New Apartments for Rent in Madison, WI Under $1,500 (178 Rentals)

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Watts Hill Apartments
$1,500 - $2,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,350
Total Monthly Price
$1,500 - $2,350
Built in 2018Studio to 3 Bedroom Apartments Available Now

Watts Hill Apartments

489 Commerce DrMadison, WI 53719
Pet Friendly
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  • Utilities Included
  • 3D Tour
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The Fitzgerald
$1,495 - $3,640
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $3,640
Total Monthly Price
$1,495 - $3,640
Built in 2023Studio to 2 Bedroom Apartments Available Now

The Fitzgerald

3914 Monona DrMadison, WI 53716
Corporate Housing
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  • Customer Reviewed
  • Utilities Included
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The Philben
$1,495 - $2,480
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $2,480
Total Monthly Price
$1,495 - $2,480
Built in 2020Studio to 2 Bedroom Apartments Available Now

The Philben

6223 University AveMadison, WI 53705
Family Friendly
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  • Utilities Included
  • 3D Tour
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Waterfall
Rent Specials
$1,490 - $2,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,490 - $2,390
Total Monthly Price
$1,490 - $2,390
Built in 2026Studio to 2 Bedroom Apartments Available Jul 1

Waterfall

8421 Mansion Hill AveMadison, WI 53719
Family Friendly
  • Verified
  • Customer Reviewed
  • Smoke Free

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Sofia
$1,440 - $2,460
Total Monthly Price

Total Monthly Price

Base Rent
$1,440 - $2,460
Total Monthly Price
$1,440 - $2,460
Built in 2022Studio to 2 Bedroom Apartments Available Now

The Sofia

1252 S Park StMadison, WI 53715
Transit Friendly
  • Verified
  • Utilities Included
  • Smoke Free

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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Quarter Row at the Yards
$1,420 - $3,335
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $3,335
Total Monthly Price
$1,420 - $3,335
Built in 2017Studio to 3 Bedroom Apartments Available Now

Quarter Row at the Yards

601 W Doty StMadison, WI 53703
Transit Friendly
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  • Utilities Included
  • 3D Tour
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Irwin
Rent Specials
$1,420 - $3,380
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $3,380
Total Monthly Price
$1,420 - $3,380
Built in 2025Studio to 2 Bedroom Apartments Available Now

Irwin

838 Williamson StMadison, WI 53703
Pet Friendly
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  • 3D Tour
  • Smoke Free
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PACKTENN
$1,395 - $1,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $1,475
Total Monthly Price
$1,395 - $1,475
Built in 20201 Bedroom Apartments Available Now

PACKTENN

2024 Tennyson LnMadison, WI 53704
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Ella
Rent Specials
$1,360 - $1,795Built in 20221 to 2 Bedroom Apartments Available Now

Ella

2860 E Washington AveMadison, WI 53704
Eco-Friendly
  • Verified
  • Utilities Included
  • Low Income
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Nexus at Union Corners
$1,350 - $3,005
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $3,005
Total Monthly Price
$1,350 - $3,005
Built in 2022Studio to 3 Bedroom Apartments Available Now

Nexus at Union Corners

2521 East Washington AveMadison, WI 53704
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Garver Point
Rent Specials
$1,300 - $2,640
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,640
Total Monthly Price
$1,300 - $2,640
Built in 2019Studio to 2 Bedroom Apartments Available Now

Garver Point

171 S Fair OaksMadison, WI 53704
Transit Friendly
  • Verified
  • Customer Reviewed
  • Smoke Free

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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Showing Results 1-50, Page 1 of 4

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 New Madison Apartments

What is the Cheapest New apartment in Madison?

Currently the most affordable New Apartment in Madison is at The Canyons listed at $641.

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

The average rent for a New Apartment in Madison is $2,046.

What is the largest New Madison Apartment for rent?

Today's New apartment with the most square footage in Madison is a 2,523 square feet unit starting from $1,725 at ONE 09.

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

The average size for a New rental in Madison is currently at 622 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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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

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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.

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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.

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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.

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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.