• Primary Photo - 501 Shepard Terrace
  • Building Photo - 501 Shepard Terrace
    Building Photo - 501 Shepard Terrace
  • Building Photo - 501 Shepard Terrace
    Building Photo - 501 Shepard Terrace

501 Shepard Terrace

501 Shepard Ter, Madison, WI 53705

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Highlights

  • Yard
  • Fireplace
  • Balcony
  • Hardwood Floors

Pricing & Floor Plans

Check Back Soon for Upcoming Availability

Beds Baths Average SF Availability
2 Bedrooms 2 Bedrooms 2 Br 1 Bath 1 Bath 1 Ba 800 SF Not Available

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

  • Cats
    • One-Time Pet Fee
      Max of 2. Charged per pet.
      $0
    • Pet Deposit
      Max of 2. Charged per pet.
      $0
    • Monthly Pet Fee
      Max of 2. Charged per pet.
      $40 / mo
    Comments
    Monthly fee is per cat. Max allowed is 2.
    Read More Read Less

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.

Details

Utilities Included

  • Heat
  • Trash Removal

Lease Options

  • 12 mo

Property Information

  • Built in 1953
  • 4 units/2 stories

About 501 Shepard Terrace

7-minute walk to UW Hospital and Medical School as well as nearby the Pharmacy, Nursing and Veterinary Schools. Enjoy living on a shaded QUIET street in the beautiful University Heights neighborhood, conveniently located 1 block off University Avenue and the bus line. Very well-kept quiet colonial brick building with only 4 apartments. All apartments have been remodeled - updated kitchen, bathroom, Low-E windows, air conditioning, refinished hardwood floors, decorative fireplace and ceiling fans in the bedrooms. Additional storage in the basement. Heat and hot water is included. On site laundry. Local responsive owner managed on a daily basis. Square footage is approximate. 2 cats allowed. No dogs. Garage parking available. Renter References available on request.

501 Shepard Terrace is an apartment community located in Dane County and the 53705 ZIP Code. This area is served by the Madison Metropolitan School District attendance zone.

Community Amenities

  • Laundry Facilities

Apartment Features

Air Conditioning

Dishwasher

Hardwood Floors

Yard

Refrigerator

Tub/Shower

Disposal

Fireplace

Indoor Features

  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Storage Space
  • Tub/Shower
  • Fireplace

Kitchen Features & Appliances

  • Dishwasher
  • Disposal
  • Stainless Steel Appliances
  • Pantry
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Instant Hot Water

Model Details

  • Hardwood Floors
  • Tile Floors
  • Vinyl Flooring
  • Basement
  • Built-In Bookshelves
  • Window Coverings
  • Balcony
  • Yard
  • Lawn
  • Garden
Location
501 Shepard Ter, Madison,
WI 53705
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Edit Commute

Under 30 minutes

Commute Time is calculated at rush hour.
Neighborhood

Sunset Village is located about four miles west of Downtown Madison. This wooded, tree-lined neighborhood is sought after for its incredible location and access to an abundance of amenities. Sunset Village is convenient to Edgewood College, the University of Wisconsin-Madison, and Downtown Madison, which are all under 15 minutes away via car. Perfect for nature lovers, Sunset Village has multiple parks and is also proximate to other green spaces, Lake Wingra and Lake Mendota. Residents don’t have to go far for groceries, clothing, or a meal since there are a wide variety of restaurants and shopping centers located along North Midvale Boulevard and University Avenue. Depending on where you live in the neighborhood you can even walk to the Hilldale Shopping Center, a massive high-end retail complex. Adding allure, Sunset Village has a wide variety of affordable to upscale rentals in a variety of styles available for rent.

Learn more about living in Sunset Village 
Average Prices by Area

Compare neighborhood and city base rent averages by bedroom.

Sunset Village Madison, WI
Studio $1,443 $1,260
1 Bedroom $1,719 $1,514
2 Bedrooms $1,977 $1,862
3 Bedrooms $2,591 $2,273

Below are rent ranges for similar nearby apartments

Beds Average Size Lowest Typical Premium
Studio Studio Studio 519 Sq Ft $1,150 $1,598 $1,755
1 Bed 1 Bed 1 Bed 744-746 Sq Ft $1,400 $1,776 $1,965
2 Beds 2 Beds 2 Beds 1003 Sq Ft $1,250 $2,004 $3,450
3 Beds 3 Beds 3 Beds 2122 Sq Ft $2,700 $2,975 $3,250
Amenities
  • Laundry Facilities
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Storage Space
  • Tub/Shower
  • Fireplace
  • Dishwasher
  • Disposal
  • Stainless Steel Appliances
  • Pantry
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Instant Hot Water
  • Hardwood Floors
  • Tile Floors
  • Vinyl Flooring
  • Basement
  • Built-In Bookshelves
  • Window Coverings
  • Balcony
  • Yard
  • Lawn
  • Garden
Expenses
Recurring
Assigned Garage Parking $100
Cat Rent $40
One-Time
Cat Fee $0
Utilities Included
Heat, Trash Removal Included
Office Hours
Monday By Appointment
Tuesday By Appointment
Wednesday By Appointment
Thursday By Appointment
Friday By Appointment
Saturday By Appointment
Sunday By Appointment
Education
Colleges & Universities Distance
Colleges & Universities Distance
University of Wisconsin
Walk: 15 min 0.8 mi
Edgewood University
Drive: 6 min 2.0 mi
Madison Area Technical College
Drive: 18 min 7.8 mi
Herzing University
Drive: 25 min 11.1 mi
501 Shepard Terrace is within 15 minutes or 0.8 mile from University of Wisconsin. It is also near Edgewood University and Madison Area Technical College.
Schools
Lincoln Elementary School
Public Elementary School
Grades PK-5
374 Students
Attendance Zone
GreatSchools rating: 7 out of 10
Midvale Elementary School
Public Elementary School
Grades PK-5
372 Students
Attendance Zone
Hamilton Middle School
Public Middle School
Grades 6-8
725 Students
Attendance Zone
GreatSchools rating: 8 out of 10
Hamilton Middle
Public Middle School
Grades 6-8
725 Students
Nearby
GreatSchools rating: 8 out of 10
West High School
Public High School
Grades 9-12
2,222 Students
Attendance Zone
GreatSchools rating: 9 out of 10
West High School
Public High School
Grades 9-12
2,222 Students
Attendance Zone
GreatSchools rating: 9 out of 10
Blessed Sacrament School
Private Elementary & Middle School
Grades PK-8
221 Students
Nearby
School data provided by GreatSchools The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology

Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

501 Shepard Terrace is near Dane County Regional/Truax Field, located 7.9 miles or 17 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Columbus Amtrak Station
Drive: 45 min 29.8 mi
Portage
Drive: 58 min 41.0 mi
Airports Distance
Airports Distance
Dane County Regional/Truax Field
 Drive: 17 min 7.9 mi

Walkability Near 501 Shepard Terrace

Getting Around
Very Walkable
Walkability
80 / 100
Some Public Transit
Transit
50 / 100
Fairly Drivable
Drivability
40 / 100
Very Bikeable
Bikeability
80 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
Active
Soundscore™
74 / 100

Traffic

Busy

Airport

Calm

Businesses

Active

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from 501 Shepard Terrace.

Shopping Centers Distance
Shopping Centers Distance
Findlay Center
Walk: 3 min 0.2 mi
Lakepoint Commons
Walk: 4 min 0.2 mi
University Station
Walk: 5 min 0.3 mi
501 Shepard Terrace has 3 shopping centers within 0.3 mile, which is about a 5-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
UW Zoological Museum
 Drive: 4 min 1.8 mi
Allen Centennial Gardens
 Drive: 5 min 1.8 mi
UW-Madison Geology Museum
 Drive: 4 min 1.8 mi
Washburn Observatory
 Drive: 5 min 1.9 mi
Henry Vilas Zoo
 Drive: 8 min 3.3 mi
501 Shepard Terrace has 5 parks within 3.3 miles, including Allen Centennial Gardens, Washburn Observatory, and UW-Madison Geology Museum.
Hospitals Distance
Hospitals Distance
University of Wisconsin Hospitals and Clinics Authority
Walk: 15 min 0.8 mi
Meriter Hospital
Drive: 6 min 2.5 mi
SSM Health St. Mary's Hospital - Madison
Drive: 7 min 2.9 mi
501 Shepard Terrace has 3 hospitals within 2.9 miles, the nearest is University of Wisconsin Hospitals and Clinics Authority which is 0.8 mile away and a 15 minute walk.
Military Bases Distance
Military Bases Distance
Savanna Army Depot Washington
Drive: 162 min 104.1 mi
Savanna Army Depot Hanover
Drive: 176 min 109.0 mi
501 Shepard Terrace is 104.1 miles from Savanna Army Depot Washington, and is convenient to other military bases, including Savanna Army Depot Hanover.
 
 
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Frequently Asked Questions
Does 501 Shepard Terrace have in-unit laundry?

While 501 Shepard Terrace does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.

What utilities are included in rent at 501 Shepard Terrace?

Select utilities are included in rent at 501 Shepard Terrace, including heat and trash removal. Residents are responsible for any other utilities not listed.

Is parking available at 501 Shepard Terrace?

Parking is available at 501 Shepard Terrace. Fees may apply depending on the type of parking offered. Contact this property for details.

Is 501 Shepard Terrace pet-friendly?

Yes, 501 Shepard Terrace welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at 501 Shepard Terrace?

A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,725 for a two-bedrooms, you would need to earn about $69,000 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.

Does 501 Shepard Terrace have move-in specials?

501 Shepard Terrace is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does 501 Shepard Terrace offer Matterport 3D tours?

While 501 Shepard Terrace does not offer Matterport 3D tours, renters can request a tour directly through our online platform.

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