3 Hours Ago
Location
414 State St, Madison, WI 53703, USA|Downtown Madison
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Floor plans
| 0BR/1.0BA | Studio | 1 bath | 500 sqft | $1,180 /mo | 1 unit available | ||
| 1BR/1.0BA | 1 bed | 1 bath | 500 sqft | $1,240 /mo | 2 units available | These studios and 1 bedroom apartments are located above August Shop on State Street. Each apartment has charm and character, with many units featuring hardwood floors, large windows, and views of the Capitol. Off-street parking is available nearby. |
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Amenities for SSPM - A
Apartment Amenities
| Breakfast Bar | Central Heat |
| Hardwood Floor | Heating |
| Trash | Water |
Appliances
| Oven/Range | Refrigerator |
Building
| Sewer |
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
Contact for more information on pet policy.
Building details
Property details
| Units | 3 |
|---|
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About SSPM - A
These studios and 1 bedroom apartments are located above August Shop on State Street. Each apartment has charm and character, with many units featuring hardwood floors, large windows, and views of the Capitol. Off-street parking is available nearby.
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 SSPM - A compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Downtown Madison
Studio apartments at SSPM - A cost about 5% more than the average rent price for studios in Downtown Madison.
1-bedroom apartments here are priced 17% lower than 1-bedrooms in Downtown Madison.
Median rents as of Sep 20 2025.
Downtown Madison
Madison
| Month | Median Rent |
|---|---|
| October 2023 | $1,170 |
| November 2023 | $1,236 |
| December 2023 | $1,150 |
| January 2024 | $1,150 |
| February 2024 | $1,150 |
| March 2024 | $1,256 |
| April 2024 | $1,225 |
| May 2024 | $1,257 |
| June 2024 | $1,293 |
| July 2024 | $1,363 |
| August 2024 | $1,345 |
| September 2024 | $1,313 |
| October 2024 | $1,177 |
| November 2024 | $1,205 |
| 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 | $1,135 |
| Month | Median Rent |
|---|---|
| October 2023 | $1,024 |
| November 2023 | $1,052 |
| December 2023 | $968 |
| January 2024 | $964 |
| February 2024 | $1,101 |
| March 2024 | $1,098 |
| April 2024 | $1,083 |
| May 2024 | $1,195 |
| June 2024 | $1,145 |
| July 2024 | $1,093 |
| August 2024 | $1,148 |
| September 2024 | $1,136 |
| October 2024 | $1,100 |
| November 2024 | $1,122 |
| 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 |
Affordability calculator
Can I afford to live at 414 State St?
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
$47,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,200 annually to afford this studio monthly rent price of $1,180.
For more information on rent affordability, visit our rent calculator.
Schools near SSPM - A
4K PK Off Site
545 w dayton st
madison, WI, 53703
PKPublic
Franklin Elementary School
305 w lakeside st
madison, WI, 53715
PK, K-2Public
B+
Randall Elementary School
1802 regent st
madison, WI, 53726
3-5Public
A-
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Internet available near SSPM - A
Getting around Madison near 414 State 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
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 414 State St, Madison
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
8/10
Variety of shops within a few minutes' walk
Cafes
7/10
Variety of cafés within walking distance
Restaurants
9/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
10/10
Variety of bars right on the street
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