Last Updated: 1 Day Ago

Monthly Rent

$1,585 - $3,500

Beds

Studio - 3

Baths

1 - 2

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Note: Based on community-supplied data and independent market research. Subject to change without notice.

Lease Terms

Contact office for Lease Terms

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

  • One-Time Move-In Fees
  • Application Fee
    $25

The Penny Rent Calculator

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Pets

Expenses

Note: Based on community-supplied data and independent market research. Subject to change without notice.

One-Time Expenses

  • Additional Discounts
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  • Additional Expenses
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Total (One-Time)

Monthly Expenses

  • Rent*
  • Additional Discounts
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  • Additional Expenses
    $
* - Based on 12 month lease
Total (Monthly)

About The Penny

The Penny is “Sur Le Chemin”, on the path. This new apartment community is rooted in Madison’s Marquette Neighborhood, just off Willy Street, overlooking McPike Park and directly connected to the Capital City Bike Path. Inside The Penny you will find a welcoming lobby, comfortable gathering spaces, a beautiful library, a cozy theater, and a terrace with views of the park. Just minutes from downtown Madison, both lakes, neighborhood restaurants, cafes, music venues, galleries, and UW Madison destinations, The Penny offers a lifestyle that feels warm, vibrant, and connected. Live at The Penny and find your path. Thoughtfully designed studio, one bedroom, two bedroom, and three bedroom residences offer room to live, work, relax, and entertain. Light filled interiors, warm finishes, and refined details create homes that feel modern, calm, and comfortable. The Penny offers a thoughtfully crafted living experience in one of Madison’s most loved neighborhoods, giving you a place that simply feels like home.

The Penny is located in Madison, Wisconsin in the 53703 zip code. This apartment community was built in 2026 and has 6 stories with 124 units.

Special Features

  • Terrace
  • Library
  • Lounge
  • Dog Wash

Community Features

  • Laundry Facilities
  • 24 Hour Access
  • Trash Pickup - Curbside
  • Car Charging Station
  • Key Fob Entry
  • Elevator
  • Lounge
  • Fitness Center
  • Walking/Biking Trails
  • Media Center/Movie Theatre

Floorplan Amenities

  • Washer/Dryer
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Cable Ready
  • Tub/Shower
  • Intercom
  • Dishwasher
  • Disposal
  • Stainless Steel Appliances
  • Pantry
  • Island Kitchen
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Quartz Countertops
  • Vinyl Flooring
  • Balcony
  • Patio

Parking

Garage

Security

  • Controlled Access

Pet Policy

Dogs Allowed

Veterinary verification required. Must be spayed/neutered and up to date on all vaccines. Dogs, 6 months of age or older, must be spayed or neutered and current on rabies. Breed restrictions apply. Maximum 1 dog per 1 bedroom, 2 pets per apartment.

Dogs 6 months and under - Non-refundable $150 fee + $50/month per dog *Proof of spayed or neutered required once 6 months old in order to remain approved at the community they are residing in. Please visit our website for full pet policy.

  • $50 Monthly Pet Rent
  • 2 Pet Limit

Cats Allowed

Veterinary verification required. Must be spayed/neutered and up to date on all vaccines. We recommend that cats with front claws wear Soft Paws claw caps. Maximum 2 pets per apartment.

Please visit our website for full pet policy.

  • $25 Monthly Pet Rent
  • 2 Pet Limit

Airport

  • Dane County Regional/Truax Field

    Drive: 9 min 4.6 mi

Universities

Parks & Recreation

  • Madison Children's Museum

    Drive: 3 min 1.2 mi

  • Ice Age National Scenic Trail

    Drive: 4 min 1.4 mi

  • Turville Point Park

    Drive: 5 min 1.9 mi

  • Olbrich Botanical Gardens

    Drive: 7 min 2.4 mi

  • UW Zoological Museum

    Drive: 7 min 2.6 mi

Shopping Centers & Malls

Schools

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Downtown Madison in Madison, WI

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