Lease length:Contact for details
$1,375/mo
2 beds1 bath800 sqft
Apartment for rent506-518 Shepard Terrace, 602 N. Franklin Avenue, 2737 Lynn Terrace, Madison, WI, 53705
506-518 Shepard Terrace, 602 N. Franklin Avenue, 2737 Lynn Terrace
This 2 bedroom, 1 bathroom apartment is just off University Avenue, located near the UW Hospital. It is located in the University Heights neighborhood with quick access to both Hilldale Mall and Downtown Madison. -One surface parking space included w/ rent -$75/month utility fee (includes water, hot water and heat) -Resident responsible for electricity and internet -Security Deposit equal to 1/2 month's rent -Professionally managed with 24-hour emergency maintenance -Tenant must obtain and show proof of renter's insurance -No smoking in the unit **photos of a similar apartment in the building**
Last updated Jul 7, 2026
Amenities
- Air conditioning: Other
- Parking: Other
- Storage
- Washer & dryer: On-site
Neighborhood
506-518 Shepard Terrace, 602 N. Franklin Avenue, 2737 Lynn Terrace, Madison, WI, 53705
Policies & fees
Security deposit:$687.50
Amount refundable:Contact for details
Pets:Allowed
Small Dogs Allowed, Large Dogs Allowed, Cats Allowed
Monthly pet fee:Contact for details
Pet deposit:Contact for details
Application fee:Contact for details
Screening required:No
Smoking:N/A
Utilities
Contact for details
- Cable/satellite
- Electric
- Garbage
- Gas
- HOA fees
- Internet
- Water
- Sewer
- Renters insurance
Property highlights
- Pet friendly: cats & dogs are welcome in Madison, WI
- Extra storage space included
- Spacious 2-bed, 1-bath layout with 800 sq ft
Frequently asked questions
Yes, pets are welcome at 506-518 Shepard Terrace, 602 N. Franklin Avenue, 2737 Lynn Terrace, Madison, WI, 53705. Breed restrictions and additional fees may apply, so please speak with the owner or property manager for more information.
There is parking available at this apartment. Fees may apply depending on the type of parking offered, so please speak with the owner or property manager for details.
This rental doesn't have an in-unit washer and dryer, but on-site laundry facilities are available.
Utility information for this property is not listed. Please speak with the owner or property manager for details.
This apartment at 506-518 Shepard Terrace, 602 N. Franklin Avenue, 2737 Lynn Terrace, Madison, WI, 53705 is available now!
A common guideline is to spend no more than 30% of your gross income on rent. At $1,375/month, that generally works out to around $55,000/year in income. Exact requirements can vary by owner or property manager, so please confirm directly with them.
This apartment at 506-518 Shepard Terrace, 602 N. Franklin Avenue, 2737 Lynn Terrace, Madison, WI, 53705 has 2 bedrooms, 1 bathroom and 800 square feet of living space.
Price and availability subject to change.