Midtown Terrace offers spacious, uniquely designed apartments conveniently located on Madison’s Westside in a quiet, residential neighborhood. Our property boasts beautiful views of the adjacent city park, complete with a walking trail.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 1 Bedroom, 1 Bathroom by bedroom type below.
1 Bedroom
Suggested income:
$56,500
per year
Rent report
1 Bedroom, 1 Bathroom Rent vs. Madison Average
1 Bedroom, 1 Bathroom
Madison Average
1BR
$1,570
$1,613
$0
$550
$1,100
$1,650
$2,200
1 Bedroom, 1 Bathroom is asking 3%
less 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 22% less per month.
1 Bedroom, 1 Bathroom provides 19%
more square footage than the average
Madison 1 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
1 Bedroom, 1 Bathroom
1BR
$1,570
$1.90
$4,710
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 2,519 2BR
units on the market in Madison. If you're looking to negotiate, this may be your best option.