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Updated 42 minutes ago

515 State St


Madison, WI

5.0 2 reviews
1 - 3 Bed
•
1 - 2 Bath

655 - 1,220 Sq. Ft.

Available starting Aug. 14th
Floor plans
Studio • 1 Bath
$Ask
Size: N/A
0 Available
Managed By: JD McCormick Properties
515 State Street
$Ask
Rented
View
1 Bed • 1 Bath
$1,430
655 ft2
2 Available
Managed By: JD McCormick Properties
515-2B
$1,430
Available Aug 14th, 2027
View
515-2D
$1,430
Available Aug 14th, 2027
View
View Rented Units
1 Bed • 1 Bath
$1,520
675 ft2
3 Available
Managed By: JD McCormick Properties
515-3B
$1,520
Available Aug 14th, 2027
View
515-4D
$1,520
Available Aug 14th, 2027
View
515-3D
$1,520
Available Aug 14th, 2027
View
View Rented Units
2 Beds • 1 Bath
$2,360
920 ft2
4 Available
Managed By: JD McCormick Properties
515-2C
$2,360
Available Aug 14th, 2027
View
515-2E
$2,360
Available Aug 14th, 2027
View
515-3C
$2,360
Available Aug 14th, 2027
View
515-4E
$2,360
Available Aug 14th, 2027
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View Rented Units
View More
3 Beds • 2 Bath
$3,530
1220 ft2
3 Available
Managed By: JD McCormick Properties
515-4A
$3,530
Available Aug 14th, 2027
View
515-3A
$3,530
Available Aug 14th, 2027
View
515-2A
$3,530
Available Aug 14th, 2027
View
Where you'll live
Street View
Map View
Satellite View
515 State St
515 State St
515 State St
Location ratings
Walk Score®
94
Walker's Paradise
Transit Score®
56
Good Transit
Bike Score®
90
Biker's Paradise
Amenities
On-site Laundry
Air Conditioning
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Controlled Access
On Bus Line
Water Included
Elevator
Virtual Walkthrough
Student
Near Campus
Near Fire Department
Near Grocery Store
Near Hospital
Smoke-free Community
Online Payments
Secured Entry
Bath Tub
High-speed Internet
Cable-ready
Central A / C
Heat: Forced Air
Microwave
Range / Oven
Living Room
Carpet
Dishwasher
Fees & leasing info
Pets
No Pets Allowed
Other:

Fish only! (No visiting fur or feathered friends allowed.)

Parking
Garage - Attached
Off-street Parking
More Info:

Limited Off-Street Parking Available

Lease & Fees
Security Deposit:

0 - 3530

Lease Length:

12 Months

Late Fee:

5%

Property details
Description

1 Bedroom - You'll love living in this central, downtown, State Street location. Choose between 1, 2, or 3 bedroom apartments with spacious floor plans and great views of State Street, the Capitol, and Gilman Street. Remodeled units are available and some feature a shared patio or balcony facing State Street. Coin-operated laundry and storage is located in the basement and off-street parking is available.
No Pets Allowed
(RLNE6004023)

Additional Details
Storage: Storage units in the basement available.
Year Built: 1992
Total Unit Count: 15
Last Updated: Updated 42 minutes ago
Contact Number: (608) 819-6500
Property manager information
JD McCormick Properties
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Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 12.0 0.512
AT&T Inc. 6.0 0.512
Data from June 2020 provided by the FCC
Reviews
5.0
2 reviews
Danielle
January 19, 2014
I have lived in The Collegiate for the past semester. I absolutely love it. The apartment is spacious and clean. When there are maintenance issues (which is...
Joyce
October 31, 2012
My daughter has lived in The Collegiate Apartments on 515 N. Lake St. for the past 2 years. The landlord and staff are very friendly and helpful. Never a...
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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 515 State St by bedroom type below.
1 Bedroom
Suggested income:
$53,400
per year
2 Bedroom
Suggested income:
$85,000
per year
3 Bedroom
Suggested income:
$127,100
per year
Rent report

515 State St Rent vs. Madison Average

 515 State St      Madison Average
1BR
$1,484
$1,606
$0
$550
$1,100
$1,650
$2,200
2BR
$2,360
$2,059
$0
$800
$1,600
$2,400
$3,200
3BR
$3,530
$2,312
$0
$1,150
$2,300
$3,450
$4,600

515 State St is asking 8% 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 20% less per month.

515 State St provides 5% less square footage than the average Madison 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
515 State St
1BR $1,484 $2.20 $4,452
2BR $2,360 $2.60 $7,080
3BR $3,530 $2.90 $10,590
Madison Average
Studio $1,336 $2.70 $4,008
1BR $1,606 $2.30 $4,818
2BR $2,059 $2.00 $6,176
3BR $2,312 $1.70 $6,935
4BR $2,453 $1.60 $7,358

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 2,260 2BR units on the market in Madison. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
11% 30% 45% 9% 3%
Available Units in Madison
Studio 577
1BR 1,536
2BR 2,260
3BR 476
4BR 150
Location
Nearby Colleges

University of Wisconsin - Madison

Edgewood College

Madison Area Technical College

FAQs
Is this property currently leasing units?
Yes. There are 12 available units at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on August 14, 2027.
What's the square footage of the available units?
The available units range from 655 to 1,220 square feet.
Does this property allow cats or dogs?
Pets are not allowed at this property.
Where is this property located?
This property is at 515 State St in Madison, WI. It's 0.0 miles southwest from the center of Madison.
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