
Cheap Studio Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $782 (103 Rentals)


454 W Dayton St

632 Howard Place

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Courtyard Apartments

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2078 Atwood Ave

Metropolitan Apartments

1301 Spring St

The Badger Den Apartments on Gilman

University Bay

Gargano Properties
Finding Your Place in Madison: Neighborhoods Close to the City’s Biggest Jobs
Finding the right Madison apartment near work is easy. Browse our guide to the best neighborhoods for professionals, from State-Langdon to Bay Creek.

130 N Hancock St

Mendota Lakeshore Apartments

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121 N Hancock St

502 E Main St

126-128 S Franklin St

The Bayshore

Greenspire Wilson Apartments

Second Street Apartments

City Row
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Tuscan Place

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137 E Gorham St

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542 W Doty St, Unit 1

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129 E Gorham St

109 E Gorham St

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109 E Gorham St

Parkview Apartments

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Constellation

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Bassett Walk

402 W Dayton St, Unit 111
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

Roundhouse Apartments

Quisling Terrace

1216 Williamson St

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Vicino Apartments

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Irwin

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The Duncan

Stadium Lofts

The Breese

The Marling

Bakers Place
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The Post

Park Central

Butler Plaza

Vicinato

Peloton Residences, LLC - Phase 1

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Tobacco Lofts at the Yards

The Ideal

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SEVEN27 at the Yards

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The Edge
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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 | $1,628 | $782 | $2,430 |
| Downtown Madison 1 Bedroom Apartments | $2,045 | $700 | $3,750 |
| Downtown Madison 2 Bedroom Apartments | $2,655 | $880 | $6,050 |
| Downtown Madison 3 Bedroom Apartments | $2,978 | $1,000 | $10,000+ |
| Downtown Madison 4 Bedroom Apartments | $2,406 | $799 | $6,700 |
| Downtown Madison 5 Bedroom Apartments | $2,834 | $941 | $8,151 |
Browse Apartments in this Neighborhood
There are currently 103 rentals with your search options within a 2 mile radius of the Downtown Madison Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
Downtown Madison, Madison, WI Local Guide
- Nearby Madison neighborhoods
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Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI
Discover the best student housing neighborhoods for renting in Madison, Wisconsin! This guide covers apartments near the University of Wisconsin-Madison, Edgewood University, Herzing University, and Madison Area Technical College, detailing locations like Regent, Shorewood Hills, Dudgeon-Monroe, and more for your perfect college home.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Madison, Madison, WI
Ranked #6
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $929.
What is the price of a cheap apartment in Downtown Madison?
The cheapest apartment in Downtown Madison is Courtyard Apartments which is listed at $895, while the average apartment in Downtown Madison costs $2,028.
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 185 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 $716 which is $1,312 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 City's 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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.

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.

