Home Highlights
Single-Family Home
1,740 sqft
$347/sqft
Local Information
-- mins to
About this House
Enjoy the great views from this 5 bedroom house right across from James Madison Park & Lake Mendota. Large kitchen with dishwasher, gas stove & microwave. Hardwood floors throughout & decorative fireplace. Off Street Parking Included. Tenant is responsible for all utilities and snow removal. Don't wait, these places rent fast!
505 E Gorham St, Madison, WI 53703 is a 5 bedroom, 2 bathroom, 1,740 sqft single-family home in Capitol. More recently, it was listed as a rental in April 2024 with an asking price of $545 per month. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $603,500, with a rent estimate of $3,669/month.
Home Details for 505 E Gorham St
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Heating & Cooling Heating: FireplaceAir ConditioningCooling System: Central AirHeating Fuel: Fireplace |
Appliances & Utilities DryerRefrigeratorWasher |
Fireplace & Spa Fireplace |
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Property Type / Style Property Type: Single Family Home |
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Lease Term: Contact For DetailsAvailable: now |
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Parking & Garage Parking: Off Street Parking, On Site |
Comparable Sales for 505 E Gorham St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $660,000 | 09/03/26 | 4 | 2.5 | 2,152 sqft | |
0.14 | Single-Family Home | $675,000 | 07/06/26 | 3 | 1 | 1,000 sqft | |
0.16 | Single-Family Home | $440,000 | 03/20/26 | 4 | 4 | 2,364 sqft | |
0.44 | Single-Family Home | $495,000 | 11/05/25 | 4 | 2 | 1,550 sqft | |
0.37 | Single-Family Home | $575,000 | 08/17/26 | 3 | 2 | 1,422 sqft | |
0.27 | Single-Family Home | $540,000 | 02/17/26 | 3 | 2.5 | 2,000 sqft | |
0.11 | Single-Family Home | $287,100 | 04/02/26 | 2 | 1 | 691 sqft | |
0.44 | Single-Family Home | $445,000 | 11/25/25 | 3 | 1 | 1,371 sqft | |
0.10 | Single-Family Home | $750,000 | 01/23/26 | 12 | 3 | 4,212 sqft | |
0.32 | Single-Family Home | $386,300 | 04/24/26 | 2 | 1 | 1,196 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Capitol
Last updated Sep 2026
Trulia Rent Estimate$3,669/mo
Average rent
$2.1K
$460MoM
Available listings
222
Around this home
What Locals Say about Capitol
At least 54 Trulia users voted on each feature.
97 % Say there are sidewalks
94 % Say it's dog friendly
91 % Say it's walkable to restaurants
85 % Say streets are well-lit
81 % Say it's walkable to grocery stores
68 % Say people would walk alone at night
55 % Say there's holiday spirit
45 % Say car is needed
43 % Say neighbors are friendly
42 % Say parking is easy
42 % Say there's wildlife
42 % Say they plan to stay for at least 5 years
34 % Say it's quiet
31 % Say there are community events
20 % Say yards are well-kept
16 % Say kids play outside
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 9, 2024 Source: Zillow Rentals | Listed For Rent | $545 |
May 26, 2023 Source: Zillow Rentals | ListingRemoved | |
Apr 5, 2023 Source: Zillow Rentals | Listed For Rent | $409 |
Mar 18, 2020 Source: Agent Provided | ListingRemoved | $2,220 |
Dec 14, 2019 Source: Agent Provided | Listed For Rent | $2,220 |
Mar 12, 2018 Source: Agent Provided | ListingRemoved | $1,795 |
Feb 26, 2018 Source: Agent Provided | PriceChange | $1,795 Price decreased by 14% |
Dec 20, 2017 Source: Agent Provided | Listed For Rent | $2,080 |
Dec 31, 2014 Source: Agent Provided | ListingRemoved | $2,010 |
Dec 4, 2014 Source: Agent Provided | Listed For Rent | $2,010 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $8,278 | $422,900 |
Home facts updated by county records
Frequently asked questions about 505 E Gorham St
- What is 505 E Gorham St estimated to be worth?Trulia's estimated value for 505 E Gorham St in Madison, WI is $603,500.
- Is Madison a buyer's or seller's market?Madison is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Madison?The median sale price in Madison is $429K. That is up $2.5K from the prior month.
- What do residents say about the Capitol neighborhood?Residents describe the Capitol neighborhood in Madison, WI as pedestrian-friendly, dog-friendly, and walkable to restaurants. See recently sold homes in Capitol, Madison.
- Does 505 E Gorham St have air conditioning?Yes, 505 E Gorham St in Madison, WI has air conditioning.
- Does 505 E Gorham St have laundry facilities?Yes, 505 E Gorham St in Madison, WI has in-unit laundry.
Homes for rent near 505 E Gorham St
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

