
Cheap Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $400 (280 Rentals) Page 3 of 6
Search the lowest-cost Apartments available for rent right now in the Downtown Madison area of Madison.


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902 S Brooks St, Unit 3

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450 W Doty St, Unit #4

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1110 Fish Hatchery Rd, Unit #2

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Irwin

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Quarter Row at the Yards

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Lincoln School

Stadium Lofts

418 S Orchard St

1319 Rutledge St

402 W Dayton St, Unit 309

929 S Brooks St

402 W Dayton St, Unit 311

402 W Dayton St, Unit 307

2001-2003 University Ave

427-431 W Doty

NoVo

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SEVEN27 at the Yards

Veritas Village, LLC

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The Sofia

The Bankston Apartments

1626 Winnebago St

2632 Stevens St

913 High St

Briarwood Apartments

Bakers Place

Park Central

Butler Plaza

Wingra Point

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City Place

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1406 Drake St, Unit #3

Oak Tree Apartments

Wingra West Apartments

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822 E Dayton St, Unit 2

Bedford Crossing

Baldwin Corners Apartments

The Marling

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The Duncan

McBride Point

Mendota Lakeshore Apartments

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Tobacco Lofts at the Yards

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Galaxie High Rise Apartments

The Eastern

402 W Dayton St, Unit 304

402 W Dayton St, Unit 306

402 W Dayton St, Unit 310

402 W Dayton St, Unit 302

Hamilton Pointe

Peloton Residences, LLC - Phase 1

Vicinato
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 | $1,604 | $715 | $2,601 |
| Downtown Madison 1 Bedroom Apartments | $2,033 | $803 | $5,250 |
| Downtown Madison 2 Bedroom Apartments | $2,746 | $950 | $6,450 |
| Downtown Madison 3 Bedroom Apartments | $3,127 | $1,087 | $10,000+ |
| Downtown Madison 4 Bedroom Apartments | $2,208 | $938 | $6,700 |
| Downtown Madison 5 Bedroom Apartments | $2,568 | $941 | $7,250 |
Browse Apartments in this Neighborhood
There are currently 280 rentals with your search options within a 2 mile radius of the Downtown Madison Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
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

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.