Map
  • Add a Property
  • Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Beloit Apartments For Rent
    • De Forest Apartments For Rent
    • Fitchburg Apartments For Rent
    • Janesville Apartments For Rent
    • Madison Apartments For Rent
    • Middleton Apartments For Rent
    • Monona Apartments For Rent
    • Sun Prairie Apartments For Rent
    • Verona Apartments For Rent
    • Westport Apartments For Rent
  • Houses For Rent
    • Beloit Houses For Rent
    • De Forest Houses For Rent
    • Fitchburg Houses For Rent
    • Janesville Houses For Rent
    • Madison Houses For Rent
    • Maple Bluff Houses For Rent
    • Middleton Houses For Rent
    • Monona Houses For Rent
    • Platteville Houses For Rent
    • Sun Prairie Houses For Rent
  • Condos For Rent
    • Cambridge Condos For Rent
    • Columbus Condos For Rent
    • Cottage Grove Condos For Rent
    • Fitchburg Condos For Rent
    • Janesville Condos For Rent
    • Madison Condos For Rent
    • Maple Bluff Condos For Rent
    • McFarland Condos For Rent
    • Middleton Condos For Rent
    • New Lisbon Condos For Rent
  • Townhomes For Rent
    • Baraboo Townhomes For Rent
    • Beloit Townhomes For Rent
    • Cottage Grove Townhomes For Rent
    • Edgerton Townhomes For Rent
    • Fitchburg Townhomes For Rent
    • Janesville Townhomes For Rent
    • Lake Delton Townhomes For Rent
    • Madison Townhomes For Rent
    • Middleton Townhomes For Rent
    • Milton Townhomes For Rent
  • Help Center
  • Madison Average Rent
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
  • The Penny Madison Apartments Capital City Bike Path View - The Penny
  • The Penny Apartments on Willy Street Madison WI - The Penny
    The Penny Madison Apartment Lobby - The Penny
  • The Penny Madison Fitness Center - The Penny
    The Penny Madison Resident Lounge - The Penny
Contact This Property

Language: English

Open By Appointment Today

View All Hours Office Hours Monday - Friday, By Appointment Saturday & Sunday, Closed

The Penny media gallery Unit
call 608-661-7600
Floor Plan View Body
Wisconsin Dane County Madison Marquette-Dane The Penny

The Penny

320 S Brearly St, Madison, WI 53703

(0 reviews)

Property Rating

4.0
Great
Out of 5

No Renter Reviews

Write a Review

How Is This Rating Determined?

Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Today
| Edit
Edit Commute

Destination is required

Commute Time is calculated at rush hour.
Share Listing
Favorites
608-661-7600
Property Management Company Logo
  • Monthly Rent

    $1,585 - $3,500

  • Bedrooms

    Studio - 3 bd

  • Bathrooms

    1 - 2 ba

  • Square Feet

    377 - 1,449 sq ft

The Penny
Property Management Company Logo
Share Listing
Favorites

Highlights

  • New Construction
  • Bike-Friendly Area
  • Media Center/Movie Theatre
  • Controlled Access
  • Walking/Biking Trails
  • Island Kitchen
  • Elevator
  • Balcony
  • Patio

Pricing & Floor Plans

Check Back Soon for Upcoming Availability

Beds Baths Average SF Availability
Studio Studio 0 Br 1 Bath 1 Bath 1 Ba 461 SF Not Available
1 Bedroom 1 Bedroom 1 Br 1 Bath 1 Bath 1 Ba 756 SF Not Available
2 Bedrooms 2 Bedrooms 2 Br 2 Baths 2 Baths 2 Ba 1,128 SF Not Available
3 Bedrooms 3 Bedrooms 3 Br 2 Baths 2 Baths 2 Ba 1,449 SF Not Available
Studio 1 $1,585 – $1,615 Not Available
Studio 1 Bath 377 Sq Ft
Studio $1,695 – $1,995 Not Available
Studio 1 Bath 546 Sq Ft
One Bedroom $1,930 – $2,745 Not Available
1 Bed 1 Bath 756 Sq Ft
Two Bedroom $2,945 – $3,190 Not Available
2 Beds 2 Baths 1,038 – 1,217 Sq Ft
Three Bedroom $3,500 Not Available
3 Beds 2 Baths 1,449 Sq Ft
Studio 1 $1,585 – $1,615 Not Available
Studio 1 Bath 377 Sq Ft
Studio $1,695 – $1,995 Not Available
Studio 1 Bath 546 Sq Ft
One Bedroom $1,930 – $2,745 Not Available
1 Bed 1 Bath 756 Sq Ft
Two Bedroom $2,945 – $3,190 Not Available
2 Beds 2 Baths 1,038 – 1,217 Sq Ft
Three Bedroom $3,500 Not Available
3 Beds 2 Baths 1,449 Sq Ft
* 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.
* Square footage definitions vary. Displayed square footage is approximate.

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
  • Dogs Allowed
  • Monthly pet fee
    $50
  • One time Fee
    $0
  • Pet deposit
    $0
  • Pet Limit
    2
  • Requirements:
    Pet interview, Spayed/Neutered
  • Restrictions:
    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.
  • Comments:
    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.
  • Cats Allowed
  • Monthly pet fee
    $25
  • One time Fee
    $0
  • Pet deposit
    $0
  • Pet Limit
    2
  • Requirements:
    Pet interview, Spayed/Neutered
  • Restrictions:
    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.
  • Comments:
    Please visit our website for full pet policy.
  • Parking
  • Garage
    --
  • Additional Services
  • Parking Fee
    $150/mo
  • Pet Rent
    $50/mo
  •  
  • Pet Rent
    $25/mo

Details

Property Information

  • Built in 2026
  • 124 units/6 stories

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 an apartment community located in Dane County and the 53703 ZIP Code. This area is served by the Madison Metropolitan attendance zone.

Unique Features

  • Terrace
  • Library
  • Lounge
  • Dog Wash

Contact

Language: English
Open By Appointment Today
  • Monday - Friday, By Appointment
  • Saturday & Sunday, Closed
Property Management Company Logo

Community Amenities

Fitness Center

Laundry Facilities

Elevator

Controlled Access

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

Apartment Features

Washer/Dryer

Air Conditioning

Dishwasher

Island Kitchen

Microwave

Refrigerator

Tub/Shower

Disposal

Indoor Features

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

Kitchen Features & Appliances

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

Model Details

  • Vinyl Flooring
  • Balcony
  • Patio
Location Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
Amenities
  • Laundry Facilities
  • Controlled Access
  • 24 Hour Access
  • Trash Pickup - Curbside
  • EV Charging
  • Key Fob Entry
  • Elevator
  • Lounge
  • Fitness Center
  • Walking/Biking Trails
  • Media Center/Movie Theatre
  • Terrace
  • Library
  • Lounge
  • Dog Wash
  • 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
Expenses
Recurring
Cat Rent $25
Dog Rent $50
One-Time
Cat Fee $0
Dog Fee $0
Office Hours
Monday By Appointment
Tuesday By Appointment
Wednesday By Appointment
Thursday By Appointment
Friday By Appointment
Saturday Closed
Sunday Closed
608-661-7600
Neighborhood

Less than 10 minutes east of Downtown Madison sits Marquette-Dane, a historic neighborhood with an energetic commercial center on Williamson Street. When wandering the streets of this area, you see a variety of beautiful homes in the Third Lake Ridge and Marquette Bungalow historic districts. Modern apartments line the streets near Lake Monona too.

Marquette-Dane locals look forward to putting on festivals throughout the year. In June, head over to Yahara Place Park for the Waterfront Festival, where residents gather to decorate their boats and float them along the waterfront. August brings the Orton Park Festival, where you can cheer on local musicians and dancers as they perform for the crowd. Take a break and walk over to Williamson Street to enjoy a tasty scone at Lazy Jane's Cafe and Bakery or play board games at Weary Traveler Freehouse.

Learn more about living in Marquette-Dane 
Education
Colleges & Universities Distance
Colleges & Universities Distance
Edgewood College
Drive: 10 min 3.9 mi
University of Wisconsin
Drive: 11 min 4.2 mi
Madison Area Technical College
Drive: 9 min 4.6 mi
Herzing University
Drive: 16 min 7.5 mi
The Penny is within 10 minutes or 3.9 miles from Edgewood College. It is also near University of Wisconsin and Madison Area Technical College.
Schools
  • Public Schools
  • Private Schools
Marquette Elementary
Public Elementary School
Grades 3-5
149 Students
Attendance Zone
Lapham Elementary
Public Elementary School
Grades PK-2
205 Students
Attendance Zone
O'Keeffe Middle
Public Middle School
Grades 6-8
452 Students
Attendance Zone
East High
Public High School
Grades 9-12
1,649 Students
Attendance Zone
Isthmus Montessori Academy
Private Elementary, Middle & High School
Grades PK-12
Nearby
K12 International Academy
Private Elementary, Middle & High School
Grades K-12
Nearby
The Keystone School
Private Middle & High School
Grades 6-12
Nearby
School data provided by 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

The Penny is near Dane County Regional/Truax Field, located 4.6 miles or 9 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Columbus Amtrak Station
Drive: 36 min 26.1 mi
Portage
Drive: 49 min 37.7 mi
Airports Distance
Airports Distance
Dane County Regional/Truax Field
Drive: 9 min 4.6 mi
Very Walkable
89
Walk Score®
Out of 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
52
Transit Score®
Out of 100
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
100
Bike Score®
Out of 100
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
-
-
Soundscore™
Out of 100

Traffic:

-

Airport:

-

Businesses:

-

Score provided by

Scores provided by  and

Score provided by

Points of Interest

Time and distance from The Penny.

Shopping Centers Distance
Shopping Centers Distance
Third Lake Market
Walk: 2 min 0.0 mi
The Gateway
Walk: 8 min 0.5 mi
Fordem Ave Center
Drive: 4 min 1.3 mi
The Penny has 3 shopping centers within 1.3 miles, which is about a 4-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
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
The Penny has 5 parks within 2.6 miles, including Madison Children's Museum, Ice Age National Scenic Trail, and Turville Point Park.
Hospitals Distance
Hospitals Distance
Meriter Hospital
Drive: 7 min 2.6 mi
SSM Health St. Mary's Hospital - Madison
Drive: 7 min 2.7 mi
University of Wisconsin Hospitals and Clinics Authority
Drive: 11 min 4.2 mi
The Penny has 3 hospitals within 4.2 miles, the nearest is Meriter Hospital which is 2.6 miles away and a 7 minute drive.
Military Bases Distance
Military Bases Distance
US Air Force Reserve
Drive: 105 min 83.6 mi
The Penny is 83.6 miles and a 105 minute drive from US Air Force Reserve.
 
 

Property Ratings at The Penny

How Is This Rating Determined? How Is This Rating Determined? Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
4.0
Great
Out of 5

No Renter Reviews Yet

Share details of your own experience with this property

  1. ...
  2. ...

There are no reviews for this property. Be the first to add a review on this property.

Submitted by a verified resident of the apartment community. Participating residents may receive reward points in exchange for posting a review during their lease term, regardless of the nature of the review. Delete

Property Manager Responded:

Property Manager Responded

Show full review Show less
Was this helpful? Vote review helpful Thanks for your feedback!
Flag Review
  1. ...
  2. ...

The Penny Photos

  • The Penny Madison Apartments Capital City Bike Path View

  • The Penny Apartments on Willy Street Madison WI

  • The Penny Madison Apartment Lobby

  • The Penny Madison Fitness Center

  • The Penny Madison Resident Lounge

Models

  • Studio

  • Studio

  • Studio

  • Studio

  • Studio

  • Studio

Nearby Apartments

Within 50 Miles of The Penny

  • Lincoln School

    720 E Gorham St

    Madison, WI 53703

    $1,425 - $2,450

    1 Br 0.6 mi

  • The Pressman

    117 South Hamilton St

    Madison, WI 53703

    $1,810 - $4,000

    1-2 Br 1.0 mi

  • City Place

    430 W Main St

    Madison, WI 53703

    $1,785 - $2,270

    2 Br 1.3 mi

  • Quarter Row at the Yards

    601 W Doty St

    Madison, WI 53703

    $1,475 - $3,335

    1-3 Br 1.5 mi

  • The Depot Apartments

    18-26 S Bedford St

    Madison, WI 53703

    $1,595 - $3,260

    1-2 Br 1.5 mi

  • Tobacco Lofts at the Yards

    702 Lorillard Ct

    Madison, WI 53703

    $1,525 - $3,195

    1-2 Br 1.6 mi

Frequently Asked Questions
Does The Penny have in-unit laundry?

The Penny has units with in‑unit washers and dryers, making laundry day simple for residents.

What utilities are included in rent at The Penny?

Utilities are not included in rent. Residents should plan to set up and pay for all services separately.

Is The Penny pet-friendly?

Yes, The Penny 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 The Penny?

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 $1,585 for a studio, you would need to earn about $57,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.

Does The Penny have move-in specials?

The Penny is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does The Penny offer Matterport 3D tours?

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

Back To Top
Send a Message
Contact Property
enter move in date in the format: 2 digit month / 2 digit day / 4 digit year

I would like to...

Send Message

Submitting Request

Send a Message
Contact Property

Thank you! Your email has been sent.

Error

Report an Issue Print Get Directions
Try These Popular Nearby Searches

Cities

  • Shorewood Hills Rentals
  • Maple Bluff Rentals
  • Monona Rentals
  • Westport Rentals
  • Middleton Rentals

Search by Bedrooms

  • Studio Apartments in Madison
  • 1 Bedroom Apartments in Madison
  • 2 Bedroom Apartments in Madison
  • 3 Bedroom Apartments in Madison
  • Rooms for Rent in Madison

Other Rental Types

  • Madison Lofts for Rent
  • Madison Houses for Rent
  • Madison Condos for Rent
  • Madison Townhomes for Rent
  • Private Landlord Rentals Madison
  • Madison Duplex Rentals
  • 53703 Houses for Rent
  • 53703 Condos for Rent
  • 53703 Townhomes for Rent

Stay on Budget

  • Madison Apartments Under $700
  • Madison Apartments Under $800
  • Madison Apartments Under $900
  • Madison Apartments Under $1,000
  • Madison Apartments Under $1,100
  • Madison Apartments Under $1,300
  • Madison Apartments Under $1,400
  • Madison Apartments Under $1,500

Filter by Popular Amenities

  • Pet Friendly Apartments in Madison
  • Furnished Apartments in Madison
  • Apartments with Washer & Dryer in Madison
  • Wheelchair Accessible Apartments in Madison
  • Apartments with EV Charging in Madison
  • Apartments with Balcony in Madison
  • Apartments with Air Conditioning in Madison
  • Madison Apartments with Pickleball Court
  • Madison Apartments with Virtual Tours
  • Madison Waterfront Apartments

Find Specialty Housing

  • Student Housing in Madison
  • Madison Low Income Housing
  • Senior Housing in Madison
  • Short Term Rentals in Madison
  • Luxury Apartments in Madison
  • Cheap Apartments in Madison
  • Corporate Housing in Madison
  • Move-In Specials in Madison
  • New Apartments in Madison
  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Calculate Rent Affordability
  • Renterverse
  • Sitemap
Property Logo
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity

Ready to Apply?

Good News! This rental is accepting applications through Apartments.com. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties.

Or if you already have an account


Required

Required

Valid Email Required

You must acknowledge the disclaimer to continue
Next
Continue

Take me to this property's website
Send Message
Interested in this property? Send message today.
Rate & Review The Penny
Please select a rating
50 character minimum
By clicking submit, I agree to the Apartments.com Terms of Service and the Ratings & Reviews Terms of Use.

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Learn How It Works

What is a Sound Score Rating?

A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources

Learn How It Works

Share This Listing
Listing Image

320 S Brearly St

Madison, WI 53703

Email

Link Copied

(608) 661-7600
Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness