Cheap Low Income Apartments for Rent in Madison, WI from $400 (68 Rentals)

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

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Vicino Madison
$1,061 - $2,997
Total Monthly Price

Total Monthly Price

Base Rent
$1,061 - $2,997
Total Monthly Price
$1,061 - $2,997
Studio to 2 Bedroom Apartments Available May 1

Vicino Madison

1235 Regent StMadison, WI 53715
Pet Friendly
  • Verified
  • Utilities Included
  • Low Income

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Victoria at Huxley Yards
Rent Specials
$1,149 - $1,815
Total Monthly Price

Total Monthly Price

Base Rent
$1,134 - $1,800
Required Monthly Fees
$15
Total Monthly Price
$1,149 - $1,815
1 to 2 Bedroom Apartments Available Now

The Victoria at Huxley Yards

1003 Huxley StMadison, WI 53704
Senior Living
  • Verified
  • Low Income
  • Smoke Free

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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The View at Huxley Yards
$1,149 - $2,490
Total Monthly Price

Total Monthly Price

Base Rent
$1,134 - $2,475
Required Monthly Fees
$15
Total Monthly Price
$1,149 - $2,490
1 to 4 Bedroom Apartments Available Now

The View at Huxley Yards

905 Huxley StMadison, WI 53704
Luxury
  • Verified
  • Low Income
  • Smoke Free

Navigating the World of Low-Income Housing

A Comprehensive Guide to Understanding Low Income Renting

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The Derby
$1,301 - $2,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,236 - $1,985
Required Monthly Fees
$65
Total Monthly Price
$1,301 - $2,050
1 to 3 Bedroom Apartments Available Now

The Derby

4685 Atticus WayMadison, WI 53711
Affordability
  • Verified
  • Low Income
  • 3D Tour
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The Constellation
$1,449 - $3,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $3,199
Total Monthly Price
$1,449 - $3,199
Studio to 3 Bedroom Apartments Available Now

The Constellation

10 N Livingston StMadison, WI 53703
Transit Friendly
  • Verified
  • Utilities Included
  • Low Income
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Ridgeview Heights
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500
2 Bedroom Apartments Available Now

Ridgeview Heights

3154-3166 Ridgeway AveMadison, WI 53704
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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.

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Kestrel Apartments
$1,009 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,009 - $2,300
Total Monthly Price
$1,009 - $2,300
Studio to 2 Bedroom Apartments Available Now

Kestrel Apartments

6818 University AveMiddleton, WI 53562
Accessibility
  • Verified
  • Customer Reviewed
  • Utilities Included

Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

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Madison, WI Local Guide

Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

Discover the best student housing neighborhoods for renting in Madison, Wisconsin! This guide covers apartments near the University of Wisconsin-Madison, Edgewood University, Herzing University, and Madison Area Technical College, detailing locations like Regent, Shorewood Hills, Dudgeon-Monroe, and more for your perfect college home.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Madison, WI Rentals by Map

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See the most popular apartments and homes in Madison, WI

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Frequently Asked Questions about Cheap Madison Apartments

What is a cheap apartment in Madison?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Madison is under $895.

What is the price of a cheap apartment in Madison?

The cheapest apartment in Madison is Eagle Harbor which is listed at $613, while the average apartment in Madison costs $3,774.

What types of apartments are the cheapest in Madison?

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 8,724 regular apartments in Madison 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 Madison?

Cheap apartments in Madison have an average cost of $516 which is $3,258 cheaper than the average rent for all rentals in Madison.

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

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Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison

Written by: Mike Heuer

I’m Mike, your ApartmentHomeLiving.com local expert for Madison, Wisconsin. I lived and worked in Madison for several years before career opportunities took me elsewhere.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.