Apartments for Rent in the Sherman Terrace Neighborhood of Madison, WI (587 Rentals)

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Sherman Terrace, Madison, WI Local Guide

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Madison. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Family-Friendly Rating

When renting for a family with young ones, location matters. Amongst all of the communities in Madison, Sherman Terrace is known as one of the best-regarded neighborhoods for families, with a score of 4.0 out of 4. Family Friendly ratings are based on community features and environments that help parents and children to thrive. Family Friendly submarkets provide resources like parks, and more.

Outdoors Rating

We think living with nice outdoor spaces is critically important. This area of town is a highly-rated area for its many the great outdoors, with a score of 4.0 out of 4.

Luxury Living Rating

This residential area has now become known as one of our preferred upscale communities in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like olympic-sized pools, on-site concierge services, park views, easy access to green space, and kitchen details like granite and high-end fixtures. Other luxury items often include wood-burning fireplaces, raquetball courts, and for some communities, even a doorman to greet residents.

Pet Friendly Rating

Pet owners, listen up! this area is now ranked as one of the finest neighborhoods for renters with pets, with a score of 4.0 out of 4.

Getting Around the Sherman Terrace Neighborhood in Madison, WI

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

92 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Sherman Terrace

How much are Studio apartments in Sherman Terrace?

There are currently 219 Studio Apartments in Sherman Terrace with rent ranges from $775 to $2,585 with an average price of $1,671.

What is the current price range for One Bedroom Sherman Terrace Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Sherman Terrace ranges from $900 to $3,500 with an average monthly rent of $2,060.

What does renting a Two Bedroom Apartment in Sherman Terrace cost?

The monthly rent prices of Two Bedroom Apartments currently available in Sherman Terrace range from $750 to $7,000. Today's average rental price for Two Bedrooms here is $2,673.

How expensive are Sherman Terrace Three Bedroom Apartments?

There are currently 152 Three Bedroom Apartments listings available in Sherman Terrace on ApartmentHomeLiving.com. The pricing ranges from $1,012 to $6,450 - averaging $2,936 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison

Written by: Mike Heuer

I’m Mike, your ApartmentHomeLiving.com local expert for Madison, Wisconsin. I lived and worked in Madison for several years before career opportunities took me elsewhere.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.