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Below are bedroom price comparisons between 505 W Mifflin St and the average Madison bedroom price.
505 W Mifflin St is asking 21% less than the average 2 bedroom apartment in Madison.
If you upsized to an average priced Madison 3 bedroom apartment, you would pay 17% more per month.
If you downsized to an average priced Madison 1 bedroom apartment, you would pay 37% less per month.
505 W Mifflin St provides 12% less square footage than the average Madison 2 bedroom apartment.
To comfortably afford renting a 2 bedroom unit at 505 W Mifflin St, a tenant should at least have an annual gross income of $46,800.
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Knowing what units are available is important when finding the best deal. Property managers may be willing to give concessions if they have many vacant units.
Currently in Madison there are 1,817 2BR units available. If you're looking to negotiate, this may be your best option.
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