
Cheap Apartments for Rent in Madison, WI from $400 with Washer/Dryer (216 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in Madison.


Maple Grove Apartments

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

Fieldstone Estates

Grand Park

Garver Point

Shadow Creek Apartments

City Place

Pinney Lane

Whitcomb Square Senior Apartment Homes (55+)

Whitney Point
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.

Washington Court Apartments

Fair Oaks

3Twenty Apartments

The Summit Residences

The Madison Mark

The Breese

Hanover Square Apartments

Barrington Place

Eastpark Apartments

Revelry

Wexford Place Apartments

Maple Grove Commons
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.

Muirfield Apartments

Woodland Reserve Apartments

Signature Pointe

Midtown Terrace

Aurora Pointe Apartments

PACKTENN
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 | $1,472 | $800 | $4,235 |
Madison 1 Bedroom Apartments | $1,748 | $641 | $4,600 |
Madison 2 Bedroom Apartments | $2,142 | $763 | $7,000 |
Madison 3 Bedroom Apartments | $2,621 | $839 | $6,445 |
Madison 4 Bedroom Apartments | $1,629 | $750 | $5,750 |
Madison 5 Bedroom Apartments | $1,795 | $799 | $7,277 |
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 $950.
What is the price of a cheap apartment in Madison?
The cheapest apartment in Madison is Klassik which is listed at $656, while the average apartment in Madison costs $2,434.
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 4,831 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 $404 which is $2,030 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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.