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Ovation 309 apartments in Madison, WI

Updated

Ovation 309

309 W Johnson St, Madison, WI 53703, USA

Live pricing, refreshed

17
Units Listed
$2,319
Starting at
$3,283
Average
$3,999
Highest
$3.18
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Tenney-Lapham rent trends

Rent Distribution

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (10)

Largest 8 movers of 10

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$2.0M

$24M annual run rate

Modeled estimate

Est. Occupancy

97%

of about 633 units (modeled from leasing activity)

Effective Rent on New Leases

$3,234

vs $3,283 current asking ($49 negotiation gap)

Recent Lease Activity

133 units tracked; 116 assumed leased, 17 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

17

Good availability

17 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

17 units
Studio 04-0415
$2,319/mo
842 ft² · $2.75/ft² · #3
Down $1,431 since Sep 30 (was $3,750)
Studio 04-0516
$2,340/mo
740 ft² · $3.16/ft² · #6
Down $5 since Sep 30 (was $2,345)
Studio 04-0843
$2,720/mo
776 ft² · $3.51/ft² · #11
Down $5 since Sep 30 (was $2,725)
Studio 04-0622
$2,849/mo
1,071 ft² · $2.66/ft² · #8
Studio 04-0401
$2,899/mo
1,219 ft² · $2.38/ft² · #1
Studio 04-0423
$2,949/mo
1,253 ft² · $2.35/ft² · #4
Studio 04-0545
$3,249/mo
1,229 ft² · $2.64/ft² · #7
Studio 04-1133
$3,295/mo
993 ft² · $3.32/ft² · #15
Studio 04-1233
$3,320/mo
993 ft² · $3.34/ft² · #16
Up $25 since Sep 27 (was $3,295)
Studio 04-0844
$3,575/mo
1,229 ft² · $2.91/ft² · #12

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Train activity nearby

Freight line 2,483 ft away · 1 trains/day

  • Daytime only (1 trains)
  • Quiet zone. Horns are silenced at the nearest crossing.
  • Operator: WSOR

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Madison, WI notes

No resident notes for this property yet.

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