University Bay Drive is a luxury apartment gem located in the charming and incredibly desirable Village of Shorewood Hills, close to downtown Madison. Your new home is across the street from UW Hospital & Clinics, the VA Hospital and along the bike path to the UW Campus.
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To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 700 University Bay Drive by bedroom type below.
2 Bedroom
Suggested income:
$52,100
per year
Rent report
700 University Bay Drive Rent vs. Madison Average
700 University Bay Drive
Madison Average
2BR
$1,447
$2,012
$0
$700
$1,400
$2,100
$2,800
700 University Bay Drive is asking 28%
less than the average 2 bedroom apartment in
Madison.
If you upsized to an average priced Madison 3 bedroom apartment, you would pay
9% more per month.
If you downsized to an average priced Madison 1 bedroom apartment,
you would pay 30% less per month.
700 University Bay Drive provides 9%
more square footage than the average
Madison 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
700 University Bay Drive
2BR
$1,447
$1.30
$4,341
Madison Average
Studio
$1,283
$3.00
$3,848
1BR
$1,548
$2.20
$4,643
2BR
$2,012
$1.90
$6,035
3BR
$2,199
$1.60
$6,598
4BR
$2,299
$1.50
$6,896
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 1,815 2BR
units on the market in Madison. If you're looking to negotiate, this may be your best option.