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 2 Bedroom, 2 Bathroom by bedroom type below.
2 Bedroom
Suggested income:
$62,800
per year
Rent report
2 Bedroom, 2 Bathroom Rent vs. Madison Average
2 Bedroom, 2 Bathroom
Madison Average
2BR
$1,745
$2,059
$0
$700
$1,400
$2,100
$2,800
2 Bedroom, 2 Bathroom is asking 15%
less than the average 2 bedroom apartment in
Madison.
If you upsized to an average priced Madison 3 bedroom apartment, you would pay
11% more per month.
If you downsized to an average priced Madison 1 bedroom apartment,
you would pay 28% less per month.
2 Bedroom, 2 Bathroom provides 8%
more square footage than the average
Madison 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
2 Bedroom, 2 Bathroom
2BR
$1,745
$1.60
$5,235
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 2,406 2BR
units on the market in Madison. If you're looking to negotiate, this may be your best option.