309 N. Paterson Street: Charming 2 bedroom flat apartment in a house with hardwood floors. Natural woodwork, high ceilings and lots of windows. Large living room, large dining room, large kitchen, spacious bedrooms, study and ample closet space. Very bright and Sunny.
Great Location with easy access to bike paths & Lake Mendota. Short walk to Downtown, Campus and Capitol. Near James Madison & Tenney Park. Around the corner from great shops on E. Johnson Street (Johnson Public House, Sals Pizzeria, Norris Court Grocery, Burnie's Rock Shop, Studio 924 & Old Town Cycles, Festival Foods grocery store).
Applicants will be screened for income, credit, housing and criminal background.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 309 N. Paterson St. by bedroom type below.
2 Bedroom
Suggested income:
$57,600
per year
Rent report
309 N. Paterson St. Rent vs. Madison Average
309 N. Paterson St.
Madison Average
2BR
$1,600
$2,073
$0
$700
$1,400
$2,100
$2,800
309 N. Paterson St. is asking 23%
less than the average 2 bedroom apartment in
Madison.
If you upsized to an average priced Madison 3 bedroom apartment, you would pay
14% more per month.
If you downsized to an average priced Madison 1 bedroom apartment,
you would pay 29% less per month.
309 N. Paterson St. provides 2%
less square footage than the average
Madison 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
309 N. Paterson St.
2BR
$1,600
$1.60
$4,800
Madison Average
Studio
$1,261
$3.10
$3,784
1BR
$1,604
$2.30
$4,812
2BR
$2,073
$2.00
$6,220
3BR
$2,404
$1.70
$7,213
4BR
$2,479
$1.70
$7,436
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 1,986 2BR
units on the market in Madison. If you're looking to negotiate, this may be your best option.