
Cheap New Apartments for Rent in Madison, WI from $400 (206 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in Madison.


Ella

Whitney Point

2500 Rimrock Lofts

Elevate Apartments

Fair Oaks

The Meadowlands

601 @ University Park

Bassett Walk

The Tuscany on Pleasant View
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.

Quarter Row at the Yards

Metro View Apartments

The 85 at Maple Grove

PELOTON RESIDENCES, LLC - Phase 1

Esker

West End @ University Park

Watermark Lofts

Cornerstone

Asana Apartments

The Marling
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.

The Sofia

Vicinato

The Manchester on Midvale

10 Woodridge Ct

The Royal

Bakers Place

The Edge

The Philben

City Center Junction Apartments

Oakland on Monroe

Wrenfield at Pleasant View

The Whitney Reserve

Grand Teton

Harmony at Grandview Commons

Aventine

Domain

The Emerson

The Duncan

Park Cedar Apartments

Factory District

The Fitzgerald

Deco Luxury Apartments

Pine Ridge Apartments No Vacancies

The Madisonian Senior Apartments

Generations at Union Corners
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 | $1,475 | $749 | $3,945 |
| Madison 1 Bedroom Apartments | $1,724 | $641 | $4,680 |
| Madison 2 Bedroom Apartments | $2,146 | $686 | $7,000 |
| Madison 3 Bedroom Apartments | $2,543 | $839 | $6,450 |
| Madison 4 Bedroom Apartments | $2,555 | $1,099 | $6,700 |
| Madison 5 Bedroom Apartments | $2,494 | $1,199 | $8,150 |
Explore Madison
Getting Around Madison, WI
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
69 / 100
Bikeable
Some bike infrastructure
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Madison Apartments
What is the Cheapest Studio apartment in Madison?
Currently the most affordable Cheap Studio Apartment in Madison is at Oakridge Apartments listed at $800.
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $639 at Rise-Madison.
What is the lowest price for a Cheap Two Bedroom Madison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madison is starting from $686 at Eagle Harbor.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at Uno Terrace and starts from $884.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




