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Royal Apartment


2232 W Broadway St Madison, WI

5.0 2 reviews
1 - 3 Bed
•
2 Bath

1,084 - 1,370 Sq. Ft.

Available starting May. 1st
1 Bed • 2 Bath
$1,230
1275 ft2
1 Available

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A2 Style - 309 (Income Restricted)
$1,230
Available Jun 1st, 2024
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View Rented Units
2 Beds • 2 Bath
$1,235
1084 ft2
1 Available

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A Style - 304 (Income Restricted)
$1,235
Available May 1st, 2024
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View Rented Units
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3 Beds • 2 Bath
$1,430
1370 ft2
1 Available

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C1 Style - 315 (Income Restricted)
$1,430
Available May 1st, 2024
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
39
Car-Dependent
Bike Score®
71
Very Bikeable
Amenities
On-site Laundry
Air Conditioning
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Controlled Access
On Bus Line
Water Included
24-hour Maintenance
Online Payments
Accepts Credit Cards
Smoke-free Community
Online Community Portal
Near Hospital
Near Grocery Store
Near Campus
Community Room
Sewer Included
Large Closets
Virtual Walkthrough
Secured Entry
Elevator
Intercom System
High-speed Internet
Cable-ready
Central A / C
Heat: Forced Air
Freezer
Microwave
Range / Oven
Living Room
Carpet
Income Restricted
Dishwasher
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Breed Restrictions:

Breed Restrictions May Apply

Size Restrictions:

30lbs Max

Number Limit:

2 Pets Max

Pet Deposit:

Dogs less than one year old require an additional $250 security deposit

Pet Rent:

$25 Per Month Per Cat - $45 Per Month Per Dog

Other:

Proof of renters' insurance required for dogs. Cats/Dogs must be spayed/neutered.

Parking
Garage - Attached
More Info:

Underground Parking for $45/Month

Lease & Fees
Security Deposit: Half Month's Rent
Lease Length: 12 Month Lease
Property details
Description

Located on Madison’s Southside, The Royal offers residents easy access to daily conveniences such as local restaurants, shops, parks, the Beltline Highway, and the shores of Lake Monona.

AFFORDABLE RENT PROGRAM

The Royal offers reduced rent amounts as part of an Affordable Rent Program.
Affordable rent apartments are subject to moderate income and student status restrictions. Households must meet program eligibility requirements.

50% Income Limit
1 Person - less than $42,750
2 People - less than $48,850
3 People - less than $54,950
4 People - less than $61,050
5 People - less than $65,950
6 People - less than $70,850

60% Income Limit
1 Person - less than $51,300
2 People - less than $58,620
3 People - less than $65,940
4 People - less than $73,260
5 People - less than $79,140
6 People - less than $85,020

80% Income Limit
1 Person - less than $66,300
2 People - less than $75,750
3 People - less than $85,200
4 People - less than $94,650
5 People - less than $102,250
6 People - less than $109,800

Maximum income is based on household size. Moderate income and student status restrictions apply. Unit cannot be entirely occupied by full-time students. Some exemptions apply - contact us for details. Select apartments at The Royal are set aside specifically for households where at least one member is a military veteran and/or has a permanent disability. (Pricing, inclusions, and eligibility subject to change)

Additional Details
Account Type: Other
Application Url: https://drive.google.com/file/d/1TFsSex8uVAkX97W38HzX7NsbPkmd9ulC/view
Total Unit Count: 48
Last Updated: Updated 1 hour ago
Contact Number: (608) 205-4424
Property manager information
Stone House Development
1010 E Washington Ave Madison WI 53703
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Reviews
Royal Apartment
5.0
2 reviews
I love it here. They're very spacious and nice, no bugs or rodents, no complaints.
We It here we The view we have facing Broadway and the amenities are outstanding it has everything I need
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Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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 Royal Apartment by bedroom type below.
1 Bedroom
Suggested income:
$44,300
per year
2 Bedroom
Suggested income:
$44,500
per year
3 Bedroom
Suggested income:
$51,500
per year
Rent report

Royal Apartment Rent vs. Madison Average

 Royal Apartment      Madison Average
1BR
$1,230
$1,548
$0
$550
$1,100
$1,650
$2,200
2BR
$1,235
$2,012
$0
$700
$1,400
$2,100
$2,800
3BR
$1,430
$2,199
$0
$750
$1,500
$2,250
$3,000

Royal Apartment is asking 21% less than the average 1 bedroom apartment in Madison.

If you upsized to an average priced Madison 2 bedroom apartment, you would pay 23% more per month.

If you downsized to an average priced Madison studio apartment, you would pay 21% less per month.

Royal Apartment provides 85% more square footage than the average Madison 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Royal Apartment
1BR $1,230 $1.00 $3,690
2BR $1,235 $1.10 $3,705
3BR $1,430 $1.00 $4,290
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.

Studio
1BR
2BR
3BR
4BR
15% 30% 40% 12% 3%
Available Units in Madison
Studio 678
1BR 1,353
2BR 1,815
3BR 521
4BR 117
Location
Nearby Colleges
Nearby Hospitals
Name Distance
St Marys Hospital Madison 2.7 mi.
Select Specialty Hospital Madison 2.78 mi.
Unitypoint Health Meriter 2.85 mi.
Nearby Fire Stations
Name Distance
City Of Monona Fire Department 1.31 mi.
Madison Fire Department 2.68 mi.
Madison Town Fire Department 2.73 mi.
FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. The soonest move-in date is May 01, 2024.
What's the square footage of the available units?
The available units range from 1,084 to 1,370 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,235 to $1,430. Royal Apartment has 2 bedroom units available starting at $1,235 and 3 bedroom units available starting at $1,430.
Where is this property located?
This property is at 2232 W Broadway St in Madison, WI. It's 2.9 miles southeast from the center of Madison.
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