
Cheap Low Income Apartments for Rent in Madison, WI from $400 (70 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Madison.


Total Monthly Price
Parmenter Circle I

Maple Lawn Apartments

Evia Apartments

Artisan Village

Limestone Ridge Apartments
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

School House Yards

Klassik

Autumn Ridge

Limerick

Heritage Middleton Senior Apartments

Prairie Oaks II Senior Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Taylor Pointe Apartments

The Highline Senior Apartments

Rolling Prairie

Heritage Monona Senior Apartments

Total Monthly Price
The TROTTA

Oak Ridge Middleton Senior Community
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Market West Apartments

Sundale Townhomes
Madison, WI Local Guide

How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Studio Apartments | $1,503 | $475 | $3,945 |
| Madison 1 Bedroom Apartments | $1,721 | $525 | $4,410 |
| Madison 2 Bedroom Apartments | $2,120 | $763 | $8,823 |
| Madison 3 Bedroom Apartments | $2,491 | $675 | $10,000+ |
| Madison 4 Bedroom Apartments | $2,379 | $650 | $6,700 |
| Madison 5 Bedroom Apartments | $2,437 | $1,274 | $8,150 |
Explore Madison
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 $799.
What is the price of a cheap apartment in Madison?
The cheapest apartment in Madison is Village on Main which is listed at $623, while the average apartment in Madison costs $3,422.
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 12,249 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 $573 which is $2,849 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

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.

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.

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.

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.