Zumper

515 N Lake St
515 N Lake St, Madison, WI 53703, USA

Apartment for rent
Monthly rent
$1,295–$1,420
Beds3–4
Baths2
Sqft960–1,100
modified
5+ Days 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

  • Less expensive
  • Images available
  • Outdoor space

Great for

  • Social life
  • Wellness

Units

515 N Lake St Madison, WI

New Listing

2A1A

3 Beds

2 Baths

$1,345

Listed on 10/17/2025
Listed by Property Manager
Days on market: 8
Amazing 3-bedroom, 2-bathroom apartment in Madison. Price Displayed is for ONE room in a 3-Bedroom, 2-Bath Apartment. Collegiate Campus Apartments also offers 1/2 a room and ENTIRE unit pricing as well. Amenities included: Balcony Hardwood Floors In-Unit Washer & Dryer Steps from UW-Madison & State St Near Madison College Fully Furnished Apartments 24-Hour Fitness Center Amenity Suite Limited-Time Group Special: Rent an ENTIRE 3-Bedroom apartment and save $100/Bedroom. Date Available: Aug 14th, 2026. $1,345/month rent. $500 security deposit required per person. Please submit the form on this page or contact us at 608-229-6920 to learn more. Learn more at collegiatemadison. com This property is managed by a responsible landlord using Avail landlord software.

New Listing

7A1A

3 Beds

2 Baths

$1,420

Listed on 10/17/2025
Listed by Property Manager
Days on market: 8
Now Leasing for 2026-2027! Amazing 3-bedroom, 2-bathroom apartment in Madison. Price Displayed is for ONE room in a 3-Bedroom, 2-Bath Apartment. Collegiate Campus Apartments also offers 1/2 a room and ENTIRE unit pricing as well. Amenities included: Balcony Hardwood Floors In-Unit Washer & Dryer Steps from UW-Madison & State St Near Madison College Fully Furnished Apartments 24-Hour Fitness Center Amenity Suite Limited-Time Group Special: Rent an ENTIRE 3-Bedroom apartment and save $100/Bedroom. Price with Special: $1,320/Bedroom Date Available: Aug 14th, 2026. $1,420/month rent. $500 security deposit required per person. Please submit the form on this page or contact us at 608-229-6920 to learn more. Explore us at collegiatemadison. com

New Listing

6C1A

4 Beds

2 Baths

$1,295

Listed on 10/17/2025
Listed by Property Manager
Days on market: 8
Now Leasing for 2026-2027! Amazing 4-bedroom, 2-bathroom apartment in Madison. Price Displayed is for ONE room in a 4-Bedroom, 2-Bath Apartment. Collegiate Campus Apartments also offers 1/2 a room and ENTIRE unit pricing as well. Amenities included: Balcony Hardwood Floors In-Unit Washer & Dryer Steps from UW-Madison & State St Near Madison College Fully Furnished Apartments 24-Hour Fitness Center Amenity Suite Limited-Time Group Special: Rent an ENTIRE 4-Bedroom apartment and save $100/Bedroom. Date Available: Aug 14th, 2026. $1,295/month rent. $500 security deposit required per person. Please submit the form on this page or contact us at 608-229-6920 to learn more. This property is managed by a responsible landlord using Avail landlord software.

New Listing

7C1B

4 Beds

2 Baths

$1,370

Listed on 10/17/2025
Listed by Property Manager
Days on market: 8
Now Leasing for 2026-2027! Amazing 4-bedroom, 2-bathroom City View apartment in Madison. Price Displayed is for ONE room in a 4-Bedroom, 2-Bath Apartment. Collegiate Campus Apartments also offers 1/2 a room and ENTIRE unit pricing as well. Amenities included: Balcony Hardwood Floors In-Unit Washer & Dryer Steps from UW-Madison & State St Near Madison College Fully Furnished Apartments 24-Hour Fitness Center Amenity Suite Limited-Time Group Special: Rent an ENTIRE 4-Bedroom apartment and save $100/Bedroom. Date Available: Aug 14th, 2026. $1,370/month rent. $500 security deposit required per person. Please submit the form on this page or contact us at 608-229-6920 to learn more. Explore our website at: collegiatemadison. com This property is managed by a responsible landlord using Avail landlord software.

Amenities for 515 N Lake St

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

Building
  • Fitness Center
Unit Amenities
  • Balcony
  • Dishwasher
  • In-Unit Laundry
  • Furnished
  • Hardwood Floor

Policies at 515 N Lake St

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?

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About 515 N Lake St

HomeApartments in Madison 515 N Lake St #6C1A, Madison, WI 53703, USA

Interested in leasing 515 N Lake St, Madison, WI 53703, USA? Currently, 515 N Lake St, Madison, WI 53703, USA is available to rent or lease. It is a 4-bedroom apartment with 2 bathrooms. Below, you can compare the rent price at 515 N Lake St, Madison, WI 53703, USA vs overall rent prices in Madison, WI. We have compiled nearby businesses and things to do close to 515 N Lake St, Madison, WI 53703, USA.

Address details

Units4
Units available4
City
Zip code53703

515 N Lake St #6C1A is great for:

Social life

  • Areas nearby are accessible by walking
  • 323 restaurants within 1 mile of this property
  • The area has transit options
  • This community has public spaces on site, like fitness centers or pools

Wellness

  • On-site fitness center or gym
  • 44 parks nearby
  • 44 health/wellness centers nearby
  • 43 gyms or yoga centers 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 515 N Lake St, Madison, WI 53703, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Less expensive
Some rentals at this address are cheaper than similar listings nearby
Images available
There are at least 10 photos of this address
Outdoor space
One or more rentals here have easy access to the outdoors

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Greater distance from high schools
The nearest high school is farther than 1 mile away
Pet restrictions
Pets aren't allowed at this location.

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Rent trends in Madison

3-bedroom apartments at 515 N Lake St #6C1A cost about 50% less than the average rent price for 3-bedroom apartments in Madison.

4-bedroom apartments at 515 N Lake St #6C1A cost about 70% less than the average rent price for 4-bedroom apartments in Madison.

Median rents as of Oct 18 2025.
Madison
A table of studio rental data trends in Madison
MonthMedian Rent
November 2023$1,236
December 2023$1,150
January 2024$1,150
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$1,166

Affordability calculator

Can I afford to live at 515 N Lake St?

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

$55,300/yr

With your selected rent-to-income ratio, you'd ideally want to make $55,300 annually to afford this 3-bedrooms median monthly rent price of $1,382.
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 515 N Lake St, Madison, WI.
9 years ago$2,7804 bed2 bath
9 years ago$3,4004 bed2 bath

Schools near 515 N Lake St #6C1A

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+
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Madison near 515 N Lake St

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

3/10
Roads are accessible, but parking may be a challenge.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

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

Points of interest for 515 N Lake St, Madison

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

6/10
At least one high school within a 20-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 515 N Lake St

Royal Mart
340 State St
Triangle Market
302 State St
Capitol Centre Market
111 N Broom St
Bassett Food Mart
41 S Bassett St
Carson's Market
1515 Tripp Cir

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