315 N Franklin St, Madison, WI 53703
What This Apartment Offers
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.
Unit #2
- $1,300
Total Monthly Price 12 Month Lease
- 1 Bed
- 1 Bath
- 650 sq. ft.
- Available Aug 15
Apartment Features
- Basement
- Hardwood Floors
- Heating
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Smoke Free
- Storage Units
- Washer/Dryer
Community Features
- Laundry Facilities
- Storage Space
- Utilities Included
315 N Franklin St Unit #2 is an apartment for rent in Madison, WI
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Cats Allowed
- Fee Not Specified
Parking
- Surface Lot$130/mo
Property Fee Disclaimer Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Explore Commute Options
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
Get In Touch
Madison, WI 53703
Area Scores
Walkability
Very walkable80 / 100
Transit
Some public transit50 / 100
Driveability
Moderately drivable70 / 100
Bikeability
Moderately bikeable70 / 100
Soundscore ™
Active70 / 100
Travel and Transit
Local Education
Primary and Secondary Schools
Marquette Elementary School
Grades K-5
Public
Lapham Elementary School
Grades PK-5
Public
O'keeffe Middle School
Grades 6-8
Public
St James Catholic School
Grades PK-8
Private
East High School
Grades 9-12
Public
The Keystone School
Grades 6-12
Private
K12 International Academy
Grades K-12
Private
Data provided by GreatSchools.org © 2026. All rights reserved.
Colleges and Universities
School
Commute Time (Distance)
Edgewood University
Drive: 9 min (3.1 mi)
University of Wisconsin
Drive: 9 min (3.2 mi)
Madison Area Technical College
Drive: 11 min (4.9 mi)
Herzing University
Drive: 18 min (8.2 mi)
Discover Downtown Madison, Madison, WI
Shopping Centers
Shoppers will appreciate 315 N Franklin St Unit #2 proximity to The Gateway, 449 State, and Third Lake Market. The Gateway is 0.8 miles away, and 449 State is within a 14 minute walk.
Commuting
With a TransitScore of 50, 315 N Franklin St Unit #2 has some public transit, including 2 transit stops within 38 miles. Transit options include Columbus Amtrak Station and Portage.
Parks and Recreation
Recreational activities near 315 N Franklin St Unit #2 are plentiful. Discover 5 parks within 1.7 miles, including Madison Children's Museum, Ice Age National Scenic Trail, and UW Zoological Museum.
Airports
Living in Downtown Madison provides easy access to Dane County Regional/Truax Field, located just 10 minutes from 315 N Franklin St Unit #2.
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