Cheap New Apartments for Rent in Madison, WI from $400 (204 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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The TROTTA
$1,363 - $2,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,363 - $2,999

Total Monthly Price
$1,363 - $2,999
Built in 20211 to 3 Bedroom Apartments Available Now

The TROTTA

3001 Parmenter StMiddleton, WI 53562
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Heritage Hills Apartments
Rent Specials
$1,370 - $2,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $2,595

Total Monthly Price
$1,370 - $2,595
Built in 2023Studio to 2 Bedroom Apartments Available Now

Heritage Hills Apartments

110 Breunig BlvdWaunakee, WI 53597
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The Wildwood at Main
Rent Specials
$1,393 - $2,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,393 - $2,100

Total Monthly Price
$1,393 - $2,100
Built in 20232 to 3 Bedroom Apartments Available Now

The Wildwood at Main

150 Schneider RdSun Prairie, WI 53590
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The Edge at Terravessa
Rent Specials
$1,395 - $3,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $3,200

Total Monthly Price
$1,395 - $3,200
Built in 20231 to 3 Bedroom Apartments Available Now

The Edge at Terravessa

4888 Brassica RdFitchburg, WI 53711
Luxury
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Central Park Place
Rent Specials
$1,400 - $2,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,395

Total Monthly Price
Varies
Built in 20251 to 3 Bedroom Apartments Available Now

Central Park Place

5115-5117 Central Park PlFitchburg, WI 53711
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Timber Valley Apartments
Rent Specials
$1,420 - $2,890
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $2,890

Total Monthly Price
$1,420 - $2,890
Built in 2018Studio to 3 Bedroom Apartments Available Jul 8

Timber Valley Apartments

9622 Watts RdVerona, WI 53593
Outdoors
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The Juniper
Rent Specials
$1,445 - $2,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,445 - $2,720

Total Monthly Price
$1,445 - $2,720
Built in 20251 to 3 Bedroom Apartments Available Now

The Juniper

2692 Botanical DrFitchburg, WI 53711
Eco-Friendly
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The Outlook Apartments
Rent Specials
$1,515 - $2,075
Total Monthly Price

Total Monthly Price

Base Rent
$1,515 - $2,075

Total Monthly Price
$1,515 - $2,075
Built in 2022Studio to 2 Bedroom Apartments Available Now

The Outlook Apartments

10017 Sweet Willow PassVerona, WI 53593
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Lincoln Street Apartments
$1,550 - $2,880
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $2,880

Total Monthly Price
$1,550 - $2,880
Built in 2020Studio to 3 Bedroom Apartments Available Now

Lincoln Street Apartments

104 Lincoln StVerona, WI 53593
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Cariad
$1,580 - $2,880
Total Monthly Price

Total Monthly Price

Base Rent
$1,580 - $2,880

Total Monthly Price
$1,580 - $2,880
Built in 2023Studio to 2 Bedroom Apartments Available Now

Cariad

6230-6236 University AveMiddleton, WI 53562
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Lamphouse Apartments
Rent Specials
$1,610 - $4,360
Total Monthly Price

Total Monthly Price

Base Rent
$1,610 - $4,360

Total Monthly Price
$1,610 - $4,360
Built in 2019Studio to 3 Bedroom Apartments Available Now

Lamphouse Apartments

203 E Main StWaunakee, WI 53597
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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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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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Farwell Place
Built in 2016Studio to 2 Bedroom Apartments

Farwell Place

5020 Farwell StMcFarland, WI 53558
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The Atwater
Built in 2020Studio to 2 Bedroom Apartments

The Atwater

4721 Farwell AveMcFarland, WI 53558
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Besa Monona
Built in 2026Studio to 2 Bedroom Apartments

Besa Monona

6501 Bridge RdMonona, WI 53713
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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
  • 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

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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.

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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

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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.

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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.

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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.

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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.