Top Rated Apartments for Rent in Madison, WI Under $1,500 (142 Rentals)

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Apartments in Madison with the best features, newest construction, and richest amenities.

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Heathercrest Apartments
Rent Specials
$1,495 - $1,605
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $1,605
Total Monthly Price
$1,495 - $1,605
2 Bedroom Apartments Available Now

Heathercrest Apartments

7401-7413 Old Sauk RdMadison, WI 53717
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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
Studio to 2 Bedroom Apartments Available Jul 1

Waterfall

8421 Mansion Hill AveMadison, WI 53719
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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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SEVEN27 at the Yards
$1,435 - $3,765
Total Monthly Price

Total Monthly Price

Base Rent
$1,435 - $3,765
Total Monthly Price
$1,435 - $3,765
Studio to 2 Bedroom Apartments Available Sep 11

SEVEN27 at the Yards

727 Lorillard CtMadison, WI 53703
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Mirabel Apartments
$1,405 - $1,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,405 - $1,925
Total Monthly Price
$1,405 - $1,925
1 to 2 Bedroom Apartments Contact Us For Availability

Mirabel Apartments

8001 Ritz DrMadison, WI 53719
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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
1 Bedroom Apartments Available Now

PACKTENN

2024 Tennyson LnMadison, WI 53704
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Nantucket Apartments
$1,375 - $1,915
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $1,915
Total Monthly Price
$1,375 - $1,915
Studio to 2 Bedroom Apartments Available Now

Nantucket Apartments

3141 Stratton WayMadison, WI 53719
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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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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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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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Prentice Park
$1,145 - $2,074
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $2,074
Total Monthly Price
$1,145 - $2,074
1 to 3 Bedroom Apartments Available Now

Prentice Park

803 N Thompson DrMadison, WI 53704
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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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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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Frequently Asked Questions about Madison

How much are Studio apartments in Madison?

There are currently 537 Studio Apartments in Madison with rent ranges from $612 to $2,601 with an average price of $2,727.

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

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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.