Near East 2-Flat - Lower flat is a 4-bedroom/1.5 bathroom with us of the detached, 2-car garage. Upper flat divided into three private, lockable rooms with shared kitchen and bathroom, and one spot in the off-street parking lots. Just one block to beautiful Burrows Park on Lake Mendota.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 2015 Sherman Avenue by bedroom type below.
Studio
Suggested income:
$19,600
per year
Rent report
2015 Sherman Avenue Rent vs. Madison Average
2015 Sherman Avenue
Madison Average
Studio
$545
$1,356
$0
$450
$900
$1,350
$1,800
2015 Sherman Avenue is asking 60%
less than the average studio apartment in
Madison.
If you upsized to an average priced Madison 1 bedroom apartment, you would pay
15% more per month.
2015 Sherman Avenue provides 72%
less square footage than the average
Madison studio apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
2015 Sherman Avenue
Studio
$545
$4.20
$1,635
Madison Average
Studio
$1,356
$2.90
$4,069
1BR
$1,603
$2.30
$4,808
2BR
$2,059
$2.00
$6,178
3BR
$2,281
$1.70
$6,843
4BR
$2,312
$1.50
$6,936
Availability in Madison
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 2,318 2BR
units on the market in Madison. If you're looking to negotiate, this may be your best option.