
Cheap Apartments for Rent in Madison, WI from $400 with Washer/Dryer (376 Rentals) Page 2 of 8
Search the lowest-cost Apartments available for rent right now in Madison.


Monona Shores Apartments

Lincoln Ridge

Fusion at 841

Petra Apartments

Hidden Creek Residences

Greenbriar Village

Stockbridge Trails

Meadowood Apartments

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

Roundhouse Apartments

Kensington Pointe Apartments

Total Monthly Price
Camden Court Apartments

Glacier Valley at Reston Heights

Elevate Apartments

22 Slate

The Monticello

50Twenty

Cross Hill Heights

High Point Woods
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.

Tennyson Ridge

Total Monthly Price
Garver Point

Maple Grove Apartments

Lakepoint Commons

The Marquee

932 Emerald St

The Derby

Maple Grove Commons

Fair Oaks

Grand Park

Valor on Washington

The Grove Apartments

Total Monthly Price
205 Sunny Meade Ln, Unit #4

RI Apartments

The Meadowlands

2500 Rimrock Lofts

Timber Bluff

Fairhaven Court Apartments

Blueberry Hill Apartments

PARK TOWER

Total Monthly Price
Nexus at Union Corners

5830 Balsam Rd, Unit 4

5830 Balsam Rd, Unit Balsam Apartments #4

Revelry Living

Hanover Square Apartments

Tailor Place

Infinity

Barrington Place

Total Monthly Price
Nantucket Apartments

The Madison Mark
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 | $1,485 | $715 | $2,780 |
| Madison 1 Bedroom Apartments | $1,700 | $641 | $5,250 |
| Madison 2 Bedroom Apartments | $2,113 | $763 | $7,807 |
| Madison 3 Bedroom Apartments | $2,521 | $866 | $10,000+ |
| Madison 4 Bedroom Apartments | $2,106 | $969 | $6,700 |
| Madison 5 Bedroom Apartments | $2,375 | $941 | $7,250 |
Explore 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 $922.
What is the price of a cheap apartment in Madison?
The cheapest apartment in Madison is Irwin which is listed at $230, while the average apartment in Madison costs $2,880.
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 11,727 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 $579 which is $2,301 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

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.

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.

An Insiders 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.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.