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$1,380 - $3,150
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Jannah Village Apartments
950 Canter DrMadison, WI 53718
Cheap New Apartments for Rent in Madison, WI from $400 (204 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in Madison.
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$1,385 - $1,950Built in 2018Studio to 2 Bedroom Apartments Available Now
Autumn Lake Apartments
5607 Summer Shine DrMadison, WI 53718
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$1,395 - $1,475
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Built in 20201 Bedroom Apartments Available Sep 1Total Monthly Price
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$1,395 - $1,475
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$1,395 - $1,475
PACKTENN
2024 Tennyson LnMadison, WI 53704
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$1,395 - $2,720Built in 2024Studio to 3 Bedroom Apartments Available Now
Signature Pointe
2015 E Springs DrMadison, WI 53704
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$1,400 - $2,525Built in 2026Studio to 2 Bedroom Apartments Available Now
Illuminate Luxury Residences
4934 Dreamer DrMadison, WI 53718
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$1,406 - $1,878Built in 20182 to 3 Bedroom Apartments Available Now
Harmony at Grandview Commons
116 Milky WayMadison, WI 53718
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$1,410 - $2,240Built in 2018Studio to 2 Bedroom Apartments Available Now
Reserve at High Point
7920 Watts RdMadison, WI 53719
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$1,412 - $3,414Built in 20211 to 2 Bedroom Apartments Available Now
Elevate Apartments
5022 American PkyMadison, WI 53718
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$1,415 - $2,470Built in 20211 to 2 Bedroom Apartments Available Now
The Urbana
5577 Odana RdMadison, WI 53719
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$1,420 - $3,335
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Built in 2017Studio to 3 Bedroom Apartments Available Jun 2Total Monthly Price
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$1,420 - $3,335
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$1,420 - $3,335
Quarter Row at the Yards
601 W Doty StMadison, WI 53703
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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$1,420 - $2,183Built in 2023Studio to 2 Bedroom Apartments Available Now
Eastpark Apartments
5601 Fraser CirMadison, WI 53718
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$1,420 - $3,380
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Built in 2025Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,420 - $3,380
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$1,420 - $3,380
Irwin
838 Williamson StMadison, WI 53703
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$1,425 - $2,550Built in 2022Studio to 2 Bedroom Apartments Available Now
Stadium Lofts
1501 Monroe stMadison, WI 53711
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$1,425 - $2,750Built in 2024Studio to 2 Bedroom Apartments Available Now
The Tuxedo Apartments
5602 Schroeder RdMadison, WI 53711
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$1,439 - $3,959Built in 2017Studio to 3 Bedroom Apartments Available Now
Veritas Village
110 N Livingston StMadison, WI 53703
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$1,440 - $2,460
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Built in 2022Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,440 - $2,460
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$1,440 - $2,460
The Sofia
1252 S Park StMadison, WI 53715
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$1,445 - $2,095Built in 2016Studio to 3 Bedroom Apartments Available Now
apollo 502
502 Apollo WayMadison, WI 53718
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$1,450 - $2,455Built in 2016Studio to 2 Bedroom Apartments Available Now
Tuscany on Pleasant View
310 Samuel DrMadison, WI 53717
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$1,450 - $2,700Built in 2024Studio to 2 Bedroom Apartments Available Now
Starkweather Place
215 N Fair Oaks AveMadison, WI 53714
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$1,450 - $2,300
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Built in 2026Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,450 - $2,300
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Live McKee
6708 Mader DrMadison, WI 53719
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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$1,450 - $1,550Built in 20261 Bedroom Apartments Available Aug 15
The Bankston Apartments
429 W Mifflin StMadison, WI 53703
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$1,457 - $6,450Built in 2025Studio to 3 Bedroom Apartments Available Now
Bakers Place
10 S Paterson StMadison, WI 53703
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$1,475 - $2,600
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Built in 2017Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,475 - $2,600
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$1,475 - $2,600
Deco Luxury Apartments
8310 Globe DrMadison, WI 53717
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$1,480 - $2,990Built in 2021Studio to 3 Bedroom Apartments Available Now
Esker
2850 Bedrock LnMadison, WI 53719
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$1,490 - $2,390Built in 2026Studio to 2 Bedroom Apartments Available Jul 1
Waterfall
8421 Mansion Hill AveMadison, WI 53719
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$1,495 - $2,480
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Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,495 - $2,480
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$1,495 - $2,480
The Philben
6223 University AveMadison, WI 53705
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$1,495 - $2,495
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Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,495 - $2,495
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$1,495 - $2,495
Whitney Point
5414 Mineral Point RdMadison, WI 53705
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$1,495 - $3,640
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Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,495 - $3,640
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$1,495 - $3,640
The Fitzgerald
3914 Monona DrMadison, WI 53716
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$1,499 - $2,150Built in 2018Studio to 2 Bedroom Apartments Available Now
City Center Junction Apartments
550-610 Junction RdMadison, WI 53717
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$1,500 - $2,350
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Built in 2018Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,500 - $2,350
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$1,500 - $2,350
Watts Hill Apartments
489 Commerce DrMadison, WI 53719
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.
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$1,510 - $4,944
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Built in 2025Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,510 - $4,944
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The Duncan
1625 Lock LnMadison, WI 53703
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$1,510 - $2,845Built in 2018Studio to 2 Bedroom Apartments Available Now
The Marling
1827 E Washington AveMadison, WI 53704
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$1,515 - $3,375Built in 2021Studio to 3 Bedroom Apartments Available Now
The 85 at Maple Grove
4002 Manchester RdMadison, WI 53719
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$1,515 - $1,950Built in 2023Studio to 1 Bedroom Apartments Available Now
The Post
131 E Lakeside StMadison, WI 53715
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$1,519 - $3,759
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Built in 2016Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,519 - $3,759
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$1,519 - $3,759
Galaxie High Rise Apartments
822 E Washington AveMadison, WI 53703
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$1,520 - $2,355Built in 20161 to 2 Bedroom Apartments Available Now
The View
818 N Star DrMadison, WI 53718
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$1,525 - $2,700Built in 2025Studio to 2 Bedroom Apartments Available Now
3722 Speedway Rd
3722 Speedway RdMadison, WI 53705
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$1,535 - $3,725Built in 2022Studio to 3 Bedroom Apartments Available Now
The Eastern
1868 E Washington AveMadison, WI 53704
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$1,550 - $2,730Built in 2023Studio to 3 Bedroom Apartments Available Now
601 @ University Park
601 Sand Pearl LnMadison, WI 53711
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$1,550 - $4,912Built in 2025Studio to 2 Bedroom Apartments Available Now
VANILLA 301 SPE LLC
517 W Main StMadison, WI 53703
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$1,565 - $2,605Built in 20251 to 2 Bedroom Apartments Available Now
West End @ University Park
655 S Whitney WayMadison, WI 53711
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$1,565 - $3,200Built in 2020Studio to 2 Bedroom Apartments Contact Us For Availability
Peloton Residences
1008 S Park StMadison, WI 53715
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$1,575 - $3,720
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Built in 2019Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,575 - $3,720
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$1,575 - $3,720
The Edge
309 S Blount StMadison, WI 53703
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$1,576 - $2,500Built in 20182 Bedroom Apartments Available Now
8Twenty Park
820 S Park StMadison, WI 53715
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$1,580 - $3,450
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Built in 20161 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,580 - $3,450
Total Monthly Price
$1,580 - $3,450
Factory District
1222 E Washington AveMadison, WI 53703
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$1,590 - $2,790Built in 2016Studio to 3 Bedroom Apartments Available Now
The Dude Abodes
902 Drake StMadison, WI 53715
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$1,595 - $1,865Built in 20232 Bedroom Apartments Available Now
Park Cedar Apartments
815 Cedar StMadison, WI 53715
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$1,595 - $2,595Built in 20231 to 3 Bedroom Apartments Available Now
The Heights
2206 University AveMadison, WI 53726
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$1,595 - $2,795Built in 2026Studio to 2 Bedroom Apartments Available Sep 15
Trader's Way
6706 Old Sauk RdMadison, WI 53705
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Built in 2021Studio to 2 Bedroom Apartments
Pine Ridge Apartments No Vacancies
5321-5327 Westport RdMadison, WI 53704
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 | $1,483 | $715 | $2,890 |
| Madison 1 Bedroom Apartments | $1,706 | $641 | $3,750 |
| Madison 2 Bedroom Apartments | $2,107 | $763 | $8,070 |
| Madison 3 Bedroom Apartments | $2,529 | $866 | $10,000+ |
| Madison 4 Bedroom Apartments | $2,110 | $969 | $6,700 |
| Madison 5 Bedroom Apartments | $2,357 | $941 | $7,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 $925.
What is the price of a cheap apartment in Madison?
The cheapest apartment in Madison is The Landing at 818 which is listed at $612, while the average apartment in Madison costs $3,013.
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 11,900 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 $601 which is $2,412 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.
Helpful Local Expert Guides
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.
Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI
Written by: Mike Heuer
I am Mike, your guide to student housing in the Greater Madison, Wisconsin, area. Madison is a terrific city that also is the Capital of Wisconsin.
An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin
Written by: Mike Heuer
Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.
Articles, How-To's, and Tips
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.
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.
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.
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.