
Cheap Apartments for Rent in Madison, WI from $400 (851 Rentals) Page 3 of 18
Search the lowest-cost Apartments available for rent right now in Madison.


Isle of View Apartments

Total Monthly Price
Andes Apartments

McKenna Woods

Park Regent Apartments

Total Monthly Price
Shorewood Apartments

3554 E Washington Ave

Bristol Arms

University Park Commons

Glendale Townhomes
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.

Rock Apartments

Lake Pointe

Inez Apartments

Campus Square Apartments

The Meadowlands

8Twenty Park

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Lake Point Drive Apartments

Total Monthly Price
1301 Jewel Ct

AutumnCreek

Total Monthly Price
Big Sky Manor & High Point Manor

Total Monthly Price
1826 Schlimgen Ave, Unit 1826

The Intersect

Brighton Square

402 W Wilson Street

Total Monthly Price
Vivo Living Madison

Yorktown Estates

Parkview Apartments

Overlook at Midtown

5022 Sheboygan Apartments

22 N Hancock St

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Arbor Hills

Total Monthly Price
Constellation

River Bend Apartments at the Arboretum

Canopy Trails I

The Conway at Huxley Yards

454 W Dayton St

Morgan House

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Hunters Ridge

Elka Lane Apartments

Total Monthly Price
Whitcomb Square Senior Apartment Homes (55+)

Heather Ridge

Total Monthly Price
Northshore Estates

Tuscan Place

Arbor Arms Apartments

1259 Spaight St

Kensington Pointe Apartments

Luna Residences

Monona Shores Apartments

Rivers Edge Apartments

Petra Apartments
Madison, WI Local Guide

How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Madison Studio Apartments | $1,491 | $782 | $2,601 |
| Cheap Madison 1 Bedroom Apartments | $1,690 | $606 | $3,750 |
| Cheap Madison 2 Bedroom Apartments | $2,092 | $763 | $6,655 |
| Cheap Madison 3 Bedroom Apartments | $2,445 | $550 | $10,000+ |
| Cheap 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.