4 Days Ago
Location
702 Algoma St, New London, WI 54961, USA
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Property Overview
Algoma & Hancock Quad receives an impressive Zumper expert rating of 8.8, highlighting its excellent balance of price, amenities, and location. With a price rating of 10 and amenities rated at 10, the property stands out for its competitive pricing and high-quality offerings. Additionally, its location rating of 9 reflects ease of access to schools and key points of interest, while a trustworthiness rating of 8 signifies transparency in listings. The property is also recognized for its pet-friendly features and nearby outdoor spaces.
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
Elementary school nearby- High school nearby
- Less expensive
Great for
Pet owners
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $695–$745 /mo | 2 units available | Welcome to our charming 1 bedroom apartment in the heart of New London, WI. This cozy space offers a perfect blend of modern convenience and historic charm. As you step inside, you'll be greeted by high ceilings and original hardwood floors, creating a warm and inviting atmosphere. The private entrance ensures your privacy and adds an extra touch of exclusivity to your living experience. With parking available, you'll have no trouble finding a spot for your vehicle. Additionally, the coin-op washer and dryer make laundry day a breeze, saving you time and effort with the laundry room right next to your unit. Whether you're a busy professional or a student looking for a comfortable place to call home, this apartment is perfect for those seeking a peaceful and convenient lifestyle. Don't miss out on the opportunity to live in this unique space and experience the beauty of this one-bedroom gem in New London. Tenant(s) will pay all utilities directly through New London Utilities. Lawncare / Snow Removal are covered by the Management Company, tenant(s) will be responsible for removing snow from around personal items and off the deck. Contact us today to schedule a tour! Security deposit of $745.00 and first month's rent of $745.00 will be due at time of move in. One year lease is required. Must be able to provide proof of income and pass a credit/background check to be considered. To complete an application form and see other available units, visit our website by following the link below: http rueschmanagement com apartments html |
Let's explore this property.
Amenities for Algoma & Hancock Quad
Apartment Amenities
| Hardwood Floor | High Ceiling |
| High Ceilings | No Utilities Included |
| Original Hardwood Floor | Private Entrance |
Appliances
| Fridge | In-Unit Laundry |
| Range | Refrigerator |
| Stove |
Building
| Coin-op Washer and Dryer | Dogs OK |
Grounds
| Assigned Parking |
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
Dog policy
| Allowed | |
|---|---|
| Limit | 1 |
Cat policy
| Not Allowed | |
|---|---|
| Limit | 1 |
1 pet maximum.
Parking
| Assigned Parking | Contact for Price |
|---|
Building details
Property details
| Units | 4 |
|---|
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About Algoma & Hancock Quad
Welcome to our charming 1 bedroom apartment in the heart of New London, WI. This cozy space offers a perfect blend of modern convenience and historic charm. As you step inside, you'll be greeted by high ceilings and original hardwood floors, creating a warm and inviting atmosphere. The private entrance ensures your privacy and adds an extra touch of exclusivity to your living experience. With parking available, you'll have no trouble finding a spot for your vehicle. Additionally, the coin-op washer and dryer make laundry day a breeze, saving you time and effort with the laundry room right next to your unit. Whether you're a busy professional or a student looking for a comfortable place to call home, this apartment is perfect for those seeking a peaceful and convenient lifestyle. Don't miss out on the opportunity to live in this unique space and experience the beauty of this one-bedroom gem in New London. Tenant(s) will pay all utilities directly through New London Utilities. Lawncare / Snow Removal are covered by the Management Company, tenant(s) will be responsible for removing snow from around personal items and off the deck. Contact us today to schedule a tour! Security deposit of $745.00 and first month's rent of $745.00 will be due at time of move in. One year lease is required. Must be able to provide proof of income and pass a credit/background check to be considered. To complete an application form and see other available units, visit our website by following the link below: http rueschmanagement com apartments html
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, Algoma & Hancock Quad is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Algoma & Hancock Quad 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.
Algoma & Hancock Quad 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.
Algoma & Hancock Quad 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—dogs 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.
Algoma & Hancock Quad 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 Algoma & Hancock Quad 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.
Algoma & Hancock Quad 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 Algoma & Hancock Quad compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
- Lacks images
- Fewer than 10 photos available for this location
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in New London
1-bedroom apartments at Algoma & Hancock Quad cost about 1% less than the average rent price for 1-bedroom apartments in New London.
Median rents as of Aug 31 2025.
New London
| Month | Median Rent |
|---|---|
| February 2024 | $695 |
| March 2024 | $695 |
| May 2025 | $699 |
| June 2025 | $756 |
| July 2025 | $765 |
| August 2025 | $699 |
Affordability calculator
Can I afford to live at 702 Algoma St?
Bedrooms
1 bedroomRent-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
$27,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $27,800 annually to afford this 1-bedroom monthly rent price of $695.
For more information on rent affordability, visit our rent calculator.
Schools near Algoma & Hancock Quad
Lincoln Elementary School
201 e washington st
new london, WI, 54961
PK, K-4Public
B
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Internet available near Algoma & Hancock Quad
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around New London near 702 Algoma St
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.
Points of interest for 702 Algoma St, New London
Groceries
5/10
At least one grocery store within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
6/10
At least one high school within a 30-minute walk
Nightlife
3/10
Few or no bars within walking distance
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