Cheap Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $400 (258 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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612 Howard Plz
$1,200 - $1,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,795
Total Monthly Price
$1,200 - $1,795
Studio to 2 Bedroom Apartment Available Aug 15

612 Howard Plz

612 Howard PlzMadison, WI 53703
Affordability
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property at 1259 Spaight St

$1,200 - $1,300

Studio To 1 Bedroom Rentals

Available Now

1259 Spaight St

MadisonWI53703

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.

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1237 E Johnson St, Unit 1237
$1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295
1 Bedroom Apartment Available Aug 15

1237 E Johnson St, Unit 1237

1237 E Johnson StMadison, WI 53703
Cost Per Sq.Ft.
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Bassett Walk
$1,300 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,600
Total Monthly Price
$1,300 - $1,600
Studio to 1 Bedroom Apartments Available Aug 16

Bassett Walk

506 W Main StMadison, WI 53703
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

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Washington Court Apartments
Rent Specials
$1,350 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,800
Total Monthly Price
$1,350 - $1,800
1 Bedroom Apartments Contact Us For Availability

Washington Court Apartments

536 W Washington AveMadison, WI 53703
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Irwin
Rent Specials
$1,420 - $3,380
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $3,380
Total Monthly Price
$1,420 - $3,380
Studio to 2 Bedroom Apartments Available Now

Irwin

838 Williamson StMadison, WI 53703
Pet Friendly
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  • 3D Tour
  • Smoke Free
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Lincoln School
$1,425 - $2,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,525
Total Monthly Price
$1,425 - $2,525
1 Bedroom Apartments Available Now

Lincoln School

720 E Gorham StMadison, WI 53703
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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City Place
$1,470 - $2,270
Total Monthly Price

Total Monthly Price

Base Rent
$1,470 - $2,270
Total Monthly Price
$1,470 - $2,270
1 to 2 Bedroom Apartments Available Aug 19

City Place

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

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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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 $1,050.

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 $4,050.

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 164 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 $715 which is $3,335 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

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Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

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The Expert's Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison

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Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.

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

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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.