
Cheap Student Apartments for Rent in Madison, WI from $400 (15 Rentals)
Student Housing Options in Madison.
Cheap Apartments in Madison.


Pres House Apartments

Chapter at Madison
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.

229 Lakelawn *Student Housing*

Oliv Madison

Park Terrace West Apartments
Deciding Between a Student Apartment or a Dorm?
If you have the option of living off campus in your own apartment...that is the sure fire way to go! Learn a few reasons why. Click below to read more.
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.
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 | $1,536 | $845 | $4,265 |
Madison 1 Bedroom Apartments | $1,752 | $565 | $4,500 |
Madison 2 Bedroom Apartments | $2,180 | $747 | $7,000 |
Madison 3 Bedroom Apartments | $2,447 | $730 | $6,345 |
Madison 4 Bedroom Apartments | $1,665 | $750 | $4,900 |
Madison 5 Bedroom Apartments | $1,693 | $699 | $7,277 |
Explore Madison

Madison, WI Local Guide
- Madison Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 $925.
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 $2,507.
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 3,539 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 $409 which is $2,098 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.