
Cheap Studio Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $850 (107 Rentals) Page 3 of 3


Equinox Apartments

10 S Paterson St

Varsity Campus Apartments

The Eastern

315 N Pinckney St

Grand Central
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 | $1,625 | $850 | $3,030 |
| Downtown Madison 1 Bedroom Apartments | $2,058 | $1,020 | $4,290 |
| Downtown Madison 2 Bedroom Apartments | $2,598 | $855 | $4,845 |
| Downtown Madison 3 Bedroom Apartments | $2,763 | $675 | $6,450 |
| Downtown Madison 4 Bedroom Apartments | $2,451 | $675 | $6,700 |
| Downtown Madison 5 Bedroom Apartments | $2,251 | $1,199 | $8,150 |
| Downtown Madison 6 Bedroom Apartments | $4,465 | $4,465 | $4,465 |
Explore 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 $1,060.
What is the price of a cheap apartment in Downtown Madison?
The cheapest apartment in Downtown Madison is 106 S Hancock St which is listed at $890, while the average apartment in Downtown Madison costs $9,500.
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 191 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 $969 which is $8,531 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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.