New Apartments for Rent in Madison, WI Under $1,200 (60 Rentals)

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Finding Your Place in Madison: Neighborhoods Close to the City’s Biggest Jobs

Finding the right Madison apartment near work is easy. Browse our guide to the best neighborhoods for professionals, from State-Langdon to Bay Creek.

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Axton
Rent Specials
$1,049 - $1,795Built in 2024Studio to 5 Bedroom Apartments Available Now

Axton

750 Regent StMadison, WI 53715
Student Housing
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  • Utilities Included
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Vivo Living Madison
Rent Specials
$995 - $1,100

Total Monthly Price

Base Rent$995 - $1,100
Total Monthly Price$995 - $1,100
Built in 2024Studio Apartments Available Now

Vivo Living Madison

521 Grand Canyon DrMadison, WI 53719
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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Explore the rise of commercial-to-residential conversions. Learn how repurposing vacant office space helps solve the affordable housing shortage.

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Chapter at Madison
Rent Specials
$941 - $2,499

Total Monthly Price

Base Rent$941 - $2,499
Total Monthly Price$941 - $2,499
Built in 2024Studio to 5 Bedroom Apartments Available Now

Chapter at Madison

832 Regent StMadison, WI 53715
Student Housing
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Carbon
$771 - $1,943

Total Monthly Price

Base Rent$771 - $1,943
Total Monthly Price$771 - $1,943
Built in 20171 to 3 Bedroom Apartments Available Now

Carbon

2418 Winnebago StMadison, WI 53704
Pet Friendly
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  • Utilities Included
  • Low Income

Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

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Prism
Built in 20201 to 2 Bedroom Apartments

Prism

2838 Dryden DrMadison, WI 53704
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Enso Apartments
Built in 2018Studio Apartments

Enso Apartments

715 Rethke AveMadison, WI 53714
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The Andre Apartments
Built in 20231 to 3 Bedroom Apartments

The Andre Apartments

2350 Winnebago StMadison, WI 53704
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PARK LOFTS
Built in 2026Studio to 2 Bedroom Apartments

PARK LOFTS

1202 S Park StMadison, WI 53715
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Yugo Madison Lux
Built in 20161 to 2 Bedroom Apartments

Yugo Madison Lux

433 W Johnson StMadison, WI 53703
Student Housing
  • Utilities Included

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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Kestrel Apartments
$1,185 - $2,300

Total Monthly Price

Base Rent$1,185 - $2,300
Total Monthly Price$1,185 - $2,300
Built in 2019Studio to 2 Bedroom Apartments Available Now

Kestrel Apartments

6818 University AveMiddleton, WI 53562
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The Wildwood at Main
Rent Specials
$1,301 - $2,100

Total Monthly Price

Base Rent$1,301 - $2,100
Total Monthly Price$1,301 - $2,100
Built in 20232 to 3 Bedroom Apartments Available Now

The Wildwood at Main

150 Schneider RdSun Prairie, WI 53590
Cost Per Sq.Ft.
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First Apartment Regrets: Real Renters Share What They'd Do Differently

Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

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Showing Results 1-50, Page 1 of 2

Madison, WI Local Guide

Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

Discover the best student housing neighborhoods for renting in Madison, Wisconsin! This guide covers apartments near the University of Wisconsin-Madison, Edgewood University, Herzing University, and Madison Area Technical College, detailing locations like Regent, Shorewood Hills, Dudgeon-Monroe, and more for your perfect college home.

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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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Madison, WI Rentals by Map

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See the most popular apartments and homes in Madison, WI

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Frequently Asked Questions about New Madison Apartments

What is the Cheapest New apartment in Madison?

Currently the most affordable New Apartment in Madison is at The Oscar Family Apartments listed at $567.

How much is the average rent for a New Madison Apartment?

The average rent for a New Apartment in Madison is $2,014.

What is the largest New Madison Apartment for rent?

Today's New apartment with the most square footage in Madison is a 2,695 square feet unit starting from $2,650 at Reverie Rental Homes.

What is the average size for Madison New Apartments for rent?

The average size for a New rental in Madison is currently at 660 sq ft.

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

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Finding Your Place in Madison: Neighborhoods Close to the City's 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.

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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.

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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.

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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

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.