Cheap Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $400 (281 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.

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223 S Mills St, Unit 1N
$1,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,199
Total Monthly Price
$1,199
Studio Apartment Available Aug 3

223 S Mills St, Unit 1N

223 S Mills StMadison, WI 53715
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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.

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1149 E Dayton St, Unit 3
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200
1 Bedroom Apartment Available Sep 1

1149 E Dayton St, Unit 3

1149 E Dayton StMadison, WI 53703
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612 Howard Plz
$1,200 - $2,095
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $2,095
Total Monthly Price
$1,200 - $2,095
Studio to 2 Bedroom Apartment Available Aug 15

612 Howard Plz

612 Howard PlzMadison, WI 53703
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452 W Doty St, Unit #1
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250
1 Bedroom Apartment Available Aug 15

452 W Doty St, Unit #1

452 W Doty StMadison, WI 53703
Affordability

Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

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532 W Wilson St, Unit 2
$1,270
Total Monthly Price

Total Monthly Price

Base Rent
$1,270
Total Monthly Price
$1,270
1 Bedroom Apartment Available Aug 15

532 W Wilson St, Unit 2

532 W Wilson StMadison, WI 53703
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2111 E. Dayton St., Unit 1
$1,285
Total Monthly Price

Total Monthly Price

Base Rent
$1,285
Total Monthly Price
$1,285
1 Bedroom Apartment Available Sep 1

2111 E. Dayton St., Unit 1

2111 E. Dayton St.Madison, WI 53704
Affordability
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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315 N Franklin St, Unit #2
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300
1 Bedroom Apartment Available Aug 15

315 N Franklin St, Unit #2

315 N Franklin StMadison, WI 53703
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1135 Williamson St, Unit 1
$1,320
Total Monthly Price

Total Monthly Price

Base Rent
$1,320
Total Monthly Price
$1,320
1 Bedroom Apartment Available Now

1135 Williamson St, Unit 1

1135 Williamson StMadison, WI 53703
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Showing Results 51-100, Page 2 of 6

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 $1,065.

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 $5,850.

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 125 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 $763 which is $5,087 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

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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.

decorative image for An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin article

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.

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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.