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Highlights

  • Hardwood floors
  • Prime location
  • Off-street parking
  • On-site laundry facilities
  • Warm and inviting atmosphere
  • Convenient and spacious apartment

Location

424 N Paterson St, Madison, WI 53703, USA|Tenney-Lapham
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Property Overview

424 N. Paterson Street is an appealing property, receiving a commendable 8.5 out of 10 for its overall quality and a perfect score of 10 on amenities. Notable features include hardwood floors, off-street parking, and on-site laundry facilities, all contributing to a warm and inviting living experience. Its prime location offers easy access to a variety of entertainment options, with 217 restaurants, numerous theaters, and parks nearby, making it an attractive choice for individuals seeking a vibrant lifestyle.

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

8.5
Very Good
With a solid 8.5 out of 10 overall, (558) - 424 N. Paterson Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, (558) - 424 N. Paterson Street has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • High school nearby
  • Elementary school nearby

Great for

  • Social life

Floor plans

4BR/2.0BA4 bed2 bath2,190 sqftWelcome to the Nice 4-Bedroom Near Lake, a charming apartment located in the heart of Madison, WI. This spacious residence boasts four bedrooms and two full bathrooms, perfect for those seeking ample living space. The apartment features a host of amenities including a dishwasher, water softener, washer and dryer, and a gas stove for your culinary adventures. The hardwood floors add a touch of elegance, while the faux fireplace creates a cozy atmosphere. The apartment also offers a private entrance, additional storage, and a basement for extra space. The island/breakfast bar and separate dining area make meal times a delight. The property also includes a garage and off-street parking for your convenience. Located near a bus stop, grocery store, and Breese Stevens Field, this apartment offers easy access to local amenities. Enjoy the outdoors with the nearby beach and a 3-season porch. The apartment also offers bike storage and free laundry facilities. With its close proximity to the Capitol, this apartment is not just a place to live, but a lifestyle to experience. Contact us today to schedule a tour! Take a virtual tour at: https my matterport com show ?m=rbZG9JdrUBc&help=1 APPLICATION PROCESS 1. Go to waypointpmservices. com and click on “Wisconsin” pull down tab in the upper right-hand corner. Click on “Available Rentals” in middle. Scroll down to find a unit of interest. Click on “Apply now” under unit description. Each roommate needs to fill out and submit their own application. If the combined income is not at least 3x the monthly rent amount, all applicants will need to have a co-signor apply. (If you are interested in more than one unit, ONE application will do.) 2. Once we have all applications, we will contact one or all of you to schedule a tour of the unit(s). 3. Waypoint PM Services will make sure all applicants and/or co-signors have submitted residential and income information. We will reach out for those references. (To make the process quicker, you can submit 2-3 of your most recent pay stubs for income proof when you apply.) 4. After the tour, Waypoint PM Services will send each applicant and/or co-signor a link to complete our background check. There is a $27 fee to complete this. We will be checking housing history, income, credit history, and eviction history. 5. Once background checks are submitted, if approved, Waypoint will touch base with applicants for a move-in date and prepare a lease to send to all applicants and/or co-signor emails for signatures. 6. All applicants and/or co-signors will have 48 hours to sign lease documents and pay security deposit on their online portal, or Waypoint will move to next in line.

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Rent trends in Tenney-Lapham

Median rents as of Dec 6 2025.
Tenney-Lapham
Madison
A table of studio rental data trends in Madison
MonthMedian Rent
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$1,165
November 2025$1,195
December 2025$1,240
A table of studio rental data trends in Tenney-Lapham
MonthMedian Rent
December 2023$1,567
January 2024$1,562
February 2024$1,582
March 2024$1,590
April 2024$1,590
May 2024$1,589
June 2024$1,532
July 2024$1,523
August 2024$1,576
September 2024$1,525
October 2024$1,572
November 2024$1,515
December 2024$1,541
January 2025$1,560
February 2025$1,600
March 2025$1,604
April 2025$1,603
May 2025$1,591
June 2025$1,492
July 2025$1,522
August 2025$1,491
September 2025$1,491
October 2025$1,568
November 2025$1,398
December 2025$1,412

Schools near (558) - 424 N. Paterson Street

Lapham Elementary School

1045 e dayton st

madison, WI, 53703

PK, K-2Public
B+

Marquette Elementary School

1501 jenifer st

madison, WI, 53703

3-5Public
A-

4K PK Off Site

545 w dayton st

madison, WI, 53703

PKPublic
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Internet available near (558) - 424 N. Paterson Street

Neighborhood

Tenney-Lapham | Madison, WI

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

Getting around Madison near 424 N Paterson St

Walking

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

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 424 N Paterson St, Madison

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

5/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

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

7/10
Moderate amount of park space nearby

Nightlife

6/10
Some bars within walking distance

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