Say hello to Vélo 404. Vélo happens to rhyme with halo, and that’s what’ll be hanging over your head when you move in…as in a halo of happiness. Happiness is the perfect blend of studio, one and two bedroom luxurious apartments designed in a modern/industrial architectural style with many units featuring enormous windows and vaulted ceilings for enormous amounts of personal happiness.
And if you choose to step out of your upscale Vélo 404 apartment, you’ll be stepping out into the Schenk-Atwood neighborhood which has more mojo than a mojito. That’s because you’re living in Madison’s most eclectic neighborhood with great restaurants, bars, music and shopping. And if stepping’s not your thing, but riding is, we’re right on the bike path. Oh happiness, I have found you!
The manager, Prime Urban Properties, is licensed in the state of Wisconsin.
Additional Details
Other: Fiber optic 100 Mbps internet included in rent; Some units with private entries and concrete flooring
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Vélo 404 by bedroom type below.
1 Bedroom
Suggested income:
$66,600
per year
Rent report
Vélo 404 Rent vs. Madison Average
Vélo 404
Madison Average
1BR
$1,850
$1,611
$0
$650
$1,300
$1,950
$2,600
Vélo 404 is asking 15%
more than the average 1 bedroom apartment in
Madison.
If you upsized to an average priced Madison 2 bedroom apartment, you would pay
22% more per month.
If you downsized to an average priced Madison studio apartment,
you would pay 27% less per month.
Vélo 404 provides 3%
less square footage than the average
Madison 1 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Vélo 404
1BR
$1,850
$2.70
$5,550
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.