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Rent Specials
from $1,450Built in 20251 to 3 Bedroom Apartments Available Jul 1
Central Park Place
5115-5117 Central Park PlFitchburg, WI 53711
Cheap New Apartments for Rent in Madison, WI from $400 (165 Rentals)Page 4 of 4
Search the lowest-cost Apartments available for rent right now in Madison.
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Rent Specials
from $1,488Built in 20171 to 2 Bedroom Apartments Available Now
Scenic Ridge Apartments
1061 Acker LnVerona, WI 53593
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from $1,495Built in 20231 to 2 Bedroom Apartments Available Now
Klassik
410 W Verona AveVerona, WI 53593
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from $1,495Built in 20201 to 3 Bedroom Apartments Available Now
The Laurel at Kilkenny
1101 Connery CvWaunakee, WI 53597
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Rent Specials
from $1,495Built in 2022Studio to 3 Bedroom Apartments Available Now
Two Points Crossing
9419 Modern Point LnVerona, WI 53593
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Built in 20221 to 2 Bedroom Apartments
Glen Grove Apartments
1120 N Windsor AveCottage Grove, WI 53527
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Built in 2016Studio to 1 Bedroom Apartments
Prairie Trail Residences
3061 Pleasant StSun Prairie, WI 53590
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Madison, WI Local Guide
How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Studio Apartments | $1,455 | $845 | $4,670 |
| Madison 1 Bedroom Apartments | $1,703 | $565 | $5,210 |
| Madison 2 Bedroom Apartments | $2,128 | $747 | $7,000 |
| Madison 3 Bedroom Apartments | $2,451 | $730 | $6,515 |
| Madison 4 Bedroom Apartments | $1,734 | $750 | $4,900 |
| Madison 5 Bedroom Apartments | $1,663 | $699 | $7,277 |
Explore Madison
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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 $915.
What is the price of a cheap apartment in Madison?
The cheapest apartment in Madison is The Canyons which is listed at $625, while the average apartment in Madison costs $2,543.
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 4,302 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 $395 which is $2,148 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.
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.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.