Cheap Homes for Rent in Bay Creek Neighborhood of Madison, WI from $700 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Bay Creek area of Madison.

property at 125 E Gorham St

$1,050 - $1,095

Studio Rentals

Available Aug 15

125 E Gorham St

MadisonWI53703

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.

property at 137 E Gorham St

$1,150 - $1,395

Studio Rentals

Available Aug 15

137 E Gorham St

MadisonWI53703
property at 213 S Broom St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Condo for Rent

Available Now

213 S Broom St, Unit 3, Unit 3

213 S Broom St
MadisonWI53703

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

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 ListingModel NameBed/BathPriced From
Parkview ApartmentsEfficiency (725)Studio,1BA$600
The Heights1 BED 1 BA - Income Restricted 30%1BR,1BA$641
Humbucker Apartments4x2-12254BR,2BA$799
Oakridge ApartmentsStudioStudio,1BA$800
1301 Spring StStudio Sublet 5/1-8/13Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
813 Williamson St, Unit #1813 Williamson St3BR,1BA$1.40
Pres House ApartmentsBedroom (Shared)4BR,2BA$1.37
Brookstone Townhomes2x1.5 Large2BR,1.5BA$1.52
Park Cedar ApartmentsTwo Bedroom, One Bath2BR,1BA$1.47
229 Lakelawn *Student Housing*4 Bedroom 26-27 School Year / Room4BR,3BA$1.18
1917 Pike Dr, Unit 11917 Pike Dr2BR,1BA$1.33
Collegiate Campus Apartments3 Bedroom 2 Bath Lake Views (7th/8th Floor)3BR,2BA$0.74
ReNew at the GreensMickelson2BR,2BA$1.52
402 W Wilson StreetThe Williamson2BR,2BA$1.49
930 S Brooks St, Unit 3930 S Brooks St2BR,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.

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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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Pet Friendly Lifestyle
Bay Creek, Madison, WI

Ranked #5

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.