Cheap New Apartments for Rent in Madison, WI from $641 (243 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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Arden
Rent Specials
$1,650 - $3,565Built in 2020Studio to 3 Bedroom Apartments Available Now

Arden

1050 E Washington AveMadison, WI 53703
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  • Utilities Included
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City Center Apartments
$1,675 - $2,550

Total Monthly Price

Base Rent$1,675 - $2,550
Total Monthly Price$1,675 - $2,550
Built in 20191 to 2 Bedroom Apartments Available Now

City Center Apartments

550-610 Junction RdMadison, WI 53717
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  • Smoke Free

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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The Brennan
Rent Specials
$1,700 - $2,450

Total Monthly Price

Base Rent$1,700 - $2,450
Total Monthly PriceVaries
Built in 20231 to 2 Bedroom Apartments Available Now

The Brennan

1689 Capital AveMadison, WI 53705
Corporate Housing
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Avenir Apartments
Rent Specials
$1,730 - $3,590

Total Monthly Price

Base Rent$1,730 - $3,590
Total Monthly Price$1,730 - $3,590
Built in 20231 to 2 Bedroom Apartments Available Sep 15

Avenir Apartments

510 W Washington AveMadison, WI 53703
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ONE 09
Rent Specials
$1,775 - $14,130

Total Monthly Price

Base Rent$1,775 - $14,130
Total Monthly PriceVaries
Built in 2025Studio to 3 Bedroom Apartments Available Now

ONE 09

109 E Wilson StMadison, WI 53703
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Asana Apartments
$1,790

Total Monthly Price

Base Rent$1,790
Total Monthly Price$1,790
Built in 20171 Bedroom Apartments Available Now

Asana Apartments

2081 Atwood AveMadison, WI 53704
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  • Utilities Included
  • 3D Tour

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.

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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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821 Williamson St
Built in 2022Studio to 2 Bedroom Apartments

821 Williamson St

821 Williamson StMadison, WI 53703
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Live McKee
Built in 2026Studio to 2 Bedroom Apartments

Live McKee

6708 McKee RdMadison, WI 53719

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.

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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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Midtown Reserve Apartments
Built in 2020Studio to 2 Bedroom Apartments

Midtown Reserve Apartments

1824 Waldorf BlvdMadison, WI 53719
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Uptown East Apartments
Built in 20171 to 2 Bedroom Apartments

Uptown East Apartments

739 Williamson 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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Capitol's Edge
Built in 2016Studio to 2 Bedroom Apartments

Capitol's Edge

27 N Webster StMadison, WI 53703
  • Utilities Included
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Amphora Apartments
Built in 20182 Bedroom Apartments

Amphora Apartments

7933 Tree LnMadison, WI 53717
  • Utilities Included
Showing Results 101-150, Page 3 of 5

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 148-150 E Gorham St which is listed at $600, while the average apartment in Madison costs $1,760.

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 11,301 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 $553 which is $1,207 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

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Finding Your Place in Madison: Neighborhoods Close to the City's 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.

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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.

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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.

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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

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.