Advertised Price Reflects One Month Free. Base Rent $4,410/MONTH.

Beautifully renovated 4 bedroom, 2 bathroom apartment on State St in Madison, WI. This spacious home features stainless steel appliances, in-unit laundry, and wood floors, offering a clean and updated living space in a convenient location. With its modern finishes and practical layout, this apartment provides comfortable living in the heart of the city. Amenities: Oven / Range.

1 day on RentalSource

RentalSource last checked: 17 minutes ago · Listing updated: October 28, 2026

Managed by: 428 State Street · (608) 819-6500 · Appfolio

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Property Summary

Property Type:	Apartment
Rental Fee:	$4,043
Bedrooms:	4 beds
Bathrooms:	2 baths
Size:	990 sqft

Pets:	Inquire
Laundry:	In unit
Parking:	Yes
Available:	August 14, 2027
ID:	84662450

Amenities

Water, Sewer & Trash Included
Washer/Dryer In Unit
Parking
Dishwasher
Microwave
Refrigerator
Stainless Steel Appliances

Leasing Information

Fees

Deposit $4,410 (mandatory, refundable, move-in).

Additional Details

This 4-bedroom, 2-bathroom apartment at 428 430 State St in Madison, WI 53703 rents for $4,043 a month. It has 990 square feet. 428 430 State St was advertised by 428 State Street on October 28, 2026.

How the Rent Compares

At $4,043 a month, this apartment is close to the typical rent for 4+ bedroom apartments and condos in Madison (about $3,910).

From 63 apartments and condos with four or more bedrooms listed in Madison on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$3,910Typical rent for 4+ bedroom apartments and condos in Madison

$3,340–$4,780Middle half of their rents

26 daysAverage time they have been listed

See 4+ bedroom rentals in Madison

Rent History

This home was last listed for rent on RentalSource from September to October 2025 for $4,200. Today's rent is $157 lower.

Rent history for this home, newest first
Date	Event	Rent	Change
October 28, 2026	Listed for rent	$4,043−3.7%	−3.7%
October 3, 2025	Listing removed	$4,200
September 23, 2025	Listed for rent	$4,200+5.0%	+5.0%
May 29, 2025	Listing removed	$4,000
October 22, 2024	Listing removed	$4,000
August 4, 2024	Price change	$4,000+3.6%	+3.6%
July 4, 2024	Listed for rent	$3,860+7.2%	+7.2%
July 25, 2023	Listing removed	$3,600
August 28, 2022	Listing removed	$3,400

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

Affordability Calculator

Can I afford to live at 428 430 State St?

Bedrooms

4 bedrooms

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

$161,720 /year

With your chosen rent-to-income ratio, an annual income of $161,720 is recommended to comfortably afford this 4-bedroom rental priced at $4,043 per month.

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

Apartment for rent

$4,043

Deposit $4,410 · All fees

Rent Affordability Calculator

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Property managed by:

428 State Street

(608) 819-6500

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