
Cheap Apartments for Rent in Madison, WI from $400 with Washer/Dryer (369 Rentals) Page 2 of 8
Search the lowest-cost Apartments available for rent right now in Madison.


Monona Shores Apartments

Petra Apartments

PARK TOWER

Elevate Apartments

Stockbridge Trails

Jupiter Crossing

Greenbriar Village

The Monticello

Roundhouse 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.

The Oscar Family Apartments

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Meadowood Apartments

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Camden Court Apartments

Glacier Valley at Reston Heights

The Landing on East Hill Parkway

Hidden Creek 1 Residences

50Twenty

Infinity

22 Slate

Maple Grove 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.

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Bassett Walk

Normandy Square 55+

Fusion at 841

Tennyson Ridge

932 Emerald St

The Derby

Grand Park

Valor on Washington

High Point Woods

The Marquee
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.

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Nexus at Union Corners

Revelry Living

Hercules Trail

Fairhaven Court Apartments

Parkside

2500 Rimrock Lofts

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Washington Court Apartments

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Timber Bluff

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615 Pine St, Unit 2

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1517 McKenna Blvd, Unit 2
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.

Yellowstone Apartments

Hanover Square Apartments

Fair Oaks

Tailor Place

The View

Barrington Place

Hawks Ridge

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Nantucket Apartments

Cross Hill Heights

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Jannah Village 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.
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 | $1,491 | $782 | $2,601 |
| Madison 1 Bedroom Apartments | $1,690 | $606 | $3,750 |
| Madison 2 Bedroom Apartments | $2,092 | $763 | $6,655 |
| Madison 3 Bedroom Apartments | $2,445 | $550 | $10,000+ |
| Madison 4 Bedroom Apartments | $1,870 | $700 | $6,700 |
| Madison 5 Bedroom Apartments | $2,063 | $941 | $7,250 |
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 $925.
What is the price of a cheap apartment in Madison?
The cheapest apartment in Madison is The Landing at 818 which is listed at $612, while the average apartment in Madison costs $2,653.
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 11,683 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 $628 which is $2,025 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 Citys 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.