Cheap Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $400 (258 Rentals) Page 3 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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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
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The Duncan
Rent Specials
$1,510 - $4,944
Total Monthly Price

Total Monthly Price

Base Rent
$1,510 - $4,944

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Duncan

1625 Lock LnMadison, WI 53703
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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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SEVEN27 at the Yards
$1,530 - $3,765
Total Monthly Price

Total Monthly Price

Base Rent
$1,530 - $3,765

Total Monthly Price
$1,530 - $3,765
Studio to 2 Bedroom Apartments Available Now

SEVEN27 at the Yards

727 Lorillard CtMadison, WI 53703
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The Edge
$1,575 - $3,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,575 - $3,720

Total Monthly Price
$1,575 - $3,720
Studio to 3 Bedroom Apartments Available Now

The Edge

309 S Blount StMadison, WI 53703
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Factory District
$1,580 - $3,335
Total Monthly Price

Total Monthly Price

Base Rent
$1,580 - $3,335

Total Monthly Price
$1,580 - $3,335
1 to 3 Bedroom Apartments Available Aug 1

Factory District

1222 E Washington AveMadison, WI 53703
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The Penny
Rent Specials
$1,585 - $3,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,585 - $3,500

Total Monthly Price
$1,585 - $3,500
Studio to 3 Bedroom Apartments Available Mar 1, 2027

The Penny

320 S Brearly StMadison, WI 53703
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Vicino Apartments
Rent Specials
$1,590 - $2,229
Total Monthly Price

Total Monthly Price

Base Rent
$1,590 - $2,229

Total Monthly Price
$1,590 - $2,229
Studio to 2 Bedroom Apartments Available Now

Vicino Apartments

1235 Regent StMadison, WI 53715
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Aventine
$1,595 - $2,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $2,850

Total Monthly Price
$1,595 - $2,850
Studio to 2 Bedroom Apartments Available Now

Aventine

1958 Atwood AveMadison, WI 53704
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2018 Madison St, Unit 3
$1,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595
2 Bedroom Apartment Available Aug 15

2018 Madison St, Unit 3

2018 Madison StMadison, WI 53711
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1201 E Mifflin St, Unit 2
$1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600
2 Bedroom Apartment Available Aug 15

1201 E Mifflin St, Unit 2

1201 E Mifflin StMadison, WI 53703
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Bellevue Apartments
1 Bedroom Apartments

Bellevue Apartments

29 E Wilson StMadison, WI 53703
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Laketowne Apartments
Studio to 1 Bedroom Apartments

Laketowne Apartments

622 Howard PlMadison, WI 53703
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529 N Pinckney St
Studio to 1 Bedroom Apartments

529 N Pinckney St

529 N Pinckney StMadison, WI 53703
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The Ambassador
Studio to 1 Bedroom Apartments

The Ambassador

522 N Pinckney StMadison, WI 53703
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Grand Victorian
Studio to 2 Bedroom Apartments

Grand Victorian

134 W Gorham StMadison, WI 53703
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15 N Hancock
Studio to 5 Bedroom Apartments

15 N Hancock

15 N Hancock StMadison, WI 53703
  • Utilities Included
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Doty Street Apartments
Studio to 1 Bedroom Apartments

Doty Street Apartments

525 W Doty StMadison, WI 53703
  • Utilities Included

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 $1,070.

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 126 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 $719 which is $3,331 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

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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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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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

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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.