Cheap Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $400 (256 Rentals) Page 2 of 6

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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510 W Main St
$1,300 - $1,975
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,975

Total Monthly Price
$1,300 - $1,975
1 to 2 Bedroom Apartment Available Now

510 W Main St

510 W Main StMadison, WI 53703
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419 State St
$1,350 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,400

Total Monthly Price
$1,350 - $1,400
1 to 2 Bedroom Apartment Available Now

419 State St

419 State StMadison, WI 53703
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109 E Gorham St
$1,425 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $1,995

Total Monthly Price
$1,425 - $1,995
1 to 3 Bedroom Apartment Available Aug 15, 2027

109 E Gorham St

109 E Gorham StMadison, WI 53703
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Lincoln School
$1,425 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,450

Total Monthly Price
$1,425 - $2,450
1 Bedroom Apartments Contact Us For Availability

Lincoln School

720 E Gorham StMadison, WI 53703
Transit Friendly
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property at 929 S Brooks St

$1,295 - $1,425

1 Bedroom Rentals

Available Jul 1

929 S Brooks St

MadisonWI53715
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SEVEN27 at the Yards
$1,435 - $3,705
Total Monthly Price

Total Monthly Price

Base Rent
$1,435 - $3,705

Total Monthly Price
$1,435 - $3,705
Studio to 2 Bedroom Apartments Available Now

SEVEN27 at the Yards

727 Lorillard CtMadison, WI 53703
Active Lifestyle
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  • Utilities Included
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The Sofia
$1,440 - $2,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,440 - $2,390

Total Monthly Price
$1,440 - $2,390
Studio to 2 Bedroom Apartments Available Now

The Sofia

1252 S Park StMadison, WI 53715
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The Constellation
$1,449 - $3,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $3,199

Total Monthly Price
$1,449 - $3,199
Studio to 3 Bedroom Apartments Available Now

The Constellation

10 N Livingston StMadison, WI 53703
Transit Friendly
  • Verified
  • Utilities Included
  • Low Income
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Asana Apartments
$1,470 - $2,005
Total Monthly Price

Total Monthly Price

Base Rent
$1,470 - $2,005

Total Monthly Price
$1,470 - $2,005
Studio to 1 Bedroom Apartments Available Jul 1

Asana Apartments

2081 Atwood AveMadison, WI 53704
Pet Friendly
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  • Utilities Included
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City Place
$1,485 - $2,270
Total Monthly Price

Total Monthly Price

Base Rent
$1,485 - $2,270

Total Monthly Price
$1,485 - $2,270
1 to 2 Bedroom Apartments Available Jun 2

City Place

430 W Main StMadison, WI 53703
Transit Friendly
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  • Utilities Included
  • Smoke Free

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 $1,079.

What is the price of a cheap apartment in Downtown Madison?

The cheapest apartment in Downtown Madison is 421 W Gilman St which is listed at $990, while the average apartment in Downtown Madison costs $4,930.

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 344 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 $894 which is $4,036 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.

Articles, How-To's, and Tips

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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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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.