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Madison-MASTER presents an appealing opportunity for potential renters, showcasing a spacious three-bedroom layout with desirable features such as wood plank flooring and a well-equipped kitchen. With a strong expert rating of 8.4, the property excels in location, amenities, and overall value, highlighted by its competitive pricing and transparency regarding features and management. Additionally, its extensive photo gallery and exceptional value metrics further enhance its attractiveness in the rental market.
Things you’ll love
More spaceLess expensiveImages Available| 2BR/1.0BA | 2 bed | 1 bath | 1,125 sqft | $1,225 /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 | 1,130+ sqft | $1,300–$1,375 /mo | 2 units available | Spacious 3 bedroom apartment available in the Austin neighborhood on the 3rd floor. This apartment features a huge kitchen with a spacious living room & carpeted bedrooms. Freshly painted unit. 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 |
Let's explore this property.
One-time.
| Units | 14 |
|---|
Spacious 3 bedroom apartment available in the Austin neighborhood on the 3rd floor. This apartment features a huge kitchen with a spacious living room & carpeted bedrooms. Freshly painted unit. 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
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 12% less than the average for similarly sized apartments in Austin.
3-bedroom apartments at Madison-MASTER cost about 24% less than the average rent price for 3-bedroom apartments in Austin.
| Month | Median Rent |
|---|---|
| April 2024 | $1,685 |
| May 2024 | $1,751 |
| 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 |
| Month | Median Rent |
|---|---|
| April 2024 | $827 |
| May 2024 | $846 |
| 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 |
Can I afford to live at 5000 W Madison St?
Bedrooms
Rent-to-income ratio
30%
$49,000/yr
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$1,660–$2,814
Kenwood • 4726 S Woodlawn Ave
1–2 Beds
$1,499–$2,423
Edgewater • 5300 N Sheridan Rd
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$1,595–$1,625
Lakeview • 1623 West Belmont Avenue
1–2 Beds
$1,595–$2,295
Hyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,660–$2,814
Kenwood • 4726 S Woodlawn Ave
1–2 Beds
$1,499–$2,423
Edgewater • 5300 N Sheridan Rd
1 Bed
$1,595–$1,625
Lakeview • 1623 West Belmont Avenue
1–2 Beds
$1,595–$2,295
