1 Day Ago
Highlights
- Snow/ice removal
- Controlled access building
Location
106 S Hancock St, Madison, WI 53703, USA|Downtown Madison
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Property Overview
106 S. Hancock Street exhibits a strong overall performance with a Zumper expert rating of 8.6, supported by a competitive price rating of 10 and high marks for amenities (9) and location (9). Key features include snow and ice removal and controlled access, enhancing the living experience. With convenient access to numerous grocery stores, parks, restaurants, and recreational options, this property aligns well for those valuing fitness and a vibrant social life while also ensuring trustworthiness with an 8 rating.
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
- Walk-in closet
Great for
Social life
Work-from-home
Wellness
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 450+ sqft | $990–$1,140 /mo | 15 units available | Welcome to our charming studio apartment in the heart of Madison, WI. This cozy unit features a full bathroom with a bathtub, perfect for relaxing after a long day. Residents will enjoy the convenience of a water softener, additional storage space, and controlled access to the building for added security. With bike storage available, exploring the city is a breeze. Located near the Capitol, bus stops, and Breese Stevens Field, this apartment offers easy access to all that Madison has to offer. Don't miss out on this fantastic opportunity to call this studio apartment home. Heat and water utilities are included! Contact us today for more information. Take a video tour of a similar apartment with the same floor plan at 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. |
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Amenities for 106 S. Hancock Street
Apartment Amenities
| Bathtub | Central Heat |
| Charming | Hardwood Floor |
| Heat Included | Heating |
| Hot Water | Lots Of Windows |
| Utilities Included | Walk-in Closet |
| Water and Sewer Included | Water Included |
Appliances
| Gas Range | Range |
| Refrigerator |
Building
| Bike Storage | Controlled Access |
| Controlled Access Building | Onsite Laundry |
| Water/Sewer |
Grounds
| Assigned Parking | Storage |
Services
| 24 Hour Emergency Service | Lawn Care |
| Snow & Ice Removal | Trash and Recycling |
| Water Softener |
Neighborhood
| Grocery Store Nearby | Near Breese Stevens Field |
| Near Bus Stops | Near Farmers Market |
| Near State Street | On Bus Line |
Other
| Flexible Lease Terms | Online Rent Payment |
| 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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 30 |
|---|
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About 106 S. Hancock Street
Welcome to our charming studio apartment in the heart of Madison, WI. This cozy unit features a full bathroom with a bathtub, perfect for relaxing after a long day. Residents will enjoy the convenience of a water softener, additional storage space, and controlled access to the building for added security. With bike storage available, exploring the city is a breeze. Located near the Capitol, bus stops, and Breese Stevens Field, this apartment offers easy access to all that Madison has to offer. Don't miss out on this fantastic opportunity to call this studio apartment home. Heat and water utilities are included! Contact us today for more information. Take a video tour of a similar apartment with the same floor plan at 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.
8.3
/10
Very GoodWith a solid 8.3 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·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.
106 S. Hancock Street 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, 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.
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
- Walk-in closet
- More closet space on average
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 21% less than the average rent price for studio apartments in Downtown Madison.
Median rents as of Jan 31 2026.
Downtown Madison
Madison
| Month | Median Rent |
|---|---|
| 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 | $1,165 |
| November 2025 | $1,195 |
| December 2025 | $1,195 |
| January 2026 | $1,217 |
| Month | Median Rent |
|---|---|
| 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 | $1,127 |
| November 2025 | $1,181 |
| December 2025 | $1,250 |
| January 2026 | $1,242 |
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
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