Nichols Station Apartments

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427 E Gorham St, Madison, WI 53703
(608) 467-4023
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Nichols Station Apartments

427 E Gorham St
Madison, WI 53703
(608) 467-4023
Nichols Station Apartments in Madison, WI - Building Photo
  • 1–2 Bedrooms
  • $1,625-$2,325Pricing
  • 452–1,409Square Feet

About Nichols Station Apartments

Nichols Station Historic Charm Meets Modern Living Select Units Get One Month RENT-FREE, 2 Months Free Underground Parking, and $500 Security Deposit! Once home to Madison's Waterworks, Nichols Station has been transformed into a distinctive downtown living experience while preserving its historic charm. Located at the corner of East Gorham and Franklin Streets, this fully renovated landmark offers a perfect blend of history and modern convenience. With stunning views of Lake Mendota and just blocks from the Capitol, Nichols Station puts you in the heart of the city with easy access to local dining, shopping, and entertainment. Our thoughtfully designed apartments cater to every lifestyle, offering spacious layouts, energy-efficient upgrades, and modern finishes while maintaining the character of this iconic building. Whether you're drawn to its rich history, unbeatable location, or the perfect mix of city life and waterfront views, Nichols Station is the ideal place to call home.Discover the best of downtown Madison living - schedule a tour today!

Nichols Station Apartments is located in the Downtown Madison Neighborhood and 53703 Zip code of Madison, WI. This community is professionally managed by Wisconsin Management Company

Unique Features and Amenities

  • Air conditioning - central air
  • Bike rack or bike storage
  • bike storage
  • breakfast bar
  • Capital Fitness Discounted Membership
  • Ceramic tile bath surround
  • City skyline view
  • Garbage Disposal
  • Green and flowered areas
  • Handicap Accessible Apartments
  • Historic Building
  • Intercom Entry System
  • Lake Front
  • Lake view
  • Large Patio/Balcony
  • Large walk-in closet
  • Light fixtures upgrades
  • Mini-Blinds
  • One-side woodburning fireplace
  • On-site maintenance
  • Storage Units
  • Upgraded front cabinets
  • Vertical Blinds
  • Water/Sewer/Trash Included

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Nichols Station Apartments offers 1 to 2 Bedroom apartments starting from $1,625 and having 452–1,409 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    One Bedrooms

    From $1,625

    1 Bed, 1 Bath, 452-962 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,625Available Now427-414452
    $1,695Available Now427-513703

    Model Amenities and Features

    Features

    • Air Conditioning
    • Storage Space

    Kitchen

    • Dishwasher
    • Granite Countertops
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,625 - $1,695

    Unit 427-414 Amenities and Features

    Features

    • Air Conditioning
    • Storage Space

    Kitchen

    • Dishwasher
    • Granite Countertops
    • Stainless Steel Appliances

    Unit 427-414 Rent and Fees

    Unit Price

    • $1,625

    Model Rent and Fees

    Model Price Range

    • $1,625 - $1,695

    Unit 427-513 Amenities and Features

    Features

    • Air Conditioning
    • Storage Space

    Kitchen

    • Dishwasher
    • Granite Countertops
    • Stainless Steel Appliances

    Unit 427-513 Rent and Fees

    Unit Price

    • $1,695

    Model Rent and Fees

    Model Price Range

    • $1,625 - $1,695
  • 2 Bedrooms

    2 Bedroom 1 Bathroom

    $2,325

    2 Beds, 1 Bath, 740-1300 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,325Available Now427-101964

    Unit 427-101 Amenities and Features

    Features

    • Air Conditioning
    • Storage Space

    Kitchen

    • Granite Countertops
    • Stainless Steel Appliances

    Unit 427-101 Rent and Fees

    Unit Price

    • $2,325

    Model Rent and Fees

    Price

    • $2,325

    2 Bedroom 1.5 Bathroom

    2 Beds, 1.5 Baths, 1409 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for Availability2 Bedroom 1.5 Bathroom1409 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Fireplace
    • Intercom
    • Storage Space

    Kitchen

    • Dishwasher
    • Disposal
    • Stainless Steel Appliances
    Show Unavailable Floorplans
Price shown is base rent and may not include non-optional fees and utilities. 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) 467-4023 to schedule a tour.

Matterport 3D Tours

Property Information

Lease Terms

  • 12 mo

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Other Fees

Personal Add-Ons

Application Fee Per Applicant$0

Pet Policy and Fees

Dogs

  • 2 Pet Limit
  • $50 Monthly Pet Rent

| Restrictions: None

Cats

  • 2 Pet Limit
  • $25 Monthly Pet Rent

| Restrictions: None

Parking Info and Fees

Other
Covered
Garage Parking
  • $125/Mo

Features and Amenities

On-Site Services

  • Maintenance On Site
  • Property Manager On Site
  • Public Transportation
  • Laundry Facilities

Community Features

  • Walk Up
  • Elevator

Outdoor Features

  • Waterfront
  • Courtyard
  • Patio

Recreation and Fitness

  • Bicycle Storage

Interior Features

  • Balcony
  • Storage Space
  • Fireplace
  • Intercom
  • Air Conditioning

Kitchen Amenities

  • Dishwasher
  • Disposal
  • Stainless Steel Appliances

Living Area Features

  • Walk In Closets
  • High Ceilings
  • Hardwood Floors
Google Map

Map

427 E Gorham St, Madison, WI 53703

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday8:00 am–4:00 pm
Tuesday8:00 am–4:00 pm
Wednesday8:00 am–4:00 pm
Thursday8:00 am–4:00 pm
Friday8:00 am–4:00 pm
SaturdayClosed
SundayClosed

Getting Around

Walk Score®

90 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

91 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Nichols Station Apartments

Where is Nichols Station Apartments located?

Nichols Station Apartments is located at 427 E Gorham St near the Downtown Madison area of Madison, WI

What is the current rent range at Nichols Station Apartments?

1 Bedroom to 2 Bedroom Apartments at Nichols Station Apartments currently range from $1,625 to $2,325

When is the leasing office open?

  • The office Hours for Nichols Station Apartments are
  • Monday 8:00 am–4:00 pm
  • Tuesday 8:00 am–4:00 pm
  • Wednesday 8:00 am–4:00 pm
  • Thursday 8:00 am–4:00 pm
  • Friday 8:00 am–4:00 pm
  • Saturday Closed
  • 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 Nichols Station Apartments Apartments are 16.0% cheaper than the average apartment in the Downtown Madison area, and 2.5% more expensive than the average apartment city-wide.

    Rent Comparison to the Downtown Madison Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,625$2,044-$419-20.5%
    2 Bedroom$2,325$2,626-$301-11.5%

    Rent Comparison to the city of Madison

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,625$1,711-$86-5.0%
    2 Bedroom$2,325$2,114+$21110.0%

    Methodology: On 10/03/2025, ApartmentHomeLiving.com compared current rents by floorplan to 1086 other apartment communities in the immediate area around Nichols Station Apartments (Downtown Madison), and 2116 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 10/03/2025

  • Pet Friendly 3.2

    Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

    Rating Factors

    This 3.2-star Pet Friendly rating is based on the following features:

    • Hardwood Floors
    • Elevator(s)
    • Balconies
    • Courtyard
    • Air Conditioning
    • Patios
  • 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
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

East High

Madison Metropolitan
2222 East Washington Avenue
Public School - Grades 9-12 (1649 Students)
In Attendance Zone5 minute drive / 1.9 miles away
8/10

Lapham Elementary

Madison Metropolitan
1045 East Dayton Street
Public School - Grades PK-2 (205 Students)
In Attendance Zone2 minute drive / 0.7 miles away

O'Keeffe Middle

Madison Metropolitan
510 South Thornton Avenue
Public School - Grades 6-8 (452 Students)
In Attendance Zone4 minute drive / 1.4 miles away
8/10

Marquette Elementary

Madison Metropolitan
1501 Jenifer Street
Public School - Grades 3-5 (149 Students)
In Attendance Zone3 minute drive / 1.3 miles away
9/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Nichols Station Apartments.

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 College

1000 Edgewood College Drive
5 minute drive / 2.56 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

Nichols Station Apartments 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

Nichols Station Apartments has 5 shopping centers within 1.3 miles.

Nearby Neighborhoods

Studio to 6 Bedroom Apartments from $750
View Rentals
Studio to 6 Bedroom Apartments from $750
View Rentals
Studio to 6 Bedroom Apartments from $750
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Madison Studio Apartments $1,477$750$4,235
Madison 1 Bedroom Apartments $1,711$641$8,220
Madison 2 Bedroom Apartments $2,114$750$8,208
Madison 3 Bedroom Apartments $2,639$839$6,445
Madison 4 Bedroom Apartments $2,759$1,080$6,700
Madison 5 Bedroom Apartments $2,439$799$8,150

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Viewing: Nichols Station Apartments | Desktop Version | Listing Updated: 10/02/2025 | AHLPLA