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Studio Apartments for Rent in Sherman Terrace, Madison, WI - 4 Rentals available

  • Apartment in Sherman Terrace
    1614 Fordem Avenue, Madison, WI 53704
    $765 - $1,270
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (608) 259-1061
  • Apartment in Sherman Terrace
    1622 & 1750 Fordem Ave, Madison, WI 53704
    • Studio-3 Beds
    • 1-2 Baths
    (608) 241-4179
  • Apartment in Sherman Terrace
    1614 Fordem Avenue , Madison, WI 53704
    • Studio-3 Beds
    • 1-2 Baths
    (855) 736-8223
  • Apartment in Sherman Terrace
    1818 Fordem Avenue Apt. 9, Madison, WI 53704
    $960 - $980
    • Studio-3 Beds
    • 1-2 Baths
    Wisconsin Management Company, Inc.
    Available Today!
    (608) 244-8727

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Sherman Terrace, Madison, WI Demographics

  • Total Population45,130
  • Female 21,871
    Male 23,259
  • Median Age36.6

Average Rent in Sherman Terrace, Madison, WI

  • Sherman Terrace, Madison, WI Average Rental Price, January 2019$1,041/mo

Sherman Terrace, Madison, WI Apartment Rent Ranges

  • $501-$7002%
  • $701-$1,00049%
  • $1,001-$1,50044%
  • $1,501-$2,0004%

Sherman Terrace, Madison, WI Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jan / 2019
Sherman Terrace, Madison, WI $948 $967 $980 $1,003 $1,018 $1,002 $1,014 $1,014 $1,041
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396

Sherman Terrace, Madison, WI Households

  • Total Number of Households20,344
  • Family 10,571
    Non-family 9,773
  • Children 4,915
    No Children 15,429
  • Average People Per Household2.19
  • Median Household Income$52,033
  • Median Housing Costs Per Month$998

Sherman Terrace, Madison, WI Education Statistics

  • No High School3%
  • Some High School24%
  • Some College24%
  • Associate Degree9%
  • Bachelor Degree26%
  • Graduate Degree14%

Renting a studio apartment in Sherman Terrace, Madison, WI

Looking to find an efficiency apartment in Sherman Terrace, Madison, WI? You’re not the only one. Studio apartments are one of the most searched types of rental housing in Sherman Terrace, Madison, WI. They give you the advantage of living in a trendy neighborhood close to work, shopping, dining, entertainment and public transportation while keeping your rent expense at a minimum. In Sherman Terrace, Madison, WI you have no less than 4 properties to choose from, offering a total of 4 small apartments.

Efficiency apartment vs bachelor flat: which one is right for you?

Cheap studios and efficiency apartments normally have the kitchen in the main room, which is a major discouraging factor for renters… But don’t let this scare you away: there are always some exceptions that prove the rule, and it’s worth locating them in Sherman Terrace, Madison, WI too. Some newer apartment buildings have very spacious floor-plans with layouts that allow you to divide the sleeping and living space for more privacy and comfort. A few design tricks, like a well-placed mirror, a bookshelf divider and functional space-saving furniture can make all the difference. As a benchmark, keep in mind that, in this neighborhood, apartments offer about 984 Sqft of living space, on average. Be prepared that bachelor flats with a separate kitchen tend to be a bit more expensive than your average one room apartment. If you plan on cooking and eating in a lot, it may be worth spending the extra dollars per month to have your kitchen separate from your bedroom/living area. It all comes down to finding a studio apartment that fits your lifestyle and your personal preferences.