University Bay Drive is a luxury apartment gem located in the charming and incredibly desirable Village of Shorewood Hills, close to downtown Madison. Your new home is across the street from UW Hospital & Clinics, the VA Hospital and along the bike path to the UW Campus.
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To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 700 University Bay Drive by bedroom type below.
2 Bedroom
Suggested income:
$52,100
per year
Rent report
700 University Bay Drive Rent vs. Madison Average
700 University Bay Drive
Madison Average
2BR
$1,447
$2,079
$0
$700
$1,400
$2,100
$2,800
700 University Bay Drive is asking 30%
less than the average 2 bedroom apartment in
Madison.
If you upsized to an average priced Madison 3 bedroom apartment, you would pay
12% more per month.
If you downsized to an average priced Madison 1 bedroom apartment,
you would pay 29% less per month.
700 University Bay Drive provides 8%
more square footage than the average
Madison 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
700 University Bay Drive
2BR
$1,447
$1.30
$4,341
Madison Average
Studio
$1,314
$2.80
$3,942
1BR
$1,618
$2.30
$4,854
2BR
$2,079
$2.00
$6,238
3BR
$2,373
$1.70
$7,119
4BR
$2,342
$1.50
$7,026
Availability in Madison
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 2,030 2BR
units on the market in Madison. If you're looking to negotiate, this may be your best option.