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- Studio–2 Bedrooms
- $1,299-$2,509 Pricing
- 617–1,371 Square Feet
Rent Specials
2 Bedroom Special~~Call about our 2 Bedroom Special!
About The Masters Residences
The Masters Residences is more than a home - it's an experience. Designed and built with attention to detail, this beautiful community features premium interior finishes and comprehensive amenities. The Masters is a place for those who appreciate style, quality, and value and is a sanctuary for people who enjoy the quiet comforts of home. The Masters has access to the elegant Clubhouse at The Community of Bishops Bay. The clubhouse has everything you need including a well-appointed community room, a complimentary coffee bar and a convenient conference center for business meetings or gatherings. Stay fit in our state of the art fitness center or take a swim in the gorgeously landscaped pool area, complete with hot tub and comfortable seating. We are proud to be located in the Waunakee School District! Our goal is to provide you with a carefree living experience and our focus is on the well-being of our residents. You owe it to yourself to preview these truly unique apartment homes.
The Masters Residences is located in the 53597 Zip code of Middleton, WI. This community is professionally managed by T. Wall Enterprises Mgt, LLC
Property Contact Info

Floorplan Pricing and Availability
The Masters Residences offers Studio to 2 Bedroom apartments starting from $1,299 and having 617–1,371 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
5251 A - Studio
$1,429
Studio, 1 Bath, 622 sq ftAvailable May 7Availability Details
Price Availability Date Unit Sq Ft Deposit $1,429 May 7, 2026 5251 A - Studio 622 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $1,429
Deposit
- $400 deposit
5269 B - Studio
$1,299
Studio, 1 Bath, 617 sq ftAvailable Jul 7Availability Details
Price Availability Date Unit Sq Ft Deposit $1,299 July 7, 2026 5269 B - Studio 617 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $1,299
Deposit
- $400 deposit
5251 A - Studio
$1,429
Studio, 1 Bath, 622 sq ftAvailable Aug 7Availability Details
Price Availability Date Unit Sq Ft Deposit $1,429 August 7, 2026 5251 A - Studio 622 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $1,429
Deposit
- $400 deposit
1 Bedroom
5251 C - 1 Bedroom + Den
From $1,849
1 Bed, 1 Bath, 846 sq ftAvailable Apr 6Availability Details
Price Availability Date Unit Sq Ft Deposit From $1,849 April 6, 2026 5251 C - 1 Bedroom + Den 846 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price Range
- $1,849 - $1,869
Deposit
- $400 deposit
5263 B - 1 Bedroom + den
$1,729
1 Bed, 1 Bath, 857 sq ftAvailable Jun 5Largest 1 BedroomThis is the largest 1 Bedroom at this PropertyAvailability Details
Price Availability Date Unit Sq Ft Deposit $1,729 June 5, 2026 5263 B - 1 Bedroom + den 857 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $1,729
Deposit
- $400 deposit
5269 C - 1 Bedroom
$1,539
1 Bed, 1 Bath, 737 sq ftAvailable Jun 10Availability Details
Price Availability Date Unit Sq Ft Deposit $1,539 June 10, 2026 5269 C - 1 Bedroom 737 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $1,539
Deposit
- $400 deposit
5251 C - 1 Bedroom + Den
$1,849
1 Bed, 1 Bath, 846 sq ftAvailable Jul 8Availability Details
Price Availability Date Unit Sq Ft $1,849 July 8, 2026 5251 C - 1 Bedroom + Den 846 sq ft Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $1,849
5251 B - 1 Bedroom
$1,659
1 Bed, 1 Bath, 709 sq ftAvailable Jul 10Availability Details
Price Availability Date Unit Sq Ft Deposit $1,659 July 10, 2026 5251 B - 1 Bedroom 709 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $1,659
Deposit
- $400 deposit
5269 C - 1 Bedroom
$1,529
1 Bed, 1 Bath, 737 sq ftAvailable Aug 7Availability Details
Price Availability Date Unit Sq Ft Deposit $1,529 August 7, 2026 5269 C - 1 Bedroom 737 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $1,529
Deposit
- $400 deposit
2 Bedrooms
5251 I - 2 Bedroom + Den
From $2,459
2 Beds, 2 Baths, 1371 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft Deposit From $2,459 Available Now 5251 I - 2 Bedroom + Den 1371 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price Range
- $2,459 - $2,509
Deposit
- $400 deposit
5263 G - 2 Bedroom + den
$2,229
2 Beds, 2 Baths, 1290 sq ftAvailable Jun 5Availability Details
Price Availability Date Unit Sq Ft Deposit $2,229 June 5, 2026 5263 G - 2 Bedroom + den 1290 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $2,229
Deposit
- $400 deposit
5251 I - 2 Bedroom + Den
$2,509
2 Beds, 2 Baths, 1371 sq ftAvailable Jun 25Availability Details
Price Availability Date Unit Sq Ft Deposit $2,509 June 25, 2026 5251 I - 2 Bedroom + Den 1371 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $2,509
Deposit
- $400 deposit
5251 I - 2 Bedroom + den
$2,509
2 Beds, 2 Baths, 1371 sq ftAvailable Jul 10Availability Details
Price Availability Date Unit Sq Ft Deposit $2,509 July 10, 2026 5251 I - 2 Bedroom + den 1371 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $2,509
Deposit
- $400 deposit
5251 I - 2 Bedroom + den
$2,479
2 Beds, 2 Baths, 1371 sq ftAvailable Aug 7Availability Details
Price Availability Date Unit Sq Ft Deposit $2,479 August 7, 2026 5251 I - 2 Bedroom + den 1371 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $2,479
Deposit
- $400 deposit
5251 I - 2 Bedroom + den
$2,499
2 Beds, 2 Baths, 1371 sq ftAvailable Aug 7Availability Details
Price Availability Date Unit Sq Ft Deposit $2,499 August 7, 2026 5251 I - 2 Bedroom + den 1371 sq ft $400 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Pantry
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price
- $2,499
Deposit
- $400 deposit
Schedule a Tour
3D Tours
Property Information
- 163 Units
- 3 Stories
- Built in 2020
- Furnished Units Available
Lease Terms
- 12 mo
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.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$20.00
Pet Policy and Fees
Cats- 2 Pet Limit
- 2 Pet Limit
Parking Info and Fees
- CoverediClimate Controlled Underground Parking Available
- Other
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
- Maintenance On Site
- Pet Washing Station
- Planned Social Activities
- Property Manager On Site
- Car Charging Station
- Online Services
- Recycling
- Renters Insurance Program
- Key Fob Entry
Community Features
- Conference Rooms
- Walk Up
- Clubhouse
- Elevator
Outdoor Features
- Grill
- Sundeck
- Courtyard
- Roof Terrace
- Picnic Area
- Controlled Access
- Deck
- Patio
Recreation and Fitness
- Hot Tub
- Fitness Center
- Bicycle Storage
- Walking/Biking Trails
- Pool
Interior Features
- Balcony
- Storage Space
- High Speed Internet Access
- Tub/Shower
- Heating
- Intercom
- Cable Ready
- Washer/Dryer
- Air Conditioning
- Wi Fi
- Smoke Free
Kitchen Amenities
- Disposal
- Freezer
- Island Kitchen
- Range
- Refrigerator
- Oven
- Pantry
- Microwave
- Dishwasher
- Kitchen
- Ice Maker
- Stainless Steel Appliances
- Granite Countertops
Living Area Features
- Walk In Closets
- Bay Window
- Den
- Dining Room
- Carpet
- Vinyl Flooring
- Office
- Views
- Large Bedrooms
- Window Coverings
- Hardwood Floors

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks

Map
Hours and Contact Info
| Monday | 9:00 am–5:00 pm |
| Tuesday | 9:00 am–5:00 pm |
| Wednesday | 9:00 am–5:00 pm |
| Thursday | 9:00 am–5:00 pm |
| Friday | 9:00 am–5:00 pm |
| Saturday | By Appointment |
| Sunday | Closed |
Frequently Asked Questions about The Masters Residences
Where is The Masters Residences located?
The Masters Residences is located at 5251 Bishops Bay Pky, Middleton, WI
What is the current rent range at The Masters Residences?
Studio to 2 Bedroom Apartments at The Masters Residences currently range from $1,299 to $2,509
When is the leasing office open?
- The office Hours for The Masters Residences are
- Monday 9:00 am–5:00 pm
- Tuesday 9:00 am–5:00 pm
- Wednesday 9:00 am–5:00 pm
- Thursday 9:00 am–5:00 pm
- Friday 9:00 am–5:00 pm
- Saturday By Appointment
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Are there any rent specials?
The current rent special at The Masters Residences is: 2 Bedroom Special~~Call about our 2 Bedroom Special!.
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Overall good with some small negative aspects
September 13, 2021I lived in a studio with my partner and loved the space (good finish and plenty of room for two people). Location and amenities are also a plus. The only problems I had came from trying to communicate with the property manager about various things. I'm not sure if it is because I am younger and newer to the renting/subleasing process, but many of my questions were not fully answered or just completely ignored. Additionally, my car was hit twice while parked in the surface lot. No notes were left ...(shows who your neighbors are) and, despite being parked in front of a camera, no help could be offered by the property manager. Again, it's a good place overall there are just some small issues that have lead me to explore other apartments in the Middleton/Madison area.Read MoreReview from Apartments.com
Masters residences
April 26, 2018This place is incredible. Curb appeal is exactly what I was looking for and in addition to that the interior of this building is well kept and just as beautiful on the inside. The best thing about this apartment complex is that it doesn’t feel like an apartment it feels like home!!!!! The staff especially Jessica and Connie are incredibly professional and meet all your needs. I highly recommend , CherylReview from Apartments.com
A Great Place to Call Home
October 19, 2017We moved here from out of state in the hopes of finding a short-term lease while we shopped for a house. Now we are starting to wonder if we even want a house! We have a 2 BR Den apartment and it is more than enough space for two empty nesters, a dog and occasional teenage college visits. The property is beautiful and maintenance is very attentive to any needs. Overall the building is very quiet and we have no complaints about noisy neighbors. It is a very pet-friendly building. Jessica and ...Connie have been very helpful with any issues and even let us move in a few days early to accommodate our schedule. Out of all the apartments we looked at when moving to Madison, this is the best one we found. Great location, great staff. You can't go wrong with renting from The Masters!Read MoreReview from Apartments.com
Fantastic building with great management and excellent customer service
October 15, 2017Haven't lived in an apartment for almost 20 years but found myself in need of a short-term lease with virtually no notice last June. I contacted the Masters and they immediately placed me in a beautiful brand-new apartment. I was able to move in just a few days later. Jessica and Connie went out of their way to make me feel comfortable as I got settled -- and they've been super accommodating as I've finalized my long-term living arrangements. The building is beautiful. It's a great place to call ...home no matter where you're at in life. The grounds are beautiful with many amenities, including an outdoor pool and a fully equipped workout facility. Very accommodating for people with pets and it's a great location, super close to downtown Middleton with easy access to both east side and west side of Madison. If I could give more than 5 stars I would. Although I've been on a break from renting for many years, I was a renter for almost 15 years before that. This is by far the nicest, most well-managed apartment I've ever lived in.Read MoreReview from Apartments.com
Comfortable setting
October 15, 2017I am renting at the Masters while I am in transition between selling my home and building a new home. The apartment is beautiful and feels like home during this season of transition. The staff is so kind and responsive to questions. This is a beautiful neighborhood that I believe will only get better with time.Review from Apartments.com
A great place to call home.
October 10, 2017This is more than an apartment complex to me, but more so a little "retreat" away from my days long work hours. Maintenance is super speedy at fixing any issues that arise in my unit, and the grounds are kept impeccable. There are a few issues, which the staff is trying to address (mainly, the lack of parking...which for me while it's a bit annoying I would gladly take parking issues over any other issue that could be at a complex!), so it makes my voice feel heads as well. Beautiful pool, gym, ...and clubhouse! Only downside, while I understand that a community pool isn't the place for you're own private pool party...living alone I sometimes have 3 visitors for an evening from time to time. It's unfortunate that the "2 guests per apartment" rule applies to me even though I live alone (which most units have 2 people, so 4 at the pool). Again, this little frustration is NOTHING compared to what I have dealt with at other units in Wisconsin. Overall, I am VERY comfortable and happy to call The Masters Residence my home! :)Read MoreReview from Apartments.com
Masters Review
October 10, 2017We moved into the Masters Residences just under a month ago and have been so pleased with the entire experience. After raising 3 children in a 3,800 sq. ft home, we were looking to build a new home and downsizing a bit, but needed a place to call home in the months in between homes. The Masters has been perfect for us! It has upscale amenities, like the clubhouse, pool and underground parking - but also has a very family-friendly feeling about it. And believe it or not - there is plenty of ...space for our 3 children when they come to visit! Jessica was VERY accommodating with our move-in date as well as checking in frequently to make sure things were going o.k. Family and friends who have come to visit are truly impressed with The Masters, and we are certain we made the right choice in apartments.Read MoreReview from Apartments.com
Location.Location.Location!
October 10, 2017When we decided to move back to Wisconsin and were not set in exactly where in the Madison area, we began to research our options. Our criteria included; a well maintained building, pet friendly, good schools, and a positive “vibe.” We found all of this and more at The Masters. We were leaning towards returning to the great Waunakee Schools and this property is zoned for Waunakee! There are great amenities for our furry family members as there are nice places to walk equipped set with waste ...centers. There is a great park that is outside the building and the location is very convenient to the west side of Madison. We found the perfect place for us!Read MoreReview from Apartments.com
Well-managed Property
October 10, 2017My wife and I have been living at the Masters Residences for almost a year now and feel very comfortable here. The property is very well-managed and we have been treated like family. I strongly recommend anyone looking for an apartment to consider the Masters Residences as your new home. You will enjoy great care, security and a splendid location.Review from Apartments.com
Nearby Schools
Waunakee Intermediate
Waunakee High
Waunakee Middle
Waunakee Heritage Elementary
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Masters Residences.
Arts Museums and Landmarks
Big Box and Retail
Walgreens
Costco
Jcpenney
Colleges and Universities
Groceries
Whole Foods
Piggly Wiggly
Hy-Vee
Hospitals
University Of Wisconsin Hospitals And Clinics Authority
Mendota Mental Health Institute
Meriter Hospital
Parks and Recreation
The Masters Residences has 1 park within 3.8 miles, including Lakeshore Nature Preserve.
Shopping Centers
The Masters Residences has 5 shopping centers within 2.8 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Middleton Studio Apartments | $1,423 | $995 | $2,050 |
| Middleton 1 Bedroom Apartments | $1,741 | $641 | $2,588 |
| Middleton 2 Bedroom Apartments | $2,110 | $763 | $4,090 |
| Middleton 3 Bedroom Apartments | $2,612 | $883 | $4,354 |
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