Peloton Residences, LLC - Phase 1
1008 S Park St,
Madison, WI 53715
$1,549 - $3,200
Studio - 2 Beds
Area Guide
Nestled between Lake Wingra and Lake Monona, Bay Creek is one of Madison’s best neighborhoods. Only six minutes away from Downtown Wisconsin and the University of Wisconsin, Bay Creek is a popular neighborhood for students, faculty, staff, professionals, and families. This diverse neighborhood balances suburban and urban landscapes with scenic waterfront parks, abundant amenities, and easy access to the city’s biggest destinations. Olin Park has romantic views of the Madison Skyline, Goodman Park is great for families, and the University of Wisconsin-Madison Arboretum offers nature classes and hiking trails.
Medical offices, grocers, retailers, and global eateries reside along U.S. Highway 151. Bay Creek’s biggest allure is its proximity to Madison’s biggest dining, shopping, and entertainment venues. The neighborhood is convenient to the Alliant Energy Center, the Overture Center, the Madison Museum of Contemporary Art, and more. This centrally located community is great for renters of all ages with affordable to upscale houses and apartments available for rent.
As of June 2026, the average apartment rent in Bay Creek is $1,574 for a studio, $1,638 for one bedroom, and $1,990 for two bedrooms. Apartment rent in Bay Creek has decreased by -3.8% in the past year.
Studio
579 sq ft
Average Sq Ft
$1,574/month
Average Rent
1 BR
642 sq ft
Average Sq Ft
$1,638/month
Average Rent
2 BR
774 sq ft
Average Sq Ft
$1,990/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Bay Creek - Madison, WI is for everyday living.
Moderately Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Very Bikeable
Bikeability
Bay Creek - Madison, WI offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Bay Creek - Madison, WI provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
Good Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Bay Creek - Madison, WI from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
Moderately Noisy
Quiet Score
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.