
Cheap Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $400 (258 Rentals) Page 3 of 6
Search the lowest-cost Apartments available for rent right now in the Downtown Madison area of Madison.


Total Monthly Price
Quarter Row at the Yards

Total Monthly Price
302 State St, Unit #1

Total Monthly Price
821 Jenifer St, Unit 2

Baldwin Corners Apartments

Total Monthly Price
The Duncan

McBride Point

Park Central

Total Monthly Price
Tobacco Lofts at the Yards

Mendota Lakeshore Apartments
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.

Total Monthly Price
SEVEN27 at the Yards

Vicinato

402 W Dayton St, Unit 306

402 W Dayton St, Unit 304

Hamilton Pointe

Peloton Residences, LLC - Phase 1

722 W Olin Ave

Total Monthly Price
16 N Broom St, Unit 2

Butler Plaza

The Eastern

The Ideal

Diplomat Apartments

Sheelin Apartments

Domain

Park Place Apartments

Total Monthly Price
The Edge

Total Monthly Price
Factory District

215-217 N Blair St

402 W Dayton St, Unit 314

Total Monthly Price
The Penny

1309 Spring St

Total Monthly Price
Vicino Apartments

Arden

Park Cedar Apartments

Total Monthly Price
Aventine

2213 Van Hise Ave

922 High St, Unit High Street

Total Monthly Price
2018 Madison St, Unit 3

700 East Apartments

833 Midland St

Lyric

Total Monthly Price
1201 E Mifflin St, Unit 2

Total Monthly Price
2069 Winnebago St, Unit 2069 A

Bellevue Apartments

Laketowne Apartments

529 N Pinckney St

The Ambassador

Grand Victorian

15 N Hancock

Doty Street Apartments
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 | $1,623 | $782 | $2,601 |
| Downtown Madison 1 Bedroom Apartments | $2,048 | $795 | $3,750 |
| Downtown Madison 2 Bedroom Apartments | $2,707 | $825 | $6,735 |
| Downtown Madison 3 Bedroom Apartments | $3,004 | $1,000 | $10,000+ |
| Downtown Madison 4 Bedroom Apartments | $1,857 | $865 | $6,700 |
| Downtown Madison 5 Bedroom Apartments | $2,648 | $941 | $7,250 |
Browse Apartments in this Neighborhood
There are currently 258 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 $1,070.
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

Finding Your Place in Madison: Neighborhoods Close to the Citys Biggest Jobs
Written by: Mike Heuer
Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.

An Insider's 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.

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.

The Expert's 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.
Articles, How-To's, and Tips

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

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.