Cheap New Apartments for Rent in Madison, WI from $400 (196 Rentals) Page 2 of 4

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Search the lowest-cost Apartments available for rent right now in Madison.

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Revelry
Rent Specials
$1,379 - $3,195Built in 2024Studio to 2 Bedroom Apartments Available Now

Revelry

7449 Weekend WayMadison, WI 53719
Family Friendly
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  • Customer Reviewed
  • Matterport 3D Tour
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Tennyson Ridge
Built in 20172 Bedroom Apartments

Tennyson Ridge

3834 Whitman LnMadison, WI 53704
  • Utilities Included
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Point Place
Built in 20201 to 2 Bedroom Apartments

Point Place

7945 Tree LnMadison, WI 53717
Senior Living
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The André Apartments
Built in 20231 to 3 Bedroom Apartments

The André Apartments

2350 Winnebago StMadison, WI 53704
  • Utilities Included
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Enso Apartments
Built in 2018Studio Apartments

Enso Apartments

715 Rethke AveMadison, WI 53714
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Prism
Built in 20201 to 2 Bedroom Apartments

Prism

2838 Dryden DrMadison, WI 53704
  • Utilities Included
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700 UBD Apartments
Built in 2016Studio to 2 Bedroom Apartments

700 UBD Apartments

700 University Bay DrMadison, WI 53705
  • Utilities Included
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504-508 W Main St
Built in 20152 Bedroom Apartments

504-508 W Main St

504-508 W Main StMadison, WI 53703
  • Utilities Included
  • Smoke Free
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Willy Street Central
Built in 20161 to 2 Bedroom Apartments

Willy Street Central

902 Williamson StMadison, WI 53703
  • Utilities Included
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2128 Luann Ln
Built in 20221 to 2 Bedroom Apartments

2128 Luann Ln

2128 Luann LnMadison, WI 53713
  • Utilities Included
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3722 Speedway Rd
Built in 2025Studio to 2 Bedroom Apartments

3722 Speedway Rd

3722 Speedway RdMadison, WI 53705
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Nine Line at the Yards
Built in 20151 to 2 Bedroom Apartments

Nine Line at the Yards

633 W Wilson StMadison, WI 53703
  • Utilities Included
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Asana Apartments
Built in 2017Studio to 1 Bedroom Apartments

Asana Apartments

2081 Atwood AveMadison, WI 53704
  • Utilities Included

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

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 Prairie Creek which is listed at $656, while the average apartment in Madison costs $2,428.

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 4,964 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 $447 which is $1,981 cheaper than the average rent for all rentals in Madison.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.