Photos
- Student Housing
- Studio–1 Bedrooms
- $950-$1,200Pricing
- 305–700Square Feet
About 509 N Lake St
This downtown apartment building is located above Walgreens on State Street. The apartments are close to the UW Campus, Law & Business Schools and Memorial Union and a short bus ride from the Medical School and UW Hospitals and clinics. State Street is one block from Lake Mendota with access to swimming, sailing and recreational paths for biking and jogging. Shopping, laundry, restaurants, post office, banks, churches and other activities are a short walk away. All utilities included with 24-hour maintenance service.
509 N Lake St is located in the Downtown Madison Neighborhood and 53703 Zip code of Madison, WI. This community is professionally managed by Opitz Management
Property Contact Info
Floorplan Pricing and Availability
509 N Lake St offers Studio to 1 Bedroom apartments starting from $950 and having 305–700 sq ft. Here is the current pricing and availability:
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Studio
$950
Studio, 1 Bath, 305 sq ftAvailable August 15, 2026Model Gallery
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit $950 August 15, 2026 204 305 $950 Unit 204 Amenities and Features
Features
- Cable Ready
- Heating
- High Speed Internet Access
- Tub/Shower
Kitchen
- Gas Range
- Kitchen
- Oven
- Refrigerator
Living Space
- Hardwood Floors
- Views
Unique Features
- Coin Operated Laundry Room On 5th Floor
Unit 204 Rent and Fees
Unit Price
- $950
Deposit
- $950 deposit
Unit Description
This downtown apartment building is located above Walgreens on State Street. Coin opearted laundry on 5th floor. The apartments are close to the UW Campus, Law & Business Schools and Memorial Union and a short bus ride from the Medical School and UW Hospitals and clinics. State Street is one block from Lake Mendota with access to swimming, sailing and recreational paths for biking and jogging.
Model Rent and Fees
Price
- $950
Apartment Model: Studio$950Studio, 1 Bath, 305 sq ftAvailable August 15, 2026![]()
Studio - Image 1 ![]()
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Studio - Image 7 Apartment Unit: 204Apartment Model: Studio$950Studio, 1 Bath, 305 sq ftAvailable August 15, 20261 Bedroom
One-Bed
From $1,030
1 Bed, 1 Bath, 427-546 sq ftAvailable NowModel Gallery
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit Photos View Details $1,175 Available Now 206 546 $1,175 $1,030 Available Now 509 427 $1,030 Model Amenities and Features
Features
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
- Tub/Shower
Kitchen
- Freezer
- Gas Range
- Kitchen
- Oven
- Range
Living Space
- Hardwood Floors
- Views
- Window Coverings
Unique Features
- Coin Operated Laundry Room On 5th Floor
Model Rent and Fees
Model Price Range
- $1,030 - $1,175
Deposit
- $1,030 deposit
Unit 206 Gallery
Photos
Unit 206 Amenities and Features
Features
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
- Tub/Shower
Kitchen
- Freezer
- Gas Range
- Kitchen
- Oven
- Range
Living Space
- Hardwood Floors
- Views
- Window Coverings
Unique Features
- Coin Operated Laundry Room On 5th Floor
Unit 206 Rent and Fees
Unit Price
- $1,175
Deposit
- $1,175 deposit
Unit Description
This downtown apartment building is located above Walgreens on State Street. Coin opearted laundry on 5th floor. The apartments are close to the UW Campus, Law & Business Schools and Memorial Union and a short bus ride from the Medical School and UW Hospitals and clinics. State Street is one block from Lake Mendota with access to swimming, sailing and recreational paths for biking and jogging.
Model Rent and Fees
Model Price Range
- $1,030 - $1,175
Unit 509 Amenities and Features
Features
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
- Tub/Shower
Kitchen
- Freezer
- Gas Range
- Kitchen
- Oven
- Range
Living Space
- Hardwood Floors
- Views
- Window Coverings
Unique Features
- Coin Operated Laundry Room On 5th Floor
Unit 509 Rent and Fees
Unit Price
- $1,030
Deposit
- $1,030 deposit
Unit Description
This downtown apartment building is located above Walgreens on State Street. Coin opearted laundry on 5th floor. The apartments are close to the UW Campus, Law & Business Schools and Memorial Union and a short bus ride from the Medical School and UW Hospitals and clinics. State Street is one block from Lake Mendota with access to swimming, sailing and recreational paths for biking and jogging.
Model Rent and Fees
Model Price Range
- $1,030 - $1,175
Apartment Model: One-BedFrom $1,0301 Bedroom, 1 Bath, 427-546 sq ftAvailable Now![]()
One-Bed - Image 1 ![]()
One-Bed - Image 2 ![]()
One-Bed - Image 3 ![]()
One-Bed - Image 4 ![]()
One-Bed - Image 5 ![]()
One-Bed - Image 6 ![]()
One-Bed - Image 7 ![]()
One-Bed - Image 8 Apartment Unit: 206Apartment Model: One-Bed$1,1751 Bedroom, 1 Bath, 546 sq ftAvailable Now![]()
Unit: 206 - Image 1 ![]()
Unit: 206 - Image 2 ![]()
Unit: 206 - Image 3 ![]()
Unit: 206 - Image 4 Apartment Unit: 509Apartment Model: One-Bed$1,0301 Bedroom, 1 Bath, 427 sq ftAvailable NowXL one-bed
$1,200
1 Bed, 1 Bath, 700 sq ftAvailable August 15, 2026Model Gallery
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,200 August 15, 2026 210 700 $1,200 Unit 210 Amenities and Features
Features
- Cable Ready
- Ceiling Fans
- Heating
- High Speed Internet Access
Kitchen
- Freezer
- Gas Range
- Kitchen
- Oven
- Range
Living Space
- Hardwood Floors
- Views
- Window Coverings
Unique Features
- Coin Operated Laundry Room On 5th Floor
Unit 210 Rent and Fees
Unit Price
- $1,200
Deposit
- $1,200 deposit
Unit Description
We have a few units that are two bedrooms with an extra bedroom off the kitchen and beautiful hardwood floors. Coin opearted laundry on 5th floor.
Model Rent and Fees
Price
- $1,200
Apartment Model: XL one-bed$1,2001 Bedroom, 1 Bath, 700 sq ftAvailable August 15, 2026![]()
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XL one-bed - Image 3 ![]()
XL one-bed - Image 4 Apartment Unit: 210Apartment Model: XL one-bed$1,2001 Bedroom, 1 Bath, 700 sq ftAvailable August 15, 2026
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Property Information
- 10 Units
- 5 Stories
- Built in 1911
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Lease Terms
- 12 mo
Fees and Policies
Parking Info and Fees
- Street
- $1/Mo
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
Unique Amenities
- Coin Operated Laundry Room On 5th Floor
- laundry room
On-Site Services
- 24 Hour Access
- Laundry Facilities
Community Features
- Elevator
Recreation and Fitness
- Walking/Biking Trails
Interior Features
- Heating
- Ceiling Fans
- High Speed Internet Access
- Tub/Shower
- Cable Ready
Kitchen Amenities
- Gas Range
- Freezer
- Kitchen
- Range
- Refrigerator
- Oven
Living Area Features
- Views
- Office
- Window Coverings
- Hardwood Floors
Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
Map
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 509 N Lake St
Where is 509 N Lake St located?
509 N Lake St is located at 509 N Lake St near the Downtown Madison area of Madison, WI
What is the current rent range at 509 N Lake St?
Studio to 1 Bedroom Apartments at 509 N Lake St currently range from $950 to $1,200
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Nearby Schools
Randall Elementary
Hamilton Middle
West High
Franklin Elementary
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from 509 N Lake St.
Arts Museums and Landmarks
Big Box and Retail
Kohl's
Walgreens
Menards
Colleges and Universities
Groceries
Whole Foods
Cub Foods
Hy-Vee
Hospitals
Meriter Hospital
Ssm Health St. Mary's Hospital - Madison
University Of Wisconsin Hospitals And Clinics Authority
Parks and Recreation
509 N Lake St has 1 park within 1.3 miles, including Lakeshore Nature Preserve.
Shopping Centers
509 N Lake St has 5 shopping centers within 1.9 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Studio Apartments | $1,474 | $749 | $3,945 |
| Madison 1 Bedroom Apartments | $1,726 | $641 | $4,690 |
| Madison 2 Bedroom Apartments | $2,148 | $686 | $7,000 |
| Madison 3 Bedroom Apartments | $2,544 | $839 | $6,450 |
| Madison 4 Bedroom Apartments | $2,555 | $1,099 | $6,700 |
| Madison 5 Bedroom Apartments | $2,494 | $1,199 | $8,150 |
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