Cheap Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $400 (154 Rentals) Page 3 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown Madison area of Madison.
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 | $1,770 | $775 | $2,420 |
Downtown Madison 1 Bedroom Apartments | $2,092 | $750 | $3,400 |
Downtown Madison 2 Bedroom Apartments | $2,725 | $750 | $6,385 |
Downtown Madison 3 Bedroom Apartments | $2,744 | $1,170 | $6,445 |
Downtown Madison 4 Bedroom Apartments | $1,667 | $750 | $5,750 |
Downtown Madison 5 Bedroom Apartments | $1,786 | $799 | $7,277 |
Downtown Madison 6 Bedroom Apartments | $7,995 | $7,995 | $7,995 |
Browse Apartments in this Neighborhood
There are currently 154 rentals with your search options within a 2 mile radius of the Downtown Madison Neighborhood of Madison, WI.
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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 $990.
What is the price of a cheap apartment in Downtown Madison?
The cheapest apartment in Downtown Madison is Gargano Properties which is listed at $750, while the average apartment in Downtown Madison costs $7,995.
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 198 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 $2,046 which is $5,949 cheaper than the average rent for all rentals in Downtown Madison.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.