Zumper
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Updated 1 Day Ago

Highlights

  • Pet Friendly
  • Spacious walk-in closets
  • 9-foot ceilings
  • Modern living
  • Stainless steel appliances
  • Private entrance
  • Granite countertops

Location

120 Peterson Trl, Oregon, WI 53575, USA
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Tour The Flats - 120 (Building 5)

Contact

Management

Lakestone Properties

Leasing office

(608) 909-8728 ext. 2

Property Overview

The Flats - 120 (Building 5) offers strong overall value with a high expert rating, excellent amenities, and a very good location, along with standout pricing relative to area value per square foot. It also features 46 photos, a pet deposit requirement, and appealing interior details such as spacious walk-in closets, 9-foot ceilings, stainless steel appliances, granite countertops, and a private entrance.

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, The Flats - 120 (Building 5) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Flats - 120 (Building 5) 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
  • Images Available
  • Package service

Great for

  • Pet owners

Floor plans

D4 (B&K)2 bed2 bath1,250 sqft$2,010 /mo1 unit availableDiscover modern living in these two-bedroom, two-bath apartments, now available for rent in Oregon. Each spacious unit is designed with your comfort in mind, offering top-tier features and stylish finishes. Features included stainless steel appliances, granite countertops, and your own private washer and dryer for added convenience. With large open floor plans and spacious walk-in closets, the apartments provide plenty of room to relax and make yourself at home. The 9-foot ceilings create an airy feel, and second-floor units boast vaulted ceilings for an extra touch of luxury. Enjoy the convenience of your own private entrance, along with a one-car attached garage for added accessibility and security. With expansive layouts, these units are perfect for those looking for a contemporary living space with ample storage, modern finishes, and all the comforts you deserve. Contact us today to schedule a tour and make one of these stunning apartments your new home! Located in Oregon, WI, Peterson Trail offers a quiet residential setting with a small-town feel and easy access to local shops, dining, and everyday conveniences. The area is close to parks, walking trails, and schools, with quick connections to nearby highways for an easy commute to Madison—making it a great location for comfortable, connected living. Additional Monthly Fees: Water & Sanitation *Two Bedroom: $50/month Pet-Friendly Community: We welcome your furry friends! Up to two pets are allowed per apartment home. *One-time non-refundable pet fee: $250 *One-time DNA Registration Fee: $60 per dog *Cats: $30/month *Dogs under 30 lbs: $30/month *Dogs over 30 lbs: $45/month Breed, weight, and other restrictions apply. Security Deposit: *One Bedroom security deposit: $1,000, paid at the time of lease signing *Two Bedroom Security Deposit: $1,000, paid at the time of lease signing Ready to Make The Flats Your Home? Visit lakestoneproperties. com to submit your application. Once your application has been approved, a member of our leasing team will contact you to schedule a private showing. Take a virtual tour of a unit here! https my matterport com show ?m=2DVp3XdpKHy Unit layouts may vary. Please call or email to answer any questions. *Lakestone Properties conducts credit and background checks for each applicant. Each adult household member needs to submit an application. Please do not apply if you have any previous evictions within the last 7 years. To apply, please visit www lakestoneproperties com and follow the prompts.
2BR/2.0BA2 bed2 bath1,250 sqft$2,045 /mo1 unit availableDiscover modern living in these two-bedroom, two-bath apartments, now available for rent in Oregon. Each spacious unit is designed with your comfort in mind, offering top-tier features and stylish finishes. Features included stainless steel appliances, granite countertops, and your own private washer and dryer for added convenience. With large open floor plans and spacious walk-in closets, the apartments provide plenty of room to relax and make yourself at home. The 9-foot ceilings create an airy feel, and second-floor units boast vaulted ceilings for an extra touch of luxury. Enjoy the convenience of your own private entrance, along with a one-car attached garage for added accessibility and security. With expansive layouts, these units are perfect for those looking for a contemporary living space with ample storage, modern finishes, and all the comforts you deserve. Contact us today to schedule a tour and make one of these stunning apartments your new home! Located in Oregon, WI, Peterson Trail offers a quiet residential setting with a small-town feel and easy access to local shops, dining, and everyday conveniences. The area is close to parks, walking trails, and schools, with quick connections to nearby highways for an easy commute to Madison—making it a great location for comfortable, connected living. Additional Monthly Fees: Water & Sanitation *Two Bedroom: $50/month Pet-Friendly Community: We welcome your furry friends! Up to two pets are allowed per apartment home. *One-time non-refundable pet fee: $250 *Cats: $30/month *Dogs under 30 lbs: $30/month *Dogs over 30 lbs: $45/month Breed, weight, and other restrictions apply. Security Deposit: *One Bedroom security deposit: $1,000, paid at the time of lease signing *Two Bedroom Security Deposit: $1,000, paid at the time of lease signing Ready to Make The Flats Your Home? Visit lakestoneproperties. com to submit your application. Once your application has been approved, a member of our leasing team will contact you to schedule a private showing. Take a virtual tour of a unit here! https my matterport com show ?m=2DVp3XdpKHy Unit layouts may vary. Please call or email to answer any questions. *Lakestone Properties conducts credit and background checks for each applicant. Each adult household member needs to submit an application. Please do not apply if you have any previous evictions within the last 7 years. To apply, please visit www lakestoneproperties com and follow the prompts.

Let's explore this property.

Amenities for The Flats - 120 (Building 5)

Apartment Amenities

Private EntryTrash

Appliances

DishwasherIn-Unit Laundry
MicrowaveRange
RefrigeratorStainless Steel Appliances
StoveWasher and Dryer

Building

Cats OKDogs OK

Grounds

Garage ParkingOne Car Attached Garage

Services

Email & Text CommunicationsEmergency Maintenance
Package Service

Other

Electronic Rent Payments
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

Garage Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units12
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About The Flats - 120 (Building 5)

HomeApartments in Oregon The Flats - 120 (Building 5)

Discover modern living in these two-bedroom, two-bath apartments, now available for rent in Oregon. Each spacious unit is designed with your comfort in mind, offering top-tier features and stylish finishes. Features included stainless steel appliances, granite countertops, and your own private washer and dryer for added convenience. With large open floor plans and spacious walk-in closets, the apartments provide plenty of room to relax and make yourself at home. The 9-foot ceilings create an airy feel, and second-floor units boast vaulted ceilings for an extra touch of luxury. Enjoy the convenience of your own private entrance, along with a one-car attached garage for added accessibility and security. With expansive layouts, these units are perfect for those looking for a contemporary living space with ample storage, modern finishes, and all the comforts you deserve. Contact us today to schedule a tour and make one of these stunning apartments your new home! Located in Oregon, WI, Peterson Trail offers a quiet residential setting with a small-town feel and easy access to local shops, dining, and everyday conveniences. The area is close to parks, walking trails, and schools, with quick connections to nearby highways for an easy commute to Madison—making it a great location for comfortable, connected living. Additional Monthly Fees: Water & Sanitation *Two Bedroom: $50/month Pet-Friendly Community: We welcome your furry friends! Up to two pets are allowed per apartment home. *One-time non-refundable pet fee: $250 *One-time DNA Registration Fee: $60 per dog *Cats: $30/month *Dogs under 30 lbs: $30/month *Dogs over 30 lbs: $45/month Breed, weight, and other restrictions apply. Security Deposit: *One Bedroom security deposit: $1,000, paid at the time of lease signing *Two Bedroom Security Deposit: $1,000, paid at the time of lease signing Ready to Make The Flats Your Home? Visit lakestoneproperties. com to submit your application. Once your application has been approved, a member of our leasing team will contact you to schedule a private showing. Take a virtual tour of a unit here! https my matterport com show ?m=2DVp3XdpKHy Unit layouts may vary. Please call or email to answer any questions. *Lakestone Properties conducts credit and background checks for each applicant. Each adult household member needs to submit an application. Please do not apply if you have any previous evictions within the last 7 years. To apply, please visit www lakestoneproperties com and follow the prompts.


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, The Flats - 120 (Building 5) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Flats - 120 (Building 5) 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 The Flats - 120 (Building 5)
Price·9A 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.
The Flats - 120 (Building 5) stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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.
The Flats - 120 (Building 5) 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.
The Flats - 120 (Building 5) 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 The Flats - 120 (Building 5) 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.

The Flats - 120 (Building 5) is great for:

Pet owners

  • Pet deposit required

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 The Flats - 120 (Building 5) compares to other nearby properties.

Positives

More space
The 2-bedroom is 87 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Package service
More secure storage for delivery

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from high schools
The nearest high school is farther than 2 miles away
Fewer storage options
Limited cabinet or closet space
No laundry facilities available
This property doesn't offer on-site or in-unit washers and dryers

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Rent trends in Oregon

If you decide to upgrade your space, you can expect 2-bedrooms at The Flats - 120 (Building 5) to be 7% more than the average for similarly sized apartments in Oregon.

Median rents as of Aug 22 2026.
Oregon
A table of studio rental data trends in Oregon
MonthMedian Rent
October 2024$1,245
April 2025$1,195
May 2025$1,205
June 2025$1,205
July 2025$1,198
April 2026$1,205
May 2026$1,203
June 2026$1,223
July 2026$1,223
August 2026$1,229

Affordability calculator

Can I afford to live at 120 Peterson Trl?

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

$81,100/yr

With your selected rent-to-income ratio, you'd ideally want to make $81,100 annually to afford this 2-bedrooms median monthly rent price of $2,027.
For more information on rent affordability, visit our rent calculator.

Schools near The Flats - 120 (Building 5)

Netherwood Knoll Elementary School

276 soden dr

oregon, WI, 53575

PK, K-4Public
A-

Oregon 4K

123 e grove st

oregon, WI, 53575

PKPublic

Prairie View Elementary School

300 soden dr

oregon, WI, 53575

PK, K-4Public
A-

Brooklyn Elementary School

204 division st

brooklyn, WI, 53521

PK, K-4Public
B+

Forest Edge Elementary School

4848 brassica rd

fitchburg, WI, 53711

PK, K-6Public
A-
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Internet available near The Flats - 120 (Building 5)

Neighborhood

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

Getting around Oregon near 120 Peterson Trl

Walking

2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 120 Peterson Trl, Oregon

Groceries

1/10
Closest supermarket further than a 30-minute walk

Shopping

1/10
Few or no shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

3/10
Some restaurants within walking distance

Primary schools

1/10
Closest elementary school further than a 30-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Nightlife

4/10
Some bars within walking distance

Explore the area around 120 Peterson Trl

Hy-Vee
787 N Main St
Costco Wholesale
1000 Batker Ct
Pick'n Save
3010 Cahill Main

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