The Penny
320 S Brearly St,
Madison,
WI
53703
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Monthly Rent
$1,585 - $3,500
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Bedrooms
Studio - 3 bd
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Bathrooms
1 - 2 ba
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Square Feet
377 - 1,449 sq ft
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 |
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
- One-Time Move-In Fees
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Application Fee$25
- Dogs Allowed
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Monthly pet fee$50
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One time Fee$0
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Pet deposit$0
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Pet Limit2
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Requirements:Pet interview, Spayed/Neutered
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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.
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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
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Monthly pet fee$25
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One time Fee$0
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Pet deposit$0
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Pet Limit2
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Requirements:Pet interview, Spayed/Neutered
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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.
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Comments:Please visit our website for full pet policy.
- Parking
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Garage--
- Additional Services
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Parking Fee$150/mo
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Pet Rent$50/mo
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Pet Rent$25/mo
Details
Property Information
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Built in 2026
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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
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
- 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
| Monday | By Appointment |
|---|---|
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | Closed |
| Sunday | Closed |
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| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 10 min | 3.9 mi | |
| Drive: | 11 min | 4.2 mi | |
| Drive: | 9 min | 4.6 mi | |
| Drive: | 16 min | 7.5 mi |
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.
The Penny Photos
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The Penny Madison Apartments Capital City Bike Path View
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The Penny Apartments on Willy Street Madison WI
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The Penny Madison Apartment Lobby
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The Penny Madison Fitness Center
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The Penny Madison Resident Lounge
Models
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Studio
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Studio
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Studio
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Studio
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Studio
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Studio
Nearby Apartments
Within 50 Miles of The Penny
-
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The Depot Apartments
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-
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The Penny has units with in‑unit washers and dryers, making laundry day simple for residents.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Yes, The Penny welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
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.
The Penny is not currently offering any rent specials. Check back soon, as promotions change frequently.
While The Penny does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
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.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources