The Penny Apartments

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320 S Brearly St, Madison, WI 53703
(608) 292-4588
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Contact

The Penny

320 S Brearly St
Madison, WI 53703
(608) 292-4588
The Penny in Madison, WI - Building Photo
  • Studio–3 Bedrooms
  • $1,585-$3,500Pricing
  • 377–1,449Square Feet

Rent Specials

One Month Free Rent~~One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Ask Us About Our Specials

About The Penny

The Penny is “Sur Le Chemin”, on the path. This new apartment community is rooted in Madison’s Marquette Neighborhood, just off Willy Street, overlooking McPike Park and directly connected to the Capital City Bike Path. Inside The Penny you will find a welcoming lobby, comfortable gathering spaces, a beautiful library, a cozy theater, and a terrace with views of the park. Just minutes from downtown Madison, both lakes, neighborhood restaurants, cafes, music venues, galleries, and UW Madison destinations, The Penny offers a lifestyle that feels warm, vibrant, and connected. Live at The Penny and find your path. Thoughtfully designed studio, one bedroom, two bedroom, and three bedroom residences offer room to live, work, relax, and entertain. Light filled interiors, warm finishes, and refined details create homes that feel modern, calm, and comfortable. The Penny offers a thoughtfully crafted living experience in one of Madison’s most loved neighborhoods, giving you a place that simply feels like home.

The Penny is located in the Marquette Dane Neighborhood and 53703 Zip code of Madison, WI. This community is professionally managed by Urban Land Interests

Property Contact Info

Floorplan Pricing and Availability

The Penny offers Studio to 3 Bedroom apartments starting from $1,585 and having 377–1,449 sq ft. Here is the current pricing and availability:

  • Studio

    Studio

    From $1,680

    Studio, 1 Bath, 538-620 sq ft
    Available Jul 1

    Availability Details

    PriceAvailability DateUnitSq FtFloorplanView Details
    $1,695 July 1, 2026203546
    $1,695 July 1, 2026205546
    $1,695 July 1, 2026243546

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Heating
    • Intercom
    • Smoke Free
    • Storage Space
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Island Kitchen
    • Kitchen
    • Microwave
    • Oven
    • Pantry
    • Quartz Countertops
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,680 - $1,995Plus Fees

    Current Available Pricing

    • $1,695Plus Fees

    Unit 203 Rent and Fees

    Unit Price

    • $1,695Plus Fees

    Model Rent and Fees

    Model Price Range

    • $1,680 - $1,995Plus Fees

    Unit 205 Rent and Fees

    Unit Price

    • $1,695Plus Fees

    Model Rent and Fees

    Model Price Range

    • $1,680 - $1,995Plus Fees

    Unit 243 Rent and Fees

    Unit Price

    • $1,695Plus Fees

    Model Rent and Fees

    Model Price Range

    • $1,680 - $1,995Plus Fees

    Studio 1

    From $1,585

    Studio, 1 Bath, 377 sq ft
    Available Aug 10

    Availability Details

    PriceAvailability DateUnitSq FtFloorplanView Details
    $1,595 August 10, 2026318377
    $1,585 August 10, 2026320377
    $1,595 August 10, 2026322377

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Heating
    • Intercom
    • Smoke Free
    • Storage Space
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Island Kitchen
    • Kitchen
    • Microwave
    • Oven
    • Pantry
    • Quartz Countertops
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,585 - $1,615Plus Fees

    Current Available Pricing

    • $1,585 - $1,595 Plus Fees

    Unit 318 Rent and Fees

    Unit Price

    • $1,595Plus Fees

    Model Rent and Fees

    Model Price Range

    • $1,585 - $1,615Plus Fees

    Unit 320 Rent and Fees

    Unit Price

    • $1,585Plus Fees

    Model Rent and Fees

    Model Price Range

    • $1,585 - $1,615Plus Fees

    Unit 322 Rent and Fees

    Unit Price

    • $1,595Plus Fees

    Model Rent and Fees

    Model Price Range

    • $1,585 - $1,615Plus Fees
  • 1 Bedroom

    One Bedroom

    From $1,930

    1 Bed, 1 Bath, 651-907 sq ft
    Available Jul 1

    Availability Details

    PriceAvailability DateUnitSq FtFloorplanView Details
    $1,930 July 1, 2026201651
    $2,475 July 1, 2026207838
    $2,195 July 1, 2026209756

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Heating
    • Intercom
    • Smoke Free
    • Storage Space
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Island Kitchen
    • Kitchen
    • Microwave
    • Oven
    • Pantry
    • Quartz Countertops
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,930 - $2,745Plus Fees

    Current Available Pricing

    • $1,930 - $2,475 Plus Fees

    Unit 201 Rent and Fees

    Unit Price

    • $1,930Plus Fees

    Model Rent and Fees

    Model Price Range

    • $1,930 - $2,745Plus Fees

    Unit 207 Rent and Fees

    Unit Price

    • $2,475Plus Fees

    Model Rent and Fees

    Model Price Range

    • $1,930 - $2,745Plus Fees

    Unit 209 Rent and Fees

    Unit Price

    • $2,195Plus Fees

    Model Rent and Fees

    Model Price Range

    • $1,930 - $2,745Plus Fees
  • 2 Bedrooms

    Two Bedroom

    From $2,945

    2 Beds, 2 Baths, 1038-1217 sq ft
    Available Jul 1

    Availability Details

    PriceAvailability DateUnitSq FtFloorplanView Details
    $3,050 July 1, 20262131179
    $2,945 July 1, 20262351195
    $3,090 July 1, 20263131179

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Heating
    • Intercom
    • Smoke Free
    • Storage Space
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Island Kitchen
    • Kitchen
    • Microwave
    • Oven
    • Pantry
    • Quartz Countertops
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $2,945 - $3,240Plus Fees

    Current Available Pricing

    • $2,945 - $3,090 Plus Fees

    Unit 213 Rent and Fees

    Unit Price

    • $3,050Plus Fees

    Model Rent and Fees

    Model Price Range

    • $2,945 - $3,240Plus Fees

    Unit 235 Rent and Fees

    Unit Price

    • $2,945Plus Fees

    Model Rent and Fees

    Model Price Range

    • $2,945 - $3,240Plus Fees

    Unit 313 Rent and Fees

    Unit Price

    • $3,090Plus Fees

    Model Rent and Fees

    Model Price Range

    • $2,945 - $3,240Plus Fees
  • 3 Bedrooms

    Three Bedroom

    $3,500

    3 Beds, 2 Baths, 1449 sq ft
    Available Sep 1

    Availability Details

    PriceAvailability DateUnitSq FtFloorplanView Details
    $3,500 September 1, 20262391449
    $3,500 September 1, 20263391449

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Heating
    • Intercom
    • Smoke Free
    • Storage Space
    • Tenant Controlled HVAC
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Island Kitchen
    • Kitchen
    • Microwave
    • Oven
    • Pantry
    • Quartz Countertops
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price

    • $3,500Plus Fees

    Unit 239 Rent and Fees

    Unit Price

    • $3,500Plus Fees

    Model Rent and Fees

    Price

    • $3,500Plus Fees

    Unit 339 Rent and Fees

    Unit Price

    • $3,500Plus Fees

    Model Rent and Fees

    Price

    • $3,500Plus Fees
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) 292-4588 to schedule a tour.

Property Information

  • Built in 2026
  • 6 Stories
  • 124 Units

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 Move-In Fees

Due at Application
Application Fee Per ApplicantiCharged per unit$25

Other Fees

Pet Fees

Dog

Pet FeeiCharged Per Pet$50
Pet RentiCharged per unit$50/mo
Restrictions:

Veterinary verification required. Must be spayed/neutered and up to date on all vaccines. Dogs, 6 months of age or older, must be spayed or neutered and current on rabies. Breed restrictions apply. Maximum 1 dog per 1 bedroom, 2 pets per apartment.

Comments:

Dogs 6 months and under - Non-refundable $150 fee + $50/month per dog *Proof of spayed or neutered required once 6 months old in order to remain approved at the community they are residing in. Please visit our website for full pet policy.

Cat

Pet RentiCharged per Pet$25/mo
Restrictions:

Veterinary verification required. Must be spayed/neutered and up to date on all vaccines. We recommend that cats with front claws wear Soft Paws claw caps. Maximum 2 pets per apartment.

Comments:

Please visit our website for full pet policy.

Parking Fees

Garage

Parking FeeiCharged per vehicle$175/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

  • Dog wash
  • Library
  • Lounge
  • Terrace
  • Theater

On-Site Services

  • Pet Washing Station
  • Car Charging Station
  • Key Fob Entry
  • 24 Hour Access
  • Laundry Facilities

Community Features

  • Lounge
  • Elevator

Outdoor Features

  • Controlled Access
  • Patio

Recreation and Fitness

  • Fitness Center
  • Walking/Biking Trails
  • Media Center/Movie Theatre

Interior Features

  • Balcony
  • Tenant Controlled Hvac
  • Storage Space
  • Ceiling Fans
  • Intercom
  • Tub/Shower
  • Heating
  • Cable Ready
  • Washer/Dryer
  • Air Conditioning
  • Smoke Free

Kitchen Amenities

  • Island Kitchen
  • Refrigerator
  • Oven
  • Pantry
  • Dishwasher
  • Microwave
  • Disposal
  • Quartz Countertops
  • Kitchen
  • Range
  • Stainless Steel Appliances

Living Area Features

  • Large Bedrooms
  • Double Pane Windows
  • Linen Closet
  • Dining Room
  • Vinyl Flooring
Google Map

Map

320 S Brearly St, Madison, WI 53703

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
MondayBy Appointment
TuesdayBy Appointment
WednesdayBy Appointment
ThursdayBy Appointment
FridayBy Appointment
SaturdayClosed
SundayClosed

Frequently Asked Questions about The Penny

Where is The Penny located?

The Penny is located at 320 S Brearly St near the Marquette Dane area of Madison, WI

What is the current rent range at The Penny?

Studio to 3 Bedroom Apartments at The Penny currently range from $1,585 to $3,500

When is the leasing office open?

  • The office Hours for The Penny are
  • Monday By Appointment
  • Tuesday By Appointment
  • Wednesday By Appointment
  • Thursday By Appointment
  • Friday By Appointment
  • Saturday Closed
  • 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 Penny is: One Month Free Rent~~One Month Free Rent: Receive one month free rent when signing a 12 month lease..

Renters Reviews and Ratings

4.0
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

Marquette Elementary

Madison Metropolitan
1501 Jenifer Street
Public School - Grades 3-5 (149 Students)
In Attendance Zone2 minute drive / 0.7 miles away
9/10

East High

Madison Metropolitan
2222 East Washington Avenue
Public School - Grades 9-12 (1649 Students)
In Attendance Zone3 minute drive / 1.3 miles away
8/10

O'Keeffe Middle

Madison Metropolitan
510 South Thornton Avenue
Public School - Grades 6-8 (452 Students)
In Attendance Zone2 minute drive / 0.7 miles away
8/10

Lapham Elementary

Madison Metropolitan
1045 East Dayton Street
Public School - Grades PK-2 (205 Students)
In Attendance Zone1 minute drive / 0.4 miles away
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 The Penny.

Arts Museums and Landmarks

Wisconsin Capitol Building

2 East Main Street
2 minute drive / 0.78 miles away

Overture Center for the Arts

201 State Street
2 minute drive / 0.99 miles away

Madison Museum of Contemporary Art

227 State Street
3 minute drive / 1.01 miles away

Big Box and Retail

Walgreens

108 Cottage Grove Rd
4 minute drive / 2.31 miles away

Kohl's

2501 W Broadway
5 minute drive / 2.6 miles away

Menards

6401 Copps Ave
7 minute drive / 3.59 miles away

Colleges and Universities

Edgewood College

1000 Edgewood College Drive
6 minute drive / 2.99 miles away

University of Wisconsin at Madison

500 Lincoln Dr
6 minute drive / 3.07 miles away

Madison Area Technical College - Truax Campus

1701 Wright Street
6 minute drive / 3.26 miles away

Groceries

Cub Foods

4141 Nakoosa Trl
7 minute drive / 3.54 miles away

Whole Foods

4710 Madison Yards Way
9 minute drive / 4.48 miles away

Hy-Vee

2920 Fitchrona Rd
15 minute drive / 7.2 miles away

Hospitals

Meriter Hospital

202 S Park St
5 minute drive / 1.86 miles away

Ssm Health St. Mary's Hospital - Madison

700 South Park St
4 minute drive / 2.12 miles away

University Of Wisconsin Hospitals And Clinics Authority

600 Highland Avenue
6 minute drive / 2.99 miles away

Parks and Recreation

Lakeshore Nature Preserve

610 Walnut Street
5 minute drive / 2.8 miles away

The Penny has 1 park within 2.8 miles, including Lakeshore Nature Preserve.

Shopping Centers

Third Lake Market

944 Williamson St
1 minute drive / 0.09 miles away

The Gateway

600 Williamson St
1 minute drive / 0.32 miles away

Manchester Place

2 E Mifflin St
2 minute drive / 0.83 miles away

The Penny has 5 shopping centers within 1.2 miles.

Nearby Neighborhoods

Studio to 5 Bedroom Apartments from $999
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Studio to 5 Bedroom Apartments from $850
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Studio to 5 Bedroom Apartments from $1,060
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Madison Studio Apartments $1,491$800$4,695
Madison 1 Bedroom Apartments $1,746$641$4,725
Madison 2 Bedroom Apartments $2,141$763$10,000+
Madison 3 Bedroom Apartments $2,389$675$6,450
Madison 4 Bedroom Apartments $2,454$675$6,700
Madison 5 Bedroom Apartments $2,308$1,199$8,150

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Viewing: The Penny | Desktop Version | Listing Updated: 01/25/2026 | AHLDIA