Available 8/15/2026, this 1 bedroom, 1 bathroom apartment at 315 N Franklin St offers classic Madison character in a quiet, highly convenient location directly next to James Madison Park. The unit features hardwood floors, original wood trim, built-ins, large windows, and great accent details throughout, giving the space a warm and distinctive feel that is hard to find in newer apartments.
The property sits on a quiet street while still being right off E Gorham and E Johnson to easily get in and out of downtown Madison. You are just a short walk from James Madison Park, Lake Mendota, and nearby lake views, with easy access to restaurants, coffee shops, campus, the Capitol Square, and everything downtown has to offer.
Apartment / Property Features:
1 bedroom / 1 bathroom
Available 8/15/2026
12-month leases only
Owner pays water and heat
Tenant pays electric
Secure basement storage included
Coin-operated washer and dryer in basement
Rear parking available for $130/month
Cats allowed, subject to additional security deposit and monthly fee
This is a great option for someone looking for a quiet, well-located apartment with historic charm, practical amenities, and easy access to downtown Madison and Lake Mendota.
Apartment amenities
Property amenities
Bicycle Storage
Building Deposit Fee Maximum: 1300
Building Deposit Fee Minimum: 1300
Electricity not included in rent
Flooring: Hardwood
Heating included in rent
Heating system: Wall
Laundry: Shared
Microwave Oven
Off Street Parking
Oven
Porch Access
Refrigerator
Secured Storage in Basement
Water included in rent
Window Mounted Air Conditioning
Pet policy
Cats allowed
2 pets max
Terms at 315 N Franklin St #2
Unit available 8/15/2026 12 month leases only Owner pays water and heat Secure storage included in basement Tenant pays electric Parking available in rear for $130 per month Cats allowed subject to additional security deposit and monthly fee Coin operated washer and dryer in basement.
Pricing comparison
$867
At $1,300, this listing is priced $867 cheaper than the current market rate for a 1 bedroom home in Capitol.
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