Zumper
modified
1 Day Ago

Highlights

  • Large walk-in closet
  • Two-bedroom + den unit
  • Furnished
  • Essentials
  • Built in closet organizers
  • Den

Location

505 University Ave, Madison, WI 53703, USA|Downtown Madison
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Contact

Management

Shorewood Apartments LLC

Leasing office

(608) 256-7368

Property Overview

Embassy has an overall Zumper expert rating of 7.6, reflecting its suitability for renters along with a competitive price rating of 7 for its amenities and location. The property excels with an amenities rating of 9, featuring a large walk-in closet, den, and furnished units, alongside a prime location rated 9 for access to parks, restaurants, and transit options. Additionally, it stands out in the 83.02 percentile for value per square foot, emphasizing environmental sustainability and an active social life.

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

7.6
Very Good
Embassy is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • More space

Great for

  • Social life
  • Eco living

Floor plans

4BR/2.0BA4 bed2 bath1,350 sqft$5,050 /mo1 unit available

Let's explore this property.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units126
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About Embassy

HomeApartments in MadisonDowntown Madison Embassy

Embassy cost $5,050 per month. Located at 505 University Ave, Madison, WI 53703, USA, Embassy has 4 bedroom units available. Based on the average rent price of 4 bedrooms in Madison, renting an apartment at Embassy is 53% more expensive per month.Other apartment buildings in or around Madison include but are not limited to: 131 N Bedford St, 210 Lakelawn Pl


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.
7.6
/10
Very Good
Embassy is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated Embassy
Price·7A 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.
While the monthly rent is more than the median price per bedroom of nearby properties, Embassy has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
Amenities·9A 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.
Embassy goes above and beyond to provide sought-after conveniences and desirable perks, including building or unit level amenities. Renters looking for popular or luxurious features will find them here—and for that reason, Embassy receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Embassy 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 Embassy 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.
Embassy 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.

Embassy is great for:

Social life

  • 320 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • The area has transit options
  • Area has 51 parks and recreation options

Eco living

  • You can get around by foot in this area
  • 51 parks within a mile
  • Public transit 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 Embassy compares to other nearby properties.

Positives

More space
The 3-bedroom is 348 sqft larger than other 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

4-bedroom apartments at Embassy cost about 106% more than the average rent price for 4-bedroom apartments in Downtown Madison.

Median rents as of Feb 28 2026.
Downtown Madison
Madison
A table of studio rental data trends in Madison
MonthMedian Rent
March 2024$1,258
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
A table of studio rental data trends in Downtown Madison
MonthMedian Rent
March 2024$1,095
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

Affordability calculator

Can I afford to live at 505 University Ave?

Bedrooms

4+ 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

$202,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $202,000 annually to afford this 4-bedrooms monthly rent price of $5,050.
For more information on rent affordability, visit our rent calculator.

Schools near Embassy

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+

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 Embassy

Getting around Madison near 505 University Ave

Walking

9/10
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 505 University Ave, Madison

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

6/10
At least one elementary school within a 15-minute walk

High schools

6/10
At least one high school within a 15-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

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

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