
New Apartments for Rent in Madison, WI Under $1,500 (181 Rentals)


3722 Speedway Rd

Oliv Madison

The Sofia

The Marling

Vicinato

The Manchester on Midvale

Wrenfield at Pleasant View

Asana Apartments

Cornerstone
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.

Watermark Lofts

The Duncan

West End @ University Park

PELOTON RESIDENCES, LLC - Phase 1

The 85 at Maple Grove

Quarter Row at the Yards

Metro View Apartments

Tuscany on Pleasant View

Bassett Walk

Eastpark Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Axton

601 @ University Park

The Meadowlands

Fair Oaks

Elevate Apartments

Reserve at High Point

Ella

2500 Rimrock Lofts

Whitney Point

Starkweather Place
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.

The Hudson

Fairhaven Court Apartments

RI Apartments

Pinney Lane

Tailor Place

The Summit Residences

Infinity

Grand Park

The Marquee

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

The Derby

Autumn Lake Apartments

apollo 502

Nexus at Union Corners

Veritas Village

22 Slate

NoVo

Carbon at Union Corners

Royster Commons Apartment Homes

PACKTENN
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 | $1,467 | $775 | $3,945 |
| Madison 1 Bedroom Apartments | $1,722 | $641 | $6,745 |
| Madison 2 Bedroom Apartments | $2,124 | $750 | $5,805 |
| Madison 3 Bedroom Apartments | $2,485 | $675 | $6,450 |
| Madison 4 Bedroom Apartments | $2,514 | $650 | $6,700 |
| Madison 5 Bedroom Apartments | $2,278 | $1,199 | $8,150 |
Explore Madison

Madison, WI Local Guide
- Madison Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
Pet Friendly LifestyleMadison, WI
Ranked #1
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 New Madison Apartments
What is the Cheapest New apartment in Madison?
Currently the most affordable New Apartment in Madison is at Rise-Madison listed at $639.
How much is the average rent for a New Madison Apartment?
The average rent for a New Apartment in Madison is $2,043.
What is the largest New Madison Apartment for rent?
Today's New apartment with the most square footage in Madison is a 2,518 square feet unit starting from $1,395 at The Edison.
What is the average size for Madison New Apartments for rent?
The average size for a New rental in Madison is currently at 654 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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!