Luxury Apartments for Rent in the Sherman Terrace Neighborhood of Madison, WI (82 Rentals)

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The most luxurious Apartments in the Sherman Terrace area of Madison with high-end amenities, features, and finishes.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Sherman Terrace, Madison, WI Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

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

Our team compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Sherman Terrace, Madison, and the greater Madison area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Luxury Living Rating

This section of town has emerged as one of our favorite higher-end communities in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like pools, saunas, workout spaces, on-site concierge services, gardens, nearby parks, and quartz countertops in the kitchen with high-end appliances. Luxury submarkets also often offer wood-burning fireplaces, tennis courts, and a full-time security staff or doorman.

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 143 Studio Apartments in Sherman Terrace with rent ranges from $750 to $5,800 with an average price of $1,784.

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 $565 to $3,800 with an average monthly rent of $2,120.

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 $780 to $7,000. Today's average rental price for Two Bedrooms here is $2,841.

How expensive are Sherman Terrace Three Bedroom Apartments?

There are currently 109 Three Bedroom Apartments listings available in Sherman Terrace on ApartmentHomeLiving.com. The pricing ranges from $742 to $6,430 - averaging $2,434 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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.