Apartments for Rent in Madison, WI Under $1,500 (776 Rentals)

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The Depot
$1,500 - $2,600
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$1,500 - $2,600
Total Monthly Price
$1,500 - $2,600
Studio to 2 Bedroom Apartments Available Now

The Depot

18-26 S Bedford StMadison, WI 53703
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Watts Hill Apartments
$1,500 - $2,350
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$1,500 - $2,350
Total Monthly Price
$1,500 - $2,350
Studio to 3 Bedroom Apartments Available Now

Watts Hill Apartments

489 Commerce DrMadison, WI 53719
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305 N Midvale Blvd
$1,500
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Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500
2 Bedroom Apartment Available Jul 1

305 N Midvale Blvd

305 N Midvale BlvdMadison, WI 53705
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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.

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Heathercrest Apartments
Rent Specials
$1,495 - $1,620
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Base Rent
$1,495 - $1,620
Total Monthly Price
$1,495 - $1,620
2 Bedroom Apartments Available Now

Heathercrest Apartments

7401-7413 Old Sauk RdMadison, WI 53717
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Whitney Point
$1,495 - $2,495
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Total Monthly Price

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$1,495 - $2,495
Total Monthly Price
$1,495 - $2,495
Studio to 2 Bedroom Apartments Available Jun 1

Whitney Point

5414 Mineral Point RdMadison, WI 53705
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The Philben
$1,495 - $2,480
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Base Rent
$1,495 - $2,480
Total Monthly Price
$1,495 - $2,480
Studio to 2 Bedroom Apartments Available Now

The Philben

6223 University AveMadison, WI 53705
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The Fitzgerald
$1,495 - $3,640
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Base Rent
$1,495 - $3,640
Total Monthly Price
$1,495 - $3,640
Studio to 2 Bedroom Apartments Available Now

The Fitzgerald

3914 Monona DrMadison, WI 53716
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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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City Place
$1,485 - $2,270
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Total Monthly Price

Base Rent
$1,485 - $2,270
Total Monthly Price
$1,485 - $2,270
1 to 2 Bedroom Apartments Available Jul 2

City Place

430 W Main StMadison, WI 53703
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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.

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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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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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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!

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Frequently Asked Questions about Madison

How much are Studio apartments in Madison?

There are currently 547 Studio Apartments in Madison with rent ranges from $475 to $2,885 with an average price of $1,478.

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 $525 to $3,750 with an average monthly rent of $1,710.

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 $7,406. Today's average rental price for Two Bedrooms here is $2,109.

How expensive are Madison Three Bedroom Apartments?

There are currently 446 Three Bedroom Apartments listings available in Madison on ApartmentHomeLiving.com. The pricing ranges from $866 to $14,130 - averaging $2,539 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

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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.

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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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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.