
Cheap Apartments for Rent in the Capitol Neighborhood of Madison, WI from $400 (200 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Capitol area of Madison.


Total Monthly Price
532 W Wilson St, Unit 2

410 N Butler St

Quisling Terrace

932 Emerald St

Total Monthly Price
Bassett Walk

Total Monthly Price
Washington Court Apartments

Mendota on Mansion Hill

301 S Livingston St

309 N Pinckney 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.

440-444 State St

22 N Franklin St

Total Monthly Price
427 State St

The Breese

Total Monthly Price
Irwin

Cardinal Apartments

Total Monthly Price
Lincoln School

402 W Dayton St, Unit 307

402 W Dayton St, Unit 309

402 W Dayton St, Unit 311
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.

427-431 W Doty

Veritas Village, LLC

The Bankston Apartments

Total Monthly Price
415 Wisconsin Ave

Bakers Place

Total Monthly Price
City Place

Total Monthly Price
Quarter Row at the Yards

Total Monthly Price
433 State St, Unit 1

Total Monthly Price
821 Jenifer St, Unit 2

Total Monthly Price
1027 Drake St, Unit #2
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.

McBride Point

Total Monthly Price
Tobacco Lofts at the Yards

402 W Dayton St, Unit 314

Mendota Lakeshore Apartments

Vicinato

Total Monthly Price
SEVEN27 at the Yards

402 W Dayton St, Unit 304

402 W Dayton St, Unit 306

Hamilton Pointe

Total Monthly Price
16 N Broom St, Unit 2
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.

Butler Plaza

VANILLA 301 SPE LLC

Diplomat Apartments

The Ideal

Domain

Total Monthly Price
The Edge

Sheelin Apartments

215-217 N Blair St

1309 Spring St

Total Monthly Price
Vicino Apartments
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.
Capitol, Madison, WI Local Guide

How much does it cost to rent an apartment in Capitol?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capitol Studio Apartments | $1,625 | $750 | $2,601 |
| Capitol 1 Bedroom Apartments | $2,092 | $803 | $3,750 |
| Capitol 2 Bedroom Apartments | $2,741 | $895 | $6,625 |
| Capitol 3 Bedroom Apartments | $3,139 | $965 | $10,000+ |
| Capitol 4 Bedroom Apartments | $1,841 | $938 | $6,700 |
| Capitol 5 Bedroom Apartments | $2,134 | $941 | $7,250 |
Browse Apartments in this Neighborhood
There are currently 200 rentals with your search options within a 1 mile radius of the Capitol Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
Frequently Asked Questions about Cheap Capitol Apartments
What is a cheap apartment in Capitol?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Capitol is under $1,049.
What is the price of a cheap apartment in Capitol?
The cheapest apartment in Capitol is The Shield which is listed at $842, while the average apartment in Capitol costs $4,050.
What types of apartments are the cheapest in Capitol?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 151 regular apartments in Capitol that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Capitol?
Cheap apartments in Capitol have an average cost of $724 which is $3,326 cheaper than the average rent for all rentals in Capitol.
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

Finding Your Place in Madison: Neighborhoods Close to the Citys Biggest Jobs
Written by: Mike Heuer
Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.

An Insider's 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.

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.

The Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.

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.