Updated 7 Hours Ago
Location
505 N Carroll St, Madison, WI 53703, USA|Downtown Madison
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Property Overview
505 has a strong Zumper expert rating, with standout marks for amenities, location, price, and trustworthiness. It also offers 44 photos and is noted for work-from-home convenience, social life, fitness and wellness, and environment sustainability, with nearby dining, cultural spots, parks, gyms, transit, and walkability.
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.
Things you’ll love
Central heat- Images Available
Great for
Work-from-home
Eco living
Social life
Floor plans
| 505 N. Carroll St. #4 | 5 bed | 3.5 bath | $5,585 /mo | 1 unit available | |||
| 505 N. Carroll St. #5 | 5 bed | 3.5 bath | $5,635 /mo | 1 unit available |
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Amenities for 505
Apartment Amenities
| Air Conditioning | Central Air Conditioning |
| Central Heat | Furnishings Available |
| Granite Countertops | Heating |
| Kitchen Island |
Appliances
| Dishwasher | Double Refrigerator |
| Garbage Disposal | In-Unit Laundry |
| Microwave | Range |
| Stove | Washer and Dryer |
Services
| Complimentary Internet |
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
Building details
Property details
| Units | 6 |
|---|
About 505
505 cost $5,585–$5,635 per month. Located at 505 N Carroll St, Madison, WI 53703, USA, 505 has 5 bedroom units available.Other apartment buildings in or around Madison include but are not limited to: 10 N Broom St, 625 Mendota Ct, 313 N Frances St
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 GoodWith a solid 8.5 out of 10 overall, 505 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 505 has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
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.
505 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.
505 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—in-unit laundry—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.
505 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 505 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.
505 is great for:
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 505 compares to other nearby properties.
Positives
- Central heat
- Climate controlled environment
- Images Available
- There are at least 10 photos of this property
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.4 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 1.0 miles away
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Rent trends in Downtown Madison
Median rents as of Oct 24 2026.
Downtown Madison
Madison
| Month | Median Rent |
|---|---|
| November 2024 | $1,206 |
| 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 | $1,127 |
| 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 | $1,105 |
| June 2026 | $1,117 |
| July 2026 | $1,111 |
| August 2026 | $1,138 |
| September 2026 | $1,128 |
| October 2026 | $1,151 |
Schools near 505
4K PK Off Site
545 w dayton st
madison, WI, 53703
PKPublic
Franklin Elementary School
305 w lakeside st
madison, WI, 53715
PK, K-2Public
B+
Randall Elementary School
1802 regent st
madison, WI, 53726
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-
Getting around Madison near 505 N Carroll St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
3/10
Roads are accessible, but parking may be a challenge.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 505 N Carroll St, Madison
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Variety of cafés within walking distance
Restaurants
8/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
8/10
Variety of bars within walking distance
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