
Apartments for Rent in Madison, WI Under $1,500 (792 Rentals)


Bedford Crossing

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Watts Hill Apartments

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401 Palomino Ln, Unit 1N

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1027 Drake St, Unit #2

Carling Dr Apartment Homes

Watermark Lofts

City Center Junction Apartments

Oliv Madison

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The Fitzgerald
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Madison Apartments

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Heathercrest Apartments

Harbour Town

Prairie Ridge

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The Philben

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1406 Drake St, Unit #3

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Waterfall

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City Place

The 85 at Maple Grove

apollo 502
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Wingra Point

Butler Plaza

Hawks Ridge

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209 Kedzie St, Unit Apartment #2

Bakers Place

Park Central

The Marling

Midtown Terrace

Tuscany on Pleasant View

Briarwood 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.

Stonewood Village

Woodland Commons Madison

The Grove Apartments

Madison Estates

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415 Wisconsin Ave

The Royal

Hatchery Haven

Overlook at Midtown

Starkweather Place

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

3401 Dawes St

Door Creek Apartments

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The Sofia

Veritas Village, LLC

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SEVEN27 at the Yards

Royster Commons Apartment Homes

The Urbana

427-431 W Doty

The Tuxedo Apartments

Stadium Lofts
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.
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 Under $1500 | $1,489 | $715 | $2,601 |
| Madison 1 Bedroom Apartments Under $1500 | $1,693 | $590 | $5,255 |
| Madison 2 Bedroom Apartments Under $1500 | $2,112 | $763 | $6,472 |
| Madison 3 Bedroom Apartments Under $1500 | $2,506 | $866 | $10,000+ |
| Madison 4 Bedroom Apartments Under $1500 | $1,875 | $938 | $6,700 |
| Madison 5 Bedroom Apartments | $2,296 | $941 | $7,250 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison

Madison, WI Local Guide
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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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, WI Rentals by Map
See the most popular apartments and homes in Madison, WI
Frequently Asked Questions about Madison
How much are Studio apartments in Madison?
There are currently 536 Studio Apartments in Madison with rent ranges from $715 to $2,601 with an average price of $1,489.
What is the current price range for One Bedroom Madison Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Madison ranges from $590 to $5,255 with an average monthly rent of $1,693.
What does renting a Two Bedroom Apartment in Madison cost?
The monthly rent prices of Two Bedroom Apartments currently available in Madison range from $763 to $6,472. Today's average rental price for Two Bedrooms here is $2,112.
How expensive are Madison Three Bedroom Apartments?
There are currently 442 Three Bedroom Apartments listings available in Madison on ApartmentHomeLiving.com. The pricing ranges from $866 to $14,130 - averaging $2,506 for the location.
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

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.