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Updated 1 hour ago

Franklin Terrace


521 N Franklin Ave Madison, WI

1 Bed
•
1 Bath

439 - 561 Sq. Ft.

Available starting Aug. 5th
1 Bed • 1 Bath
$1,190
439 ft2
1 Available
B
$1,190
Available Aug 5th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,375
561 ft2
1 Available
Unit 3
$1,375
Available Aug 5th, 2026
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
83
Very Walkable
Transit Score®
48
Some Transit
Bike Score®
93
Biker's Paradise
Amenities
In-unit Laundry
On-site Laundry
Air Conditioning
Storage
Refrigerator
Public Transportation
Controlled Access
On Bus Line
Hardwood Floors
Near Fire Department
Online Resident Portal
Near Campus
Recycling
Window Coverings
Virtual Walkthrough
Extra Storage
24/7 Emergency Maintenance
Patio Or Balcony
Window Coverings Included
Gas Cooking Range
Online Payments Available
24/7 Emergency Maintenance
Recycling
24/7 Emergency Maintenance
On-site Maintenance
Bath Tub
Balcony, Deck, Patio
Carpet
Living Room
Range / Oven
Freezer
Porch
Cable-ready
High-speed Internet
Near Grocery Store
Secured Entry
24-hour Maintenance
Online Payments
Accepts Credit Cards
Online Community Portal
Near Hospital
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Rent: $50.00
Breed Restrictions:

Breed Restrictions May Apply

Other:

Dogs, Cats, Fish, and Caged Birds are welcome! Dogs and cats must be neutered or spayed, and dogs must weigh less than 30 pounds (breed restrictions are: Pitbull, German Shepherd, Rottweiler & Doberman Pinscher). Maximum of 2 pets, $50/mo. for per dog or cat and $25/mo. per small, caged animal, bird, or reptile. No additional deposit is required. We ask that all pets who will be living or visiting your residence be disclosed. Qualified service animals are always welcome, but must be disclosed. Exotic pets are not allowed.

Pet Fee: $35.00
Parking
Off-street Parking
Property details
Description

Franklin Terrace Apartments are located just off University Avenue, by many shops and restaurants. Apartments 1-4 are located on the first two floors. They are large sunny apartments in a 4-plex configuration with wood floors and shared back porches. Apartment B is on the lower level of the building. It has a private entry, is handicap accessible, and has a large kitchen.

Additional Details
Year Built: 1951
Total Unit Count: 5
Last Updated: Updated 1 hour ago
Contact Number: (608) 410-4239
Property manager information
Steve Brown Apartments
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Office Hours
Monday: 8:30 AM - 5:00 PM
Tuesday: 8:30 AM - 5:00 PM
Wednesday: 8:30 AM - 5:00 PM
Thursday: 8:30 AM - 5:00 PM
Friday: 8:30 AM - 5:00 PM
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Photos Floor Plans Amenities
About Franklin Terrace
Welcome to Franklin Terrace Apartments! Managed by Steve Brown Apartments, this charming property is nestled at 521 N Franklin Ave in the vibrant city of Madison, WI. With its prime location just off University Avenue, residents of Franklin Terrace enjoy easy access to a variety of shops and restaurants in the nearby Sunset Hills, Regent, and Sunset Village neighborhoods.

Built in 1951, Franklin Terrace offers 1 bedroom floor plans, perfect for singles or couples looking for a cozy and convenient living space. The units range in size from a comfortable 439 square feet to a more spacious 561 square feet, ensuring that residents have plenty of room to make themselves at home.

One of the standout features of Franklin Terrace is the wide range of amenities offered. Residents can enjoy the convenience of in-unit laundry, air conditioning to keep cool on hot summer days, and a balcony, deck, or patio for relaxing outdoors. Additional amenities include storage options, controlled access for added security, and virtual tours to help prospective tenants get a feel for the property.

Franklin Terrace is a pet-friendly community, allowing both dogs and cats, so your furry friends can also feel at home here. For those who prefer the convenience of shared laundry facilities, on-site laundry services are also available. And let's not forget about the refrigerator included in each unit, making it easy to keep groceries fresh and delicious.

Specifically, apartments 1-4 are located on the first two floors of the property, featuring wood floors and shared back porches that invite residents to enjoy the outdoors. Apartment B, on the other hand, is located on the lower level, providing a private entrance and handicap accessibility. This apartment also boasts a spacious kitchen, offering plenty of room for cooking and entertaining.

If you're in search of a sunny and spacious apartment in a desirable location, look no further than Franklin Terrace Apartments. Contact Steve Brown Apartments to schedule a virtual tour and experience the charm of Franklin Terrace for yourself.
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 Franklin Terrace by bedroom type below.
1 Bedroom
Suggested income:
$46,200
per year
Rent report

Franklin Terrace Rent vs. Madison Average

 Franklin Terrace      Madison Average
1BR
$1,283
$1,598
$0
$550
$1,100
$1,650
$2,200

Franklin Terrace is asking 20% less than the average 1 bedroom apartment in Madison.

If you upsized to an average priced Madison 2 bedroom apartment, you would pay 25% more per month.

If you downsized to an average priced Madison studio apartment, you would pay 25% less per month.

Franklin Terrace provides 26% less square footage than the average Madison 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Franklin Terrace
1BR $1,283 $2.60 $3,848
Madison Average
Studio $1,275 $3.10 $3,824
1BR $1,598 $2.40 $4,795
2BR $2,120 $2.10 $6,359
3BR $2,568 $2.00 $7,704
4BR $2,885 $2.10 $8,654

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 2,339 2BR units on the market in Madison. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
14% 32% 41% 9% 3%
Available Units in Madison
Studio 820
1BR 1,829
2BR 2,339
3BR 513
4BR 158
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
UW Hospital 0.5 mi 11 min 3 min 2 min
Regent Street 0.9 mi 17 min 6 min 2 min
Gymnasium-Natatorium 1.2 mi 23 min 7 min 4 min
Camp Randall 1.4 mi 27 min 8 min 3 min
Monroe Street 1.4 mi 28 min 8 min 4 min
Nearby Hospitals
Name Distance
William S. Middleton Memorial Veterans Hospital 0.25 mi.
Uw Hospital 0.29 mi.
Unitypoint Health Meriter 1.83 mi.
Nearby Fire Stations
Name Distance
Madison Fire Department 2.35 mi.
Madison Town Fire Department 2.66 mi.
Marquette Volunteer Fire Department 4.07 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 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 05, 2026.
What's the square footage of the available units?
The available units range from 439 to 561 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 521 N Franklin Ave in Madison, WI. It's 2.1 miles west from the center of Madison.
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