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Updated 2 Days Ago

Highlights

  • Pet Friendly
  • Modern apartment homes
  • Downtown living
  • Well-maintained building

Location

451 W Wilson St, Madison, WI 53703, USA|Downtown Madison
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Tour Lake Park

Contact

Management

McGrath Property Group

Leasing office

(608) 616-0705

Property Overview

Lake Park stands out for its modern apartment homes, downtown living, and well-maintained building, along with strong overall value and convenience. Its high ratings for amenities, price, and location, plus nearby dining, cultural options, parks, and pet-friendly resources, suggest a balanced, appealing living experience with a solid level of trustworthiness.

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.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, Lake Park is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lake Park has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • More space
  • Eco-friendly trash disposal

Great for

  • Pet owners
  • Social life

Floor plans

1C1 bed1 bath778 sqft$1,990 /mo1 unit available
2D2 bed2 bath1,091 sqft$2,995 /mo1 unit available

Let's explore this property.

Amenities for Lake Park

Apartment Amenities

Air ConditioningWalk-in Closet

Appliances

DishwasherGarbage Disposal
In-Unit LaundryMicrowave
RangeRefrigerator
StoveWasher and Dryer

Building

Cats OKControlled Access
Dogs OKElevator
Onsite Laundry

Grounds

Assigned ParkingSmoke Free Community

Services

Trash and Recycling

Other

Online Payments
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

Parking Policy

Assigned Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units40

About Lake Park

HomeApartments in MadisonDowntown Madison Lake Park

Discover comfortable downtown living at Lake Park Apartments in the heart of Madison. Perfectly located just blocks from the Capitol, Lake Monona, and vibrant State Street, Lake Park offers residents convenient access to dining, entertainment, and scenic lakeside trails. The community features modern apartment homes in a well-maintained building designed for both comfort and convenience. Enjoy easy access to public transit, nearby parks, and the best of downtown Madison while living in a welcoming residential setting that keeps you connected to everything the city has to offer.


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.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, Lake Park is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lake Park has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Lake Park
Price·9A 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.
Lake Park stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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.
Lake Park 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.
Lake Park 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 Lake Park does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
Lake Park provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Lake Park is great for:

Pet owners

  • 1 dog park within 1 mile
  • 1 pet grooming service nearby
  • 3 pet supply stores near the property
  • 1 pet hospital in the area

Social life

  • 268 restaurants within 1 mile of this property
  • 89 museums, art galleries, or cultural centers within 1 mile
  • Area has 39 parks and recreation options
  • 25 theaters, music venues, or sports arenas 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 Lake Park compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.3 miles away
More space
The 1-bedroom is 163 sqft larger than other listings nearby
More space
The 2-bedroom is 231 sqft larger than other listings nearby
Eco-friendly trash disposal
This property has recycling pickup
Elevator
Improved accessibility features
Walk-in closet
More closet space on average

Considerations

Greater distance from high schools
The nearest high school is farther than 1.4 miles away

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Rent trends in Downtown Madison

1-bedroom apartments here are priced 35% higher than 1-bedrooms in Downtown Madison.

If you decide to upgrade your space, you can expect 2-bedrooms at Lake Park to be 47% more than the average for similarly sized apartments in Downtown Madison.

Median rents as of Oct 17 2026.
Downtown Madison
Madison
A table of studio rental data trends in Madison
MonthMedian Rent
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
April 2026$1,276
May 2026$1,213
June 2026$1,258
July 2026$1,297
August 2026$1,308
September 2026$1,175
October 2026$1,193
A table of studio rental data trends in Downtown Madison
MonthMedian Rent
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
April 2026$1,260
May 2026$1,105
June 2026$1,117
July 2026$1,111
August 2026$1,138
September 2026$1,128
October 2026$1,151

Affordability calculator

Can I afford to live at 451 W Wilson 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

$79,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $79,600 annually to afford this 1-bedroom monthly rent price of $1,990.
For more information on rent affordability, visit our rent calculator.

Schools near Lake Park

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-

Forest Edge Elementary School

4848 brassica rd

fitchburg, WI, 53711

PK, K-6Public
A-

Mendota Mental Health Institution

301 troy dr

madison, WI, 53704

PK, K-12Public
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Getting around Madison near 451 W Wilson St

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

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

5/10
Frequent public transit options are within walking distance.

Points of interest for 451 W Wilson St, Madison

Groceries

8/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

7/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

9/10
Wide variety of cafés within a few minutes’ walk

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

9/10
Very large amount of park space within a few minutes' walk

Nightlife

9/10
Exceptional variety of bars right within a few minutes’ walk

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