Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Stainless steel appliances
  • Granite countertops
  • Large walk-in closets
  • Private patio
  • Outdoor recreation
  • Excellent schools

Location

5401 Preston Pl, Mcfarland, WI 53558, USA
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Contact

Management

Lakestone Properties

Leasing office

(608) 838-1800

Property Overview

Preston Place delivers strong overall quality with an 8.8/10 expert rating and exceptional scores for price and amenities, indicating standout value and a premier living experience. Residents can expect convenient access to key destinations and schools, a high level of transparency from management, and practical comforts like stainless steel appliances, granite countertops, large walk-in closets, and private patios. Extensive photos, outdoor recreation options, and pet-friendly features further enhance its appeal.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, Preston Place is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Preston Place has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Images Available
  • Package service

Great for

  • Pet owners

Floor plans

Tri-Level4 bed2.5 bath1,918 sqft$2,695 /mo1 unit availableThese spacious 4-bedroom, 2.5-bathroom duplexes offer 1,918 sq. ft. of modern, comfortable living. Each unit features stainless steel appliances, granite countertops, 3-panel solid core doors, large walk-in closets, and 9' ceilings, providing both style and functionality. Enjoy outdoor living with a private deck perfect for entertaining, and a full 2-stall garage adds convenience and extra storage, making these homes thoughtfully designed for everyday living. McFarland is a charming, lakeside community known for its friendly small-town atmosphere, excellent schools, and easy access to outdoor recreation along Lake Waubesa. This area offers convenient access to local shops, dining, and community amenities, while still being just a short drive from Madison. Residents also enjoy nearby parks, trails, and recreational spaces, making it an ideal location for families and outdoor enthusiasts alike. Tenant is responsible for gas, electric, and water utilities, as well as snow removal for the front walkway and driveway. Lawn care is provided. Take a virtual tour below! Unit layouts may vary. https my matterport com show ?m=Mb3wnYzdLNd& Pet-Friendly Community: *One-Time Non-Refundable Pet Fee: $250 *Cats: $30/month *Dogs: $30/month (under 30 lbs) *Dogs: $45/month (over 30 lbs) Up to 2 pets per unit We welcome your furry friends! (restrictions will apply) *Full security deposit is required at lease signing. *Lakestone Properties conducts credit and background checks for each applicant. Please do not apply if you have any previous evictions on your record. To apply, please visit https www lakestoneproperties com vacancies
Two-Story Exposed4 bed3.5 bath2,090 sqft$2,795 /mo1 unit availableThese 2-story duplexes offer 2,090 sq. ft. of spacious, modern living with finished basements. Each unit features 4 bedrooms and 3.5 bathrooms, stainless steel appliances, granite countertops, 3-panel solid core doors, large walk-in closets, and 9' ceilings. Residents can enjoy a private patio perfect for entertaining and a full 2-stall garage, combining style, functionality, and convenience in one well-designed home. McFarland is a charming, lakeside community known for its friendly small-town atmosphere, excellent schools, and easy access to outdoor recreation along Lake Waubesa. This area offers convenient access to local shops, dining, and community amenities, while still being just a short drive from Madison. Residents also enjoy nearby parks, trails, and recreational spaces, making it an ideal location for families and outdoor enthusiasts alike. Click below for a virtual tour!! https my matterport com show ?m=nBYGyomRLSu Unit layouts may vary. Tenant is responsible for gas, electric, and water utilities, as well as snow removal for the front walkway and driveway. Lawn care is provided. Unit layouts may vary. Please call or email to set up a showing or to answer any questions. Pet-Friendly Community: *One-Time Non-Refundable Pet Fee: $250 *Cats: $30/month *Dogs: $30/month (under 30 lbs) *Dogs: $45/month (over 30 lbs) Up to 2 pets per unit We welcome your furry friends! (restrictions will apply) *Full security deposit is required at lease signing. *Lakestone Properties conducts credit and background checks for each applicant. Please do not apply if you have any previous evictions on your record. To apply, please visit https www lakestoneproperties com vacancies

Let's explore this property.

Amenities for Preston Place

Apartment Amenities

TrashTwo Car Attached Garage

Appliances

DishwasherIn-Unit Laundry
MicrohoodRange
Stainless Steel AppliancesStove
Washer and Dryer

Building

Cats OKDogs OK
Finished Basement

Grounds

Garage ParkingOff-Street Parking

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

Units22
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About Preston Place

HomeApartments in McFarland Preston Place

These spacious 4-bedroom, 2.5-bathroom duplexes offer 1,918 sq. ft. of modern, comfortable living. Each unit features stainless steel appliances, granite countertops, 3-panel solid core doors, large walk-in closets, and 9' ceilings, providing both style and functionality. Enjoy outdoor living with a private deck perfect for entertaining, and a full 2-stall garage adds convenience and extra storage, making these homes thoughtfully designed for everyday living. McFarland is a charming, lakeside community known for its friendly small-town atmosphere, excellent schools, and easy access to outdoor recreation along Lake Waubesa. This area offers convenient access to local shops, dining, and community amenities, while still being just a short drive from Madison. Residents also enjoy nearby parks, trails, and recreational spaces, making it an ideal location for families and outdoor enthusiasts alike. Tenant is responsible for gas, electric, and water utilities, as well as snow removal for the front walkway and driveway. Lawn care is provided. Take a virtual tour below! Unit layouts may vary. https my matterport com show ?m=Mb3wnYzdLNd& Pet-Friendly Community: *One-Time Non-Refundable Pet Fee: $250 *Cats: $30/month *Dogs: $30/month (under 30 lbs) *Dogs: $45/month (over 30 lbs) Up to 2 pets per unit We welcome your furry friends! (restrictions will apply) *Full security deposit is required at lease signing. *Lakestone Properties conducts credit and background checks for each applicant. Please do not apply if you have any previous evictions on your record. To apply, please visit https www lakestoneproperties com vacancies


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Preston Place is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Preston Place has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Preston Place
Price·10A 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.
Preston Place offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
Preston Place 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.
Preston Place 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 Preston Place 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.

Preston Place is great for:

Pet owners

  • Outdoor spaces are available at this property
  • Pet deposit required
  • 2 pet hospitals in the area
  • 1 pet grooming service nearby

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 Preston Place compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address
Package service
More secure storage for delivery

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Rent trends in Mcfarland

4-bedroom apartments at Preston Place cost about 2% less than the average rent price for 4-bedroom apartments in Mcfarland.

Median rents as of Feb 15 2025.
Mcfarland
A table of studio rental data trends in Mcfarland
MonthMedian Rent
January 2025$1,185
February 2025$1,165

Affordability calculator

Can I afford to live at 5401 Preston Pl?

Bedrooms

4+ 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

$109,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $109,800 annually to afford this 4-bedrooms median monthly rent price of $2,745.
For more information on rent affordability, visit our rent calculator.

Schools near Preston Place

Waubesa Intermediate School

5605 red oak trl

mcfarland, WI, 53558

3-5Public
B+

4K McFarland

6009 johnson st

mcfarland, WI, 53558

PKPublic

Conrad Elvehjem Primary School

6009 johnson st

mcfarland, WI, 53558

PK, K-2Public
B

Forest Edge Elementary School

4848 brassica rd

fitchburg, WI, 53711

PK, K-6Public
A-

Granite Ridge School

4500 buss rd

cottage grove, WI, 53527

3-5Public
B
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Internet available near Preston Place

Getting around Mcfarland near 5401 Preston Pl

Walking

4/10
Some shops and stores are within a few minutes.

Driving

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

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 5401 Preston Pl, Mcfarland

Groceries

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

Shopping

1/10
Few or no shops within walking distance

Cafes

0/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

8/10
At least one high school within a 20-minute walk

Parks

5/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

Explore the area around 5401 Preston Pl

Pick'n Save
5709 US Highway 51
Metro Market
6540 Monona Dr
La Rosita Latina
6005 Monona Dr
Fraboni's Deli
108 Owen Rd
Restaurant Depot
6950 Gisholt Dr

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