Cheap Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $400 (267 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.

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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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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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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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 Available Now

Lincoln School

720 E Gorham StMadison, WI 53703
Transit Friendly
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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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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
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The Sofia
$1,440 - $2,460
Total Monthly Price

Total Monthly Price

Base Rent
$1,440 - $2,460
Total Monthly Price
$1,440 - $2,460
Studio to 2 Bedroom Apartments Available May 1

The Sofia

1252 S Park StMadison, WI 53715
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415 Wisconsin Ave
Rent Specials
$1,450 - $1,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $1,525
Total Monthly Price
$1,450 - $1,525
1 Bedroom Apartments Available Aug 1

415 Wisconsin Ave

415 Wisconsin AveMadison, 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 Bayshore which is listed at $1,095, 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 311 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 $877 which is $4,973 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

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.