
Cheap 1 Bedroom Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $803 (179 Rentals)


The Shield

218 S Bassett St

8Twenty Park

126-128 S Franklin St

437 W Main St, Unit 203

Total Monthly Price
304 N Carroll St, Unit #4

Total Monthly Price
1049 Spaight St, Unit Apartment 3

Washington Plaza

Gargano Properties
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

509 N Lake St

518 W Main St

111 S Bassett St, Unit 202

833 Midland St

Total Monthly Price
2045 E Washington Ave, Unit 3

502 E Main St

Allen House Apartments

402 W Wilson Street

1610 Gilson St

Total Monthly Price
423 W Doty St
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Park Terrace West

219 E Mifflin St

Morgan House

Total Monthly Price
1149 E Dayton St, Unit 3

Rivers Edge Apartments

134 E Johnson

Parkview Apartments

414 State St

Capitol Centre Court Apartments

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452 W Doty St, Unit #1
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.

402 W Dayton St, Unit 102

402 W Dayton St, Unit 103

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532 W Wilson St, Unit 2

Total Monthly Price
2111 E. Dayton St., Unit 1

University Bay

Diplomat Apartments

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433 State St

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636 State St

932 Emerald St

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315 N Franklin St, Unit #2
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.

2 Langdon St

Williamson Place

Total Monthly Price
1135 Williamson St, Unit 1

The Badger Den Apartments on Gilman

Jenifer Place

Total Monthly Price
612 Howard Plz

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Washington Court Apartments

Total Monthly Price
2143 University Ave, Unit #1

202-204 N Pinckney St

301 S Livingston St
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.
Downtown Madison, Madison, WI Local Guide

How much does it cost to rent an apartment in Downtown Madison?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Madison Studio Apartments | $1,611 | $715 | $2,601 |
Downtown Madison 1 Bedroom Apartments | $2,036 | $803 | $5,250 |
| Downtown Madison 2 Bedroom Apartments | $2,751 | $895 | $6,450 |
| Downtown Madison 3 Bedroom Apartments | $3,103 | $1,087 | $10,000+ |
| Downtown Madison 4 Bedroom Apartments | $2,113 | $938 | $6,700 |
| Downtown Madison 5 Bedroom Apartments | $2,568 | $941 | $7,250 |
Explore Madison
Downtown Madison, Madison, WI Local Guide
- Nearby Madison neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read ArticleDon'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 ArticleReal 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.
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 LifestyleDowntown Madison, Madison, WI
Ranked #6
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Madison Apartments
What is a cheap apartment in Downtown Madison?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Madison is under $1,070.
What is the price of a cheap apartment in Downtown Madison?
The cheapest apartment in Downtown Madison is The Post which is listed at $759, while the average apartment in Downtown Madison costs $4,250.
What types of apartments are the cheapest in Downtown Madison?
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 121 regular apartments in Downtown Madison 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 Downtown Madison?
Cheap apartments in Downtown Madison have an average cost of $739 which is $3,511 cheaper than the average rent for all rentals in Downtown Madison.
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

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.

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.

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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.