Zumper
modified
9 Hours Ago

Highlights

  • Pet Friendly
  • Off-street parking
  • Heat included
  • Pet friendly community

Location

5021 Old Middleton Rd, Madison, WI 53705, USA
Hi! Let’s figure out if this property is right for you.

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Contact

Leasing office

(608) 818-8629

Property Overview

Terrace View Apartments has an overall Zumper rating of 7.5, highlighting its appeal as an attractive rental option. The property excels in amenities with a perfect score of 10 and achieves a strong location rating of 9, offering excellent access to essential services and points of interest. Additionally, its trustworthiness rating of 7 reflects the transparent and detailed information provided, complemented by 16 photos that showcase the property’s features, including off-street parking, heat inclusion, and a pet-friendly community.

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

Zumper Expert Rating

7.5
Very Good
Terrace View Apartments is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Middle school nearby
  • Images Available
  • Laundry available on site

Great for

  • Pet owners

Floor plans

102 bed1 bath$1,050–$1,300 /mo

Let's explore this property.

Amenities for Terrace View Apartments

Apartment Amenities

BathtubCarpet
Ceiling FanDining Room
FreezerHeat Included
Living RoomSewer Included
Water Included

Appliances

Range/OvenRefrigerator

Tech

Cable ReadyHigh-Speed Internet

Building

Cats OKControlled Access
Dogs OKIntercom System
Onsite Laundry

Grounds

Assigned ParkingOff-Street Parking
Pet-Friendly Community

Services

Income RestrictedOn-Site Maintenance
Trash Removal IncludedVirtual Walkthrough

Neighborhood

Near Grocery StoreOn Bus Line
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

Parking Policy

Assigned Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Year built1966
Units16
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About Terrace View Apartments

HomeApartments in Madison Terrace View Apartments

Terrace View Apartments is a Madison Apartment located at 5021 Old Middleton Road. The property features a 2 BR rental unit available starting at $1050. Amenities include Dogs Ok, Cats Ok, and Pet Friendly Community. Heat Included, Water Included, and Trash Removal Included included. Off-Street Parking parking available. Contact us for a showing.


Year Built: 1966

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.5
/10
Very Good
Terrace View Apartments is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated Terrace View Apartments
Price·6A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Terrace View Apartments is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Terrace View Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Terrace View Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Terrace View Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Terrace View Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Terrace View Apartments is great for:

Pet owners

  • 2 pet hospitals in the area
  • 1 pet supply store near the property

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 Terrace View Apartments compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
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

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Madison

2-bedroom apartments at Terrace View Apartments cost about 38% less than the average rent price for 2-bedroom apartments in Madison.

Median rents as of Jan 17 2026.
Madison
A table of studio rental data trends in Madison
MonthMedian 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$1,215

Affordability calculator

Can I afford to live at 5021 Old Middleton Rd?

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

$42,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 2-bedrooms monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.

Schools near Terrace View Apartments

Van Hise Elementary School

4747 waukesha st

madison, WI, 53705

K-5Public
A

4K PK Off Site

545 w dayton st

madison, WI, 53703

PKPublic
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Internet available near Terrace View Apartments

Getting around Madison near 5021 Old Middleton Rd

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
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

4/10
There are a few mass transit options within the area.

Points of interest for 5021 Old Middleton Rd, Madison

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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