Zumper

505 University Ave
505 University Ave, Madison, WI 53703, USA

Apartment for rent
Monthly rent
$1,495–$5,225
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Beds1–4
Baths1–2
Sqft456–1,350
modified
Updated 9 Hours Ago

Property Overview

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Central heat
  • Eco-friendly trash disposal
  • Elevator

Great for

  • Social life
  • Wellness
  • Work-from-home

Units

505 University Ave Madison, WI

New Listing

906

1 Bed

1 Bath

$1,495

Listed on 10/09/2026
Listed by One Bedroom Apartment at The Embassy Apartments
Days on market: 6
Leave traditional studio living behind with our spacious studio apartments! With a separate area for your bed and closet, this extensive studio apartment will let you feel right at home. Furnished with a couch, coffee table, and barstools you'll never have to worry about finding enough furniture to complete your dream apartment! Each kitchen comes equipped with a stove, fridge, dishwasher, and microwave to make cooking and cleaning a breeze. Convince stays top-of-mind with your own bathroom with a full-sized tub and shower. Maximize your space and take advantage of the closet organizers in each bedroom space and twin-sized bed that come standard in every studio unit! Rent increases by $125 per additional person per month with a maximum of two tenants.

New Listing

108

1 Bed

1 Bath

$1,495

Listed on 10/09/2026
Listed by One Bedroom Apartment at The Embassy Apartments
Days on market: 6
Leave traditional studio living behind with our spacious studio apartments! With a separate area for your bed and closet, this extensive studio apartment will let you feel right at home. Furnished with a couch, coffee table, and barstools you'll never have to worry about finding enough furniture to complete your dream apartment! Each kitchen comes equipped with a stove, fridge, dishwasher, and microwave to make cooking and cleaning a breeze. Convince stays top-of-mind with your own bathroom with a full-sized tub and shower. Maximize your space and take advantage of the closet organizers in each bedroom space and twin-sized bed that come standard in every studio unit! Rent increases by $125 per additional person per month with a maximum of two tenants.

New Listing

302

2 Beds

1 Bath

$2,600

Listed on 10/09/2026
Listed by 2 Bedroom, 1 Bath Apartment at The Embassy Apartments
Days on market: 6
This corner two bedroom corner unit offers all you need to take in the beauty of both the UW-Madison campus and the city itself! This unit offers stunning views down Madison's University Ave., while still enjoying the privacy of a corner unit. Furnished with a couch, coffee table, and barstools you'll feel right at home. Each bedroom comes standard with full-sized bunkable beds and closest organizers that keep your room clean and tidy. Stainless steel appliances and granite countertops elevate the kitchen space to stay sleek and modern no matter the time! Rent increases by $125 per additional person per month after 2 tenants.

New Listing

210

2 Beds

1 Bath

$2,600

Listed on 10/09/2026
Listed by 2 Bedroom Apartment
Days on market: 6
Views towards Madison's Lake Mendota and University Ave. frame this corner two bedroom unit at the heart of Madison and the UW campus! Enjoy your home away from home with included furnishings like a couch, coffee table, and barstools that draw your space together. The open area kitchen and stainless steel appliances make cooking fun again and provide a modern edge to the unit. Full-sized bunkable beds and closet organizers make up each bedroom's furnishings and take all the stress out of move-in! Hard surface flooring in the living room and kitchen make clean up a breeze and carpeting in the bedroom provides that extra layer of comfort. Rent increases by $125 per additional person per month after 2 people.

New Listing

710

2 Beds

1 Bath

$2,625

Listed on 10/09/2026
Listed by 2 Bedroom, 1 Bathroom Apartment at The Embassy Apartments
Days on market: 6
Views towards Madison's Lake Mendota and University Ave. frame this corner two bedroom unit at the heart of Madison and the UW campus! Enjoy your home away from home with included furnishings like a couch, coffee table, and barstools that draw your space together. The open area kitchen and stainless steel appliances make cooking fun again and provide a modern edge to the unit. Full-sized bunkable beds and closet organizers make up each bedroom's furnishings and take all the stress out of move-in! Hard surface flooring in the living room and kitchen make clean up a breeze and carpeting in the bedroom provides that extra layer of comfort. Rent increases by $125 per additional person per month after 2 people.

New Listing

810

2 Beds

1 Bath

$2,625

Listed on 10/09/2026
Listed by 2 Bedroom, 1 Bath Apartment at The Embassy Apartments
Days on market: 6
Views towards Madison's Lake Mendota and University Ave. frame this corner two bedroom unit at the heart of Madison and the UW campus! Enjoy your home away from home with included furnishings like a couch, coffee table, and barstools that draw your space together. The open area kitchen and stainless steel appliances make cooking fun again and provide a modern edge to the unit. Full-sized bunkable beds and closet organizers make up each bedroom's furnishings and take all the stress out of move-in! Hard surface flooring in the living room and kitchen make clean up a breeze and carpeting in the bedroom provides that extra layer of comfort. Rent increases by $125 per additional person per month after 2 people.

New Listing

502

2 Beds

1 Bath

$2,625

Listed on 10/09/2026
Listed by 2 Bedroom, 1 Bath Apartment at The Embassy Apartments
Days on market: 6
This corner two bedroom corner unit offers all you need to take in the beauty of both the UW-Madison campus and the city itself! This unit offers stunning views down Madison's University Ave., while still enjoying the privacy of a corner unit. Furnished with a couch, coffee table, and barstools you'll feel right at home. Each bedroom comes standard with full-sized bunkable beds and closest organizers that keep your room clean and tidy. Stainless steel appliances and granite countertops elevate the kitchen space to stay sleek and modern no matter the time! Rent increases by $125 per additional person per month after 2 tenants.

New Listing

910

2 Beds

1 Bath

$2,650

Listed on 10/09/2026
Listed by 2 Bedroom, 1 Bathroom Apartment at The Embassy Apartments
Days on market: 6
Views towards Madison's Lake Mendota and University Ave. frame this corner two bedroom unit at the heart of Madison and the UW campus! Enjoy your home away from home with included furnishings like a couch, coffee table, and barstools that draw your space together. The open area kitchen and stainless steel appliances make cooking fun again and provide a modern edge to the unit. Full-sized bunkable beds and closet organizers make up each bedroom's furnishings and take all the stress out of move-in! Hard surface flooring in the living room and kitchen make clean up a breeze and carpeting in the bedroom provides that extra layer of comfort. Rent increases by $125 per additional person per month after 2 people.

New Listing

201

2 Beds

2 Baths

$2,700

Listed on 10/09/2026
Listed by 2 Bedroom, 2 Bathroom at The Embassy Apartments
Days on market: 6
This unique two bedroom floor plan offers plenty of space for up to four residents! Take advantage of the furnished bedrooms that come with full-sized bunkable beds and closet organizers to keep all your items clean and categorized. A couch, coffee table, and barstools make up the furnishings in the living room and ensure that everyone always has somewhere to relax. Hardwood porcelain tile floors in the kitchen and hallway make keeping your apartment clean a breeze, while carpeting in the living room and bedrooms add a cozy touch. Stainless steel appliances and a breakfast bar make cooking fun again and provide plenty of room for the enthusiastic home cook! Rent increases by $125 per additional person per month after 2 tenants.

New Listing

501

2 Beds

2 Baths

$2,725

Listed on 10/09/2026
Listed by 2 Bedroom, 2 Bathroom Apartment at The Embassy Apartments
Days on market: 6
This unique two bedroom floor plan offers plenty of space for up to four residents! Take advantage of the furnished bedrooms that come with full-sized bunkable beds and closet organizers to keep all your items clean and categorized. A couch, coffee table, and barstools make up the furnishings in the living room and ensure that everyone always has somewhere to relax. Hardwood porcelain tile floors in the kitchen and hallway make keeping your apartment clean a breeze, while carpeting in the living room and bedrooms add a cozy touch. Stainless steel appliances and a breakfast bar make cooking fun again and provide plenty of room for the enthusiastic home cook! Rent increases by $125 per additional person per month after 2 tenants.

New Listing

601

2 Beds

2 Baths

$2,850

Listed on 10/09/2026
Listed by 2 Bedroom, 2 Bathroom Apartment at The Embassy Apartments
Days on market: 6
This unique two bedroom floor plan offers plenty of space for up to four residents! Take advantage of the furnished bedrooms that come with full-sized bunkable beds and closet organizers to keep all your items clean and categorized. A couch, coffee table, and barstools make up the furnishings in the living room and ensure that everyone always has somewhere to relax. Hardwood porcelain tile floors in the kitchen and hallway make keeping your apartment clean a breeze, while carpeting in the living room and bedrooms add a cozy touch. Stainless steel appliances and a breakfast bar make cooking fun again and provide plenty of room for the enthusiastic home cook! Rent increases by $125 per additional person per month after 2 tenants.

New Listing

901

2 Beds

2 Baths

$3,000

Listed on 10/09/2026
Listed by 2 Bedroom, 2 Bathroom Apartment at The Embassy Apartments
Days on market: 6
This unique two bedroom floor plan offers plenty of space for up to four residents! Take advantage of the furnished bedrooms that come with full-sized bunkable beds and closet organizers to keep all your items clean and categorized. A couch, coffee table, and barstools make up the furnishings in the living room and ensure that everyone always has somewhere to relax. Hardwood porcelain tile floors in the kitchen and hallway make keeping your apartment clean a breeze, while carpeting in the living room and bedrooms add a cozy touch. Stainless steel appliances and a breakfast bar make cooking fun again and provide plenty of room for the enthusiastic home cook! Rent increases by $125 per additional person per month after 2 tenants.

New Listing

604

3 Beds

1 Bath

$3,600

Listed on 10/09/2026
Listed by 3 bedroom, 1.25 bath in Downtown Madison
Days on market: 6
This three bedroom unit is the only one of its kind with a dedicated and furnished dinning room area! In addition to the dinning room table and 4 chairs, this unit comes standard with a couch, coffee table, and barstools to elevate your downtown Madison living. The stainless steel appliances and granite counter tops in the kitchen never go out of style and provide a sleek cooking experience. All three bedrooms come furnished with full-sized bunkable beds and closet organizers, keeping all your essentials neatly sorted. Hard surface flooring in the kitchen and dinning area make clean up easy, while carpeting in the living room and bedroom keep the unit feelings cozy in the cold winter months! Rent increases by $125 per additional person per month after 3 tenants.

New Listing

804

3 Beds

1 Bath

$3,600

Listed on 10/09/2026
Listed by 3 bedroom, 1.25 bath in Downtown Madison
Days on market: 6
This three bedroom unit is the only one of its kind with a dedicated and furnished dinning room area! In addition to the dinning room table and 4 chairs, this unit comes standard with a couch, coffee table, and barstools to elevate your downtown Madison living. The stainless steel appliances and granite counter tops in the kitchen never go out of style and provide a sleek cooking experience. All three bedrooms come furnished with full-sized bunkable beds and closet organizers, keeping all your essentials neatly sorted. Hard surface flooring in the kitchen and dinning area make clean up easy, while carpeting in the living room and bedroom keep the unit feelings cozy in the cold winter months! Rent increases by $125 per additional person per month after 3 tenants.

New Listing

405

3 Beds

2 Baths

$3,750

Listed on 10/09/2026
Listed by 3 bedroom, 2 bath in Downtown Madison
Days on market: 6
This corner unit makes your apartment feel just like home! Furnished with a couch, coffee table, and barstools this apartment has all the essentials you need to settle right in. Stainless steel appliances and granite countertops in the kitchen provide an updated feel and make cleaning a breeze. Each bedroom comes furnished with a full-sized bed and closet organizer to keep all your items neat and tidy. Rent increases by $125 per additional person per month after 3 people.

New Listing

105

3 Beds

2 Baths

$3,750

Listed on 10/09/2026
Listed by 3 bedroom, 2 bath at The Embassy Apartments
Days on market: 6
This corner unit makes your apartment feel just like home! Furnished with a couch, coffee table, and barstools this apartment has all the essentials you need to settle right in. Stainless steel appliances and granite countertops in the kitchen provide an updated feel and make cleaning a breeze. Each bedroom comes furnished with a full-sized bed and closet organizer to keep all your items neat and tidy. Rent increases by $125 per additional person per month after 3 people.

New Listing

409

3 Beds

2 Baths

$3,850

Listed on 10/09/2026
Listed by 3 Bedroom, 2 Bath Apartment at The Embassy Apartments
Days on market: 6
The views don't get much than this apartment! With views stretching to Madison's Lake Mendota and Bascom Hill, this corner unit offers all you need to enjoy your time in Madison. No need to stress about brining your own furniture, as this unit comes standard with two couches, a coffee table, and barstools! The furnishings continue into the bedrooms with full-sized bunkable beds and closet organizers to make you feel right at home. The kitchen stays sleek and modern no matter the time with stainless steel appliances and granite counter tops throughout. No need for anyone to be left out as this unit can fit up to five tenants comfortably! Rent increases by $125 per additional person per month after 3 tenants.

New Listing

103

4 Beds

2 Baths

$5,000

Listed on 10/09/2026
Listed by 4 Bedroom, 2 Bathroom Apartment at The Embassy Apartments
Days on market: 6
Never run out of room in this extremely spacious four bedroom unit located right at the heart of Downtown Madison and the UW-Madison campus! An extra-large living room with built-in furnishings including two couches, a coffee table, and four barstools ensure that everyone has a place to sit and relax! Each bedroom comes with full-sized bunkable beds and closet organizers that make storage and cleaning a breeze. Stainless steel appliances in the kitchen and a breakfast bar provide a modern look to the unit, without compromising on space! Too many friends to count on one hand? That's not an issue with these apartments! This unit can comfortable fit up to 6 tenants. Rent increases by $125 per additional person per month after 4 tenants.

New Listing

603

4 Beds

2 Baths

$5,050

Listed on 10/09/2026
Listed by 4-Bedroom Apartment at The Embassy Apartments
Days on market: 6
Never run out of room in this extremely spacious four bedroom unit located right at the heart of Downtown Madison and the UW-Madison campus! An extra-large living room with built-in furnishings including two couches, a coffee table, and four barstools ensure that everyone has a place to sit and relax! Each bedroom comes with full-sized bunkable beds and closet organizers that make storage and cleaning a breeze. Stainless steel appliances in the kitchen and a breakfast bar provide a modern look to the unit, without compromising on space! Too many friends to count on one hand? That's not an issue with these apartments! This unit can comfortable fit up to 6 tenants. Rent increases by $125 per additional person per month after 4 tenants.

New Listing

903

4 Beds

2 Baths

$5,225

Listed on 10/09/2026
Listed by 4 bedroom, 2 bath at The Embassy Apartments
Days on market: 6
Never run out of room in this extremely spacious four-bedroom unit located right at the heart of Downtown Madison and the UW-Madison campus! An extra-large living room with built-in furnishings including two couches, a coffee table, and four barstools ensure that everyone has a place to sit and relax! Each bedroom comes with full-sized bunkable beds and built-in closet organizers that have shelves and pull-out drawers. Stainless steel appliances in the kitchen and a breakfast bar provide a modern look to the unit, without compromising on space! Too many friends to count on one hand? That's not an issue with these apartments! This unit can comfortably fit up to 6 tenants. Rent increases by $125 per additional person per month after 4 tenants.

Amenities for 505 University Ave

Some units at this address have these amenities. View unit details for more information.

Building
  • Storage
  • Residents Lounge
  • Elevator
  • On-Site Management
  • Controlled Access
  • Package Service
  • On-Site Laundry
Unit Amenities
  • Central Heat
  • Furnished
  • Dishwasher
  • Air Conditioning
  • On-Site Laundry
  • In-Unit Laundry
  • Microwave

Policies at 505 University Ave

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

About 505 University Ave

HomeApartments in MadisonDowntown Madison 505 University Ave #901, Madison, WI 53703, USA

Interested in leasing 505 University Ave, Madison, WI 53703, USA? Currently, 505 University Ave, Madison, WI 53703, USA is available to rent or lease. It is a 2-bedroom apartment with 2 bathrooms. Below, you can compare the rent price at 505 University Ave, Madison, WI 53703, USA vs overall rent prices in Downtown Madison, WI. We have compiled nearby businesses and things to do close to 505 University Ave, Madison, WI 53703, USA.

Address details

Units22
Units available20
Neighborhood
City
Zip code53703

505 University Ave #901 is great for:

Social life

  • 270 restaurants within 1 mile of this property
  • Area has 44 parks and recreation options
  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • 92 museums, art galleries, or cultural centers within 1 mile

Wellness

  • 44 parks nearby
  • HVAC systems available onsite
  • 20 gyms or yoga centers nearby
  • There are 10 grocery stores within 1 mile

Work-from-home

  • High speed internet is an amenity
  • Common areas for meetings or remote work
  • 4 coworking spaces or cafes within 1 mile
  • 3 internet service provider options nearby

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 505 University Ave, Madison, WI 53703, USA compares to other nearby properties.

Positives

Central heat
This address offers a climate controlled environment
Eco-friendly trash disposal
This address has recycling pickup
Elevator
Improved accessibility features
Images available
There are at least 10 photos of this address
Package service
More secure storage for delivery

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1.2 miles away
Greater distance from high schools
The nearest high school is farther than 1.4 miles away
Greater distance from middle schools
The nearest middle school is farther than 0.5 miles away
Pet restrictions
Pets aren't allowed at this location.

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Rent trends in Madison

1-bedroom apartments here are priced 3% higher than 1-bedrooms in Downtown Madison.

If you decide to upgrade your space, you can expect 2-bedrooms at 505 University Ave #901 to be 34% more than the average for similarly sized apartments in Downtown Madison.

3-bedroom apartments at 505 University Ave #901 cost about 44% more than the average rent price for 3-bedroom apartments in Downtown Madison.

4-bedroom apartments at 505 University Ave #901 cost about 41% more than the average rent price for 4-bedroom apartments in Downtown Madison.

Median rents as of Oct 10 2026.
Downtown Madison
Madison
A table of studio rental data trends in Madison
MonthMedian Rent
October 2024$1,200
November 2024$1,205
December 2024$1,250
January 2025$1,248
February 2025$1,311
March 2025$1,304
April 2025$1,343
May 2025$1,334
June 2025$1,361
July 2025$1,391
August 2025$1,281
September 2025$1,140
October 2025$1,165
November 2025$1,195
December 2025$1,195
January 2026$1,217
February 2026$1,257
March 2026$1,267
April 2026$1,276
May 2026$1,213
June 2026$1,258
July 2026$1,297
August 2026$1,308
September 2026$1,175
October 2026$1,192
A table of studio rental data trends in Downtown Madison
MonthMedian Rent
October 2024$1,100
November 2024$1,122
December 2024$1,217
January 2025$1,223
February 2025$1,218
March 2025$1,196
April 2025$1,235
May 2025$1,280
June 2025$1,265
July 2025$1,288
August 2025$1,166
September 2025$1,125
October 2025$1,127
November 2025$1,181
December 2025$1,250
January 2026$1,242
February 2026$1,251
March 2026$1,250
April 2026$1,260
May 2026$1,105
June 2026$1,117
July 2026$1,111
August 2026$1,138
September 2026$1,128
October 2026$1,152

Affordability calculator

Can I afford to live at 505 University Ave?

Bedrooms

Rent-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

$59,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,800 annually to afford this 1-bedroom median monthly rent price of $1,495.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 505 University Ave, Madison, WI.
This month$2,6002 bed1 bath
This month$2,7502 bed2 bath

Schools near 505 University Ave #901

4K PK Off Site

545 w dayton st

madison, WI, 53703

PKPublic

Randall Elementary School

1802 regent st

madison, WI, 53726

3-5Public
A-

Franklin Elementary School

305 w lakeside st

madison, WI, 53715

PK, K-2Public
B+

Mendota Mental Health Institution

301 troy dr

madison, WI, 53704

PK, K-12Public

Forest Edge Elementary School

4848 brassica rd

fitchburg, WI, 53711

PK, K-6Public
A-
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Getting around Madison near 505 University Ave

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 505 University Ave, Madison

Groceries

9/10
Wide variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 505 University Ave

Capitol Centre Market
111 N Broom St
Fresh Madison Market
703 University Ave
Royal Mart
340 State St
Triangle Market
302 State St
Bassett Food Mart
41 S Bassett St

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Tenney-Lapham • 810 E Gorham St

2–3 Beds

$1,965–$2,555

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
dogs and cats ok
No
dishwasher
Yes
air conditioning
Yes

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