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424 N. Paterson Street offers hardwood floors, off-street parking, on-site laundry, and a warm, spacious feel in a prime location. With strong overall ratings, excellent amenities, and easy access to dining, culture, and transportation, it presents a convenient and well-rounded living option with solid value.
Things you’ll love
More spaceHigh school nearbyElementary school nearbyGreat for
Social life| 2BR/1.0BA | 2 bed | 1 bath | 2,190 sqft | $1,750 /mo | 1 unit available | Discover this well-located 2-bedroom, 1-bath apartment in Madison, WI. Hardwood floors and ceiling fans create a comfortable living space, and the unit includes a washer and dryer for added convenience. Enjoy a private entrance and a three-season porch, plus a bathtub in the bathroom. The property offers lawncare and snow/ice removal. Located near the beach, close to the Capitol, near bus stops, and steps from Breese Stevens Field, this apartment provides easy access to local destinations. https my matterport com show ?m=eLNXQnHmx85 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. | |
| 4BR/2.0BA | 4 bed | 2 bath | 2,190 sqft | $3,240 /mo | 1 unit available | Welcome 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. |
Let's explore this property.
Apartment Amenities
| Bathtub | Ceiling Fan |
| Faux Fireplace | Fireplace |
| Hardwood Floor | Island/Breakfast Bar |
| Private Entrance | Separate Dining Area |
Appliances
| Dishwasher | Electric Stove |
| Gas Range | In-Unit Laundry |
| Range | Refrigerator |
| Washer and Dryer |
Building
| Basement | Bike Storage |
| Free Laundry | Onsite Laundry |
| Three Season Porches |
Grounds
| Garage Parking | Off-Street Parking |
| Storage |
Services
| Lawn Care | Snow & Ice Removal |
| Water Softener |
Neighborhood
| Convenient Location | Grocery Store Nearby |
| Near Beach | Near Breese Stevens Field |
| Near Bus Stops |
One-time.
One-time. Refundable.
Garage Parking
No pets allowed.
Questions about this property’s policies and fees?
| Units | 2 |
|---|
Welcome 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.
How (558) - 424 N. Paterson Street compares to other nearby properties.
Positives
Considerations
If you decide to upgrade your space, you can expect 2-bedrooms at (558) - 424 N. Paterson Street to be 26% less than the average for similarly sized apartments in Tenney-Lapham.
4-bedroom apartments at (558) - 424 N. Paterson Street cost about 6% more than the average rent price for 4-bedroom apartments in Tenney-Lapham.
| Month | Median Rent |
|---|---|
| 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 | $1,257 |
| March 2026 | $1,267 |
| April 2026 | $1,276 |
| May 2026 | $1,213 |
| June 2026 | $1,258 |
| July 2026 | $1,297 |
| August 2026 | $1,308 |
| September 2026 | $1,175 |
| October 2026 | $1,193 |
| Month | Median Rent |
|---|---|
| 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 | $1,309 |
| January 2026 | $1,299 |
| February 2026 | $1,390 |
| March 2026 | $1,520 |
| April 2026 | $1,491 |
| May 2026 | $1,472 |
| June 2026 | $1,519 |
| July 2026 | $1,553 |
| August 2026 | $1,577 |
| September 2026 | $1,605 |
| October 2026 | $1,616 |
Can I afford to live at 424 N Paterson St?
Bedrooms
Rent-to-income ratio
30%
$70,000/yr
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Tenney-Lapham | Madison, WI
Tenney-Lapham • 720 E Washington Ave
1–3 Beds
$2,000–$6,499
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Tenney-Lapham • 719 E Johnson St
2–3 Beds
$2,399–$2,995
4702 Madison Yards Way
1–2 Beds
$1,828–$4,772
Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Marquette • 10 S Paterson St
1–3 Beds
$1,600–$5,264
Downtown Madison • 437 W Gorham St
1 Bed
$1,999–$2,050
6822 Schroeder Rd
1–2 Beds
$1,190–$1,595
Tenney-Lapham • 720 E Washington Ave
1–3 Beds
$2,000–$6,499
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Tenney-Lapham • 719 E Johnson St
2–3 Beds
$2,399–$2,995
4702 Madison Yards Way
1–2 Beds
$1,828–$4,772
Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Marquette • 10 S Paterson St
1–3 Beds
$1,600–$5,264
Downtown Madison • 437 W Gorham St
1 Bed
$1,999–$2,050
6822 Schroeder Rd
1–2 Beds
$1,190–$1,595
