E-payments, courtyard, cats allowed and 24hr maintenance. Pets are allowed (dogs and cats). Leases run 12 months. Availability: Available now. Included in the rent: trash, sewer and water. The Walk Score here is 69, meaning some errands can be done on foot. Transit Score is 26. Rent sits 40% below the area median ($1,350).

🚶 Getting Around

• Walk Score69/100

  Somewhat Walkable

• Transit Score26/100

  Some Transit

💵 Costs & Lease

Lease length

12 months

Units available

7 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• The Remington2 bd · 1 ba · 840 sq ft$9655 units available
• The Lexington1 bd · 1 ba · 740 sq ft$8102 units available

🧾 Move-in Costs & Lease

Lease length

12 months

Available

Available now

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Indiana renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 388,827 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

💡 Utilities Included

• Sewer
• Trash
• Water

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets

Allowed

Types

Cats, Dogs

One-time pet fee

$250

Restrictions

Breed Restrictions: Any hybrid or mixed breed with any of the following: Pit Bull, Staffordshire Terrier, American Bull Dog, German Shepherd, Malamute, Rottweiler, Doberman, Dalmatian, Akita, Chow Chow, Presa Canario. This list is not all-inclusive of all breeds and Management has final approval.

✨ Features & Details

• Pet Friendly
• On-site laundry
• 24hr maintenance
• Walk in closets
• Air conditioning
• E-payments
• Carpet
• Courtyard
• Cats allowed
• Dogs allowed
• CC payments
• Online portal
• 840 sq ft
• 740 sq ft

📊 Property Facts

Walk Score

69 · Somewhat Walkable

Transit Score

26 · Some Transit

🚗 Parking

No parking on site

🎓 Nearby Schools

• Winchester Village Elementary School · PK-54/10 · 0.4 mi
• Southport Elementary School · PK-58/10 · 0.7 mi
• Homecroft Elementary School · PK-56/10 · 1.3 mi
• Douglas Macarthur Elementary School · PK-57/10 · 1.4 mi
• Mary Bryan Elementary School · PK-57/10 · 1.6 mi
• Southport High School · 9-123/10 · 1.8 mi
• Greenwood Northeast Elementary School · K-57/10 · 2.0 mi
• Perry Meridian Middle School · 7-88/10 · 2.1 mi
• Perry Meridian 6th Grade Academy · K-15/10 · 2.1 mi
• Perry Meridian High School · 9-126/10 · 2.3 mi

🏡 Floor Plans

2108-6

840 sq ft · 12 mo

Sep 28, 2026

$965

2111-3

840 sq ft · 12 mo

Oct 7, 2026

$965

2114-8

840 sq ft · 12 mo

Available now

$965

2108-8

840 sq ft · 12 mo

Sep 28, 2026

$990

2114-11

840 sq ft · 12 mo

Oct 7, 2026

$990

2131-2

740 sq ft · 12 mo

Available now

$810