Theory Madison Apartments

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419 N Lake St, Madison, WI 53715
(608) 640-3854
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Theory Madison

419 N Lake St
Madison, WI 53715
(608) 640-3854
Theory Madison in Madison, WI - Building Photo
  • Studio–5 Bedrooms
  • $1,059-$2,299Pricing
  • 361–1,793Square Feet

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

Floorplan Pricing and Availability

Theory Madison offers Studio to 5 Bedroom apartments starting from $1,059 and having 361–1,793 sq ft. Here is the current pricing and availability:

  • Studio

    Floorplan S1

    $1,959

    Studio, 1 Bath, 361 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,959 August 14, 2026Private361

    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

    • $1,959

    Model Rent and Fees

    Price

    • $1,959
  • 1 Bedroom

    Floorplan A1

    $2,299

    1 Bed, 1 Bath, 558 sq ft
    Available August 14, 2026

    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

    Model Rent and Fees

    Price

    • $2,299

    Floorplan A3

    $2,299

    1 Bed, 1 Bath, 558 sq ft
    Available August 14, 2026

    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

    Model Rent and Fees

    Price

    • $2,299
  • 2 Bedrooms

    Floorplan B1

    $1,659

    2 Beds, 1 Bath, 924 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,659 August 14, 2026Private924

    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

    • $1,659

    Model Rent and Fees

    Price

    • $1,659

    Floorplan B3

    $1,059

    2 Beds, 2 Baths, 924 sq ft
    Available August 14, 2026
    Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,059 August 14, 2026Shared924

    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 Shared Rent and Fees

    Unit Price

    • $1,059

    Model Rent and Fees

    Price

    • $1,059

    Floorplan B5

    From $1,299

    2 Beds, 2 Baths, 924 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,689 August 14, 2026Private924
    $1,299 August 14, 2026Shared924

    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

    • $1,299 - $1,689

    Unit Private Rent and Fees

    Unit Price

    • $1,689

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,689

    Unit Shared Rent and Fees

    Unit Price

    • $1,299

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,689

    Floorplan B2

    $1,699

    2 Beds, 2 Baths, 924 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,699 August 14, 2026Private924

    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

    Model Rent and Fees

    Price

    • $1,699

    Floorplan B6

    $1,729

    2 Beds, 2 Baths, 924 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,729 August 14, 2026Private924

    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

    Model Rent and Fees

    Price

    • $1,729

    Floorplan B4

    $1,759

    2 Beds, 2 Baths, 924 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,759 August 14, 2026Private924

    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

    • $1,759

    Model Rent and Fees

    Price

    • $1,759
  • 4 Bedrooms

    Floorplan D1

    $1,529

    4 Beds, 2 Baths, 1406 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,529 August 14, 2026Private1406

    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

    • $1,529

    Model Rent and Fees

    Price

    • $1,529

    Floorplan D4

    $1,559

    4 Beds, 3 Baths, 1406 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,559 August 14, 2026Private1406

    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

    • $1,559

    Model Rent and Fees

    Price

    • $1,559

    Floorplan D9

    From $1,099

    4 Beds, 4 Baths, 1406 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,529 August 14, 2026Private1406
    $1,099 August 14, 2026Shared1406

    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

    • $1,099 - $1,529

    Unit Private Rent and Fees

    Unit Price

    • $1,529

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,529

    Unit Shared Rent and Fees

    Unit Price

    • $1,099

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,529

    Floorplan D8

    From $1,099

    4 Beds, 4 Baths, 1406 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,529 August 14, 2026Private1406
    $1,099 August 14, 2026Shared1406

    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

    • $1,099 - $1,529

    Unit Private Rent and Fees

    Unit Price

    • $1,529

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,529

    Unit Shared Rent and Fees

    Unit Price

    • $1,099

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,529

    Floorplan D5

    $1,599

    4 Beds, 4 Baths, 1406 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,599 August 14, 2026Private1406

    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

    • $1,599

    Model Rent and Fees

    Price

    • $1,599

    Floorplan D3

    $1,599

    4 Beds, 4 Baths, 1406 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,599 August 14, 2026Private1406

    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

    • $1,599

    Model Rent and Fees

    Price

    • $1,599

    Floorplan D2

    $1,669

    4 Beds, 4 Baths, 1406 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,669 August 14, 2026Private1406

    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

    Model Rent and Fees

    Price

    • $1,669

    Floorplan TH3

    $1,699

    4 Beds, 4 Baths, 1406 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,699 August 14, 2026Private1406

    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

    Model Rent and Fees

    Price

    • $1,699

    Floorplan TH2

    $1,699

    4 Beds, 4 Baths, 1406 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,699 August 14, 2026Private1406

    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

    Model Rent and Fees

    Price

    • $1,699

    TH1A

    $1,699

    4 Beds, 4 Baths, 1406 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,699 August 14, 2026Private1406

    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

    Model Rent and Fees

    Price

    • $1,699
  • 5 Bedrooms

    Floorplan E1

    $1,499

    5 Beds, 5 Baths, 1793 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,499 August 14, 2026Private1793

    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

    • $1,499

    Model Rent and Fees

    Price

    • $1,499

    Floorplan E2

    $1,499

    5 Beds, 5 Baths, 1793 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,499 August 14, 2026Private1793

    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

    • $1,499

    Model Rent and Fees

    Price

    • $1,499

    Floorplan TH5

    $1,659

    5 Beds, 5 Baths, 1793 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,659 August 14, 2026Private1793

    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

    • $1,659

    Model Rent and Fees

    Price

    • $1,659

    Floorplan TH4

    $1,659

    5 Beds, 5 Baths, 1793 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,659 August 14, 2026Private1793

    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

    • $1,659

    Model Rent and Fees

    Price

    • $1,659

    Floorplan TH3

    $1,699

    5 Beds, 5 Baths, 1793 sq ft
    Available August 14, 2026

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,699 August 14, 2026Private1793

    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

    Model Rent and Fees

    Price

    • $1,699
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) 640-3854 to schedule a tour.

Property Information

Fees and Policies

Pet Policy and Fees

Cats

  • 2 Pet Limit
  • $35 Monthly Pet Rent

Dogs

  • 2 Pet Limit
  • $35 Monthly Pet Rent

Others

  • 1 Pet Limit
  • Fees Not Specified

Parking Info and Fees

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

Features and Amenities

On-Site Services

  • Package Service
  • Community Wide Wi Fi

Community Features

  • Lounge
  • Multi Use Room
  • Elevator

Outdoor Features

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

Recreation and Fitness

  • Fitness Center
  • Pool

Interior Features

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

Kitchen Amenities

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

Living Area Features

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

Student Features

  • Individual Locking Bedrooms
  • Private Bathroom
  • Study Lounge
Google Map

Map

419 N Lake St, Madison, WI 53715

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday10:00 am–7:00 pm
Tuesday10:00 am–7:00 pm
Wednesday10:00 am–7:00 pm
Thursday10:00 am–7:00 pm
Friday10:00 am–7:00 pm
Saturday12:00 am–5:00 pm
Sunday1:00 pm–5:00 pm

Frequently Asked Questions about Theory Madison

Where is Theory Madison located?

Theory Madison is located at 419 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 $1,059 to $2,299

When is the leasing office open?

  • The office Hours for Theory Madison are
  • Monday 10:00 am–7:00 pm
  • Tuesday 10:00 am–7:00 pm
  • Wednesday 10:00 am–7:00 pm
  • Thursday 10:00 am–7:00 pm
  • Friday 10:00 am–7:00 pm
  • Saturday 12:00 am–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

Lifestyle Ratings

  • Cost Per Sq.Ft. 3.8

    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 24.16% cheaper than the average apartment in the Downtown Madison area, and 14.7% cheaper than the average apartment city-wide.

    Rent Comparison to the Downtown Madison Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$1,959$1,625+$33420.6%
    1 Bedroom$2,299$2,044+$25512.5%
    2 Bedroom$1,059$2,626-$1,567-59.7%
    4 Bedroom$1,099$2,614-$1,515-58.0%
    5 Bedroom$1,499$2,349-$850-36.2%

    Rent Comparison to the city of Madison

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$1,959$1,443+$51635.8%
    1 Bedroom$2,299$1,709+$59034.5%
    2 Bedroom$1,059$2,090-$1,031-49.3%
    4 Bedroom$1,099$2,635-$1,536-58.3%
    5 Bedroom$1,499$2,349-$850-36.2%

    Methodology: On 09/28/2025, ApartmentHomeLiving.com compared current rents by floorplan to 1734 other apartment communities in the immediate area around Theory Madison (Downtown Madison), and 2769 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 09/28/2025

  • Student Living 3.2

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

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

West High

Madison Metropolitan
30 Ash Street
Public School - Grades 9-12 (2147 Students)
In Attendance Zone4 minute drive / 1.5 miles away
9/10

Franklin Elementary

Madison Metropolitan
305 West Lakeside Street
Public School - Grades PK-2 (297 Students)
In Attendance Zone4 minute drive / 1.4 miles away

Randall Elementary

Madison Metropolitan
1802 Regent Street
Public School - Grades 3-5 (311 Students)
In Attendance Zone3 minute drive / 1.1 miles away
9/10

Hamilton Middle

Madison Metropolitan
4801 Waukesha Street
Public School - Grades 6-8 (725 Students)
In Attendance Zone6 minute drive / 3.2 miles away
8/10
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 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 College

1000 Edgewood College Drive
4 minute drive / 1.34 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

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 $1,443$775$4,235
Madison 1 Bedroom Apartments $1,709$641$8,220
Madison 2 Bedroom Apartments $2,090$750$8,237
Madison 3 Bedroom Apartments $2,574$839$6,445
Madison 4 Bedroom Apartments $2,635$1,080$6,700
Madison 5 Bedroom Apartments $2,349$799$8,150

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Viewing: Theory Madison | Desktop Version | Listing Updated: 09/28/2025 | AHLDIA