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Theory Madison apartments in Madison, WI

Updated

Theory Madison

427 N Lake St, Madison, WI 53715, USA

Live pricing, refreshed

14
Units Listed
$1,039
Starting at
$1,485
Average
$1,769
Highest
$1.12
Per Sq Ft

How does this compare? View Greenbush 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: observed data only.

Observed Lease Revenue

$130K/mo

from 77 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,688

vs $1,485 current asking

Recent Lease Activity

91 units tracked; 77 assumed leased, 14 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

14

Moderate availability

14 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

14 units
Studio 716-D
$1,039/mo
1,406 ft² · $0.74/ft² · #8
Down $519 since Sep 23 (was $1,558)
Studio 828-D
$1,049/mo
1,406 ft² · $0.75/ft² · #12
Down $444 since Sep 23 (was $1,493)
Studio 1119-A1
$1,119/mo
924 ft² · $1.21/ft² · #30
Studio 814-A
$1,319/mo
924 ft² · $1.43/ft² · #10
Down $439 since Sep 23 (was $1,758)
Studio 1521-C
$1,319/mo
1,793 ft² · $0.74/ft² · #79
Studio 830-B
$1,459/mo
1,406 ft² · $1.04/ft² · #13
Down $64 since Sep 23 (was $1,523)
Studio 805-D
$1,559/mo
1,406 ft² · $1.11/ft² · #9
Down $49 since Sep 23 (was $1,608)
Studio 902-C
$1,609/mo
1,406 ft² · $1.14/ft² · #14
Down $49 since Sep 23 (was $1,658)
Studio 1201-C
$1,629/mo
1,406 ft² · $1.16/ft² · #34
Studio 314-B
$1,669/mo
1,793 ft² · $0.93/ft² · #3
Down $49 since Sep 23 (was $1,718)

Train activity

Train activity nearby

Freight line 1,812 ft away · 1 trains/day

  • Daytime only (1 trains)
  • No road crossing within earshot. Horns unlikely.
  • 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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