Updated 2 Days Ago
Location
408 N Frances St, Madison, WI 53703, USA|Downtown Madison
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Property Overview
408 earns a strong overall rating with especially high marks for value and location, along with solid amenities and trustworthiness. It also stands out for its 50 photos and for nearby fitness, wellness, and social options, including parks, grocery stores, gyms, cultural venues, and restaurants.
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
Social life
Wellness
Floor plans
| 408 N. Frances St. #2 | 4 bed | 3 bath | $4,895 /mo | 1 unit available | |||
| 408 N. Frances St. #3 | 4 bed | 3 bath | $4,995 /mo | 1 unit available | |||
| 408 N. Frances St. #1 | 7 bed | 4 bath | $8,795 /mo | 1 unit available |
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Amenities for 408
Apartment Amenities
| Central Heat | Furnishing |
| Gas | Heating |
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 | 3 |
|---|
About 408
408 cost $4,895–$8,795 per month. Located at 408 N Frances St, Madison, WI 53703, USA, 408 has 4 — 7 bedroom units available.Other apartment buildings in or around Madison include but are not limited to: 1008 W Johnson St, 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.
8.1
/10
Very GoodWith a solid 8.1 out of 10 overall, 408 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 408 has a number of attractive features—namely its Price— 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.
408 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·8A 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.
With multiple in-demand amenities, 408 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
408 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 408 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.
408 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 408 compares to other nearby properties.
Positives
- Central heat
- Climate controlled environment
- Images Available
- There are at least 10 photos of this property
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.4 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 1.1 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 0.6 miles away
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Rent trends in Downtown Madison
4-bedroom apartments at 408 cost about 45% more than the average rent price for 4-bedroom apartments in Downtown Madison.
Median rents as of Oct 31 2026.
Downtown Madison
Madison
| Month | Median Rent |
|---|---|
| November 2024 | $1,208 |
| 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 | $1,194 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,136 |
| 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 |
Affordability calculator
Can I afford to live at 408 N Frances St?
Bedrooms
4+ bedroomsRent-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
$197,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $197,800 annually to afford this 4-bedrooms median monthly rent price of $4,945.
For more information on rent affordability, visit our rent calculator.
Schools near 408
4K PK Off Site
545 w dayton st
madison, WI, 53703
PKPublic
Randall Elementary School
1802 regent st
madison, WI, 53726
3-5Public
A-
Franklin Elementary School
305 w lakeside st
madison, WI, 53715
PK, K-2Public
B+
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 408 N Frances St
Walking
10/10
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
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 408 N Frances St, Madison
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Several cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 408 N Frances St
Fresh Madison Market
703 University Ave
Royal Mart
340 State St
Capitol Centre Market
111 N Broom St
Triangle Market
302 State St
Bassett Food Mart
41 S Bassett St
Insignia
639 State St
Raven Fjall Retail Lic
559 State St
Target
610 State St
Sconnie Nation
521 State St
Underground Prnting
521 State St
Crave Coffee
604 University Ave
Coectio Coffee
583 State St
Valentia Coffee
799 University Ave
Colectivo Coffee
583 State St
Starbucks
661 State St
Karaoke Kid
614 University Ave
Mom's Bar
614 University Ave
Red Shed
406 N Frances St
Wando's Bar & Grill
602 University Ave
Nitty Gritty Restaurant & Bar
223 N Frances St
Fresh Madison Market
703 University Ave
Dough Baby Bakery LLC
511 State St
Mad Seafood Boiler
201 W Gorham St
Clary's Gourmet Popcorn
105 State St
Dane County Farmers Market
2 E Main St
Garden
Class of 1920 Memorial Plaza
Library Mall
Elizabeth Link Peace Park
Inspiration Garden
Ian's Pizza Madison Frances Street
319 N Frances St
Dotty Dumpling's Dowry
317 N Frances St
Vintage Spirits & Grill
529 University Ave
Strings Ramen Wisconsin LLC
311 N Frances St
A8 China
608 University Ave
N Lake / University
Route 80
University / N Bassett
Route C, Route D, Route R, Route 28, Route 38, Route 65
N Lake / W Johnson
Route 80
W Johnson / East Campus
Route C, Route D, Route R, Route 28, Route 38, Route 65
East Campus
Route B
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