Cheap Apartments for Rent in Madison, WI from $400 (554 Rentals) Page 5 of 12

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Madison is under $950.

The cheapest apartment in Madison is Klassik which is listed at $656, while the average apartment in Madison costs $2,444.

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 5,061 regular apartments in Madison that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Cheap apartments in Madison have an average cost of $427 which is $2,017 cheaper than the average rent for all rentals in Madison.