Updated 8 Hours Ago
Highlights
Pet Friendly
Location
126 S Franklin St, Madison, WI 53703, USA|Downtown Madison
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Capitol Park Apartments
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Amenities for 126 S Franklin St, Downtown Madison
Apartment Amenities
| Air Conditioning | Cats Only |
| Utilities Included |
Appliances
| Garbage Disposal |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Off-Street Parking |
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
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 126 S Franklin St
Looking for the perfect combination of location, convenience, and value in Downtown Madison? This spacious studio apartment puts you right in the heart of the city while giving you the modern conveniences you want — plus an incredible move-in special! Available September 15st — don't wait until it's gone! ALL UTILITIES INCLUDED WITH A $50 UTILITY COPAY! This spacious studio offers a comfortable layout with convenient features that make everyday living easier, including: Air conditioning Dishwasher Microwave Off-street parking available Pet-friendly Cats welcome Dogs welcome — breed restrictions apply Spacious studio layout Convenient downtown location LIVE IN THE HEART OF MADISON Step outside and enjoy everything Downtown Madison has to offer. You'll have convenient access to shopping, restaurants, coffee shops, entertainment, nightlife, public transportation, and more. Whether you're heading to work, meeting friends for dinner, grabbing coffee, or spending the day exploring downtown, you'll love having so much of Madison within easy reach.
Address details
| Neighborhood | Downtown Madison |
|---|---|
| Zip code | 53703 |
| Type | Apartment for rent |
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Rent trends in Downtown Madison
studio apartments at 126 S Franklin St cost about 6% less than the average rent price for studio apartments in Downtown Madison.
Median rents as of Sep 26 2026.
Downtown Madison
Madison
| Month | Median Rent |
|---|---|
| October 2024 | $1,186 |
| 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 |
| Month | Median Rent |
|---|---|
| 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 |
| 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 |
Affordability calculator
Can I afford to live at 126 S Franklin 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
$42,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $42,600 annually to afford this studio monthly rent price of $1,065.
For more information on rent affordability, visit our rent calculator.
Schools near 126 S Franklin St
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-
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 126 S Franklin St
Getting around Madison near 126 S Franklin 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
6/10
Frequent public transit options are within walking distance.
Points of interest for 126 S Franklin St, Madison
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
9/10
Wide variety of cafés within a few minutes’ walk
Restaurants
9/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
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