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Updated 22 hours ago

109 N Franklin St


Madison, WI

2 Bed
•
1 Bath

1,080 Sq. Ft.

Available starting Aug. 16th
2 Beds • 1 Bath
$1,845
1080 ft2
1 Available
Unit 1
$1,845
Available Aug 16th, 2025
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
95
Walker's Paradise
Transit Score®
57
Good Transit
Bike Score®
92
Biker's Paradise
Amenities
Heat Included
Hardwood Floors
Smoke Free
Sun Deck
Private Entrance
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Other:

Please contact MPM at 608-251-8777 for more information.

Pet Rent: $40.00
Lease & Fees
Lease Length: 12 months
Property details
Description

This property offers large units with open layouts, a great location, and unbeatable walkability near the state capitol and Lake Mendota. Please contact us today to schedule a showing!

Additional Details
Total Unit Count: 1
Last Updated: Updated 22 hours ago
Contact Number: (608) 251-8777
Property manager information
Madison Property Management
1202 Regent Street
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Neighborhood
Capitol
This area is an association of historic downtown neighborhoods surrounding the Wisconsin State Capitol: Bassett, Mifflin West, First Settlement, Mansion Hill, and James Madison Park. A mix of big city and residential streets, here you can find award winning restaurants, bars, cafes, shops, local theaters, and museums.
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 109 N Franklin St by bedroom type below.
2 Bedroom
Suggested income:
$66,400
per year
Rent report

109 N Franklin St Rent vs. Madison Average

 109 N Franklin St      Madison Average
2BR
$1,845
$2,065
$0
$700
$1,400
$2,100
$2,800

109 N Franklin St is asking 11% less than the average 2 bedroom apartment in Madison.

If you upsized to an average priced Madison 3 bedroom apartment, you would pay 18% more per month.

If you downsized to an average priced Madison 1 bedroom apartment, you would pay 28% less per month.

109 N Franklin St provides 5% more square footage than the average Madison 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
109 N Franklin St
2BR $1,845 $1.70 $5,535
Madison Average
Studio $1,267 $3.20 $3,800
1BR $1,611 $2.30 $4,834
2BR $2,065 $2.00 $6,195
3BR $2,504 $1.80 $7,512
4BR $2,519 $1.70 $7,556

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 2,021 2BR units on the market in Madison. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
13% 32% 40% 12% 2%
Available Units in Madison
Studio 647
1BR 1,600
2BR 2,021
3BR 606
4BR 126
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Mifflin 0.8 mi 16 min 5 min 3 min
State/Langdon 0.9 mi 18 min 6 min 3 min
Kohl Center 1.1 mi 22 min 7 min 4 min
East Campus Mall 1.2 mi 22 min 8 min 4 min
Memorial Union 1.2 mi 23 min 8 min 4 min
Nearby Hospitals
Name Distance
Select Specialty Hospital Madison 1.31 mi.
Unitypoint Health Meriter 1.42 mi.
St Marys Hospital Madison 1.72 mi.
Nearby Fire Stations
Name Distance
Madison Fire Department 0.57 mi.
Marquette Volunteer Fire Department 1.41 mi.
Truax Field/Dane County Regional Airport Fire Department 2.37 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on August 16, 2025.
What's the square footage of the available units?
It's 1,080 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 109 N Franklin St in Madison, WI. It's 0.7 miles east from the center of Madison.
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