Your message has been sent! Thank you!

Theory Madison Apartments

Verified
This is a CoStar Verified® Listing

Theory Madison 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) 640-3854
Check Availability
427 N Lake St, Madison, WI 53715
Building Photo
Building Photo
31 Photos16 Floorplans
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
31 Photos16 Floorplans

Student Housing Requirements

This property has specific student housing residency requirements.
I Understand
Go Back

Contact

Theory Madison

427 N Lake St
Madison, WI 53715
(608) 640-3854
Theory Madison in Madison, WI - Building Photo
  • Studio–5 Bedrooms
  • $865-$2,299 Pricing
  • 398–1,765 Square Feet

Rent Specials

Limited-time offer: Save up to $4920 for Fall 2026!~~For a limited time save up to $4920 for fall with rates as low as $899!

Ask Us About Our Specials

About Theory Madison

We have a Theory. Call it the theory of having it all. It's about finding an apartment that perfectly balances personal retreats and vibrant social spaces in an ideal location. Our newly developed off-campus apartments near UW-Madison position you just moments away from your classes, Greek life, dining options, and so much more, while providing you with the expansive areas that align with your lifestyle. Experience the ultimate in student living at Theory Madison, where your needs take center stage.

Theory Madison is located in the Downtown Madison Neighborhood and 53715 Zip code of Madison, WI. This community is professionally managed by PeakMade Real Estate

Property Contact Info

View Property Website
Call Us:
(608) 640-3854

Office Hours

Monday10:00 am–6:00 pm
Tuesday10:00 am–6:00 pm
Wednesday10:00 am–6:00 pm
Thursday10:00 am–6:00 pm
Friday10:00 am–6:00 pm
Saturday12:00 pm–5:00 pm
Sunday1:00 pm–5:00 pm

Floorplan Pricing and Availability

Theory Madison offers Studio to 5 Bedroom apartments starting from $865 and having 398–1,765 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees

  • Studio

    Private

    Studio, 1 Bath, 398 sq ft
    Available Aug 14

    Availability Details

    PriceAvailability DateUnitSq Ft
    Call For Rates August 14, 2026Private398

  • 1 Bedroom

    Floorplan A3

    $2,299

    1 Bed, 1 Bath, 558 sq ft
    Available Aug 14

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,299 August 14, 2026Private558

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Unit Private Rent and Fees

    Unit Price

    • $2,299
      • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $2,299

  • 2 Bedrooms

    Floorplan B1

    $1,699

    2 Beds, 1 Bath, 654 sq ft
    Available Aug 14

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,699 August 14, 2026Private654

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Unit Private Rent and Fees

    Unit Price

    • $1,699
      • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,699

    Floorplan B6

    $1,729

    2 Beds, 2 Baths, 684 sq ft
    Available Aug 14

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,729 August 14, 2026Private684

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Unit Private Rent and Fees

    Unit Price

    • $1,729
      • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,729

    Floorplan B5

    From $999

    2 Beds, 2 Baths, 757 sq ft
    Available Aug 14
    Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,799 August 14, 2026Private757
    $999 August 14, 2026Shared757

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $999 - $1,799

    Unit Private Rent and Fees

    Unit Price

    • $1,799
      • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $999 - $1,799

    Unit Shared Rent and Fees

    Unit Price

    • $999
      • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $999 - $1,799

    Floorplan B2

    2 Beds, 2 Baths, 869 sq ft
    Available Aug 14
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    Call For Rates August 14, 2026Private869

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Model Rent and Fees

    Price

    • Call For Rates

  • 4 Bedrooms

    Floorplan D1

    $1,299

    4 Beds, 2 Baths, 1066 sq ft
    Available Aug 14

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,299 August 14, 2026Private1066

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Unit Private Rent and Fees

    Unit Price

    • $1,299
      • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,299

    Floorplan D4

    $1,299

    4 Beds, 3 Baths, 1215 sq ft
    Available Aug 14

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,299 August 14, 2026Private1215

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Unit Private Rent and Fees

    Unit Price

    • $1,299
      • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,299

    Floorplan D3

    $1,399

    4 Beds, 4 Baths, 1190 sq ft
    Available Aug 14

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,399 August 14, 2026Private1190

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Unit Private Rent and Fees

    Unit Price

    • $1,399
      • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,399

    Floorplan D2

    $1,399

    4 Beds, 4 Baths, 1223 sq ft
    Available Aug 14

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,399 August 14, 2026Private1223

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Unit Private Rent and Fees

    Unit Price

    • $1,399
      • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,399

    Floorplan D5

    $1,589

    4 Beds, 4 Baths, 1275 sq ft
    Available Aug 14

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,589 August 14, 2026Private1275

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Unit Private Rent and Fees

    Unit Price

    • $1,589
      • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,589

    Floorplan D8

    From $999

    4 Beds, 4 Baths, 1305 sq ft
    Available Aug 14

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,299 August 14, 2026Private1305
    $999 August 14, 2026Shared1305

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $999 - $1,299

    Unit Private Rent and Fees

    Unit Price

    • $1,299
      • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $999 - $1,299

    Unit Shared Rent and Fees

    Unit Price

    • $999
      • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $999 - $1,299

    Floorplan D9

    From $865

    4 Beds, 4 Baths, 1431 sq ft
    Available Aug 14
    Cheapest 4 BedroomThis is the cheapest 4 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,199 August 14, 2026Private1431
    $865 August 14, 2026Shared1431

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $865 - $1,199

    Unit Private Rent and Fees

    Unit Price

    • $1,199
      • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $865 - $1,199

    Unit Shared Rent and Fees

    Unit Price

    • $865
      • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $865 - $1,199

    Floorplan TH3

    $1,709

    4 Beds, 4 Baths, 1693 sq ft
    Available Aug 14

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,709 August 14, 2026Private1693
    Call For Rates August 14, 2026Private1693

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,709

    Current Available Pricing

    • Call For Rates

    Unit Private Rent and Fees

    Unit Price

    • $1,709
      • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,709

    Model Rent and Fees

    Price

    • $1,709

    TH1A

    4 Beds, 4 Baths, 1742 sq ft
    Available Aug 14

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    Call For Rates August 14, 2026Private1742

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Model Rent and Fees

    Price

    • Call For Rates

    TH1B

    4 Beds, 4 Baths, 1765 sq ft
    Available Aug 14
    Largest 4 BedroomThis is the largest 4 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    Call For Rates August 14, 2026Private1765

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Model Rent and Fees

    Price

    • Call For Rates

    $1,729

    More 4 bedroom units

    4 Beds, 4 Baths, 1630 sq ft
    Available Aug 14

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,729 August 14, 2026Private1630

    Unit Private Rent and Fees

    Unit Price

    • $1,729
      • View Details and Rent Estimate

  • 5 Bedrooms

    Floorplan E1

    $1,199

    5 Beds, 5 Baths, 1484 sq ft
    Available Aug 14
    Cheapest 5 BedroomThis is the cheapest 5 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,199 August 14, 2026Private1484

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Unit Private Rent and Fees

    Unit Price

    • $1,199
      • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,199

    Floorplan E2

    5 Beds, 5 Baths, 1551 sq ft
    Available Aug 14

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    Call For Rates August 14, 2026Private1551

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Model Rent and Fees

    Price

    • Call For Rates

    Floorplan TH4

    $1,669

    5 Beds, 5 Baths, 1698 sq ft
    Available Aug 14
    Largest 5 BedroomThis is the largest 5 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,669 August 14, 2026Private1698

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Trash Compactor
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Kitchen
    • Microwave
    • Quartz Countertops
    • Range
    • Refrigerator

    Unit Private Rent and Fees

    Unit Price

    • $1,669
      • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,669
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

Request Tour
Call us at: (608) 640-3854 to request a tour.

Property Information

  • 213 Units
  • 12 Stories
  • Built in 2025
  • Furnished

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

Due at Move-In
one-time telecom feeiCharged per unit.$150.00

Other Fees and Policies

Pet Fees

Pet Policies are Negotiable

Cat
Pet DepositiMax of 2. Charged Per Pet.$300.00
Monthly Pet FeeiMax of 2. Charged Per Pet.$35.00/mo
Comments:

Max of 2.

Dog
Pet DepositiMax of 2. Charged Per Pet.$300.00
Monthly Pet FeeiMax of 2. Charged Per Pet.$35.00/mo
Comments:

Max of 2.

Others
  • 1 Pet Limit

Parking Info and Fees

Garage ParkingiGarage parking: $300/mo. Moped parking: $75/mo.
MotorcycleiGarage parking: $300/mo. Moped parking: $75/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

  • Heated Pool
  • Vending Machines

On-Site Services

  • Maintenance On Site
  • Package Service
  • Property Manager On Site
  • Community Wide Wi Fi

Community Features

  • Lounge
  • Multi Use Room
  • Business Center
  • Conference Rooms
  • Elevator

Outdoor Features

  • Grill
  • Sundeck
  • Courtyard
  • Picnic Area
  • Roof Terrace

Recreation and Fitness

  • Fitness Center
  • Sauna
  • Pool

Interior Features

  • Windows
  • High Speed Internet Access
  • Heating
  • Trash Compactor
  • Washer/Dryer
  • Air Conditioning
  • Wi Fi
  • Wheelchair Accessible (Rooms)

Kitchen Amenities

  • Dishwasher
  • Eat In Kitchen
  • Microwave
  • Kitchen
  • Range
  • Refrigerator
  • Quartz Countertops
  • Granite Countertops

Living Area Features

  • High Ceilings
  • Floor To Ceiling Windows
  • Large Bedrooms
  • Office
  • Vinyl Flooring
  • Views
  • Family Room

Student Features

  • Individual Locking Bedrooms
  • Private Bathroom
  • Study Lounge
  • Shuttle To Campus
  • Roommate Matching
  • Walk To Campus
  • Individual Leases Available
Ask About Our Amenities
Google Map

Map

427 N Lake St, Madison, WI 53715

Getting Around

  • 100 / 100 Exceptionally walkable

    All day-to-day needs are within a few minutes' walk

  • 80 / 100 Strong public transit

    Near rapid transit and frequent bus lines

  • 80 / 100 Very Bikeable

    Highly suitable for bicycle commuting and/or recreation

  • 30 / 100 Somewhat car friendly

    Some arteries nearby, but traffic congestion and parking problems are likely

Scores provided by Local Logic details

Getting to Know the Area

  • 90 / 100 Restaurants

    Exceptional variety of restaurants within a few minutes

  • 100 / 100 Cafes

    Exceptional variety of cafés within a few minutes

  • 100 / 100 Nightlife

    Exceptional variety of bars right within a few minutes

  • 80 / 100 Shopping

    Wide variety of shops within a few minutes

  • 70 / 100 Parks

    Large amount of park space nearby

  • 0 / 100 Noise Level

    Many sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about Theory Madison

Where is Theory Madison located?

Theory Madison is located at 427 N Lake St near the Downtown Madison area of Madison, WI

What is the current rent range at Theory Madison?

Studio to 5 Bedroom Apartments at Theory Madison currently range from $865 to $2,299

When is the leasing office open?

  • The office Hours for Theory Madison are
  • Monday 10:00 am–6:00 pm
  • Tuesday 10:00 am–6:00 pm
  • Wednesday 10:00 am–6:00 pm
  • Thursday 10:00 am–6:00 pm
  • Friday 10:00 am–6:00 pm
  • Saturday 12:00 pm–5:00 pm
  • Sunday 1:00 pm–5:00 pm

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 Theory Madison is: Limited-time offer: Save up to $4920 for Fall 2026!~~For a limited time save up to $4920 for fall with rates as low as $899!.

Lifestyle Ratings

  • Cost Per Sq.Ft. 4.0

    The Cost Per Square Foot rating shows you the average cost per square foot for floorplans at this community in relation to the local average.

  • Affordability Good Value3.6

    The Theory Madison Apartments are 39.85% cheaper than the average apartment in the Downtown Madison area, and 31.45% cheaper than the average apartment city-wide.

    Rent Comparison to the Downtown Madison Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$2,299$2,053+$24612.0%
    2 Bedroom$999$2,706-$1,707-63.1%
    4 Bedroom$865$1,864-$999-53.6%
    5 Bedroom$1,199$2,648-$1,449-54.7%

    Rent Comparison to the city of Madison

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$2,299$1,695+$60435.6%
    2 Bedroom$999$2,105-$1,106-52.5%
    4 Bedroom$865$1,888-$1,023-54.2%
    5 Bedroom$1,199$2,648-$1,449-54.7%

    Methodology: On 08/01/2026, ApartmentHomeLiving.com compared current rents by floorplan to 884 other apartment communities in the immediate area around Theory Madison (Downtown Madison), and 2412 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 08/01/2026

  • Student Living 4.0

    Rentals that are highly rated for the Student Living Lifestyle rating have top features and amenities that benefit students and others who enjoy living the student lifestyle.

    Rating Factors

    This 4.0-star Student Living rating is based on the following features:

    • Individual Leases Available
    • Walk To Campus
    • Roommate Matching
    • Individual Locking Bedrooms
    • Shuttle To Campus
    • Hi Speed Internet/Wi-Fi
    • Community-Wide WiFi
    • Study Lounge
    • Private Bathroom
    • Package Service
    • Washer/Dryer In Unit
    • Views
    • Swimming Pool(s)
    • Fitness Center
    • Roof Terrace
    • Sundeck(s)
    • Elevator(s)
    • Multi-Use Room
    • Property Manager on Site
    • Family Rooms
    • Large Bedrooms
    • High Ceilings
    • Granite Countertops
    • Refrigerators
    • Ranges
    • Kitchens
    • Eat in Kitchen or Dining Rooms
    • Dishwashers
    • Wheelchair Access
    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Sauna
    • Picnic Area
    • Grill(s)
    • Lounge
    • Maintenance on site
    • Trash Compactor
    • Courtyard
    See more
    See less

  • Work From Home 3.2

    Apartments and Homes with top Work From Home Lifestyle ratings have displayed the best amenities and community features that support the remote working from home lifestyle.

    Rating Factors

    This 3.2-star Work From Home rating is based on the following features:

    • Community-Wide WiFi
    • Multi-Use Room
    • Business Center(s)
    • Conference Rooms
    • High Speed Internet Access
    • Hi Speed Internet/Wi-Fi
    • Office(s)
    • Package Service
    • Fitness Center
    • Air Conditioning
    • Dishwashers
    • Family Rooms
    See more
    See less
Learn more about Lifestyle Search

Points of Interest

Time and distance from Theory Madison.

Arts Museums and Landmarks

Madison Museum of Contemporary Art

227 State Street
1 minute drive / 0.65 miles away

Overture Center for the Arts

201 State Street
2 minute drive / 0.67 miles away

Wisconsin Capitol Building

2 East Main Street
2 minute drive / 0.9 miles away

Big Box and Retail

Kohl's

2501 W Broadway
6 minute drive / 2.98 miles away

Walgreens

5300 Monona Dr
8 minute drive / 3.81 miles away

Menards

6401 Copps Ave
9 minute drive / 4.64 miles away

Colleges and Universities

Edgewood University - Main Campus

1000 Edgewood College Drive
3 minute drive / 1.33 miles away

University of Wisconsin at Madison

500 Lincoln Dr
5 minute drive / 1.71 miles away

Madison Area Technical College - Truax Campus

1701 Wright Street
10 minute drive / 4.75 miles away

Groceries

Whole Foods

4710 Madison Yards Way
6 minute drive / 2.97 miles away

Cub Foods

4141 Nakoosa Trl
11 minute drive / 5.19 miles away

Hy-Vee

2920 Fitchrona Rd
12 minute drive / 5.62 miles away

Hospitals

Meriter Hospital

202 S Park St
1 minute drive / 0.32 miles away

Ssm Health St. Mary's Hospital - Madison

700 South Park St
2 minute drive / 0.75 miles away

University Of Wisconsin Hospitals And Clinics Authority

600 Highland Avenue
4 minute drive / 1.55 miles away

Parks and Recreation

Lakeshore Nature Preserve

610 Walnut Street
4 minute drive / 1.34 miles away

Theory Madison has 1 park within 1.3 miles, including Lakeshore Nature Preserve.

Shopping Centers

449 State

449 State St
1 minute drive / 0.45 miles away

Manchester Place

2 E Mifflin St
2 minute drive / 0.84 miles away

Wingra Creek Plaza

1216-1276 S Park St
3 minute drive / 1.18 miles away

Theory Madison has 5 shopping centers within 1.7 miles.

Nearby Neighborhoods

State-Langdon

Studio to 7 Bedroom Apartments from $782
View Rentals

Downtown Madison

Studio to 7 Bedroom Apartments from $782
View Rentals

Capitol

Studio to 7 Bedroom Apartments from $782
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Madison Studio Apartments $1,483$782$2,601
Madison 1 Bedroom Apartments $1,695$606$3,750
Madison 2 Bedroom Apartments $2,105$763$6,770
Madison 3 Bedroom Apartments $2,459$550$10,000+
Madison 4 Bedroom Apartments $1,888$865$6,700
Madison 5 Bedroom Apartments $2,648$941$7,250

Browse Top Apartments in Madison

By Price

By Community Type

By Amenities

Viewing: Theory Madison | Desktop Version | Listing Updated: 07/25/2026 | AHLDIA