Cheap New Apartments for Rent in Madison, WI from $400 (203 Rentals) Page 4 of 5

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

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Cariad
Rent Specials
$1,540 - $2,425Built in 2023Studio to 2 Bedroom Apartments Available Now

Cariad

6230-6236 University AveMiddleton, WI 53562
Work From Home
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The Landing at 818
Built in 20231 to 2 Bedroom Apartments

The Landing at 818

818 W Main StSun Prairie, WI 53590
Senior Living
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Glen Grove
Built in 20221 to 3 Bedroom Apartments

Glen Grove

1120 N Windsor AveCottage Grove, WI 53527
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Farwell Place
Built in 2016Studio to 2 Bedroom Apartments

Farwell Place

5020 Farwell StMcFarland, WI 53558
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Prairie Trail Residences
Built in 2016Studio to 2 Bedroom Apartments

Prairie Trail Residences

3061 Pleasant StSun Prairie, WI 53590
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Falcon Apartments
Built in 2022Studio to 2 Bedroom Apartments

Falcon Apartments

5122 Lacy RdFitchburg, WI 53711
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The Atwater
Built in 2020Studio to 2 Bedroom Apartments

The Atwater

4721 Farwell AveMcFarland, WI 53558
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The Arlo
Built in 2024Studio to 3 Bedroom Apartments

The Arlo

5002 Stanley Park PlFitchburg, WI 53711
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Village on Main
Built in 20221 to 3 Bedroom Apartments

Village on Main

703 W Main StWaunakee, WI 53597
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Raven
Built in 2019Studio to 3 Bedroom Apartments

Raven

5116 Lacy RdFitchburg, WI 53711
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Tralee
Built in 2017Studio to 2 Bedroom Apartments

Tralee

5500 Nobel DrFitchburg, WI 53711
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Ochalla Springs
Built in 2023Studio to 3 Bedroom Apartments

Ochalla Springs

2974 Ochalla DrFitchburg, WI 53713
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Showing Results 151-200, Page 4 of 5

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $922.

What is the price of a cheap apartment in Madison?

The cheapest apartment in Madison is Oak Ridge at University Park Senior Apartments which is listed at $646, while the average apartment in Madison costs $3,551.

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 5,047 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 $611 which is $2,940 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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.