Cheap Apartments for Rent in Dane County, WI from $400 (918 Rentals)

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Search the lowest-cost Apartments available for rent right now in Dane County.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Cheapest Available Dane County Apartments for Rent

 

The cheapest available apartment rental in Dane County, WI is a 1 Bed unit found at The Landing at 818 in the Liberty Square neighborhood priced from $612. The Canyons in the Far West Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $641. Here is today’s list of the most affordable Dane County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Landing at 8181 Bedroom A1BR,1BA$612
The CanyonsOne Bedroom Income Restricted-StyleB1BR,1BA$641
45 N Orchard St0x1-200Studio,1BA$782
Rise-Madison2 Bed / 2 Bath2BR,2BA$784
Freedom Ring Apartments724 - 1 Bed / 1 Bath1BR,1BA$875
Uno Terrace3x23BR,2BA$884
The BaehronStudio UnfurnishedStudio,1BA$895
632 Howard Place632 Howard Place - 303Studio,1BA$895
Normandy Square 55+One Bedroom (Income Restricted 40%)1BR,1BA$922
Liberty Valley Apartments1009 - 1 Bed/ 1 Bath1BR,1BA$925

Best Value Apartments for Rent in Dane County, WI

As of May 31, 2026 the best value apartment in the Dane County area is the $0.96 price per square foot 9 Obrien Ct Model at 9 Obrien Ct, Unit 09 O’Brien in the in the East Side neighborhood starting from $2,295. The second greatest value Dane County apartment is the Redspire Model at 6820-6850 Redspire Ln starting at $2,228 with a $1.01 price per square foot in the Lake Windsor neighborhood. Here is today’s list of the best values for Dane County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
9 Obrien Ct, Unit 09 O’Brien9 Obrien Ct4BR,1.5BA$0.96
6820-6850 Redspire LnRedspire3BR,2.5BA$1.01
5910 Monona Dr, Unit Monona Apt5910 Monona Dr2BR,2BA$1.10
1049 Spaight St, Unit Apartment 31049 Spaight St1BR,1BA$0.56
Whitcomb Square Senior Apartment Homes (55+)2 Bedroom2BR,2BA$0.92
Chapter at Madison4BR/3BA - D14BR,3BA$0.81
Rolling PrairieThree Bedroom3BR,1BA$1.14
School Street Apartments3 bedroom x 2 bath3BR,2BA$1.18
Freedom Park Apartments1721 - 2 Bed / 1 Bath2BR,1BA$1.10
Varsity Campus Apartments4-Bedroom, 2-Bath4BR,2BA$1.18

Frequently Asked Questions about Cheap Dane County Apartments

What is a cheap apartment in Dane County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Dane County is under $925.

What is the price of a cheap apartment in Dane County?

The cheapest apartment in Dane County is The Landing at 818 which is listed at $612, while the average apartment in Dane County costs $5,850.

What types of apartments are the cheapest in Dane County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 700 regular apartments in Dane County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Dane County?

Cheap apartments in Dane County have an average cost of $656 which is $5,194 cheaper than the average rent for all rentals in Dane County.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.