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$1,385 - $2,425Built in 2024Studio to 2 Bedroom Apartments Available Now
Starkweather Place
215 N Fair Oaks AveMadison, WI 53714
Cheap New Apartments for Rent in Madison, WI from $400 (207 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in Madison.
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$1,387 - $2,304Built in 20231 to 2 Bedroom Apartments Available Now
Eastpark Apartments
5601 Fraser CirMadison, WI 53718
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$1,395 - $2,390Built in 20211 to 2 Bedroom Apartments Available Now
The Urbana
5577 Odana RdMadison, WI 53719
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$1,400 - $2,895Built in 2025Studio to 2 Bedroom Apartments Available Now
VANILLA 301 SPE LLC
517 W Main StMadison, WI 53703
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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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$1,410 - $2,720Built in 2024Studio to 3 Bedroom Apartments Available Now
Signature Pointe
2015 E Springs DrMadison, WI 53704
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$1,415 - $1,465Built in 2017Studio to 2 Bedroom Apartments Available Now
The Breese
1003 E Mifflin StMadison, WI 53703
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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
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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$1,425 - $2,550Built in 2022Studio to 2 Bedroom Apartments Contact Us For Availability
Stadium Lofts
1501 Monroe stMadison, WI 53711
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$1,435 - $2,370Built in 2024Studio to 2 Bedroom Apartments Available Now
The Tuxedo Apartments
5602 Schroeder RdMadison, WI 53711
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$1,445 - $1,895Built in 2016Studio to 3 Bedroom Apartments Available Now
apollo 502
502 Apollo WayMadison, WI 53718
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$1,450 - $3,118Built in 2021Studio to 3 Bedroom Apartments Available Now
Wrenfield at Pleasant View
8504 Mansion Hill AveMadison, WI 53719
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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 - $2,095Built in 20202 Bedroom Apartments Available Now
The Grove Apartments
202-206 Cottage Grove RdMadison, WI 53716
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$1,450 - $1,725Built in 20182 to 3 Bedroom Apartments Available Now
The Royal
2232 W BroadwayMadison, WI 53713
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$1,450 - $1,495
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Built in 20201 Bedroom Apartments Available Sep 4Total Monthly Price
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$1,450 - $1,495
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$1,450 - $1,495
PACKTENN
2024 Tennyson LnMadison, WI 53704
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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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$1,455 - $2,780Built in 2018Studio to 2 Bedroom Apartments Available Now
The Marling
1827 E Washington AveMadison, WI 53704
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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$1,467 - $6,450Built in 2025Studio to 3 Bedroom Apartments Available Now
Bakers Place
10 S Paterson StMadison, WI 53703
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$1,475 - $3,335
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Built in 20171 to 3 Bedroom Apartments Available Aug 5Total Monthly Price
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$1,475 - $3,335
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$1,475 - $3,335
Quarter Row at the Yards
601 W Doty StMadison, WI 53703
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$1,485 - $3,739Built in 2021Studio to 3 Bedroom Apartments Available Now
The 85 at Maple Grove
4002 Manchester RdMadison, WI 53719
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$1,495 - $2,850Built in 20221 to 3 Bedroom Apartments Available Now
Harbor View Apartments
5273 University AveMadison, WI 53705
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$1,495 - $3,080
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Built in 2021Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,495 - $3,080
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$1,495 - $3,080
Esker
2850 Bedrock LnMadison, 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 - $3,345
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Built in 2023Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,495 - $3,345
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$1,495 - $3,345
The Fitzgerald
3914 Monona DrMadison, WI 53716
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$1,500 - $2,600
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Built in 2017Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,500 - $2,600
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$1,500 - $2,600
Deco Luxury Apartments
8310 Globe DrMadison, WI 53717
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$1,500 - $1,795
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Built in 2026Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,500 - $1,795
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Live McKee
6708 Mader DrMadison, WI 53719
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$1,500 - $2,350
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Built in 2018Studio to 3 Bedroom Apartments Contact Us For AvailabilityTotal 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
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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$1,510 - $2,260
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Built in 2026Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,510 - $2,260
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$1,510 - $2,260
The Waterfall
8421 Mansion Hill AveMadison, WI 53719
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$1,510 - $2,640
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Built in 2019Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,510 - $2,640
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$1,510 - $2,640
Garver Point
171 S Fair OaksMadison, WI 53704
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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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$1,534 - $4,944
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Built in 2025Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,534 - $4,944
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The Duncan
1625 Lock LnMadison, WI 53703
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$1,549 - $3,200Built in 2020Studio to 2 Bedroom Apartments Contact Us For Availability
Peloton Residences, LLC - Phase 1
1008 S Park StMadison, WI 53715
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$1,550 - $2,720Built in 2023Studio to 3 Bedroom Apartments Available Now
601 @ University Park
601 Sand Pearl LnMadison, WI 53711
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$1,555 - $3,625Built in 2022Studio to 3 Bedroom Apartments Available Now
The Eastern
1868 E Washington AveMadison, WI 53704
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$1,560 - $1,600Built in 20221 Bedroom Apartments Available Now
The Summit Residences
4612 Hammersley RdMadison, WI 53711
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$1,564 - $2,665Built in 20231 to 3 Bedroom Apartments Available Now
The Heights
2206 University AveMadison, WI 53726
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$1,565 - $2,665Built in 20221 to 2 Bedroom Apartments Available Now
RI Apartments
6518 Milwaukee StMadison, WI 53718
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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$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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$1,580 - $3,335
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Built in 20161 to 3 Bedroom Apartments Available Aug 1Total Monthly Price
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$1,580 - $3,335
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$1,580 - $3,335
Factory District
1222 E Washington AveMadison, WI 53703
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$1,585 - $2,605Built in 20251 to 2 Bedroom Apartments Available Now
West End @ University Park
655 S Whitney WayMadison, WI 53711
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$1,590 - $2,229
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Built in 2026Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,590 - $2,229
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$1,590 - $2,229
Vicino Apartments
1235 Regent StMadison, WI 53715
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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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$1,595 - $2,095Built in 2024Studio to 2 Bedroom Apartments Available Now
The Tradition At Smoky's Club
3007 University AveMadison, WI 53705
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$1,595 - $3,595Built in 2020Studio to 3 Bedroom Apartments Available Now
Arden
1050 E Washington AveMadison, WI 53703
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$1,595 - $2,850
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Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,595 - $2,850
Total Monthly Price
$1,595 - $2,850
Aventine
1958 Atwood AveMadison, WI 53704
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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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$1,599 - $2,599Built in 2019Studio to 2 Bedroom Apartments Available Now
City Center Apartments
550-610 Junction RdMadison, WI 53717
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.
Showing Results 51-100, Page 2 of 5
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 | $1,491 | $782 | $2,601 |
| Madison 1 Bedroom Apartments | $1,690 | $606 | $3,750 |
| Madison 2 Bedroom Apartments | $2,092 | $763 | $6,655 |
| Madison 3 Bedroom Apartments | $2,445 | $550 | $10,000+ |
| Madison 4 Bedroom Apartments | $1,870 | $700 | $6,700 |
| Madison 5 Bedroom Apartments | $2,063 | $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 $2,653.
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 11,683 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 $628 which is $2,025 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
Finding Your Place in Madison: Neighborhoods Close to the Citys Biggest Jobs
Written by: Mike Heuer
Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.
An Insider's 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.
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.
The Expert's 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.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.