Cheap Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $400 (281 Rentals) Page 4 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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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
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour
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Factory District
Rent Specials
$1,580 - $3,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,580 - $3,450

Total Monthly Price
$1,580 - $3,450
1 to 3 Bedroom Apartments Available Jul 1

Factory District

1222 E Washington AveMadison, WI 53703
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour
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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
Eco-Friendly
  • Verified
  • Smoke Free
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The Depot
$1,600 - $2,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,775

Total Monthly Price
$1,600 - $2,775
Studio to 2 Bedroom Apartments Available Now

The Depot

18-26 S Bedford StMadison, WI 53703
Transit Friendly
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Bellevue Apartments
1 Bedroom Apartments

Bellevue Apartments

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

Laketowne Apartments

622 Howard PlMadison, WI 53703
  • Utilities Included
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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
  • Utilities Included
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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
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143-145 W Gilman St
1 to 4 Bedroom Apartments

143-145 W Gilman St

143-145 W Gilman StMadison, WI 53703
  • Utilities Included
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Blied Building
Studio to 4 Bedroom Apartments

Blied Building

141 W Gilman StMadison, WI 53703
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45 N Orchard St
Studio to 1 Bedroom Apartments

45 N Orchard St

45 N Orchard StMadison, WI 53715
  • Utilities Included
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227 Langdon St
1 to 3 Bedroom Apartments

227 Langdon St

227 Langdon StMadison, WI 53703
  • Utilities Included
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118 W Johnson St
1 to 4 Bedroom Apartments

118 W Johnson St

118 W Johnson StMadison, WI 53703
  • Utilities Included
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635 Howard Pl
Studio to 8 Bedroom Apartments

635 Howard Pl

635 Howard PlMadison, WI 53703
Student Housing
  • Utilities Included
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110 West
Studio to 6 Bedroom Apartments

110 West

110 W Johnson StMadison, WI 53703
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526 W Wilson St
Studio to 2 Bedroom Apartments

526 W Wilson St

526 W Wilson StMadison, WI 53703
  • Utilities Included
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521 W Doty St
Studio to 1 Bedroom Apartments

521 W Doty St

521 W Doty StMadison, WI 53703
  • Utilities Included
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358 E Lakeside St
1 to 2 Bedroom Apartments

358 E Lakeside St

358 E Lakeside StMadison, WI 53715
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Otto's House
Studio to 1 Bedroom Apartments

Otto's House

2554 Kendall AveMadison, WI 53705
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Surfside Apartments
Studio to 2 Bedroom Apartments

Surfside Apartments

630 Frances StMadison, WI 53703
  • Utilities Included
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699 Station
Studio to 3 Bedroom Apartments

699 Station

699 W Mifflin StMadison, WI 53703
  • Utilities Included
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105 1/2 State Street
1 Bedroom Apartments

105 1/2 State Street

105 1/2 State StMadison, WI 53703
  • Utilities Included
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Shenandoah Apartments
1 to 2 Bedroom Apartments

Shenandoah Apartments

1331 South StMadison, WI 53715
  • Utilities Included
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Randall Station
1 to 5 Bedroom Apartments

Randall Station

20 N Orchard StMadison, WI 53715
Student Housing
  • Utilities Included
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Norris Court
1 to 2 Bedroom Apartments

Norris Court

301 Norris CtMadison, WI 53703
  • Utilities Included
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The Lakeshore
1 Bedroom Apartments

The Lakeshore

122 E Gilman StMadison, WI 53703
Student Housing
  • Utilities Included
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Capitol Centre
1 to 2 Bedroom Apartments

Capitol Centre

333 W Dayton StMadison, WI 53703
Senior Living
  • Utilities Included
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619 Langdon St
1 to 5 Bedroom Apartments

619 Langdon St

619 Langdon StMadison, WI 53703
  • Utilities Included
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Renaissance
Studio to 3 Bedroom Apartments

Renaissance

510 W Main StMadison, WI 53703
  • Utilities Included
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1019 Milton St
1 Bedroom Apartments

1019 Milton St

1019 Milton StMadison, WI 53715
  • Utilities Included
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150 Langdon St
Studio to 2 Bedroom Apartments

150 Langdon St

150 Langdon StMadison, WI 53703
  • Utilities Included
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514 W Doty St
Studio to 1 Bedroom Apartments

514 W Doty St

514 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 $1,065.

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

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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.

decorative image for Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI article

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.

decorative image for An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin   article

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.