Cheap New Apartments for Rent in Madison, WI from $400 (204 Rentals) Page 3 of 5

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

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The Andre Apartments
Built in 20231 to 3 Bedroom Apartments

The Andre 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
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3Twenty Apartments
Built in 20161 to 3 Bedroom Apartments

3Twenty Apartments

320 E Wilson StMadison, WI 53703
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2128 Luann Ln
Built in 20221 to 2 Bedroom Apartments

2128 Luann Ln

2128 Luann LnMadison, WI 53713
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2012 Winnebago St
Built in 2024Studio to 2 Bedroom Apartments

2012 Winnebago St

2012 Winnebago StMadison, WI 53704
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Live McKee
Built in 2026Studio to 2 Bedroom Apartments

Live McKee

6708 McKee RdMadison, WI 53719
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Royster Commons
Built in 20191 to 2 Bedroom Apartments

Royster Commons

523 Grand Oak TrlMadison, WI 53714
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151 E Wilson
Built in 2018Studio to 3 Bedroom Apartments

151 E Wilson

151 E Wilson StMadison, WI 53703
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Asana Apartments
Built in 2017Studio to 1 Bedroom Apartments

Asana Apartments

2081 Atwood AveMadison, WI 53704
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Midtown Reserve Apartments
Built in 2020Studio to 2 Bedroom Apartments

Midtown Reserve Apartments

1824 Waldorf BlvdMadison, WI 53719
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10 Woodridge Ct
Built in 20242 Bedroom Apartments

10 Woodridge Ct

10 Woodridge CtMadison, WI 53704
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The Compass
Built in 2020Studio to 2 Bedroom Apartments

The Compass

622 W Wilson StMadison, WI 53703
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700 UBD Apartments
Built in 2016Studio to 2 Bedroom Apartments

700 UBD Apartments

700 University Bay DrMadison, WI 53705
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Kestrel Apartments
$1,009 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,009 - $2,300

Total Monthly Price
$1,009 - $2,300
Built in 2019Studio to 2 Bedroom Apartments Available Now

Kestrel Apartments

6818 University AveMiddleton, WI 53562
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Bela Springs
Rent Specials
$1,295 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,650

Total Monthly Price
$1,295 - $2,650
Built in 2024Studio to 3 Bedroom Apartments Available Now

Bela Springs

2876 Index RdFitchburg, WI 53713
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Jenny Wren Place
$1,324 - $1,820
Total Monthly Price

Total Monthly Price

Base Rent
$1,324 - $1,820

Total Monthly Price
$1,324 - $1,820
Built in 20231 to 2 Bedroom Apartments Available Now

Jenny Wren Place

2500 Jenny Wren TrlSun Prairie, WI 53590
Corporate Housing
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  • Customer Reviewed
  • Utilities Included

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

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.

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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.

decorative image for An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin   article

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.