
Cheap Homes for Rent in Capitol Neighborhood of Madison, WI from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Capitol area of Madison.


125 E Gorham St

121 E Gorham St
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.

129 E Gorham St

1205 Chandler St, Unit 1205 1b 1bath

133 E Gorham St

123 E Gorham St
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.

137 E Gorham St
Capitol, Madison, WI Local Guide

How much does it cost to rent a home in Capitol?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capitol 2 Bedroom Homes for Rent | $2,303 | $1,780 | $2,845 |
| Capitol 3 Bedroom Homes for Rent | $2,742 | $2,095 | $3,795 |
| Capitol 4 Bedroom Homes for Rent | $3,633 | $2,970 | $4,180 |
| Capitol 5 Bedroom Homes for Rent | $3,199 | $2,150 | $4,249 |
| Capitol 6 Bedroom Homes for Rent | $6,949 | $6,949 | $6,949 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Capitol Neighborhood of Madison, WI.
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Capitol, Madison, WI Local Guide
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Cheapest Available Capitol Apartments for Rent
 The cheapest available apartment rental in the Capitol area of Madison, WI is a Studio unit found at 106 S Hancock St priced from $890. 632 Howard Place has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Capitol apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 106 S Hancock St | Studio | Studio,1BA | $890 |
| 632 Howard Place | 632 Howard Place - 304 | Studio,1BA | $895 |
| Capital Park Apartments | Efficiency | Studio,1BA | $999 |
Best Value Apartments for Rent in Capitol, WI
As of December 12, 2025 the best value apartment in the Capitol 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 Capitol apartment is the 110 S Blair St Model at 110 S Blair St, Unit 2 starting at $1,820 with a $1.35 price per square foot in the The Isthmus neighborhood. Here is today’s list of the best values for Capitol 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 |
| 110 S Blair St, Unit 2 | 110 S Blair St | 3BR,1BA | $1.35 |
| 514 E Johnson St, Unit 2 | 514 E Johnson St | 1BR,1BA | $1.00 |
| 520 E Johnson St, Unit 1 | 520 E Johnson St | 2BR,1BA | $1.28 |
| Pres House Apartments | Bedroom (Shared) | 4BR,2BA | $1.37 |
| 22 N Hancock St | Two-Bedroom | 2BR,1BA | $1.53 |
| Collegiate Campus Student Apartments | Apartments Available Now | 4BR,2BA | $0.68 |
| 229 Lakelawn *Student Housing* | 4 Bedroom 26-27 School Year / Room | 4BR,3BA | $1.18 |
| 345 W Doty St, Unit 2 | 345 W Doty St | 2BR,1BA | $0.78 |
| 1116 E Dayton St, Unit #2 | 1116 E Dayton St | 2BR,1BA | $1.57 |
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.
Read ArticleThe 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.
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 LifestyleCapitol, Madison, WI
Ranked #9
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Capitol
What type of rentals are currently available in Capitol?
There are currently 507 Apartments for Rent in Capitol, WI with pricing that ranges from $750 to $9,500. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capitol ranging from $1,095 to $6,949.
What is the current price range for Rental Homes in Capitol?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Capitol ranges from $1,095 to $6,949 with an average monthly rent of $3,136.
How much are larger Three and Four Bedroom Rentals in Capitol?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Capitol range from $1,119 to $6,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $3,795. Four Bedroom Single-Family rentals are also available starting from $2,970 and Four Bedroom Apartments start at $1,099.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
