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Property
Bedrooms
Available Date
The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 625
Available 8/27/2026
1 Bed / 1 Bath
756 Sq. Feet
$2270/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 625

1 Bed / 1 Bath
756 Sq. Feet
$2270/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 625 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 624
Available 8/27/2026
1 Bed / 1 Bath
756 Sq. Feet
$2270/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 624

1 Bed / 1 Bath
756 Sq. Feet
$2270/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 624 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 623
Available 8/27/2026
1 Bed / 1 Bath
752 Sq. Feet
$2300/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 623

1 Bed / 1 Bath
752 Sq. Feet
$2300/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 623 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Balcony
The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 622
Available 8/27/2026
1 Bed / 1 Bath
756 Sq. Feet
$2285/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 622

1 Bed / 1 Bath
756 Sq. Feet
$2285/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 622 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 609
Available 8/27/2026
Studio / 1 Bath
620 Sq. Feet
$1965/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 609

Studio / 1 Bath
620 Sq. Feet
$1965/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 609 - Studio, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 601
Available 8/27/2026
1 Bed / 1 Bath
849 Sq. Feet
$2565/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 601

1 Bed / 1 Bath
849 Sq. Feet
$2565/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 601 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Balcony
The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 603
Available 8/27/2026
Studio / 1 Bath
546 Sq. Feet
$1735/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 603

Studio / 1 Bath
546 Sq. Feet
$1735/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 603 - Studio, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 611
Available 8/27/2026
Studio / 1 Bath
620 Sq. Feet
$1965/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 611

Studio / 1 Bath
620 Sq. Feet
$1965/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 611 - Studio, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 615
Available 8/27/2026
1 Bed / 1 Bath
752 Sq. Feet
$2300/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 615

1 Bed / 1 Bath
752 Sq. Feet
$2300/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 615 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Balcony
The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 616
Available 8/27/2026
Studio / 1 Bath
538 Sq. Feet
$1700/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 616

Studio / 1 Bath
538 Sq. Feet
$1700/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 616 - Studio, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 617
Available 8/27/2026
1 Bed / 1 Bath
756 Sq. Feet
$2270/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 617

1 Bed / 1 Bath
756 Sq. Feet
$2270/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 617 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 618
Available 8/27/2026
1 Bed / 1 Bath
756 Sq. Feet
$2285/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 618

1 Bed / 1 Bath
756 Sq. Feet
$2285/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 618 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 619
Available 8/27/2026
1 Bed / 1 Bath
752 Sq. Feet
$2300/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 619

1 Bed / 1 Bath
752 Sq. Feet
$2300/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 619 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Balcony
The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 620
Available 8/27/2026
1 Bed / 1 Bath
756 Sq. Feet
$2285/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 620

1 Bed / 1 Bath
756 Sq. Feet
$2285/month
Available 8/27/2026 - Inquire Today Explore
Image
ULI The Penny 620 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Capitol Hill-Downtown- Modern-Upscale-Capitol-Madison-Lifestyle-Design.jpg
Capitol Hill
Apartment 206
Available 9/4/2026
1 Bed / 1 Bath
760 Sq. Feet
$1695/month
Explore
Preview

Capitol Hill

Apartment 206

1 Bed / 1 Bath
760 Sq. Feet
$1695/month
Available 9/4/2026 - Inquire Today Apply Now Explore
Image
ULI Capitol Hill 206 - One Bedroom, One Bathroom Floorplan Floor Plan

* All floorplan measurements are approximate

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 522
Available 9/18/2026
1 Bed / 1 Bath
756 Sq. Feet
$2270/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 522

1 Bed / 1 Bath
756 Sq. Feet
$2270/month
Available 9/18/2026 - Inquire Today Explore
Image
ULI The Penny 522 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 516
Available 9/18/2026
Studio / 1 Bath
538 Sq. Feet
$1690/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 516

Studio / 1 Bath
538 Sq. Feet
$1690/month
Available 9/18/2026 - Inquire Today Explore
Image
ULI The Penny 516 - Studio, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 523
Available 9/18/2026
1 Bed / 1 Bath
752 Sq. Feet
$2285/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 523

1 Bed / 1 Bath
752 Sq. Feet
$2285/month
Available 9/18/2026 - Inquire Today Explore
Image
ULI The Penny 523 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Balcony
The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 524
Available 9/18/2026
1 Bed / 1 Bath
756 Sq. Feet
$2255/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 524

1 Bed / 1 Bath
756 Sq. Feet
$2255/month
Available 9/18/2026 - Inquire Today Explore
Image
ULI The Penny 524 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

The Penny Apartments as seen from The Capital City Bike Path in Madison Wisconsin
The Penny
Apartment 525
Available 9/18/2026
1 Bed / 1 Bath
756 Sq. Feet
$2255/month
Special

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

Explore
Preview

The Penny

Apartment 525

1 Bed / 1 Bath
756 Sq. Feet
$2255/month
Available 9/18/2026 - Inquire Today Explore
Image
ULI The Penny 525 - 1 Bed, 1 Bath Floor Plan

* All floorplan measurements are approximate

Special

One Month Free Rent: Receive one month free rent when signing a 12 month lease.

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Urban Land Interests

Contact

10 East Doty Street, Suite 300
Madison, WI 53703

Main Office
608.251.0706

Residential Leasing
608.661.7600

Commercial Maintenance
608.251.0707

After Hours Emergency Maintenance
608.251.0706

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  • Residential
    • Residential Links
      • Apartment Search
      • Residential Properties
      • Apply Now
      • Resident Benefits
      • Pet Policy
      • Resident Portal
    • Properties
      • The Penny
      • SEVEN27 at The Yards
      • Nine Line at The Yards
      • Quarter Row at The Yards
      • Tobacco Lofts at The Yards
      • The Pressman
      • Capitol Hill
      • 1722 Monroe
      • Lincoln School
      • City Place
      • Wilson Bay
  • Commercial
    • Commercial Properties
    • 10 East Doty at Block 89
    • 33 East Main at Block 89
    • One East Main at Block 89
    • 25 West Main Street
    • 44 East Mifflin
    • US Bank Plaza
    • Tenney Plaza
    • American Exchange Block
    • Fire Station No. 2
    • 1700 Monroe Street
    • Nob Hill Properties
    • Coworking
  • Parking
  • Company
    • About ULI
    • ULI News
  • Careers
  • Retail
  • Contact