4 Days Ago
Location
316 N Butler St, Madison, WI 53703, USA|Downtown Madison
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Property Overview
316 achieves an impressive Zumper Expert Rating of 9.4, showcasing its exceptional balance of price and value with a perfect price rating of 10. The property offers a wealth of amenities, scoring 10 out of 10, and enjoys a location rating of 9, providing easy access to various cultural and recreational venues. Additionally, the abundance of photos and high percentiles for value help convey its attractiveness for renters seeking a vibrant social and fitness-oriented lifestyle.
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
More space- Less expensive
- Dishwasher
Great for
Social life
Wellness
Floor plans
| 316 N. Butler St. #102 | Studio | 1 bath | 525 sqft | $1,025 /mo | 1 unit available | ||
| 316 N. Butler St. #1A | Studio | 1 bath | 525 sqft | $1,200 /mo | 1 unit available | ||
| 316 N. Butler St. #103 | 1 bed | 1 bath | 525 sqft | $1,095 /mo | 1 unit available | ||
| 316 N. Butler St. #602 | 1 bed | 1 bath | 525 sqft | $1,240 /mo | 1 unit available | ||
| 316 N. Butler St. #304 | 1 bed | 1 bath | 525 sqft | $1,250 /mo | 1 unit available | ||
| 316 N. Butler St. #404 | 1 bed | 1 bath | 525 sqft | $1,255 /mo | 1 unit available | ||
| 316 N. Butler St. #401 | 1 bed | 1 bath | 525 sqft | $1,255 /mo | 1 unit available | ||
| 316 N. Butler St. #502 | 1 bed | 1 bath | 525 sqft | $1,280 /mo | 1 unit available | ||
| 316 N. Butler St. #104 | 1 bed | 1 bath | 525 sqft | $1,390 /mo | 1 unit available | ||
| 316 N. Butler St. #303 | 1 bed | 1 bath | 525 sqft | $1,420 /mo | 1 unit available | ||
| 316 N. Butler St. #302 | 1 bed | 1 bath | 525 sqft | $1,420 /mo | 1 unit available | ||
| 316 N. Butler St. #501 | 1 bed | 1 bath | 525 sqft | $1,450 /mo | 1 unit available | ||
| 316 N. Butler St. #2A | 3 bed | 3 bath | 525 sqft | $2,980 /mo | 1 unit available |
Let's explore this property.
Amenities for 316
Apartment Amenities
| Air Conditioning | Central Air Conditioning |
| Central Heat | Gas |
| Heating | Lake Views |
| Private Entrance |
Appliances
| Air Conditioning Unit | Dishwasher |
| Garbage Disposal | Microwave |
| Range | Refrigerator |
| Stainless Dishwasher | Stainless Fridge |
| Stainless Microwave | Stainless Refrigerator |
| Stainless Stove | Stove |
Building
| Elevator | Onsite Laundry |
Grounds
| Onsite Parking Available |
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
Building details
Property details
| Units | 26 |
|---|
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About 316
316 cost $1,025–$2,980 per month. A couple amenities for this apartment building include but are not limited to: on-site laundry and elevator. Located at 316 N Butler St, Madison, WI 53703, USA, 316 has studio — 3 bedroom units available. Based on the average rent price of 3 bedrooms in Madison, renting an apartment at 316 is 26% more expensive per month.Other apartment buildings in or around Madison include but are not limited to: 4802 Burma Rd, 17 Mesa Ct, 525 E Main St, 9 Kings Mill Cir
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.
9.4
/10
Excellent316 is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
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.
316 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.
316 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, 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.
316 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·9A 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.
316 has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
316 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 316 compares to other nearby properties.
Positives
- More space
- Studio is 175 sqft larger than other listings nearby
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Elevator
- Improved accessibility features
- Images Available
- There are at least 10 photos of this address
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Rent trends in Downtown Madison
Studio apartments at 316 cost about 11% less than the average rent price for studios in Downtown Madison.
1-bedroom apartments here are priced 17% lower than 1-bedrooms in Downtown Madison.
3-bedroom apartments at 316 cost about 29% more than the average rent price for 3-bedroom apartments in Downtown Madison.
Median rents as of Mar 21 2026.
Downtown Madison
Madison
| Month | Median Rent |
|---|---|
| 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 | $1,140 |
| October 2025 | $1,165 |
| November 2025 | $1,195 |
| December 2025 | $1,195 |
| January 2026 | $1,217 |
| February 2026 | $1,257 |
| March 2026 | $1,267 |
| Month | Median Rent |
|---|---|
| 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 |
| October 2025 | $1,127 |
| November 2025 | $1,181 |
| December 2025 | $1,250 |
| January 2026 | $1,242 |
| February 2026 | $1,251 |
| March 2026 | $1,250 |
Affordability calculator
Can I afford to live at 316 N Butler 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
$44,500/yr
With your selected rent-to-income ratio, you'd ideally want to make $44,500 annually to afford this studio median monthly rent price of $1,112.
For more information on rent affordability, visit our rent calculator.
Schools near 316
4K PK Off Site
545 w dayton st
madison, WI, 53703
PKPublic
Lapham Elementary School
1045 e dayton st
madison, WI, 53703
PK, K-2Public
B+
Marquette Elementary School
1501 jenifer st
madison, WI, 53703
3-5Public
A-
Mendota Mental Health Institution
301 troy dr
madison, WI, 53704
PK, K-12Public
Forest Edge Elementary School
4848 brassica rd
fitchburg, WI, 53711
PK, K-6Public
A-
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Internet available near 316
Getting around Madison near 316 N Butler St
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 316 N Butler St, Madison
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
7/10
Several bars within a few minutes’ walk
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