
Cheap New Apartments for Rent in Madison, WI from $400 (200 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in Madison.


Cross Hill Heights

Total Monthly Price
Live McKee

Illuminate Luxury Residences

Harmony at Grandview Commons

Eastpark Apartments

Reserve at High Point

Total Monthly Price
Quarter Row at the Yards

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The Marquee

Elevate Apartments
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.

Total Monthly Price
The Sofia

The 85 at Maple Grove

Total Monthly Price
Garver Point

Tuscany on Pleasant View

Starkweather Place

West End @ University Park

Waterfall

Esker

The Tuxedo Apartments

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The Fitzgerald

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The Philben

City Center Junction Apartments

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Watts Hill Apartments

The Post

The Emerson

Wrenfield at Pleasant View

Avenir Apartments

The Urbana

The Marling

Midtown Reserve Apartments

601 @ University Park

Total Monthly Price
Deco Luxury Apartments

The Eastern

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Galaxie High Rise Apartments

PELOTON RESIDENCES, LLC - Phase 1

The Dude Abodes

Lyric

The Edge

8Twenty Park

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The Penny

Yellowstone Apartments

Park Cedar Apartments

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Aventine

Tennyson Ridge

Pine Ridge Apartments No Vacancies

The Madisonian Senior Apartments

The Andre Apartments

Enso Apartments

Prism

Willy Street Central
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 | $800 | $3,945 |
| Madison 1 Bedroom Apartments | $1,738 | $641 | $10,000+ |
| Madison 2 Bedroom Apartments | $2,136 | $763 | $9,889 |
| Madison 3 Bedroom Apartments | $2,458 | $675 | $10,000+ |
| Madison 4 Bedroom Apartments | $2,263 | $650 | $6,700 |
| Madison 5 Bedroom Apartments | $2,156 | $1,214 | $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 $895.
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 $2,929.
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 8,171 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 $568 which is $2,361 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.

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.

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.