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421 W. Gilman Street presents an excellent renting opportunity, highlighted by its prime location and comprehensive amenities such as on-site laundry and virtual tours. With an impressive Zumper expert rating of 8.3, it reflects a strong balance of price and value at 8 out of 10, while its amenities and location earn top ratings of 10 and 9, respectively. Additionally, it ranks in the 97.44 percentile for value for money and value per square foot, showcasing its competitive standing in the market.
Things you’ll love
More spaceLess expensiveFireplaceGreat for
Social life
Wellness| 2BR/1.0BA | 2 bed | 1 bath | 775+ sqft | $1,300 /mo | 2 units available | Rental Promotion: One Month Free! Welcome to our charming 2 bedroom, 1 bathroom apartment in the heart of Madison, WI. This cozy unit boasts wood floors, a large kitchen, den/office space, and a separate dining room perfect for entertaining. Enjoy the convenience of having all utilities included and on-site laundry facilities. Relax and unwind in the three season porch or take advantage of the off-street parking available. Located near State Street, this apartment offers a prime location with easy access to shopping, dining, and entertainment options. Don't miss out on this fantastic opportunity to call this apartment your new home! Take a Virtual tour: https my matterport com show ?m=vDbBiJu6hiq APPLICATION PROCESS 1. Go to waypointpmservices. com and click on “Wisconsin” pull down tab in the upper right-hand corner. Click on “Available Rentals” in middle. Scroll down to find a unit of interest. Click on “Apply now” under unit description. Each roommate needs to fill out and submit their own application. If the combined income is not at least 3x the monthly rent amount, all applicants will need to have a co-signor apply. (If you are interested in more than one unit, ONE application will do.) 2. Once we have all applications, we will contact one or all of you to schedule a tour of the unit(s). 3. Waypoint PM Services will make sure all applicants and/or co-signors have submitted residential and income information. We will reach out for those references. (To make the process quicker, you can submit 2-3 of your most recent pay stubs for income proof when you apply.) 4. After the tour, Waypoint PM Services will send each applicant and/or co-signor a link to complete our background check. There is a $27 fee to complete this. We will be checking housing history, income, credit history, and eviction history. 5. Once background checks are submitted, if approved, Waypoint will touch base with applicants for a move-in date and prepare a lease to send to all applicants and/or co-signor emails for signatures. 6. All applicants and/or co-signors will have 48 hours to sign lease documents and pay security deposit on their online portal, or Waypoint will move to next in line. |
Let's explore this property.
Apartment Amenities
| All Utilities Included | Bathtub |
| Central Heat | Den/Office Space |
| Faux Fireplace | Fireplace |
| Gas | Hardwood Floor |
| Heat Included | Heating |
| Large Kitchen | Separate Dining Room |
Appliances
| Electric | Gas Range |
| Range | Refrigerator |
Building
| Bike Storage | Carport |
| Controlled Access | Controlled Access Building |
| Onsite Laundry |
Grounds
| Off Street Parking Available | Outdoor Space |
| Storage |
Services
| Lawn Care | Snow & Ice Removal |
| Trash and Recycling |
Neighborhood
| Convenient Location | Near Bus Stops |
| Near Campus | Restaurants Nearby |
Other
| Storm Water | Three Season Porches |
No pets allowed.
Questions about this property’s policies and fees?
| Units | 4 |
|---|
Rental Promotion: One Month Free! Welcome to our charming 2 bedroom, 1 bathroom apartment in the heart of Madison, WI. This cozy unit boasts wood floors, a large kitchen, den/office space, and a separate dining room perfect for entertaining. Enjoy the convenience of having all utilities included and on-site laundry facilities. Relax and unwind in the three season porch or take advantage of the off-street parking available. Located near State Street, this apartment offers a prime location with easy access to shopping, dining, and entertainment options. Don't miss out on this fantastic opportunity to call this apartment your new home! Take a Virtual tour: https my matterport com show ?m=vDbBiJu6hiq APPLICATION PROCESS 1. Go to waypointpmservices. com and click on “Wisconsin” pull down tab in the upper right-hand corner. Click on “Available Rentals” in middle. Scroll down to find a unit of interest. Click on “Apply now” under unit description. Each roommate needs to fill out and submit their own application. If the combined income is not at least 3x the monthly rent amount, all applicants will need to have a co-signor apply. (If you are interested in more than one unit, ONE application will do.) 2. Once we have all applications, we will contact one or all of you to schedule a tour of the unit(s). 3. Waypoint PM Services will make sure all applicants and/or co-signors have submitted residential and income information. We will reach out for those references. (To make the process quicker, you can submit 2-3 of your most recent pay stubs for income proof when you apply.) 4. After the tour, Waypoint PM Services will send each applicant and/or co-signor a link to complete our background check. There is a $27 fee to complete this. We will be checking housing history, income, credit history, and eviction history. 5. Once background checks are submitted, if approved, Waypoint will touch base with applicants for a move-in date and prepare a lease to send to all applicants and/or co-signor emails for signatures. 6. All applicants and/or co-signors will have 48 hours to sign lease documents and pay security deposit on their online portal, or Waypoint will move to next in line.
How 421 W. Gilman Street compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 421 W. Gilman Street cost about 35% less than the average rent price for 2-bedroom apartments in Downtown Madison.
| Month | Median Rent |
|---|---|
| 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 | $1,140 |
| October 2025 | $1,166 |
| Month | Median Rent |
|---|---|
| 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 |
| October 2025 | $1,129 |
Can I afford to live at 421 W Gilman St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$52,000/yr
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