5+ Days Ago
Highlights
- Peaceful community
- Shared laundry
- Updated kitchen
- City conveniences
- Lvp flooring
Location
2 Sherman Ter #1, Madison, WI 53704, USA|Sherman Terrace
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Amenities for 2 Sherman Ter #1, Sherman Terrace
Building
| Onsite Laundry | Six Units in Building |
Grounds
| 2 Parking Spaces | Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 2 Sherman Ter #1
Property Status: Active Welcome to this updated Isthmus condo in the heart of Sherman Terrace—just minutes from downtown Madison, UW campus, & Tenney Park! Thoughtful updates throughout: a refreshed kitchen, appliances (Fridge 2025), mechanicals, windows, & LVP flooring (2022), plus fresh paint and a new screen door (2025).Enjoy private front & back entries, a small green space in back, & 2+ outdoor parking spots. Storage unit & shared laundry are easily accessed just behind the building. This friendly condo community is surrounded by mature trees & green space—ideal for anyone seeking peace & quiet close to the Capitol, Lake Mendota, & city conveniences. Office Phone: (608) 256-9011 Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 2 Sherman Ter #1 compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | Sherman Terrace |
|---|---|
| Zip code | 53704 |
| Type | Condo for rent |
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Rent trends in Sherman Terrace
2-bedroom apartments at 2 Sherman Ter #1 cost about 3% less than the average rent price for 2-bedroom apartments in Madison.
Median rents as of Nov 29 2025.
Sherman Terrace
Madison
| Month | Median Rent |
|---|---|
| December 2023 | $1,733 |
| January 2024 | $1,825 |
| February 2024 | $1,825 |
| March 2024 | $1,801 |
| April 2024 | $1,832 |
| May 2024 | $1,855 |
| June 2024 | $1,899 |
| July 2024 | $1,978 |
| August 2024 | $1,877 |
| September 2024 | $1,818 |
| October 2024 | $1,859 |
| November 2024 | $1,916 |
| December 2024 | $1,951 |
| January 2025 | $1,879 |
| February 2025 | $2,002 |
| March 2025 | $1,954 |
| April 2025 | $1,949 |
| May 2025 | $1,919 |
| June 2025 | $1,968 |
| July 2025 | $1,907 |
| August 2025 | $1,780 |
| September 2025 | $1,789 |
| October 2025 | $1,884 |
| November 2025 | $1,819 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,700 |
| August 2025 | $1,550 |
| September 2025 | $1,550 |
| October 2025 | $1,550 |
Affordability calculator
Can I afford to live at 2 Sherman Ter #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 2-bedrooms monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
Schools near 2 Sherman Ter #1
Emerson Elementary School
2421 e johnson st
madison, WI, 53704
PK, K-5Public
B
4K PK Off Site
545 w dayton st
madison, WI, 53703
PKPublic
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Internet available near 2 Sherman Ter #1
Neighborhood
Sherman Terrace | Madison, WI
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Madison near 2 Sherman Ter #1
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 2 Sherman Ter #1, Madison
Groceries
3/10
At least one supermarket within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
4/10
At least one elementary school within a 30-minute walk
High schools
4/10
At least one high school within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
Explore the area around 2 Sherman Ter #1
Jenifer Street Market
2038 Jenifer St
Willy Street Grocery Co-op West
1221 Williamson St
Alimentari
306 S Brearly St
Festival Foods
810 E Washington Ave
Madison Oriental Market
1197 N Sherman Ave
Letter News Red
2528 E Washington Ave
Lucca Clothing LLC
309 Lakewood Blvd
A New Day Boutique
702 E Johnson St
Change Boutique
305 S Livingston St
Woman's Touch A
302 S Livingston St
Starbucks
1896 E Washington Ave
Grace Coffee
1216 E Washington Ave
Mother Fools Coffee House
1101 Williamson St
Black Locust Cafe
829 E Washington Ave
Cargo Coffee
750 E Washington Ave
Ideal Bar
1968 Atwood Ave
Herbier Tap Room
2015 Winnebago St
Player's Sports Bar
2013 Winnebago St
Bar Corallini
2004 Atwood Ave
Mickey's Tavern
1524 Williamson St
Miller's Marvelous Bakery
1 Sherman Ter
Supercharge! Foods LLC
1902 E Washington Ave
Batch Bakehouse
1402 Williamson St
Willy Street Co-op
1221 Williamson St
Paleo Mama Bakery
409 S Few St
Tenney Park
Pennsylvania Park
Burr Jones Field
Burrows Park
Demetral Field
China Wok - Madison
1724 Fordem Ave
Chocolate Shoppe Ice Cream
1726 Fordem Ave
Banzo
2105 Sherman Ave
Milio's Sandwiches
2202 E Johnson St
Turn Key Madison
1344 E Washington Ave
Fordem / Lakewood (SB)
,
Sherman / Sherman (EB)
Fordem / Lakewood (NB)
Fordem / E Johnson (NB)
E Johnson / N First (WB)
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