
Cheap Apartments for Rent in Madison, WI from $590 with Swimming Pool (132 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in Madison.


Stonewood Village

Briarwood Apartments

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Nantucket Apartments

Trader's Way

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Esker

The 85 at Maple Grove

Province Hill

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Blackhawk Trails Apartments

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Mirabel Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Waterfall

The Eastern

Harbour Town

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Live McKee

High Point Woods

601 @ University Park

Midpoint Meadows

Fitchburg Springs

Hanover Square Apartments

West End @ University Park
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Park Cedar Apartments

Domain

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Deco Luxury Apartments

Valley View

Arbor Lakes

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Middleton Ridge Apartments

Meadow Ridge Middleton

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The Brittany

Executive East Apartments

Limestone Ridge Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Authentix Cottage Grove

Iron Gate

Springs At Sun Prairie

The Abbey

Quail Run

Aspen Ridge

The Revere at Smith's Crossing

The Addison

Leopold Place

Elan
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The Masters Residences

Westbriar Apartments

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The Terraces of Windsor Crossing

Covered Bridge Residences

The Park

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Terraces of Windsor Crossing 55+

The Preserve at Prairie Lakes

Springs at Deforest

Heritage Hills Apartments

Residences at DeForest Yards
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.
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 | $1,686 | $590 | $5,395 |
| Madison 2 Bedroom Apartments | $2,098 | $763 | $6,895 |
| Madison 3 Bedroom Apartments | $2,488 | $883 | $10,000+ |
| Madison 4 Bedroom Apartments | $2,367 | $799 | $6,700 |
| Madison 5 Bedroom Apartments | $2,795 | $941 | $8,151 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
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 $865.
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 $1,758.
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 11,243 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 $549 which is $1,209 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.