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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 215
Available 10/1/2026
1 Bed / 1 Bath
752 Sq. Feet
$2240/month
Special

Special

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

Explore
Preview

The Penny

Apartment 215

1 Bed / 1 Bath
752 Sq. Feet
$2240/month
Available 10/1/2026 - Inquire Today Explore
Image
ULI The Penny 215 - 1 Bed, 1 Bath Floor Plan

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 213
Available 10/1/2026
2 Bed / 2 Bath
1179 Sq. Feet
$3050/month
Special

Special

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

Explore
Preview

The Penny

Apartment 213

2 Bed / 2 Bath
1179 Sq. Feet
$3050/month
Available 10/1/2026 - Inquire Today Explore
Image
ULI The Penny 213 - 2 Bed, 1 Bath Floor Plan

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 211
Available 10/1/2026
1 Bed / 1 Bath
756 Sq. Feet
$2195/month
Special

Special

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

Explore
Preview

The Penny

Apartment 211

1 Bed / 1 Bath
756 Sq. Feet
$2195/month
Available 10/1/2026 - Inquire Today Explore
Image
ULI The Penny 211 - 1 Bed, 1 Bath Floor Plan

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 209
Available 10/1/2026
1 Bed / 1 Bath
756 Sq. Feet
$2195/month
Special

Special

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

Explore
Preview

The Penny

Apartment 209

1 Bed / 1 Bath
756 Sq. Feet
$2195/month
Available 10/1/2026 - Inquire Today Explore
Image
ULI The Penny 209 - 1 Bed, 1 Bath Floor Plan

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 207
Available 10/1/2026
1 Bed / 1 Bath
838 Sq. Feet
$2475/month
Special

Special

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

Explore
Preview

The Penny

Apartment 207

1 Bed / 1 Bath
838 Sq. Feet
$2475/month
Available 10/1/2026 - Inquire Today Explore
Image
ULI The Penny 207 - 1 Bed, 1 Bath Floor Plan

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 205
Available 10/1/2026
Studio / 1 Bath
546 Sq. Feet
$1695/month
Special

Special

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

Explore
Preview

The Penny

Apartment 205

Studio / 1 Bath
546 Sq. Feet
$1695/month
Available 10/1/2026 - Inquire Today Explore
Image
ULI The Penny 205 - Studio, 1 Bath Floor Plan

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 203
Available 10/1/2026
Studio / 1 Bath
546 Sq. Feet
$1695/month
Special

Special

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

Explore
Preview

The Penny

Apartment 203

Studio / 1 Bath
546 Sq. Feet
$1695/month
Available 10/1/2026 - Inquire Today Explore
Image
ULI The Penny 203 - Studio, 1 Bath Floor Plan

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 201
Available 10/1/2026
1 Bed / 1 Bath
651 Sq. Feet
$1930/month
Special

Special

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

Explore
Preview

The Penny

Apartment 201

1 Bed / 1 Bath
651 Sq. Feet
$1930/month
Available 10/1/2026 - Inquire Today Explore
Image
ULI The Penny 201 - 1 Bed, 1 Bath Floor Plan

Special

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

Patio

Pagination

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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

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608.251.0707

After Hours Emergency Maintenance
608.251.0706

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©2025 Urban Land Interests. All rights reserved.

  • 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
      • The Depot
      • 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