New Apartments for Rent in Madison, WI Under $1,500 (172 Rentals)

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Oliv Madison
$1,499 - $2,465
Total Monthly Price

Total Monthly Price

Base Rent
$1,484 - $2,450
Required Monthly Fees
$15
Total Monthly Price
$1,499 - $2,465
Built in 2024Studio to 5 Bedroom Apartments Contact Us For Availability

Oliv Madison

339 W Gorham StMadison, WI 53703
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Emerson
Rent Specials
$1,495 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,470 - $1,725
Required Monthly Fees
$25
Total Monthly Price
$1,495 - $1,750
Built in 20211 Bedroom Apartments Available Now

The Emerson

1121 S Park StMadison, WI 53715
Corporate Housing
  • Verified
  • 3D Tour

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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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
  • Verified
  • Utilities Included
  • 3D Tour
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The Marquee
Rent Specials
$1,420 - $2,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $2,110
Required Monthly Fees
$90
Total Monthly Price
$1,420 - $2,200
Built in 2024Studio to 2 Bedroom Apartments Available Now

The Marquee

512 S Yellowstone DrMadison, WI 53719
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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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Ella
Rent Specials
$1,350 - $1,700Built in 20221 to 2 Bedroom Apartments Available Now

Ella

2860 E Washington AveMadison, WI 53704
Eco-Friendly
  • Verified
  • 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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The Derby
$1,301 - $2,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,236 - $1,985
Required Monthly Fees
$65
Total Monthly Price
$1,301 - $2,050
Built in 20241 to 3 Bedroom Apartments Available Now

The Derby

4685 Atticus WayMadison, WI 53711
Affordability
  • Verified
  • Low Income
  • 3D Tour
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Nexus at Union Corners
$1,299 - $2,980
Total Monthly Price

Total Monthly Price

Base Rent
$1,274 - $2,955
Required Monthly Fees
$25
Total Monthly Price
$1,299 - $2,980
Built in 2022Studio to 3 Bedroom Apartments Available Feb 2

Nexus at Union Corners

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

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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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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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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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.

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The 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.

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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.

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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 Eagle Harbor listed at $613.

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

The average rent for a New Apartment in Madison is $2,064.

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 $1,425 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 637 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

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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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.