
Cheap Apartments for Rent in Madison, WI from $400 with Washer/Dryer (359 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.


Oak Ridge at University Park Senior Apartments

The Shield

Total Monthly Price
632 Howard Place

Total Monthly Price
PMM + MS

Normandy Square 55+

Town's Edge Apartments

Lake Point Terrace

Total Monthly Price
Vicino Madison

The Oscar Family 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.

City Row

Catalpa Crossing Apartments

Tailor Place

Ella

AutumnCreek

Theory Madison

The Ace Apartments

Maple Grove Apartments

Total Monthly Price
Westminster Senior Apartments

Glendale Townhomes
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.

Rosewood Villas - Senior

The Breese

Summit Hill

50Twenty

Prentice Park

Canopy Collection - Canopy Trails

Total Monthly Price
The Victoria at Huxley Yards

Total Monthly Price
The View at Huxley Yards

Novation Senior

Heather Downs Apartments
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.

University Park Commons

The Oscar Senior Apartments

Total Monthly Price
Arbor Hills

The Meadowlands

River Bend Apartments at the Arboretum

Hunters Ridge

Petra Apartments

Kensington Pointe

Pinney Lane

Greenbriar Village
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

apollo 502

Blackhawk Trails Apartments

Hercules Trail

McKenna Woods

514 E Johnson St, Unit 2

Parkside

Stockbridge Trails

PARK TOWER

PACKTENN

2411 Brentwood Pkwy
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.
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 | $1,519 | $800 | $4,650 |
| Madison 1 Bedroom Apartments | $1,763 | $613 | $4,800 |
| Madison 2 Bedroom Apartments | $2,144 | $763 | $6,600 |
| Madison 3 Bedroom Apartments | $2,471 | $675 | $10,000+ |
| Madison 4 Bedroom Apartments | $2,312 | $650 | $6,700 |
| Madison 5 Bedroom Apartments | $2,180 | $1,199 | $8,150 |
Explore Madison

Madison, WI Local Guide
- Madison Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI
Discover the best student housing neighborhoods for renting in Madison, Wisconsin! This guide covers apartments near the University of Wisconsin-Madison, Edgewood University, Herzing University, and Madison Area Technical College, detailing locations like Regent, Shorewood Hills, Dudgeon-Monroe, and more for your perfect college home.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, WI Rentals by Map
See the most popular apartments and homes in Madison, WI
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 Eagle Harbor which is listed at $613, while the average apartment in Madison costs $3,774.
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 8,724 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 $516 which is $3,258 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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.