20 Hours Ago
Highlights
- Controlled access
- Bike storage
- Additional storage
- Snow/ice removal
Location
106 S Hancock St, Madison, WI 53703, USA|Downtown Madison
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Property Overview
106 S. Hancock Street receives a strong Zumper Expert Rating of 8, reflecting its competitive pricing and excellent amenities, with standout features including controlled access and bike storage. The property is ideally located near 29 parks, 273 mixed-use spaces, and numerous recreational sites, enhancing social and fitness opportunities. With a trustworthiness rating of 8, prospective renters can expect transparency and clarity regarding the property's offerings.
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
Less expensive- Middle school nearby
Great for
Wellness
Social life
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 450 sqft | $990 /mo | 3 units available | Rental Promotion: One Month Free! Welcome to our charming studio apartment in the heart of Madison, WI. This cozy space features hardwood floors, a bathtub for relaxation, and additional storage for your convenience. The building offers controlled access for added security, as well as amenities such as water softener, lawncare, and snow/ice removal. Located near a bus stop and bike storage, this apartment is perfect for those who enjoy easy access to transportation options. With its proximity to the Capitol and Breese Stevens Field, you'll have plenty of opportunities to explore all that Madison has to offer. Don't miss out on this fantastic opportunity to make this apartment your new home! Virtual tour: https my matterport com show ?m=fWZwEoJMJCN&help=1 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.
Amenities for 106 S. Hancock Street
Apartment Amenities
| Bathtub | Central Heat |
| Hardwood Floor | Heat Included |
| Heating | Hot Water |
Appliances
| Gas Range | Range |
| Refrigerator |
Building
| Bike Storage | Controlled Access |
| Controlled Access Building | Onsite Laundry |
| Sewer |
Grounds
| Assigned Parking | Storage |
Services
| Lawn Care | Snow & Ice Removal |
| Trash and Recycling | Water Softener |
Neighborhood
| Near Breese Stevens Field | Near Bus Stops |
Other
| Storm Water |
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
No pets allowed.
Parking
| Assigned Parking | Contact for Price |
|---|
Building details
Property details
| Units | 30 |
|---|
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About 106 S. Hancock Street
Rental Promotion: One Month Free! Welcome to our charming studio apartment in the heart of Madison, WI. This cozy space features hardwood floors, a bathtub for relaxation, and additional storage for your convenience. The building offers controlled access for added security, as well as amenities such as water softener, lawncare, and snow/ice removal. Located near a bus stop and bike storage, this apartment is perfect for those who enjoy easy access to transportation options. With its proximity to the Capitol and Breese Stevens Field, you'll have plenty of opportunities to explore all that Madison has to offer. Don't miss out on this fantastic opportunity to make this apartment your new home! Virtual tour: https my matterport com show ?m=fWZwEoJMJCN&help=1 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.
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.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 106 S. Hancock Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 106 S. Hancock Street has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A 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.
Scoring a 8/10, 106 S. Hancock Street is a great option for renters looking for apartments in Downtown Madison. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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.
106 S. Hancock Street goes above and beyond to provide sought-after conveniences and desirable perks, including assigned parking. Renters looking for popular or luxurious features will find them here—and for that reason, 106 S. Hancock Street 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.
106 S. Hancock Street 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 106 S. Hancock Street 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.
106 S. Hancock 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 106 S. Hancock Street compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.4 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Downtown Madison
studio apartments at 106 S. Hancock Street cost about 15% less than the average rent price for studio apartments in Downtown Madison.
Median rents as of Aug 30 2025.
Downtown Madison
Madison
| Month | Median Rent |
|---|---|
| September 2023 | $1,298 |
| 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 | $1,292 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,074 |
| 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 | $1,165 |
Affordability calculator
Can I afford to live at 106 S Hancock St?
Bedrooms
StudioRent-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 studio monthly rent price of $990.
For more information on rent affordability, visit our rent calculator.
Schools near 106 S. Hancock Street
Lapham Elementary School
1045 e dayton st
madison, WI, 53703
PK, K-2Public
B+
4K PK Off Site
545 w dayton st
madison, WI, 53703
PKPublic
Marquette Elementary School
1501 jenifer st
madison, WI, 53703
3-5Public
A-
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Internet available near 106 S. Hancock Street
Getting around Madison near 106 S Hancock St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 106 S Hancock St, Madison
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Some 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
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
9/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 106 S Hancock St
Festival Foods
810 E Washington Ave
Twentieth Century Markets, Incorpor
150 E Gilman St
Triangle Market
302 State St
Capitol Centre Market
111 N Broom St
Lake Mills Market, LLC
111 N Broom St
Context Clothing
113 King St
Jazzman & Duet
309 State St
Orange Shoe Personal Fitness
1 E Main St
Woman's Touch A
302 S Livingston St
Change Boutique
305 S Livingston St
Good Day Cafe
101 S Webster St
Ancora Cafe + Bakery
112 King St
Colectivo Coffee
25 S Pinckney St
Juicy Organics
5 N Pinckney St
Starbucks
1 E Main St
Park Central
126 S Franklin St
High Noon Saloon LLC
155 E Wilson St
Little Palace
225 King St
Argus Bar & Grill
123 E Main St
Come Back in
508 E Wilson St
Sucre LLC
20 W Mifflin St
Humble
831 E Johnson St
Madison Sourdough
916 Williamson St
Dough Baby Bakery LLC
511 State St
Paleo Mama Bakery
409 S Few St
Olin Terrace Park
Law Park
Blount Street (South) Street End
Kerr - Mcgee Triangle Park
Period Garden Park
Garibaldi Mexican Restaurant
117 S Butler St
Good Day Cafe
101 S Webster St
Hutong
410 E Wilson St
Natt Spil
211 King St
Little Palace
225 King St
E Wilson / S Butler (EB)
,
E Wilson / S Butler (WB)
,
E Washington / S Webster (EB)
,
E Wilson / S Blair (WB)
,
E Washington / S Blair (EB)
,
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