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Sspm - a

414 State St, Madison, WI 53703 - Dane County

Apartment

1 bed

1 bath

500 sqft

About 414 State St

Advertised Price Reflects One Month Free. Base Rent $1,280/MONTH.

These studios and 1 bedroom apartments are located above August Shop on State Street. Each apartment has charm and character, with many units featuring hardwood floors, large windows, and views of the Capitol. Off-street parking is available nearby. Amenities: Heat & Oven / Range.

23 hours on RentalSource

RentalSource last checked: 23 hours ago · Listing updated: 23 hours ago

Managed by: 414 State Street · (608) 819-6500 · Appfolio

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,173
Bedrooms:	1 bed
Bathrooms:	1 bath
Size:	500 sqft

Pets:	Inquire
Laundry:	Inquire
Parking:	Yes
Available:	August 14, 2027
ID:	84664762

Amenities

Water, Sewer, Trash & Hot Water Included
Parking
Hardwood Floors
Refrigerator

Leasing Information

Fees

Deposit $1,280 (mandatory, refundable, move-in).

Additional Details

This 1-bedroom, 1-bathroom apartment at Sspm - a, 414 State St, in Madison, WI 53703 rents for $1,173 a month. It has 500 square feet. Sspm - a was advertised by 414 State Street on October 28, 2026.

How the Rent Compares

At $1,173 a month, this apartment is below the typical rent for 1-bedroom apartments and condos in Madison (about $1,390).

From 189 one-bedroom apartments and condos listed in Madison on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,390Typical rent for 1-bedroom apartments and condos in Madison

$1,250–$1,600Middle half of their rents

35 daysAverage time they have been listed

See 1+ bedroom rentals in Madison

Rent History

This home was last listed for rent on RentalSource from September 2025 to June 2026, ending at $1,240. Today's rent is $67 lower.

Rent history for this home, newest first
Date	Event	Rent	Change
October 28, 2026	Listed for rent	$1,173−5.4%	−5.4%
June 19, 2026	Listing removed	$1,240
April 8, 2025	Listing removed	$1,200
March 20, 2025	Listed for rent	$1,200+4.3%	+4.3%
October 29, 2023	Listing removed	$1,150
November 25, 2022	Listing removed	$1,090
December 2, 2021	Listing removed	$990

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 414 State St?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$46,920 /year

With your chosen rent-to-income ratio, an annual income of $46,920 is recommended to comfortably afford this 1-bedroom rental priced at $1,173 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,173

Deposit $1,280 · All fees

Rent Affordability Calculator

Interested in 414 State St?

Find out more about this property & see if it's available now.

Property managed by:

414 State Street

(608) 819-6500

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.