3 Hours Ago
Location
515 State St, Madison, WI 53703, USA|Downtown Madison
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Floor plans
| One Bed, One Bath | 1 bed | 1 bath | 655 sqft | $1,450 /mo | 1 unit available | You'll love living in this central, downtown, State Street location. Choose between 1, 2, or 3 bedroom apartments with spacious floor plans and great views of State Street, the Capitol, and Gilman Street. Remodeled units are available and some feature a shared patio or balcony facing State Street. Coin-operated laundry and storage is located in the basement and off-street parking is available. | |
| One Bed, One Bath Remodeled | 1 bed | 1 bath | 675 sqft | $1,510 /mo | 2 units available | You'll love living in this central, downtown, State Street location. Choose between 1, 2, or 3 bedroom apartments with spacious floor plans and great views of State Street, the Capitol, and Gilman Street. Remodeled units are available and some feature a shared patio or balcony facing State Street. Coin-operated laundry and storage is located in the basement and off street parking is available. | |
| Two Bed, One Bath | 2 bed | 1 bath | 765 sqft | $2,220 /mo | 1 unit available | You'll love living in this central, downtown, State Street location. Choose between 1, 2, or 3 bedroom apartments with spacious floor plans and great views of State Street, the Capitol, and Gilman Street. Remodeled units are available and some feature a shared patio or balcony facing State Street. Coin-operated laundry and storage is located in the basement and off street parking is available. | |
| Two Bed, One Bath Remodeled | 2 bed | 1 bath | 920 sqft | $2,370 /mo | 2 units available | You'll love living in this central, downtown, State Street location. Choose between 1, 2, or 3 bedroom apartments with spacious floor plans and great views of State Street, the Capitol, and Gilman Street. Remodeled units are available and some feature a shared patio or balcony facing State Street. Coin-operated laundry and storage is located in the basement and off street parking is available. | |
| Three Bedroom, Two Bath | 3 bed | 2 bath | 1,220 sqft | $3,440 /mo | 2 units available |
Let's explore this property.
Amenities for 515 State Street
Apartment Amenities
| Balcony | Trash |
| Water |
Appliances
| Dishwasher | Microwave |
| Oven/Range | Refrigerator |
| Stainless Steel Appliances |
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 | 15 |
|---|
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About 515 State Street
- You'll love living in this central, downtown, State Street location. Choose between 1, 2, or 3 bedroom apartments with spacious floor plans and great views of State Street, the Capitol, and Gilman Street. Remodeled units are available and some feature a shared patio or balcony facing State Street. Coin-operated laundry and storage is located in the basement and off-street parking is available.- You'll love living in this central, downtown, State Street location. Choose between 1, 2, or 3 bedroom apartments with spacious floor plans and great views of State Street, the Capitol, and Gilman Street. Remodeled units are available and some feature a shared patio or balcony facing State Street. Coin-operated laundry and storage is located in the basement and off street parking is available.
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 515 State Street compares to other nearby properties.
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Downtown Madison
1-bedroom apartments here are priced 1% lower than 1-bedrooms in Downtown Madison.
If you decide to upgrade your space, you can expect 2-bedrooms at 515 State Street to be 15% more than the average for similarly sized apartments in Downtown Madison.
3-bedroom apartments at 515 State Street cost about 37% more than the average rent price for 3-bedroom apartments 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 515 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
$59,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $59,200 annually to afford this 1-bedroom median monthly rent price of $1,480.
For more information on rent affordability, visit our rent calculator.
Schools near 515 State Street
4K PK Off Site
545 w dayton st
madison, WI, 53703
PKPublic
Randall Elementary School
1802 regent st
madison, WI, 53726
3-5Public
A-
Franklin Elementary School
305 w lakeside st
madison, WI, 53715
PK, K-2Public
B+
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Internet available near 515 State Street
Getting around Madison near 515 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
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 515 State St, Madison
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 515 State St
Royal Mart
340 State St
Triangle Market
302 State St
Capitol Centre Market
111 N Broom St
Lake Mills Market, LLC
111 N Broom St
Bassett Food Mart
41 S Bassett St
Sconnie Nation
521 State St
Raven Fjall Retail Lic
559 State St
Name of the Game
427 State St
Target
610 State St
Urban Outfitters
604 State St
Coectio Coffee
583 State St
Colectivo Coffee
583 State St
Supercharge! Juice Bar & Urban Farm
502 State St
Crave Coffee
604 University Ave
Fair Trade Coffee House
418 State St
Nomad World Pub
408 W Gorham St
Mondays
523 State St
Azara Hookah
429 State St
Dannys Pub
322 W Gorham St
Hawk's Bar & Grill
425 State St
Dough Baby Bakery LLC
511 State St
Sucre LLC
20 W Mifflin St
Greenbush Bakery, Inc
1305 Regent St
Greenbush Bakery Inc
1402 Regent St
Humble
831 E Johnson St
Peace (Elizabeth Link) Park
Pinckney (North) Street End
Period Garden Park
Proudfit Park
Olin Terrace Park
Freshfin Pok
432 W Gorham St
Brickhouse BBQ
408 W Gorham St
Chens Dumplings LLC
505 State St
Jimmy John's
527 State St
Mondays
523 State St
N Broom / W Gorham (NB)
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University / N Frances (WB)
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W Johnson / N Broom (EB)
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State / W Gorham (WB)
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N Broom / W Dayton (NB)
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