
Top Rated Cheap Apartments for Rent in Madison, WI from $400 (204 Rentals) Page 2 of 5
Top Rated Apartments in Madison.
Cheap Apartments in Madison.


2500 Rimrock Lofts

The Madison Mark

Blueberry Hill Apartments

Elevate Apartments

The Depot Apartments

The Tuscany on Pleasant View

Blackhawk Trails Apartments

Bassett Walk
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Bedford Crossing

Woodland Fields

Woodland Commons Madison

McBride Point

SEVEN27 at the Yards

PELOTON RESIDENCES, LLC - Phase 1

Old University Place

Harbour Town
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Watermark Lofts

Mirabel Apartments

Waldorf Midtown

Cornerstone

The Manchester on Midvale

The Marling

Hercules Trail

WINGRA POINT RESIDENCES LLC

The Royal

The Ideal

Bakers Place

Arbor Crossing

The Lodge At Walnut Grove

Province Hill

Oakland on Monroe

The Normandy Apartments

Renew Madison

Midtown Reserve Apartments

Harmony at Grandview Commons

Hamilton Plaza

Domain

Factory District
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 | $1,473 | $749 | $3,945 |
| Madison 1 Bedroom Apartments | $1,722 | $641 | $4,685 |
| Madison 2 Bedroom Apartments | $2,130 | $686 | $7,000 |
| Madison 3 Bedroom Apartments | $2,546 | $839 | $6,450 |
| Madison 4 Bedroom Apartments | $2,555 | $1,099 | $6,700 |
| Madison 5 Bedroom Apartments | $2,520 | $1,199 | $8,150 |
Explore Madison
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 $890.
What is the price of a cheap apartment in Madison?
The cheapest apartment in Madison is Klassik which is listed at $677, while the average apartment in Madison costs $4,098.
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 4,928 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 $447 which is $3,651 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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!










