
Cheap 1 Bedroom Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $795 (162 Rentals)


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1706 Jefferson St

The Shield

218 S Bassett St

126-128 S Franklin St

Total Monthly Price
421 Washburn Pl, Unit 1

Park Terrace West

509 N Lake St

Gargano Properties

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613 State St, Unit 1
Finding Your Place in Madison: Neighborhoods Close to the City’s Biggest Jobs
Finding the right Madison apartment near work is easy. Browse our guide to the best neighborhoods for professionals, from State-Langdon to Bay Creek.

111 S Bassett St, Unit 202

518 W Main St

Humbucker Apartments

University Bay

Inez Apartments

Campus Square Apartments

Casa Blanca

The Heights

402 W Wilson Street
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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427 State St

The Badger Den Apartments on Gilman

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1149 E Dayton St, Unit 3

454 W Dayton St

Rivers Edge Apartments

Parkview Apartments

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1237 E Johnson St, Unit 1237

1034 Jenifer St

Capitol Centre Court Apartments

402 W Dayton St, Unit 107
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

402 W Dayton St

Allen House Apartments

410 N Butler St

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612 Howard Plz

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433 State St, Unit 1

932 Emerald St

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109 E Gorham St

2 Langdon St

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615 Pine St, Unit 2

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Washington Court Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

514 E Johnson St

1030 Jenifer St

202-204 N Pinckney St

301 S Livingston St

309 N Pinckney St

440-444 State St

22 N Franklin St

Quisling Terrace

Arbor Crossing

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Bassett Walk
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,624 | $782 | $2,601 |
Downtown Madison 1 Bedroom Apartments | $2,053 | $795 | $3,750 |
| Downtown Madison 2 Bedroom Apartments | $2,706 | $825 | $6,770 |
| Downtown Madison 3 Bedroom Apartments | $2,985 | $1,000 | $10,000+ |
| Downtown Madison 4 Bedroom Apartments | $1,864 | $865 | $6,700 |
| Downtown Madison 5 Bedroom Apartments | $2,648 | $941 | $7,250 |
Browse Apartments in this Neighborhood
There are currently 162 rentals with your search options within a 2 mile radius of the Downtown Madison Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
Downtown Madison, Madison, WI Local Guide
- Nearby Madison neighborhoods
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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.
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 the Cheapest Studio apartment in Downtown Madison?
Currently the most affordable Cheap Studio Apartment in Downtown Madison is at The Post listed at $759.
How much is rent for a Cheap One Bedroom Downtown Madison Apartment?
The lowest price for a Cheap One Bedroom Downtown Madison Apartment is $759 at The Post.
What is the lowest price for a Cheap Two Bedroom Downtown Madison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Madison is starting from $759 at The Post.
What is the most affordable Downtown Madison Three Bedroom Apartment?
The best deal on a cheap Downtown Madison Three Bedroom Apartment rental is at The Post and starts from $759.
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

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.
