5+ Days Ago
Location
514 E Mifflin St, Madison, WI 53703, USA|Downtown Madison
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Property Overview
Featuring off-street parking, this residence is ideally situated near top-rated schools within a half-mile distance, placing it in the 100th percentile for value per square foot in the area. The vibrant neighborhood supports an active social life, showcasing 312 restaurants, 46 parks, and numerous entertainment options, including theaters and music venues, all within a mile.
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
More space- High school nearby
- Elementary school nearby
Great for
Social life
Amenities for 514 E Mifflin St #7, Downtown Madison
Apartment Amenities
| Furnished |
Appliances
| In-Unit Laundry |
Building
| Eight Units in Building |
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.
Contact Property
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About 514 E Mifflin St #7
Property Status: Active Available 10/10. Unit can be furnished or unfurnished. Very conveniently located blocks from East Washington Ave and very close to the bus-line. Washer & dryer available in building's basement. Off-street parking available. 6-12 month lease required. Office Phone: (608) 220-1453 Copyright © 2026 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.
514 E Mifflin St #7 is great for:
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 514 E Mifflin St #7 compares to other nearby properties.
Positives
- More space
- Studio is 550 sqft larger than other listings nearby
- High school nearby
- There is a high school 1 mile away
- Elementary school nearby
- There is an elementary school 1 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | Downtown Madison |
|---|---|
| Zip code | 53703 |
| Type | Apartment for rent |
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Rent trends in Downtown Madison
studio apartments at 514 E Mifflin St #7 cost about 5% more than the average rent price for studio apartments in Madison.
Median rents as of Jan 10 2026.
Downtown Madison
Madison
| Month | Median Rent |
|---|---|
| February 2024 | $1,150 |
| March 2024 | $1,256 |
| April 2024 | $1,225 |
| May 2024 | $1,257 |
| June 2024 | $1,293 |
| July 2024 | $1,363 |
| August 2024 | $1,345 |
| September 2024 | $1,313 |
| October 2024 | $1,177 |
| 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 | $1,210 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,101 |
| March 2024 | $1,098 |
| April 2024 | $1,083 |
| May 2024 | $1,195 |
| June 2024 | $1,145 |
| July 2024 | $1,093 |
| August 2024 | $1,148 |
| September 2024 | $1,136 |
| 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 | $1,246 |
Affordability calculator
Can I afford to live at 514 E Mifflin St?
Bedrooms
StudioRent-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
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this studio monthly rent price of $1,300.
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.| 1 year ago | $1,500 |
Schools near 514 E Mifflin St #7
Lapham Elementary School
1045 e dayton st
madison, WI, 53703
PK, K-2Public
B+
4K PK Off Site
545 w dayton st
madison, WI, 53703
PKPublic
Marquette Elementary School
1501 jenifer st
madison, WI, 53703
3-5Public
A-
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Internet available near 514 E Mifflin St #7
Getting around Madison near 514 E Mifflin St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 514 E Mifflin St, Madison
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
7/10
Variety of bars within walking distance
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