5 Bedroom Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI (35 Rentals)

Theory Madison

Waterfront Apartments

505 N Carroll St

Towers on State

Total Monthly Price
Chapter at Madison

111 E Gorham St

Park Regent Apartments
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Pres House Apartments

Campus Corner

539 W Wilson St

115 E Gorham St

Isthmus Apartmenst

621 Frances St

418 N Paterson St

1125 Saint James Ct
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

404-410 W Washington Ave

210 Lakelawn Pl

625 on Langdon

Randall Station

Laurel Commons

613 Maggie Frances

Hub on Campus Madison

8 N Broom St
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.

619 Langdon St

Vantage Point

104 E Dayton St

Four Seasons

15 N Hancock

Lumen House

Ambassador West

Grand Central
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.

The Lake House

Campus Area Houses (MH Rentals)

X01
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 |
Browse Apartments in this Neighborhood
There are currently 35 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
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Largest Available Downtown Madison 5 Bedroom Apartments
The largest available 5 Bedroom apartment unit in the Downtown Madison area of Madison, WI is found at 505 N Carroll St and is listed at 1,500 square feet priced from $5,650. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 505 N Carroll St | 5 Bedroom 4 Bath | 1,500 Sq Ft | $5,650 |
| Chapter at Madison | 5BR/4BA - E3 | 1,379 Sq Ft | $941 |
| Axton | 5BR/5BA - The Five A Balcony | 325 Sq Ft | $1,430 |
Cheapest Available Downtown Madison 5 Bedroom Apartments
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Axton | 5BR/5BA - The Five C ADA | $1,405 |
| 505 N Carroll St | 5 Bedroom 4 Bath | $5,650 |
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 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 Downtown Madison
How much are Studio apartments in Downtown Madison?
There are currently 422 Studio Apartments in Downtown Madison with rent ranges from $715 to $2,601 with an average price of $1,611.
What is the current price range for One Bedroom Downtown Madison Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Madison ranges from $803 to $5,250 with an average monthly rent of $2,036.
What does renting a Two Bedroom Apartment in Downtown Madison cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Madison range from $895 to $6,450. Today's average rental price for Two Bedrooms here is $2,751.
How expensive are Downtown Madison Three Bedroom Apartments?
There are currently 288 Three Bedroom Apartments listings available in Downtown Madison on ApartmentHomeLiving.com. The pricing ranges from $1,087 to $14,130 - averaging $3,103 for the location.
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.
