Your message has been sent! Thank you!

126-128 S Franklin St Apartments

Verified
This is a CoStar Verified® Listing

126-128 S Franklin St in Madison, WI is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.

(608) 709-0974
Check Availability
Madison, WI 53703

Contact

126-128 S Franklin St

Madison, WI 53703
(608) 709-0974
126-128 S Franklin St in Madison, WI - Building Photo
  • Studio–1 Bedrooms
  • $929-$1,225 Pricing
  • 350–450 Square Feet

About 126-128 S Franklin St

These apartments are located just a few blocks from the Capitol Square, which is a prime location to put you right in the middle of everything great about living in downtown Madison! You could easily walk to all of the wonderful events that take place on the square. Not only that but it is located near many major bus routes and just a short bike ride from the Willy street neighborhood. Inside there is a wonderful kitchen, a large fantastic living space. There is even AC for the summer months that is included in the rent.

126-128 S Franklin St is located in the Downtown Madison Neighborhood and 53703 Zip code of Madison, WI. This community is professionally managed by Colonial Property Management

Property Contact Info

Office Hours

Monday9:30 am–6:00 pm
Tuesday9:30 am–6:00 pm
Wednesday9:30 am–6:00 pm
Thursday9:30 am–6:00 pm
Friday9:30 am–6:00 pm
SaturdayBy Appointment
SundayClosed

Floorplan Pricing and Availability

126-128 S Franklin St offers Studio to 1 Bedroom apartments starting from $1,045 and having 350–450 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • Studio

    Studio

    From $1,045

    Studio, 1 Bath, 350 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,115Available Now3B350
    $1,115Available Now6A350
    $1,045Available Now6C350

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range

    Model Rent and Fees

    Model Price Range

    • $999 - $1,115

    Current Available Pricing

    • $1,045 - $1,115

    Unit 3B Rent and Fees

    Unit Price

    • $1,115
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $999 - $1,115

    Unit 6A Rent and Fees

    Unit Price

    • $1,115
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $999 - $1,115

    Unit 6C Rent and Fees

    Unit Price

    • $1,045
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $999 - $1,115
  • 1 Bedroom

    1 BR

    From $1,225

    1 Bed, 1 Bath, 450 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,225Available Now5B450

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range

    Unit 5B Rent and Fees

    Unit Price

    • $1,225
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $929 - $1,225
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (608) 709-0974 to schedule a tour.

Property Information

  • 26 Units
  • 3 Stories
  • Built in 1969

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Required Fees

One-Time Basics

Application Fee Per Applicant$19.00

Pet Policy and Fees

Cats
  • 2 Pet Limit
Dogs
  • 1 Pet Limit
Restrictions:

Minimum age restrictions may apply.

Parking Info and Fees

Surface LotiParking Available

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • Laundry Facilities

Community Features

  • Walk Up

Interior Features

  • Heating
  • Air Conditioning

Kitchen Amenities

  • Dishwasher
  • Oven
  • Range
  • Disposal
  • Kitchen
Google Map

Map

126-128 S Franklin St, Madison, WI 53703

Frequently Asked Questions about 126-128 S Franklin St

Where is 126-128 S Franklin St located?

126-128 S Franklin St is located at 126-128 S Franklin St near the Downtown Madison area of Madison, WI

What is the current rent range at 126-128 S Franklin St?

Studio to 1 Bedroom Apartments at 126-128 S Franklin St currently range from $1,045 to $1,225

When is the leasing office open?

  • The office Hours for 126-128 S Franklin St are
  • Monday 9:30 am–6:00 pm
  • Tuesday 9:30 am–6:00 pm
  • Wednesday 9:30 am–6:00 pm
  • Thursday 9:30 am–6:00 pm
  • Friday 9:30 am–6:00 pm
  • Saturday By Appointment
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.2

    The 126-128 S Franklin St Apartments are 46.2% cheaper than the average apartment in the Downtown Madison area, and 38.75% cheaper than the average apartment city-wide.

    Rent Comparison to the Downtown Madison Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$999$1,608-$609-37.9%
    1 Bedroom$929$2,041-$1,112-54.5%

    Rent Comparison to the city of Madison

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$999$1,479-$480-32.5%
    1 Bedroom$929$1,688-$759-45.0%

    Methodology: On 07/14/2026, ApartmentHomeLiving.com compared current rents by floorplan to 1031 other apartment communities in the immediate area around 126-128 S Franklin St (Downtown Madison), and 1585 other apartment communities in Madison using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 07/14/2026

  • Transit Friendly 3.6

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Learn more about Lifestyle Search

Renters Reviews and Ratings

3.0
1 Renters Reviews

Good location

September 23, 2015 - Review from Apartments.com
I currently live in apartment 5B, a one bedroom/one bathroom apartment. The location is perfect, with access to the bus line at the bottom of a gentle hill. The building is constantly being updated, and you're only a few short blocks from the Capitol Square.

Points of Interest

Time and distance from 126-128 S Franklin St.

Arts Museums and Landmarks

Wisconsin Capitol Building

2 East Main Street
1 minute drive / 0.44 miles away

Overture Center for the Arts

201 State Street
1 minute drive / 0.56 miles away

Madison Museum of Contemporary Art

227 State Street
1 minute drive / 0.58 miles away

Big Box and Retail

Walgreens

108 Cottage Grove Rd
6 minute drive / 2.82 miles away

Kohl's

2501 W Broadway
6 minute drive / 2.82 miles away

Menards

6401 Copps Ave
8 minute drive / 4.01 miles away

Colleges and Universities

Edgewood University - Main Campus

1000 Edgewood College Drive
5 minute drive / 2.55 miles away

University of Wisconsin at Madison

500 Lincoln Dr
5 minute drive / 2.57 miles away

Madison Area Technical College - Truax Campus

1701 Wright Street
7 minute drive / 3.56 miles away

Groceries

Cub Foods

4141 Nakoosa Trl
8 minute drive / 3.97 miles away

Whole Foods

4710 Madison Yards Way
8 minute drive / 3.98 miles away

Hy-Vee

2920 Fitchrona Rd
14 minute drive / 6.82 miles away

Hospitals

Meriter Hospital

202 S Park St
4 minute drive / 1.46 miles away

Ssm Health St. Mary's Hospital - Madison

700 South Park St
5 minute drive / 1.78 miles away

University Of Wisconsin Hospitals And Clinics Authority

600 Highland Avenue
5 minute drive / 2.48 miles away

Parks and Recreation

Lakeshore Nature Preserve

610 Walnut Street
4 minute drive / 2.3 miles away

126-128 S Franklin St has 1 park within 2.3 miles, including Lakeshore Nature Preserve.

Shopping Centers

The Gateway

600 Williamson St
1 minute drive / 0.35 miles away

Manchester Place

2 E Mifflin St
1 minute drive / 0.41 miles away

Third Lake Market

944 Williamson St
1 minute drive / 0.58 miles away

126-128 S Franklin St has 5 shopping centers within 1.3 miles.

Nearby Neighborhoods

First Settlement

Studio to 5 Bedroom Apartments from $785
View Rentals

The Isthmus

Studio to 5 Bedroom Apartments from $785
View Rentals

Old Market Place

Studio to 5 Bedroom Apartments from $785
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Madison Studio Apartments $1,479$750$2,685
Madison 1 Bedroom Apartments $1,688$590$3,750
Madison 2 Bedroom Apartments $2,107$763$6,450
Madison 3 Bedroom Apartments $2,499$866$10,000+
Madison 4 Bedroom Apartments $1,849$938$6,700
Madison 5 Bedroom Apartments $2,159$941$7,250

Browse Top Apartments in Madison

Viewing: 126-128 S Franklin St | Desktop Version | Listing Updated: 06/23/2026 | AHLGLD