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The Flats - 120 (Building 5) earns a strong overall impression with an 8.5 rating, combining excellent value, standout amenities, and a highly convenient location. Its vaulted ceilings, attached garage, private entrance, spacious kitchen, and open main living area add appeal, while the pet-friendly community, outdoor spaces, and 40 photos further support a well-rounded rental option.
Things you’ll love
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Pet owners| D4 (B&K) | 2 bed | 2 bath | 1,250 sqft | $2,010 /mo | 1 unit available | Enjoy the comfort and privacy of townhome-style living at The Flats. This generously sized 1,250-square-foot second-floor home offers the space, features, and everyday conveniences that make coming home something to look forward to. The open main living area features vaulted ceilings, a dedicated dining area, and a spacious kitchen with a convenient peninsula and an exceptionally large pantry. There’s plenty of room to cook, gather, relax, and entertain, while the thoughtful layout gives each space its own purpose. Your private entrance, large deck, and attached garage add another layer of convenience, giving you the feel of a home with the ease of apartment living. Each home also has its own water heater and water softener, adding to the comfort and convenience of everyday living. Located in a quiet residential setting in Oregon, The Flats puts you close to local restaurants, shopping, parks, walking trails, and everyday conveniences. With easy access to Madison and surrounding communities, you can enjoy a quieter place to come home to without giving up the convenience of being close to everything you need. Come home to more space, more privacy, and the Lakestone lifestyle at The Flats. Take a virtual tour of this exact apartment: https my matterport com show ?m=2DVp3XdpKHy Additional Monthly Fees Water & Sanitation Fee *Two Bedroom: $50/month Pet-Friendly Community Your furry friends are welcome at The Flats! Each apartment home may accommodate up to two pets. *One-time non-refundable pet fee: $250 *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. Please contact our leasing team for complete pet policy details. Security Deposit *Two Bedroom: $1,000 (due at lease signing) Ready to Make The Flats Your Home? Visit www 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. Lakestone Properties conducts credit, criminal background, and rental history screenings for all applicants. Each adult household member must submit an application and meet our rental qualification criteria. | |
| 2BR/2.0BA | 2 bed | 2 bath | 1,250 sqft | $2,045 /mo | 1 unit available | Sign a new 12-month lease within 24 hours of your showing and enjoy your first month FREE! Offer available to new residents on select homes with an approved application and signed 12-month lease. Restrictions may apply. Welcome to The Flats at Peterson Trail in Oregon, Wisconsin, where comfortable living meets thoughtful design. Offering approximately 1,250 square feet, these spacious two-bedroom, two-bathroom apartment homes feature an open-concept layout, vaulted ceilings, and a well-appointed kitchen with a pantry and peninsula. Enjoy the added privacy of your own entrance, a private deck, and an attached garage. With plenty of room to relax, entertain, and enjoy everyday life, The Flats offers the space and convenience you're looking for in a place to call home. Enjoy the convenience of a private entrance, attached garage, and private deck, along with comfortable interior spaces designed to make everyday living easy. Conveniently located near shopping, dining, parks, and other everyday essentials, The Flats puts you close to everything Oregon has to offer. Take a virtual tour of this exact apartment: https my matterport com show ?m=2DVp3XdpKHy Additional Monthly Fees Water & Sanitation Fee *Two Bedroom: $50/month Pet-Friendly Community Your furry friends are welcome at The Flats! Each apartment home may accommodate up to two pets. *One-time non-refundable pet fee: $250 *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. Please contact our leasing team for complete pet policy details. Security Deposit *Two Bedroom: $1,000 (due at lease signing) Ready to Make The Flats Your Home? Visit www 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. Lakestone Properties conducts credit, criminal background, and rental history screenings for all applicants. Each adult household member must submit an application and meet our rental qualification criteria. |
Let's explore this property.
Apartment Amenities
| Private Entry | Trash |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range |
| Stainless Steel Appliances | Stove |
| Washer and Dryer |
Building
| Cats OK | Dogs OK |
Grounds
| Garage Parking | One Car Attached Garage |
Services
| Email & Text Communications | Emergency Maintenance |
| Package Service |
Other
| Electronic Rent Payments |
One-time.
One-time. Refundable.
Garage Parking
Questions about this property’s policies and fees?
| Units | 12 |
|---|
Enjoy the comfort and privacy of townhome-style living at The Flats. This generously sized 1,250-square-foot second-floor home offers the space, features, and everyday conveniences that make coming home something to look forward to. The open main living area features vaulted ceilings, a dedicated dining area, and a spacious kitchen with a convenient peninsula and an exceptionally large pantry. There’s plenty of room to cook, gather, relax, and entertain, while the thoughtful layout gives each space its own purpose. Your private entrance, large deck, and attached garage add another layer of convenience, giving you the feel of a home with the ease of apartment living. Each home also has its own water heater and water softener, adding to the comfort and convenience of everyday living. Located in a quiet residential setting in Oregon, The Flats puts you close to local restaurants, shopping, parks, walking trails, and everyday conveniences. With easy access to Madison and surrounding communities, you can enjoy a quieter place to come home to without giving up the convenience of being close to everything you need. Come home to more space, more privacy, and the Lakestone lifestyle at The Flats. Take a virtual tour of this exact apartment: https my matterport com show ?m=2DVp3XdpKHy Additional Monthly Fees Water & Sanitation Fee *Two Bedroom: $50/month Pet-Friendly Community Your furry friends are welcome at The Flats! Each apartment home may accommodate up to two pets. *One-time non-refundable pet fee: $250 *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. Please contact our leasing team for complete pet policy details. Security Deposit *Two Bedroom: $1,000 (due at lease signing) Ready to Make The Flats Your Home? Visit www 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. Lakestone Properties conducts credit, criminal background, and rental history screenings for all applicants. Each adult household member must submit an application and meet our rental qualification criteria.
How The Flats - 120 (Building 5) compares to other nearby properties.
Positives
Considerations
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.
| Month | Median Rent |
|---|---|
| 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 |
| October 2026 | $1,250 |
Can I afford to live at 120 Peterson Trl?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$81,100/yr
276 soden dr
oregon, WI, 53575
123 e grove st
oregon, WI, 53575
300 soden dr
oregon, WI, 53575
204 division st
brooklyn, WI, 53521
4848 brassica rd
fitchburg, WI, 53711
633 N Henry St
1 Bed
$2,199
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Downtown Madison • 437 W Gorham St
1 Bed
$1,999–$2,050
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.4702 Madison Yards Way
1–2 Beds
$1,742–$5,462
Total Monthly Price. The price shown reflects a 13-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
6822 Schroeder Rd
1–2 Beds
$1,150–$1,700
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.6204 6204 & 6206 East Gate
1–3 Beds
$1,400–$1,750
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1660 Nygaard St
1–2 Beds
$1,495–$1,945
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.4721 Farwell St
1 Bed
$1,450
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1601 Hoel Ave
1 Bed
$1,475
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.633 N Henry St
1 Bed
$2,199
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Downtown Madison • 437 W Gorham St
1 Bed
$1,999–$2,050
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.4702 Madison Yards Way
1–2 Beds
$1,742–$5,462
Total Monthly Price. The price shown reflects a 13-month lease and includes base rent and all known required monthly fees, based on information provided by the property.6822 Schroeder Rd
1–2 Beds
$1,150–$1,700
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.6204 6204 & 6206 East Gate
1–3 Beds
$1,400–$1,750
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1660 Nygaard St
1–2 Beds
$1,495–$1,945
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.4721 Farwell St
1 Bed
$1,450
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1601 Hoel Ave
1 Bed
$1,475
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
