Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Updated bathroom
  • One off-street parking spot
  • No smoking
  • Eat in kitchen
  • One off street parking spot
  • 2 pet maximum

Location

5718 Balsam Rd #3, Madison, WI 53711, USA|Meadowood

Tour 5718 Balsam Rd #3

Contact

Dobson Property Mangement

(608) 729-8756

Property Overview

The updated bathroom and off-street parking enhance the appeal of this property, along with a pet-friendly policy accommodating two pets and proximity to pet supply stores. A short distance to top-rated elementary and middle schools adds to the convenience, while 17 photos provide a comprehensive view of the space, showcasing its value within the area. Overall, it presents a well-rounded living solution for prospective tenants.

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

  • Middle school nearby
  • Elementary school nearby
  • Less expensive

Great for

  • Pet owners

Amenities for 5718 Balsam Rd #3, Meadowood

Building

Cats OKDogs OK
Onsite Laundry

Grounds

Assigned Parking

Services

On-Site Management
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

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12+ months
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About 5718 Balsam Rd #3

HomeApartments in MadisonMeadowood 5718 Balsam Rd #3, Madison, WI 53711, USA

Spacious 2 bed 1 bath second floor unit available December 1st or sooner! Eat in kitchen with lots of cabinet space. Great natural light throughout. Updated bathroom. Water and sewer included. Gas and electric separate. One off-street parking spot included. Coin-op laundry in basement. 2 pets allowed. 1 dog max (20 lb weight limit). Manager is a licensed real estate agent. Rental Requirements: 625 Credit Score or higher Gross income must be 3x the amount of rent Good rental history Must pass routine background check Available December 1st, 2025 or sooner. Unit is being re-rented for tenant. Initial lease term will end June 30th, 2026. Any renewal after initial lease will be for standard 12 month terms. One off street parking spot included. Coin-op laundry in basement. Tenant pays gas & electric. 2 pet maximum. 1 dog maximum (20lbs weight limit). $35/mo per cat. $50/mo for one dog. No smoking. Renter's insurance required. Rent must be paid using online tenant portal. Square footage is approximate.


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 5718 Balsam Rd, Madison, WI 53711, USA compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.2 mile away
Elementary school nearby
There is an elementary school 0.2 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available

Address details

NeighborhoodMeadowood
Zip code53711
TypeApartment for rent

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Rent trends in Meadowood

2-bedroom apartments at 5718 Balsam Rd #3 cost about 10% less than the average rent price for 2-bedroom apartments in Madison.

Median rents as of Oct 18 2025.
Meadowood
Madison
A table of 2-bedroom apartment rental data trends in Madison
MonthMedian Rent
November 2023$1,699
December 2023$1,735
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$1,894
A table of 2-bedroom apartment rental data trends in Meadowood
MonthMedian Rent
May 2025$1,395

Affordability calculator

Can I afford to live at 5718 Balsam Rd #3?

Bedrooms

2 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

$49,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $49,960 annually to afford this 2-bedrooms monthly rent price of $1,249.
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 5718 Balsam Rd, Madison, WI.
4 months ago$1,1952 bed1 bath
5 months ago$1,2502 bed1 bath

Schools near 5718 Balsam Rd #3

Orchard Ridge Elementary School

5602 russett rd

madison, WI, 53711

PK, K-5Public
B-

4K PK Off Site

545 w dayton st

madison, WI, 53703

PKPublic
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Internet available near 5718 Balsam Rd #3

Neighborhood

Meadowood | Madison, WI

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

Getting around Madison near 5718 Balsam Rd #3

Walking

4/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
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 5718 Balsam Rd #3, Madison

Groceries

3/10
At least one supermarket within a 30-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

2/10
Few or no bars within walking distance

Other units at this address

5718 Balsam Rd Madison, WI

Occupied

1

2 Beds

1 Bath

$1,195

Listed by Dobson Property Mangement
Days on market: 135
Spacious 2 bed 1 bath recently remodeled first floor unit available August 1st! Updated bathroom. Eat in kitchen with lots of cabinet space. Dishwasher. Great natural light. Water and sewer included. Gas and electric separate. One off-street parking spot included. Coin-op laundry in basement. 2 pets allowed. 1 dog max (20 lb weight limit). Manager is a licensed real estate agent. Rental Requirements: 625 Credit Score or higher Gross income must be 3x the amount of rent Good rental history Must pass routine background check Available August 1st, 2025. One off street parking spot included. Coin-op laundry in basement. Tenant pays gas & electric. 2 pet maximum. 1 dog maximum (20lbs weight limit). $35/mo per cat. $50/mo for one dog. No smoking. Renter's insurance required. Rent must be paid using online tenant portal. Square footage is approximate.

Occupied

4

2 Beds

1 Bath

$1,250

Listed by Dobson Property Mangement
Days on market: 178
Spacious 2 bed 1 bath new remodeled upper floor unit available July 1st or sooner! Initial lease will end June 30th, 2026. Newer luxury vinyl flooring throughout and updated bathroom. Eat in kitchen with lots of cabinet space. Great natural light. Water and sewer included. Gas and electric separate. One off-street parking spot included. Coin-op laundry in basement. 2 pets allowed. 1 dog max (20 lb weight limit). Manager is a licensed real estate agent. Rental Requirements: 625 Credit Score or higher Gross income must be 3x the amount of rent Good rental history Must pass routine background check Available July 1st or sooner. Initial lease will end June 30th, 2026. One off street parking spot included. Coin-op laundry in basement. Tenant pays gas & electric. 2 pet maximum. 1 dog maximum (20lbs weight limit). $35/mo per cat. $50/mo for one dog. No smoking. Renter's insurance required. Rent must be paid using online tenant portal. Square footage is approximate.

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