Cheap Apartments for Rent in the Cherokee Park Neighborhood of Madison, WI from $900 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cherokee Park area of Madison.

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.

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2406 Calypso Rd
2 to 3 Bedroom Apartments

2406 Calypso Rd

2406 Calypso RdMadison, WI 53704
  • Utilities Included
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2502 Brentwood Pkwy
1 to 3 Bedroom Apartments

2502 Brentwood Pkwy

2502 Brentwood PkyMadison, WI 53704
  • Utilities Included

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.

Cherokee Park, Madison, WI Local Guide

Cheapest Available Cherokee Park Apartments for Rent

 

The cheapest available apartment rental in the Cherokee Park area of Madison, WI is a 1 Bed unit found at Elka Lane Apartments priced from $1,100. Freedom Park Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here are the most affordable Cherokee Park apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Elka Lane Apartments1BR/1BA1BR,1BA$1,100
Freedom Park Apartments1721 - 2 Bed / 1 Bath2BR,1BA$1,100
PMM + MS Communities Located Near Warner Park1 Bed 2505 Monterey1BR,1BA$1,150
The ParkYellow BirchStudio,1BA$1,300
Residences at DeForest YardsStudio, 1 BathroomStudio,1BA$1,350

Best Value Apartments for Rent in Cherokee Park, WI

As of May 27, 2026 the best value apartment in the Cherokee Park area is the $1.10 price per square foot 1721 - 2 Bed / 1 Bath Model at Freedom Park Apartments in the in the Carpenter-Ridgeway neighborhood starting from $1,100. The second greatest value Cherokee Park apartment is the 2414 Brentwood Pky Model at 2414 Brentwood Pky, Unit #A starting at $1,095 with a $1.28 price per square foot in the Carpenter-Ridgeway neighborhood. Here is today’s list of the best values for Cherokee Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Freedom Park Apartments1721 - 2 Bed / 1 Bath2BR,1BA$1.10
2414 Brentwood Pky, Unit #A2414 Brentwood Pky2BR,1BA$1.28
3737 E Karstens Dr, Unit #43737 E Karstens Dr2BR,1BA$1.59
Woodland Commons MadisonStyle I6 - Loft1BR,1.5BA$1.73
PMM + MS Communities Located Near Warner Park1401 Trailsway2BR,1BA$2.30
Elka Lane Apartments1BR/1BA1BR,1BA$1.64
Residences at DeForest YardsStudio, 1 BathroomStudio ,1BA$2.17
The ParkYellow BirchStudio ,1BA$2.28

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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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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Pet Friendly Lifestyle
Cherokee Park, Madison, WI

Ranked #69

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Cherokee Park Apartments

What is the Cheapest Studio apartment in Cherokee Park?

Currently the most affordable Cheap Studio Apartment in Cherokee Park is at The Park listed at $1,300.

How much is rent for a Cheap One Bedroom Cherokee Park Apartment?

The lowest price for a Cheap One Bedroom Cherokee Park Apartment is $1,100 at Elka Lane Apartments.

What is the lowest price for a Cheap Two Bedroom Cherokee Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cherokee Park is starting from $1,100 at Freedom Park Apartments.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.