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Madison-MASTER is a competitively priced 3-bedroom apartment with an overall expert rating of 8.4/10, highlighted by a perfect price score and strong marks for amenities, location, and trustworthiness. Renters get excellent value for money and value per square foot, plus practical perks like a huge white-cabinet kitchen, included heat, hot water, appliances, and a mix of wood plank flooring and carpet, all showcased in 26 detailed photos.
Things you’ll love
More spaceLess expensiveImages Available| 2BR/1.0BA | 2 bed | 1 bath | 1,125 sqft | $1,200 /mo | 1 unit available | Spacious 2 bedroom apartment available now in the Austin neighborhood on the 2nd floor. This apartment has a huge white cabinet kitchen with lots of cabinet space, big living room & spacious bedrooms. Building is located on Madison & Lavergne. Parking space in lot included! Heat, hot water & appliances included. Tenant is responsible for electric only! $30 application fee per adult 18 and over. $500.00 non-refundable administration fee. Administrative fee & 1st month's rent required for move in. NO SECURITY DEPOSIT! Applications can be submitted online from our website https www ua4rent com vacancies Minimum Requirements: *Credit check *Net monthly income must be at least 3 times the rent amount *Must have stable income for at least 1 year with proof of that income *NO past evictions or judgements *NO DOGS ALLOWED | |
| 3BR/1.0BA | 3 bed | 1 bath | 1,155+ sqft | $1,300–$1,395 /mo | 2 units available | Newly renovated 3 bedroom apartment available in the Austin neighborhood on the 2nd floor. This apartment features wood plank flooring & carpet with a huge white cabinet kitchen. Building is located on Madison & Lavergne. BATHTUB WILL BE REFINISHED!! Parking space in lot included! Heat, hot water & appliances included. Tenant is responsible for electric only! $30 application fee per adult 18 and over. $500.00 non-refundable administration fee. Administrative fee & 1st month's rent required for move in. NO SECURITY DEPOSIT! Applications can be submitted online from our website https www ua4rent com vacancies Minimum Requirements: *Credit check *Net monthly income must be at least 3 times the rent amount *Must have stable income for at least 1 year with proof of that income *NO past evictions or judgements *NO DOGS ALLOWED |
Let's explore this property.
One-time.
| Units | 14 |
|---|
Newly renovated 3 bedroom apartment available in the Austin neighborhood on the 2nd floor. This apartment features wood plank flooring & carpet with a huge white cabinet kitchen. Building is located on Madison & Lavergne. BATHTUB WILL BE REFINISHED!! Parking space in lot included! Heat, hot water & appliances included. Tenant is responsible for electric only! $30 application fee per adult 18 and over. $500.00 non-refundable administration fee. Administrative fee & 1st month's rent required for move in. NO SECURITY DEPOSIT! Applications can be submitted online from our website https www ua4rent com vacancies Minimum Requirements: *Credit check *Net monthly income must be at least 3 times the rent amount *Must have stable income for at least 1 year with proof of that income *NO past evictions or judgements *NO DOGS ALLOWED
How Madison-MASTER compares to other nearby properties.
Positives
Considerations
If you decide to upgrade your space, you can expect 2-bedrooms at Madison-MASTER to be 14% less than the average for similarly sized apartments in Austin.
3-bedroom apartments at Madison-MASTER cost about 23% less than the average rent price for 3-bedroom apartments in Austin.
| Month | Median Rent |
|---|---|
| May 2024 | $1,760 |
| June 2024 | $1,764 |
| July 2024 | $1,931 |
| August 2024 | $1,691 |
| September 2024 | $1,682 |
| October 2024 | $1,630 |
| November 2024 | $1,568 |
| December 2024 | $1,501 |
| January 2025 | $1,483 |
| February 2025 | $1,495 |
| March 2025 | $1,520 |
| April 2025 | $1,512 |
| May 2025 | $1,502 |
| June 2025 | $1,531 |
| July 2025 | $1,580 |
| August 2025 | $1,516 |
| September 2025 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| April 2026 | $1,637 |
| May 2026 | $1,672 |
| Month | Median Rent |
|---|---|
| May 2024 | $845 |
| June 2024 | $837 |
| July 2024 | $804 |
| August 2024 | $847 |
| September 2024 | $895 |
| October 2024 | $984 |
| November 2024 | $1,227 |
| December 2024 | $2,378 |
| January 2025 | $2,610 |
| February 2025 | $2,742 |
| March 2025 | $2,940 |
| April 2025 | $2,942 |
| May 2025 | $1,515 |
| June 2025 | $1,145 |
| July 2025 | $1,115 |
| August 2025 | $1,028 |
| September 2025 | $920 |
| October 2025 | $889 |
| November 2025 | $1,002 |
| December 2025 | $1,150 |
| January 2026 | $1,133 |
| February 2026 | $1,108 |
| March 2026 | $1,036 |
| April 2026 | $1,068 |
| May 2026 | $1,037 |
Can I afford to live at 5000 W Madison St?
Bedrooms
Rent-to-income ratio
30%
$48,000/yr
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$1,525–$1,650
Lakeview • 3413 N Marshfield Ave
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$1,795 –$2,795
Kenwood • 4726 S Woodlawn Ave
1–2 Beds
$1,599–$2,154
Hyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,685–$2,385
Lakeview • 808 808 -12 W. Junior Terrace
1–2 Beds
$1,795–$1,995
Edgewater • 5250 N Sheridan Rd
1 Bed
$1,525–$1,650
Lakeview • 3413 N Marshfield Ave
1–2 Beds
$1,795–$2,795
