Updated 1 Day Ago
Highlights
- On-site laundry
- Heat included
- Convenient location
Location
421 W Gilman St, Madison, WI 53703, USA|Downtown Madison
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Property Overview
421 W. Gilman Street receives a strong Zumper Expert Rating of 8.3 out of 10, indicating its appeal as a rental option. With a competitive price rating of 8 and an outstanding amenities rating of 10, it offers significant value and excellent living standards. The property excels in location with a rating of 9, providing easy access to parks, dining, and recreational options, all while maintaining transparency with a trustworthiness rating of 8.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Central heat- Eco-friendly trash disposal
- Extra storage
Great for
Social life
Wellness
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 1,100 sqft | $990 /mo | 1 unit available | 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. |
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Amenities for 421 W. Gilman Street
Apartment Amenities
| All Utilities Included | Bathtub |
| Central Heat | Den/Office Space |
| Gas | Hardwood Floor |
| 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 |
Other
| Storm Water | Three Season Porches |
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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
About 421 W. Gilman Street
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.
421 W. Gilman Street 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 421 W. Gilman Street compares to other nearby properties.
Positives
- Central heat
- Climate controlled environment
- Eco-friendly trash disposal
- This property has recycling pickup
- Extra storage
- In-unit features
- Fireplace
- In-unit features
- Outdoor space
- Easy access to the outdoors
Considerations
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Downtown Madison
2-bedroom apartments at 421 W. Gilman Street cost about 51% less than the average rent price for 2-bedroom apartments in Downtown Madison.
Median rents as of Oct 17 2026.
Downtown Madison
Madison
| Month | Median 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 |
| Month | Median 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 421 W Gilman St?
Bedrooms
2 bedroomsRent-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
$39,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,600 annually to afford this 2-bedrooms monthly rent price of $990.
For more information on rent affordability, visit our rent calculator.
Schools near 421 W. Gilman 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+
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-
Getting around Madison near 421 W Gilman 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 421 W Gilman 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 421 W Gilman St
Royal Mart
340 State St
Triangle Market
302 State St
Capitol Centre Market
111 N Broom St
Fresh Madison Market
703 University Ave
Bassett Food Mart
41 S Bassett St
Sconnie Nation
521 State St
Underground Prnting
521 State St
Raven Fjall Retail Lic
559 State St
Urban Outfitters
604 State St
Target
610 State St
Kung Fu Tea
449 State St
Coectio Coffee
583 State St
Supercharge! Juice Bar & Urban Farm
502 State St
Grace Coffee Co
417 State St
Colectivo Coffee
583 State St
Mondays
523 State St
Azara Hookah
429 State St
Dannys Pub
322 W Gorham St
Hawk's Bar & Grill
425 State St
Qdoba Mexican Eats
548 State St
Dough Baby Bakery LLC
511 State St
Mad Seafood Boiler
201 W Gorham St
Fresh Madison Market
703 University Ave
Clary's Gourmet Popcorn
105 State St
Dane County Farmers Market
2 E Main St
Elizabeth Link Peace Park
Park
Library Mall
Class of 1920 Memorial Plaza
Inspiration Garden
Freshfin Pok
432 W Gorham St
Brickhouse BBQ
408 W Gorham St
Chens Dumplings LLC
505 State St
Mondays
523 State St
Paul's Pel'meni
414 W Gilman St
University / N Bassett
Route C, Route D, Route R, Route 28, Route 38, Route 65
N Broom / W Gorham
Route C, Route 38, Route 65
W Johnson / N Bassett
Route D, Route R, Route 28
State Street
Rapid Route A, Route B, Route F
State / W Gorham
Route R
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