Updated 22 Hours Ago
Highlights
Pet Friendly
Location
2232 W Broadway, Monona, WI 53713, USA
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Property Overview
The Royal earns a strong overall impression, with an 8.8 Zumper expert rating, top marks for price and amenities, and a strong location score that points to convenience and value. It also stands out for nearby grocery access, a highly ranked high school within a reasonable distance, plenty of photos for a clearer view, and strong value-for-money and value-per-square-foot metrics.
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
Less expensive- More space
- High school nearby
Great for
Pet owners
Floor plans
| B Floor Plan (50LMI Income Restricted) | 2 bed | 2 bath | 1,048 sqft | $1,360 /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 $47,400 2 People - less than $54,150 3 People - less than $60,900 4 People - less than $67,650 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 | $1,450 /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 $56,880 2 People - less than $64,980 3 People - less than $73,080 4 People - less than $81,180 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 | $1,500 /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 $56,880 2 People - less than $64,980 3 People - less than $73,080 4 People - less than $81,180 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) | |
| E Floor Plan (80LMI Income Restricted) | 2 bed | 2 bath | 1,130 sqft | $1,725 /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 $74,800 2 People - less than $85,450 3 People - less than $96,150 4 People - less than $106,800 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) | |
| C Floor Plan (50LMI Income Restricted) | 3 bed | 2 bath | 1,376 sqft | $1,575 /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 $60,900 4 People - less than $67,650 5 People - less than $73,100 6 People - less than $78,500 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) | |
| D Floor Plan (50LMI Income Restricted) | 3 bed | 2 bath | 1,335 sqft | $1,575 /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 $60,900 4 People - less than $67,650 5 People - less than $73,100 6 People - less than $78,500 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) |
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Amenities for The Royal
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 |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 48 |
|---|
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About The Royal
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 $47,400 2 People - less than $54,150 3 People - less than $60,900 4 People - less than $67,650 5 People - less than $73,100 6 People - less than $78,500 60% Income Limit 1 Person - less than $56,880 2 People - less than $64,980 3 People - less than $73,080 4 People - less than $81,180 5 People - less than $87,720 6 People - less than $94,200 80% Income Limit 1 Person - less than $74,800 2 People - less than $85,450 3 People - less than $96,150 4 People - less than $106,800 5 People - less than $115,350 6 People - less than $123,900 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)
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 GoodWith a solid 8.8 out of 10 overall, The Royal is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Royal 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·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.
The Royal 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.
The Royal 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.
The Royal 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 The Royal 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.
The Royal 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 The Royal compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- More space
- The 2-bedroom is 212 sqft larger than other listings nearby
- High school nearby
- There is a high school 2 miles away
- More space
- The 3-bedroom is 106 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
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Rent trends in Monona
If you decide to upgrade your space, you can expect 2-bedrooms at The Royal to be 10% less than the average for similarly sized apartments in Monona.
3-bedroom apartments at The Royal cost about the same as the average rent price for 3-bedroom apartments in Monona.
Median rents as of Aug 1 2026.
Monona
| Month | Median Rent |
|---|---|
| October 2024 | $1,200 |
| January 2025 | $1,360 |
| February 2025 | $1,360 |
| March 2026 | $1,050 |
| April 2026 | $1,096 |
| May 2026 | $1,256 |
| June 2026 | $1,325 |
| July 2026 | $1,349 |
| August 2026 | $1,330 |
Affordability calculator
Can I afford to live at 2232 W Broadway?
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
$59,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $59,000 annually to afford this 2-bedrooms median monthly rent price of $1,475.
For more information on rent affordability, visit our rent calculator.
Schools near The Royal
Henderson Elementary School
1201 tompkins dr
madison, WI, 53716
PK, K-5Public
C+
Forest Edge Elementary School
4848 brassica rd
fitchburg, WI, 53711
PK, K-6Public
A-
4K PK Off Site
545 w dayton st
madison, WI, 53703
PKPublic
Mendota Mental Health Institution
301 troy dr
madison, WI, 53704
PK, K-12Public
Granite Ridge School
4500 buss rd
cottage grove, WI, 53527
3-5Public
B
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Internet available near The Royal
Neighborhood
Getting around Monona near 2232 W Broadway
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 2232 W Broadway, Monona
Groceries
1/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
1/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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Check availability
This property is intended for those with income restrictions.