Updated 5+ Days Ago
Location
514 E Mifflin St, Madison, WI 53703, USA|Downtown Madison
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Property Overview
Off-street parking adds convenience, while nearby top-rated elementary and high schools are within about 0.58 miles. The location also ranks in the 100th percentile for value per square foot and offers strong access to fitness, wellness, and social options, with parks, gyms, grocery stores, restaurants, and entertainment venues close by.
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
Wellness
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.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 514 E Mifflin St #7
Property Status: Active Available early August. 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. Longer term lease preferred, will consider shorter term applicants. Office Phone: (608) 467-9596 Copyright © 2026 REALTORS® Association of South Central Wisconsin. 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 211 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 42% more than the average rent price for studio apartments in Madison.
Median rents as of Sep 5 2026.
Downtown Madison
Madison
| Month | Median Rent |
|---|---|
| September 2024 | $1,277 |
| 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 | $1,217 |
| 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 | $1,158 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,099 |
| 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 | $1,125 |
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
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this studio monthly rent price of $1,600.
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.| 2 years 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-
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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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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