
Cheap New Apartments for Rent in Madison, WI from $641 (243 Rentals) Page 5 of 5
Search the lowest-cost Apartments available for rent right now in Madison.


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Lincoln Street Apartments

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Prima

Apex at Verona

The West Edge

Conservancy Bend Residences

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Cariad

One Glenn Place

Scenic Ridge Apartments

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The Aviary at Middleton Market

The Edison

Van Buren West

The Laurel at Kilkenny

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The Gordon

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Talon

The Lafayette

Lake 61

Uptown Hills

Paragon Place at Bear Claw Way

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The Foundry at Greenway

Mill District Apartments

The Waverly

Velocity Apartments

Drumlin Towers

Sugar Creek Commons

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Homestead Luxury Apartments

Catalina Crossing

Brownpoint Reserve

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Allen Bay

2317 Parmenter St

Prairie Trail Residences

Falcon Apartments

Farwell Place

The Atwater

Besa Monona

The Arlo

Raven

Tralee

Oakmont Senior Community

Ochalla Springs

1174 Stonewood Crossing

Drumlin Reserve

The Pointe
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 | $1,465 | $782 | $2,992 |
| Madison 1 Bedroom Apartments | $1,688 | $590 | $5,395 |
| Madison 2 Bedroom Apartments | $2,100 | $763 | $6,895 |
| Madison 3 Bedroom Apartments | $2,485 | $883 | $10,000+ |
| Madison 4 Bedroom Apartments | $2,381 | $799 | $6,700 |
| Madison 5 Bedroom Apartments | $2,795 | $941 | $8,151 |
Browse Top Apartments in Madison
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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

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.

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.

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.

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

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.

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.

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.

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.