The Penny

Starting at $1,585
Total Monthly Price
Studio-3 Beds
1-2 Baths
377+ Sq Ft

One Month Free Rent!

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Highlights

  • New Construction
  • Media Center/Movie Theatre
  • Pet Washing Station
  • Controlled Access
  • Walking/Biking Trails
  • Island Kitchen

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.

Listing Provided By

Pricing and Floor Plans

The total monthly price shown includes only the required fees. Additional fees may still apply to your rent. Use the rental calculator to estimate all potential associated costs.

Studio

Studio 1

$1,585 - $1,615 Total Monthly Price
  • Studio
  • 1 Bath
  • 377 Sq Ft
https://imagescdn.homes.com/i2/Jt7kVZFP7csAERuiCZHf5mZ8nZgae2qRVsDO4kRLGaA/116/the-penny-madison-wi.jpg?t=p&p=1
12 Available Units
Unit Total Price Sq Ft Availability Unit Details
320 $1,585 377 Mar 1, 2027
324 $1,585 377 Mar 1, 2027
328 $1,585 377 Mar 1, 2027
318 $1,595 377 Mar 1, 2027
322 $1,595 377 Mar 1, 2027
326 $1,595 377 Mar 1, 2027
420 $1,605 377 Mar 1, 2027
424 $1,605 377 Mar 1, 2027
428 $1,605 377 Mar 1, 2027
418 $1,615 377 Mar 1, 2027
422 $1,615 377 Mar 1, 2027
426 $1,615 377 Mar 1, 2027

Studio

$1,680 - $1,995 Total Monthly Price
  • Studio
  • 1 Bath
  • 538 Sq Ft
https://imagescdn.homes.com/i2/2X1F_AGTPZzZqsqm6PSR2PhQJXAF8NkIJA31-U3Fo_I/116/the-penny-madison-wi-3.jpg?t=p&p=1
24 Available Units
Unit Total Price Sq Ft Availability Unit Details
316 $1,680 538 Mar 1, 2027
416 $1,680 538 Mar 1, 2027
516 $1,690 538 Mar 1, 2027
616 $1,700 538 Mar 1, 2027
303 $1,705 546 Mar 1, 2027
305 $1,705 546 Mar 1, 2027
343 $1,705 546 Mar 1, 2027
403 $1,715 546 Mar 1, 2027
405 $1,715 546 Mar 1, 2027
441 $1,715 546 Mar 1, 2027
443 $1,715 546 Mar 1, 2027
503 $1,725 546 Mar 1, 2027
541 $1,725 546 Mar 1, 2027
543 $1,725 546 Mar 1, 2027
603 $1,735 546 Mar 1, 2027
641 $1,735 546 Mar 1, 2027
643 $1,735 546 Mar 1, 2027
609 $1,965 620 Mar 1, 2027
611 $1,965 620 Mar 1, 2027
509 $1,995 620 Mar 1, 2027
511 $1,995 620 Mar 1, 2027
203 $1,695 546 Apr 1, 2027
205 $1,695 546 Apr 1, 2027
243 $1,695 546 Apr 1, 2027

1 Bedroom

One Bedroom

$1,930 - $2,730 Total Monthly Price
  • 1 Bed
  • 1 Bath
  • 651 Sq Ft
https://imagescdn.homes.com/i2/T_nMP9ru8m45cpikpdQxlVjHzlJhjTZJYmayDFxHXaA/116/the-penny-madison-wi-8.jpg?t=p&p=1
73 Available Units
Unit Total Price Sq Ft Availability Unit Details
309 $2,210 756 Mar 1, 2027
311 $2,210 756 Mar 1, 2027
317 $2,225 756 Mar 1, 2027
323 $2,225 756 Mar 1, 2027
331 $2,225 756 Mar 1, 2027
409 $2,225 756 Mar 1, 2027
411 $2,225 756 Mar 1, 2027
417 $2,240 756 Mar 1, 2027
423 $2,240 756 Mar 1, 2027
430 $2,240 756 Mar 1, 2027
431 $2,240 756 Mar 1, 2027
315 $2,255 752 Mar 1, 2027
319 $2,255 752 Mar 1, 2027
327 $2,255 752 Mar 1, 2027
330 $2,255 756 Mar 1, 2027
333 $2,255 752 Mar 1, 2027
517 $2,255 756 Mar 1, 2027
521 $2,255 756 Mar 1, 2027
524 $2,255 756 Mar 1, 2027
525 $2,255 756 Mar 1, 2027
415 $2,270 752 Mar 1, 2027
419 $2,270 752 Mar 1, 2027
427 $2,270 752 Mar 1, 2027
433 $2,270 752 Mar 1, 2027
518 $2,270 756 Mar 1, 2027
520 $2,270 756 Mar 1, 2027
522 $2,270 756 Mar 1, 2027
617 $2,270 756 Mar 1, 2027
621 $2,270 756 Mar 1, 2027
624 $2,270 756 Mar 1, 2027
625 $2,270 756 Mar 1, 2027
515 $2,285 752 Mar 1, 2027
519 $2,285 752 Mar 1, 2027
523 $2,285 752 Mar 1, 2027
533 $2,285 752 Mar 1, 2027
618 $2,285 756 Mar 1, 2027
620 $2,285 756 Mar 1, 2027
622 $2,285 756 Mar 1, 2027
615 $2,300 752 Mar 1, 2027
619 $2,300 752 Mar 1, 2027
623 $2,300 752 Mar 1, 2027
633 $2,300 752 Mar 1, 2027
337 $2,400 799 Mar 1, 2027
437 $2,415 799 Mar 1, 2027
537 $2,430 799 Mar 1, 2027
637 $2,445 799 Mar 1, 2027
301 $2,505 849 Mar 1, 2027
345 $2,505 849 Mar 1, 2027
307 $2,515 838 Mar 1, 2027
401 $2,525 849 Mar 1, 2027
407 $2,525 838 Mar 1, 2027
445 $2,525 849 Mar 1, 2027
501 $2,545 849 Mar 1, 2027
545 $2,545 849 Mar 1, 2027
601 $2,565 849 Mar 1, 2027
645 $2,565 849 Mar 1, 2027
439 $2,715 901 Mar 1, 2027
539 $2,730 907 Mar 1, 2027
201 $1,930 651 Apr 1, 2027
245 $1,930 651 Apr 1, 2027
217 $2,180 756 Apr 1, 2027
209 $2,195 756 Apr 1, 2027
211 $2,195 756 Apr 1, 2027
221 $2,195 756 Apr 1, 2027
231 $2,195 756 Apr 1, 2027
220 $2,225 756 Apr 1, 2027
222 $2,225 756 Apr 1, 2027
215 $2,240 752 Apr 1, 2027
219 $2,240 752 Apr 1, 2027
223 $2,240 752 Apr 1, 2027
233 $2,240 752 Apr 1, 2027
237 $2,385 799 Apr 1, 2027
207 $2,475 838 Apr 1, 2027

2 Bedrooms

Two Bedroom

$2,945 - $3,240 Total Monthly Price
  • 2 Beds
  • 2 Baths
  • 1,038 Sq Ft
https://imagescdn.homes.com/i2/QNZrW5RXTGRcoFrLoE5g0v4JVPAceVGlDsD2__htMeo/116/the-penny-madison-wi-19.jpg?t=p&p=1
12 Available Units
Unit Total Price Sq Ft Availability Unit Details
335 $2,945 1,195 Mar 1, 2027
435 $2,985 1,195 Mar 1, 2027
535 $3,005 1,195 Mar 1, 2027
635 $3,025 1,195 Mar 1, 2027
613 $3,030 1,038 Mar 1, 2027
513 $3,050 1,038 Mar 1, 2027
313 $3,090 1,179 Mar 1, 2027
413 $3,110 1,179 Mar 1, 2027
607 $3,190 1,217 Mar 1, 2027
507 $3,240 1,217 Mar 1, 2027
235 $2,945 1,195 Apr 1, 2027
213 $3,050 1,179 Apr 1, 2027

3 Bedrooms

Three Bedroom

$3,500 Total Monthly Price
  • 3 Beds
  • 2 Baths
  • 1,449 Sq Ft
https://imagescdn.homes.com/i2/lP6WjFvFghQEmlzyVdkq5Dj8G2NOLb3MdcB3RNN7iIQ/116/the-penny-madison-wi-26.jpg?t=p&p=1
2 Available Units
Unit Total Price Sq Ft Availability Unit Details
339 $3,500 1,449 Mar 1, 2027
239 $3,500 1,449 Apr 1, 2027

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Rent Estimate Calculator to determine your monthly and one-time costs based on your requirements.

Required Fees
One-Time Basics
Due at Application
Application Fee Per Applicant
$25
Pets
Dogs
Monthly Pet Fee
$50 / mo
Pet Fee
$50
Details and Requirements
Max of 2. Pet interview, Spayed/Neutered
Cats
Monthly Pet Fee
$25 / mo
Details and Requirements
Max of 2. Pet interview, Spayed/Neutered
Parking
Garage Lot
Parking Fee
$175 / mo
Electric Vehicle Parking
Parking Fee
$250 / 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.

Community Details

Property Information

  • Built in 2027
  • 124 units/6 stories

Community Amenities

Property Services

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Car Charging Station
  • Pet Washing Station
  • Key Fob Entry

Shared Community

  • Storage Space
  • Elevator
  • Lounge

Fitness & Recreation

  • Fitness Center
  • Media Center/Movie Theatre
  • Walking/Biking Trails

Additional Amenities

  • Dog Wash
  • Library
  • Lounge
  • Terrace
  • Theater

Apartment Features

Indoor Features

  • Air Conditioning
  • Cable Ready
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tub/Shower
  • Intercom
  • Smoke Free

Kitchen Features & Appliances

  • Dishwasher
  • Disposal
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Island Kitchen
  • Pantry
  • Quartz Countertops

Model Details

  • Dining Room
  • Double Pane Windows
  • Linen Closet
  • Vinyl Flooring
  • Large Bedrooms
  • Balcony
  • Patio

Map

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