1 Day Ago
Location
506 Farley Ave # 508, Madison, WI 53705, USA|Regent
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Property Overview
506-508 Farley Ave receives a strong overall Zumper expert rating of 8.8, highlighting its competitive pricing, impressive amenities, and excellent location with a rating of 9 out of 10. Notable features include on-site laundry and a wealth of amenities rated 10 out of 10, contributing to an elevated standard of living. With nearby grocery stores and top-rated schools within a short distance, the property offers good value for money, placing it in the 70th percentile compared to other local options.
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.
Things you’ll love
High school nearby- Less expensive
- Images Available
Great for
Social life
Floor plans
| 4 | 2 bed | 1 bath | 808 sqft | $1,695 /mo | |||
| 8 | 2 bed | 1 bath | 828 sqft | $1,695 /mo | |||
| B | 2 bed | 1 bath | 788 sqft | $1,725 /mo |
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Amenities for 506-508 Farley Ave
Apartment Amenities
| Air Conditioning | Carpet |
| Central Air | Hardwood Floor |
| No Pets Allowed | Water Included |
Appliances
| Dishwasher | Microwave |
Building
| Onsite Laundry | Smoke-free |
Grounds
| Assigned Parking | Storage |
Neighborhood
| On 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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 1975 |
|---|
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About 506-508 Farley Ave
506-508 Farley Ave is a Madison Apartment located at 506-508 Farley Ave. The property features 2 BR rental units available starting at $1695. Amenities include No Pets Allowed and On-Site Laundry. Water Included included. Surface Parking parking available. Contact us for a showing.
Year Built: 1975
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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, 506-508 Farley Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 506-508 Farley Ave has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
506-508 Farley Ave offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
506-508 Farley Ave 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, 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.
506-508 Farley Ave 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 506-508 Farley Ave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
506-508 Farley Ave 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 506-508 Farley Ave compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
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
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Rent trends in Regent
If you decide to upgrade your space, you can expect 2-bedrooms at 506-508 Farley Ave to be 10% less than the average for similarly sized apartments in Regent.
Median rents as of Feb 21 2026.
Regent
Madison
| Month | Median Rent |
|---|---|
| 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 | $1,217 |
| February 2026 | $1,254 |
| Month | Median Rent |
|---|---|
| January 2025 | $898 |
| February 2025 | $860 |
| March 2025 | $823 |
| April 2025 | $854 |
| May 2025 | $854 |
Affordability calculator
Can I afford to live at 506 Farley Ave # 508?
Bedrooms
2 bedroomsRent-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
$67,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $67,800 annually to afford this 2-bedrooms median monthly rent price of $1,695.
For more information on rent affordability, visit our rent calculator.
Schools near 506-508 Farley Ave
Randall Elementary School
1802 regent st
madison, WI, 53726
3-5Public
A-
4K PK Off Site
545 w dayton st
madison, WI, 53703
PKPublic
Franklin Elementary School
305 w lakeside st
madison, WI, 53715
PK, K-2Public
B+
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 506-508 Farley Ave
Neighborhood
Regent | Madison, WI
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Madison near 506 Farley Ave # 508
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
4/10
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
6/10
Frequent public transit options are within walking distance.
Points of interest for 506 Farley Ave # 508, Madison
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
6/10
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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