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The Royal

VERIFIED

2232 W Broadway St Madison, WI

5.0 2 reviews
2 Bed
•
2 Bath

1,084 Sq. Ft.

Available starting Feb. 1st
1 Bed • 2 Bath
$1,230 - $1,505
1275 ft2
0 Available
A2 Style - 409 (Income Restricted)
$1,505
Rented
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A2 Style - 309 (Income Restricted)
$1,230
Rented
View
2 Beds • 2 Bath
$1,695
1084 ft2
1 Available
Unit 407
$1,695
Available Feb 1st, 2025
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3 Beds • 2 Bath
$1,425 - $1,430
1370 ft2
0 Available
C1 Style - 415 (Income Restricted)
$1,430
Rented
View
C1 Style - 115 (Income Restricted)
$1,425
Rented
View
C1 Style - 315 (Income Restricted)
$1,430
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
39
Car-Dependent
Bike Score®
71
Very Bikeable
Amenities
On-site Laundry
Air Conditioning
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Controlled Access
On Bus Line
Water Included
Near Hospital
Near Grocery Store
Near Campus
Community Room
Sewer Included
Large Closets
Virtual Walkthrough
Income Restricted
Dishwasher
High-speed Internet
Carpet
Living Room
Range / Oven
Microwave
Freezer
Heat: Forced Air
Central A / C
Cable-ready
Online Community Portal
Intercom System
Elevator
Secured Entry
24-hour Maintenance
Online Payments
Accepts Credit Cards
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Breed Restrictions:

Breed Restrictions May Apply

Size Restrictions:

30lbs Max

Number Limit:

2 Pets Max

Pet Deposit:

Dogs less than one year old require an additional $250 security deposit

Pet Rent:

$25 Per Month Per Cat - $45 Per Month Per Dog

Other:

Proof of renters' insurance required for dogs. Cats/Dogs must be spayed/neutered.

Parking
Garage - Attached
More Info:

Underground Parking for $45/Month

Lease & Fees
Security Deposit: $848
Lease Length:

12 Month Lease

Property details
Description

Located on Madison’s Southside, The Royal offers residents easy access to daily conveniences such as local restaurants, shops, parks, the Beltline Highway, and the shores of Lake Monona.

AFFORDABLE RENT PROGRAM

The Royal offers reduced rent amounts as part of an Affordable Rent Program.
Affordable rent apartments are subject to moderate income and student status restrictions. Households must meet program eligibility requirements.

50% Income Limit
1 Person - less than $44,100
2 People - less than $50,400
3 People - less than $56,700
4 People - less than $62,950
5 People - less than $68,000
6 People - less than $73,050

60% Income Limit
1 Person - less than $52,920
2 People - less than $60,480
3 People - less than $68,040
4 People - less than $75,540

80% Income Limit
1 Person - less than $68,500
2 People - less than $78,250
3 People - less than $88,050
4 People - less than $97,800

Maximum income is based on household size. Moderate income and student status restrictions apply. Unit cannot be entirely occupied by full-time students. Some exemptions apply - contact us for details. Select apartments at The Royal are set aside specifically for households where at least one member is a military veteran and/or has a permanent disability. (Pricing, inclusions, and eligibility subject to change)

Additional Details
Total Unit Count: 48
Last Updated: Updated 1 hour ago
Contact Number: (608) 447-6596
Property manager information
Stone House Development
1010 E Washington Ave Madison WI 53703
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Reviews
The Royal
5.0
2 reviews
I love it here. They're very spacious and nice, no bugs or rodents, no complaints.
We It here we The view we have facing Broadway and the amenities are outstanding it has everything I need
Photos Floor Plans Amenities Reviews
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 Royal by bedroom type below.
2 Bedroom
Suggested income:
$61,000
per year
Rent report

The Royal Rent vs. Madison Average

 The Royal      Madison Average
2BR
$1,695
$2,073
$0
$700
$1,400
$2,100
$2,800

The Royal is asking 18% 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.

The Royal provides 6% more square footage than the average Madison 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Royal
2BR $1,695 $1.60 $5,085
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.

Studio
1BR
2BR
3BR
4BR
13% 33% 40% 11% 3%
Available Units in Madison
Studio 640
1BR 1,639
2BR 1,986
3BR 573
4BR 133
Location
Nearby Colleges
Nearby Hospitals
Name Distance
St Marys Hospital Madison 2.7 mi.
Select Specialty Hospital Madison 2.78 mi.
Unitypoint Health Meriter 2.85 mi.
Nearby Fire Stations
Name Distance
City Of Monona Fire Department 1.31 mi.
Madison Fire Department 2.68 mi.
Madison Town Fire Department 2.73 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?
This property has 1 unit available for move-in on February 01, 2025.
What's the square footage of the available units?
It's 1,084 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 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
The Royal has a 2 bedroom unit starting at $1,695.
Where is this property located?
This property is at 2232 W Broadway St in Madison, WI. It's 2.9 miles southeast from the center of Madison.
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