Nichols Station I

📍 427 E Gorham St, Madison, WI 53703

📋 Property Overview

1 bd, 1 ba rental in Downtown Madison, Madison, Wisconsin. It measures 964 sq ft. Monthly rent ranges $2,000-$2,370. The unit features garbage disposal, fireplace, air conditioning and patio / balcony. The building offers 24hr maintenance, parking, yoga and E-payments. Pets are allowed (dogs and cats), with pet rent of $50. Parking is available: covered parking. The standard lease term is 12 months. Availability: Available now. With a Walk Score of 90, most errands can be done on foot. Transit Score is 56. Rent sits 14% above the area median ($1,750).

🚶 Getting Around

• Walk Score90/100

  Walker's Paradise

• Transit Score56/100

  Good Transit

💵 Costs & Lease

Lease length

12 months

Units available

3 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• 2 Bedroom 1 Bathroom2 bd · 1 ba · 737 sq ft$2,0002 units available
• One Bedrooms1 bd · 1 ba · 812 sq ftNone available right now
• 2 Bedroom 1.5 Bathroom2 bd · 1.5 ba · 1,020 sq ft$2,3701 unit available

🧾 Move-in Costs & Lease

Lease length

12 months

Available

Available now

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Wisconsin renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 474,096 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets

Allowed

Types

Cats, Dogs

Pet rent

$50

Limit

2 pets

✨ Features & Details

• Pet Friendly
• On-site laundry
• Patio / balcony
• Hardwood floors
• Dishwasher
• 24hr maintenance
• Air conditioning
• Fireplace
• Garbage disposal
• Walk in closets
• Recently renovated
• Stainless steel
• Extra storage
• Accessible
• Courtyard
• Elevator
• Gym
• Parking
• Bike storage
• Cats allowed
• Dogs allowed
• E-payments
• Online portal
• Yoga
• 964 sq ft
• 1020 sq ft

📊 Property Facts

Walk Score

90 · Walker's Paradise

Transit Score

56 · Good Transit

🚗 Parking

• Covered parking

🎓 Nearby Schools

• Marquette Elementary School · 3-56/10 · 1.4 mi
• East High School · 9-126/10 · 1.9 mi
• Randall Elementary School · 3-57/10 · 1.9 mi
• Emerson Elementary School · PK-55/10 · 2.1 mi
• West High School · 9-127/10 · 2.3 mi
• Lowell Elementary School · PK-57/10 · 2.3 mi
• James Wright Middle School · 6-85/10 · 2.3 mi
• Winnequah School · PK-57/10 · 2.5 mi
• Nuestro Mundo · K-56/10 · 2.6 mi
• Sherman Middle School · 6-82/10 · 2.8 mi

🏡 Floor Plans