$50 Nonrefundable, for Credit Check and Processing
Security Deposit:
Equal to One Month's Rent
Lease Length:
12 Months
Late Fee:
$25 after the Third of the Month
Property details
Description
East Side – Room Rental Private, lockable room in a shared house with one off-street parking space included. Residents share two kitchens and 2½ bathrooms. Free laundry is available in the sister rental house next door. Maximum occupancy is one person per room. No pets allowed in roomed apartments. Owner pays all basic utilities.
Additional Details
Co-living Restrictions: List of Shared Apartment Rules will be Given to New Renter with Lease
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 2019 Sherman Avenue by bedroom type below.
Studio
Suggested income:
$19,800
per year
Rent report
2019 Sherman Avenue Rent vs. Madison Average
2019 Sherman Avenue
Madison Average
Studio
$550
$1,327
$0
$450
$900
$1,350
$1,800
2019 Sherman Avenue is asking 59%
less than the average studio apartment in
Madison.
If you upsized to an average priced Madison 1 bedroom apartment, you would pay
18% more per month.
2019 Sherman Avenue provides 79%
less square footage than the average
Madison studio apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
2019 Sherman Avenue
Studio
$550
$5.50
$1,650
Madison Average
Studio
$1,327
$2.80
$3,980
1BR
$1,613
$2.30
$4,839
2BR
$2,067
$2.00
$6,202
3BR
$2,458
$1.80
$7,375
4BR
$2,187
$1.50
$6,560
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 2,558 2BR
units on the market in Madison. If you're looking to negotiate, this may be your best option.