
Cheap Homes for Rent in Bay Creek Neighborhood of Madison, WI from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Bay Creek area of Madison.


454 W Dayton St

454 W Dayton St

114 W Gilman St, Unit 11

114 W Gilman St, Unit 7

114 W Gilman St, Unit 14

125 E Gorham St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

121 E Gorham St

402 W Dayton St, Unit 106

513 S Brooks St

930 Emerald St

2241 Luann Ln, Unit Unit 1

137 E Gorham St

213 S Broom St, Unit 3, Unit 3
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Bay Creek, Madison, WI Local Guide

How much does it cost to rent a home in Bay Creek?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bay Creek 2 Bedroom Homes for Rent | $2,724 | $1,800 | $3,300 |
| Bay Creek 3 Bedroom Homes for Rent | $2,040 | $1,880 | $2,195 |
| Bay Creek 4 Bedroom Homes for Rent | $3,124 | $2,525 | $3,749 |
| Bay Creek 5 Bedroom Homes for Rent | $2,722 | $2,150 | $3,295 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Bay Creek Neighborhood of Madison, WI.
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Bay Creek, Madison, WI Local Guide
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Cheapest Available Bay Creek Apartments for Rent
 The cheapest available apartment rental in the Bay Creek area of Madison, WI is a Studio unit found at Parkview Apartments priced from $600. The Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $641. Here are the most affordable Bay Creek apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkview Apartments | Efficiency (725) | Studio,1BA | $600 |
| The Heights | 1 BED 1 BA - Income Restricted 30% | 1BR,1BA | $641 |
| Humbucker Apartments | 4x2-1225 | 4BR,2BA | $799 |
| Oakridge Apartments | Studio | Studio,1BA | $800 |
| 1301 Spring St | Studio Sublet 5/1-8/13 | Studio,1BA | $845 |
Best Value Apartments for Rent in Bay Creek, WI
As of April 13, 2026 the best value apartment in the Bay Creek area is the $1.40 price per square foot 813 Williamson St Model at 813 Williamson St, Unit #1 in the in the The Isthmus neighborhood starting from $2,100. The second greatest value Bay Creek apartment is the Bedroom (Shared) Model at Pres House Apartments starting at $1,700 with a $1.37 price per square foot in the Downtown Madison neighborhood. Here is today’s list of the best values for Bay Creek apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 813 Williamson St, Unit #1 | 813 Williamson St | 3BR,1BA | $1.40 |
| Pres House Apartments | Bedroom (Shared) | 4BR,2BA | $1.37 |
| Brookstone Townhomes | 2x1.5 Large | 2BR,1.5BA | $1.52 |
| Park Cedar Apartments | Two Bedroom, One Bath | 2BR,1BA | $1.47 |
| 229 Lakelawn *Student Housing* | 4 Bedroom 26-27 School Year / Room | 4BR,3BA | $1.18 |
| 1917 Pike Dr, Unit 1 | 1917 Pike Dr | 2BR,1BA | $1.33 |
| Collegiate Campus Apartments | 3 Bedroom 2 Bath Lake Views (7th/8th Floor) | 3BR,2BA | $0.74 |
| ReNew at the Greens | Mickelson | 2BR,2BA | $1.52 |
| 402 W Wilson Street | The Williamson | 2BR,2BA | $1.49 |
| 930 S Brooks St, Unit 3 | 930 S Brooks St | 2BR,1BA | $0.91 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleLakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI
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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 LifestyleBay Creek, Madison, WI
Ranked #5
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Bay Creek
What type of rentals are currently available in Bay Creek?
There are currently 697 Apartments for Rent in Bay Creek, WI with pricing that ranges from $600 to $14,130. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bay Creek ranging from $795 to $3,749.
What is the current price range for Rental Homes in Bay Creek?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Bay Creek ranges from $795 to $3,749 with an average monthly rent of $2,241.
How much are larger Three and Four Bedroom Rentals in Bay Creek?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Bay Creek range from $675 to $14,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,880 to $2,195. Four Bedroom Single-Family rentals are also available starting from $2,525 and Four Bedroom Apartments start at $650.
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.

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.

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.

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.