Zumper
modified
2 Hours Ago

Highlights

  • Dishwasher
  • Air conditioning
  • Off-street parking
  • Modern amenities
  • On-site laundry facilities
  • Spacious living room

Location

126 S Franklin St, Madison, WI 53703, USA|Downtown Madison
Hi! Let’s figure out if this property is right for you.

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Tour Studio Available Now! ~Blocks from the Capitol Square~

Contact

Management

Capitol Park Apartments

Leasing office

(608) 467-2001

Property Overview

Studio Available Now! ~Blocks from the Capitol Square~ offers strong overall value (expert rating 8.4/10) with an excellent price score and a standout 10/10 amenities rating, including modern features like a dishwasher, air conditioning, off-street parking, on-site laundry, and a spacious living room. Its highly rated location (9/10) puts residents close to parks, shops, dining, entertainment, and schools, while extensive nearby wellness, social, and pet resources further enhance everyday convenience and 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

8.4
Very Good
With a solid 8.4 out of 10 overall, Studio Available Now! ~Blocks from the Capitol Square~ is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Studio Available Now! ~Blocks from the Capitol Square~ 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

  • Less expensive
  • Middle school nearby
  • Images Available

Great for

  • Social life
  • Wellness
  • Pet owners

Floor plans

0x1-350Studio1 bath350 sqft$999–$1,115 /mo4 units availableWelcome to your new home in Madison, WI! This Great Location Studio, available from October 1st, offers a unique blend of comfort and convenience. Despite its compact size, the apartment boasts a full bathroom and a well-designed layout that maximizes space. Pet lovers will be thrilled to know that both dogs and cats are welcome here. The building also offers on-site laundry facilities, making your weekly chores a breeze. For those who drive, surface parking is available, and for those who prefer public transportation, the apartment is conveniently located on a bus line. The downtown location puts you right in the heart of Madison, with easy access to shopping, dining, and entertainment. Plus, with 24/7 maintenance, you can rest easy knowing that help is just a phone call away. Don't miss out on this fantastic opportunity to live in a vibrant, dynamic neighborhood! *These photos may not accurately represent the unit listed, in order to verify please schedule a showing.*
1BR/1.0BA1 bed1 bath700 sqft$1,205 /mo1 unit availableWelcome to our 1 Bedroom Downtown Madison apartment. Located in the heart of Madison, WI, this spacious lower level unit offers a comfortable living space with modern amenities. Enjoy the convenience of air conditioning and dishwasher in your new home. Off-street parking is available for your convenience. This pet-friendly apartment welcomes cats and dogs with breed restrictions. Don't miss out on the opportunity to live in this prime downtown location. Contact us today to schedule a tour! Check out an Example Virtual Tour of Apartments in this building: https my matterport com show ?m=2UAYEZx2sZg
1x1-4501 bed1 bath450 sqft$1,225 /mo1 unit availableWelcome to our 1 Bedroom Downtown Madison apartment, available for move-in on August 1st. Located in the heart of Madison, WI, this spacious lower level unit offers a comfortable living space with modern amenities. Enjoy the convenience of air conditioning, a dishwasher, and a microwave in your new home. Off-street parking is available for your convenience. This pet-friendly apartment welcomes cats and dogs with breed restrictions. Don't miss out on the opportunity to live in this prime downtown location. Contact us today to schedule a tour! https my matterport com show ?m=2UAYEZx2sZg

Let's explore this property.

Amenities for Studio Available Now! ~Blocks from the Capitol Square~

Apartment Amenities

Utilities Included

Building

Cats OKOnsite Laundry

Grounds

Off Street Parking AvailableSurface Parking Available

Services

24/7 Maintenance

Neighborhood

DowntownNear Busline
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

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Units26
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About Studio Available Now! ~Blocks from the Capitol Square~

HomeApartments in MadisonDowntown Madison Studio Available Now! ~Blocks from the Capitol Square~

Don't miss out on this opportunity to rent a affordable studio apartment in Downtown Madison! Priced well at $999 with all utilities included, we expect this apartment to rent quickly. Spacious living room, galley kitchen, well lit with wall a/c unit. This apartment is pet friendly and has off-street parking available for an additional cost!


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.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, Studio Available Now! ~Blocks from the Capitol Square~ is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Studio Available Now! ~Blocks from the Capitol Square~ has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Studio Available Now! ~Blocks from the Capitol Square~
Price·8A 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.
Scoring a 8/10, Studio Available Now! ~Blocks from the Capitol Square~ is a great option for renters looking for apartments in Downtown Madison. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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.
Studio Available Now! ~Blocks from the Capitol Square~ 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—cats 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.
Studio Available Now! ~Blocks from the Capitol Square~ 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Studio Available Now! ~Blocks from the Capitol Square~ to provide reasonable accomodations and accurate details about its community.
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.

Studio Available Now! ~Blocks from the Capitol Square~ is great for:

Social life

  • 287 restaurants within 1 mile of this property
  • 287 mixed-use spaces nearby
  • Area has 39 parks and recreation options
  • 30 theaters, music venues, or sports arenas nearby

Wellness

  • 13 farmers markets or health food stores nearby
  • HVAC systems available onsite
  • There are 25 grocery stores within 1 mile
  • 39 parks nearby

Pet owners

  • 1 dog park within 1 mile
  • 4 pet hospitals in the area
  • 2 pet grooming services nearby
  • 3 pet supply stores 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 Studio Available Now! ~Blocks from the Capitol Square~ compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
Studio units are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 0.4 mile away
Images Available
There are at least 10 photos of this address

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Rent trends in Downtown Madison

Studio apartments at Studio Available Now! ~Blocks from the Capitol Square~ cost about 9% less than the average rent price for studios in Downtown Madison.

1-bedroom apartments here are priced 25% lower than 1-bedrooms in Downtown Madison.

Median rents as of May 16 2026.
Downtown Madison
Madison
A table of studio rental data trends in Madison
MonthMedian Rent
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$1,257
March 2026$1,267
April 2026$1,276
May 2026$1,209
A table of studio rental data trends in Downtown Madison
MonthMedian Rent
June 2024$1,145
July 2024$1,093
August 2024$1,148
September 2024$1,136
October 2024$1,100
November 2024$1,122
December 2024$1,217
January 2025$1,223
February 2025$1,218
March 2025$1,196
April 2025$1,235
May 2025$1,280
June 2025$1,265
July 2025$1,288
August 2025$1,166
September 2025$1,125
October 2025$1,127
November 2025$1,181
December 2025$1,250
January 2026$1,242
February 2026$1,251
March 2026$1,250
April 2026$1,260
May 2026$1,108

Affordability calculator

Can I afford to live at 126 S Franklin St?

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

$39,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,960 annually to afford this studio monthly rent price of $999.
For more information on rent affordability, visit our rent calculator.

Schools near Studio Available Now! ~Blocks from the Capitol Square~

Lapham Elementary School

1045 e dayton st

madison, WI, 53703

PK, K-2Public
B+

4K PK Off Site

545 w dayton st

madison, WI, 53703

PKPublic

Marquette Elementary School

1501 jenifer st

madison, WI, 53703

3-5Public
A-

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 Studio Available Now! ~Blocks from the Capitol Square~

Getting around Madison near 126 S Franklin St

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

5/10
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 126 S Franklin St, Madison

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 126 S Franklin St

Festival Foods
810 E Washington Ave
Alimentari
306 S Brearly St
Twentieth Century Markets, Incorpor
150 E Gilman St
Triangle Market
302 State St
Capitol Centre Market
111 N Broom St

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