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Updated 7 hours ago

506-508 Farley Ave

VERIFIED

506-508 Farley Ave Madison, WI

1 - 2 Bed
•
1 Bath

704 - 828 Sq. Ft.

Available starting Aug. 1st
Floor plans
1 Bed • 1 Bath
$1,395
704 ft2
1 Available
Unit 2
$1,395
Available Aug 1st, 2026
View
2 Beds • 1 Bath
$1,695
828 ft2
1 Available
Unit 8
$1,695
Available Aug 1st, 2026
View
View Rented Units
2 Beds • 1 Bath
$1,695
767 ft2
1 Available
Unit 5
$1,695
Available Aug 1st, 2026
View
2 Beds • 1 Bath
$1,695
808 ft2
1 Available
Unit 4
$1,695
Available Aug 1st, 2026
View
2 Beds • 1 Bath
$1,725
788 ft2
1 Available
B
$1,725
Available Aug 1st, 2026
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Where you'll live
Street View
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506-508 Farley Ave
506-508 Farley Ave
506-508 Farley Ave
Location ratings
Walk Score®
77
Very Walkable
Transit Score®
48
Some Transit
Bike Score®
91
Biker's Paradise
Amenities
On-site Laundry
Air Conditioning
Storage
On Bus Line
Hardwood Floors
Water Included
Microwave
Central Air
Carpeted
Smoke Free
Fees & leasing info
Pets
No Pets Allowed
Other:

Please contact MPM at 608-251-8777 for more information.

Pet Rent: $40.00
Parking
Surface Parking
More Info:

Paid parking behind building (limited availability)

Lease & Fees
Lease Length: 12 months
Property details
Description

These beautiful apartment homes are located in a quiet residential setting. You'll appreciate the smaller community setting here. You can walk to MED School, the University Hospital and Clinics, VA Hospital, Waisman Center, Rennebohm Hall, Forest Products, US Dept. of Agriculture, Nielson Stadium, etc.

Additional Details
Year Built: 1975
Total Unit Count: 1
Last Updated: Updated 7 hours ago
Contact Number: (608) 636-8654
Property manager information
Madison Property Management
1202 Regent Street
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Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
AT&T Inc. 1000.0 1000.0
Charter Communications 940.0 35.0
AT&T Inc. 50.0 10.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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About 506-508 Farley Ave
506-508 Farley Ave, managed by Madison Property Management, is a well-maintained rental property located in the heart of Madison, WI. Built in 1975, this property offers 2-bedroom floor plans spanning between 716 to 753 square feet.

Residents of 506-508 Farley Ave can enjoy a range of amenities including air conditioning, surface parking, storage, and on-site laundry facilities. Water is also included in the rent. The apartment homes feature hardwood floors, carpeted bedrooms, and a microwave in the kitchen. Additionally, central air provides comfort throughout the year.

Situated in a peaceful residential setting, this community offers a smaller, more intimate atmosphere. Conveniently, it is within walking distance to various establishments including the MED School, University Hospital and Clinics, VA Hospital, Waisman Center, Rennebohm Hall, Forest Products, US Dept. of Agriculture, and Nielson Stadium. The nearby neighborhoods of Regent, Sunset Hills, and Sunset Village add to the appeal of this location.

For those seeking a comfortable and convenient living experience, 506-508 Farley Ave is a great option. With its desirable amenities, prime location, and inviting community setting, it's an ideal choice for renters in Madison.
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 506-508 Farley Ave by bedroom type below.
1 Bedroom
Suggested income:
$50,200
per year
2 Bedroom
Suggested income:
$61,300
per year
Rent report

506-508 Farley Ave Rent vs. Madison Average

 506-508 Farley Ave      Madison Average
1BR
$1,395
$1,598
$0
$550
$1,100
$1,650
$2,200
2BR
$1,703
$2,120
$0
$700
$1,400
$2,100
$2,800

506-508 Farley Ave is asking 13% 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.

506-508 Farley Ave provides 4% more square footage than the average Madison 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
506-508 Farley Ave
1BR $1,395 $2.00 $4,185
2BR $1,703 $2.10 $5,108
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

Edgewood College

University of Wisconsin - Madison

Madison Area Technical College

Campus Buildings and Attractions
Distance Walking Biking Driving
UW Hospital 0.5 mi 9 min 3 min 2 min
Regent Street 0.8 mi 15 min 5 min 2 min
Gymnasium-Natatorium 1.1 mi 21 min 7 min 4 min
Camp Randall 1.3 mi 25 min 7 min 3 min
Monroe Street 1.3 mi 26 min 7 min 4 min
Nearby Hospitals
Name Distance
William S. Middleton Memorial Veterans Hospital 0.17 mi.
Uw Hospital 0.28 mi.
Unitypoint Health Meriter 1.7 mi.
Nearby Fire Stations
Name Distance
Madison Fire Department 2.24 mi.
Madison Town Fire Department 2.54 mi.
Marquette Volunteer Fire Department 3.99 mi.
FAQs
Is this property currently leasing units?
Yes. There are 5 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 01, 2026.
What's the square footage of the available units?
The available units range from 704 to 828 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 506-508 Farley Ave in Madison, WI. It's 2.0 miles west from the center of Madison.
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