Highlights
Pet Friendly
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The Royal offers strong overall value with an expert rating of 8.3/10, highlighted by a perfect 10/10 for amenities and a 9/10 for its convenient location near grocery options and a well-rated high school. With competitive pricing, top-tier value and value-per-square-foot scores, and a solid 8/10 trustworthiness rating, it presents a compelling option for renters seeking both quality and transparency. It is also noted as great for pet friendliness, supported by nearby pet supply stores and a pet hospital.
Things you’ll love
Great for
| A Floor Plan (50LMI Income Restricted) | 2 bed | 2 bath | 1,084 sqft | $1,310 /mo | 1 unit available | 2 Bedroom Income Restricted - 50% Level Moderate-income and student status restrictions apply. Maximum income is determined by household size and is based on gross annual (pre-tax) income. 1 Person - less than $45,450 2 People - less than $51,950 3 People - less than $58,450 4 People - less than $64,900 Unit cannot be entirely occupied by full time students. Some exemptions apply - contact us for details. Tenant Liability Insurance Required. (Minimum coverage of 100K) (Pricing, inclusions and eligibility subject to change) | |
| A Floor Plan (60LMI Income Restricted) | 2 bed | 2 bath | 1,084 sqft | $1,495–$1,550 /mo | 2 units available | 2 Bedroom Income Restricted - 60% Level Moderate-income and student status restrictions apply. Maximum income is determined by household size and is based on gross annual (pre-tax) income. 1 Person - less than $54,540 2 People - less than $62,340 3 People - less than $70,140 4 People - less than $77,880 Unit cannot be entirely occupied by full time students. Some exemptions apply - contact us for details. Tenant Liability Insurance Required. (Minimum coverage of 100K) (Pricing, inclusions and eligibility subject to change) | |
| F Floor Plan (60LMI Income Restricted) | 2 bed | 2 bath | 1,120 sqft | $1,550 /mo | 1 unit available | 2 Bedroom Income Restricted - 60% Level Moderate-income and student status restrictions apply. Maximum income is determined by household size and is based on gross annual (pre-tax) income. 1 Person - less than $54,540 2 People - less than $62,340 3 People - less than $70,140 4 People - less than $77,880 Unit cannot be entirely occupied by full time students. Some exemptions apply - contact us for details. Tenant Liability Insurance Required. (Minimum coverage of 100K) (Pricing, inclusions and eligibility subject to change) | |
| A3 Floor Plan (80LMI Income Restricted) | 2 bed | 2 bath | 1,064 sqft | $1,650 /mo | 1 unit available | 2 Bedroom Income Restricted - 80% Level Moderate-income and student status restrictions apply. Maximum income is determined by household size and is based on gross annual (pre-tax) income. 1 Person - less than $72,700 2 People - less than $83,100 3 People - less than $93,500 4 People - less than $103,850 Unit cannot be entirely occupied by full time students. Some exemptions apply - contact us for details. Virtual Walk-Through Tour: https kuula co share collection 7HdC2?logo=1&info=0&fs=1&vr=1&sd=1&initload=0&thumbs=1 Tenant Liability Insurance Required. (Minimum coverage of 100K) (Pricing, inclusions and eligibility subject to change) | |
| C1 Floor Plan (50LMI Income Restricted) | 3 bed | 2 bath | 1,370 sqft | $1,515 /mo | 1 unit available | 3 Bedroom Income Restricted - 50% Level Moderate-income and student status restrictions apply. Maximum income is determined by household size and is based on gross annual (pre-tax) income. 3 People - less than $58,450 4 People - less than $64,900 5 People - less than $70,100 6 People - less than $75,300 Minimum occupancy standards apply. Unit cannot be entirely occupied by full time students. Some exemptions apply - contact us for details. Tenant Liability Insurance Required. (Minimum coverage of 100K) (Pricing, inclusions and eligibility subject to change) |
Let's explore this property.
Apartment Amenities
| Hot Water | Vinyl Plank Flooring |
Appliances
| Full Appliance Package Including Washer and Dryer | In-Unit Laundry |
Building
| Additional On-site Storage | Cats OK |
| Dogs OK | Non Smoking Facility |
| Residents Lounge | Sewer |
Grounds
| Storage |
Services
| On-Site Maintenance | On-Site Management |
| Package Service | Trash Removal |
Neighborhood
| Community Lounge |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 48 |
|---|
Discover The Royal Apartments on Madison's South Side, offering affordable, modern, upscale living with easy access to local restaurants, shops, parks, the Beltline Highway, and the shores of Lake Monona. Enjoy comfortable living with stylish amenities in a vibrant community. Find your new apartment today at The Royal Apartments! AFFORDABLE RENT PROGRAM The Royal offers reduced rent amounts as part of an Affordable Rent Program. Affordable rent apartments are subject to moderate income and student status restrictions. Households must meet program eligibility requirements. 50% Income Limit 1 Person - less than $45,450 2 People - less than $51,950 3 People - less than $58,450 4 People - less than $64,900 5 People - less than $70,100 6 People - less than $75,300 60% Income Limit 1 Person - less than $54,540 2 People - less than $62,340 3 People - less than $70,140 4 People - less than $77,880 5 People - less than $84,120 6 People - less than $90,360 80% Income Limit 1 Person - less than $72,700 2 People - less than $83,100 3 People - less than $93,500 4 People - less than $103,850 5 People - less than $112,200 6 People - less than $120,500 Maximum income is determined by household size and is based on gross annual (pre-tax) income. Moderate-income and student status restrictions apply. Units cannot be entirely occupied by full-time students. Some exemptions apply - contact us for details. Select apartments at The Royal are set aside specifically for households where at least one member is a military veteran and/or has a permanent disability. (Pricing, inclusions, and eligibility subject to change)
How The Royal compares to other nearby properties.
Positives
Considerations
If you decide to upgrade your space, you can expect 2-bedrooms at The Royal to be 9% less than the average for similarly sized apartments in Monona.
3-bedroom apartments at The Royal cost about 13% less than the average rent price for 3-bedroom apartments in Monona.
| Month | Median Rent |
|---|---|
| October 2024 | $1,200 |
| January 2025 | $1,360 |
| February 2025 | $1,360 |
| March 2026 | $1,050 |
| April 2026 | $1,096 |
Can I afford to live at 2232 W Broadway?
Bedrooms
Rent-to-income ratio
30%
$60,900/yr
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