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Cheap Homes for Rent in Downtown Madison Neighborhood of Madison, WI from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Madison area of Madison.
1975 E Washington Ave
MadisonWI53704
312 S Ingersoll St
MadisonWI53703
934 High St
MadisonWI53715
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
1149 Williamson St
MadisonWI53703
28 Sherman Ter, Unit 1
28 Sherman Ter
MadisonWI53704
115 Lakewood Gardens Ln
MadisonWI53704
309 W Washington Ave
MadisonWI53703
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Showing Results 1-8, Page 1 of 1
Downtown Madison, Madison, WI Local Guide
How much does it cost to rent a home in Downtown Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Madison 2 Bedroom Homes for Rent | $2,138 | $1,495 | $3,200 |
| Downtown Madison 3 Bedroom Homes for Rent | $2,507 | $2,195 | $2,995 |
| Downtown Madison 4 Bedroom Homes for Rent | $3,108 | $2,775 | $3,700 |
| Downtown Madison 5 Bedroom Homes for Rent | $3,340 | $3,100 | $3,610 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Madison Neighborhood of Madison, WI.
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Downtown Madison, Madison, WI Local Guide
- Nearby Madison neighborhoods
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Cheapest Available Downtown Madison Apartments for Rent
The cheapest available apartment rental in the Downtown Madison area of Madison, WI is a 4 Beds unit found at Pres House Apartments priced from $750. Capital Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Downtown Madison apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pres House Apartments | Bedroom A,B,C,D (Individual) | 4BR,2BA | $750 |
| Capital Park Apartments | Efficiency | Studio,1BA | $999 |
| Gargano Properties | one | 1BR,1BA | $1,020 |
Best Value Apartments for Rent in Downtown Madison, WI
As of August 13, 2025 the best value apartment in the Downtown Madison area is the $1.83 price per square foot 3 BED 2 BA Model at The Heights in the in the Downtown Madison neighborhood starting from $2,500. The second greatest value Downtown Madison apartment is the 2 Bedroom 1 Bathroom Model at Nichols Station Apartments starting at $2,375 with a $1.83 price per square foot in the The Isthmus neighborhood. Here is today’s list of the best values for Downtown Madison apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Heights | 3 BED 2 BA | 3BR,2BA | $1.83 |
| Nichols Station Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.83 |
| 8Twenty Park | 2 Bedroom, Market Rate | 2BR,2BA | $1.66 |
| 2045 E Washington Ave, Unit 1 | 2045 E Washington Ave | 2BR,2BA | $1.71 |
| Pres House Apartments | Bedroom A,B,C,D (Individual) | 4BR,2BA | $0.64 |
| Park Cedar Apartments | Two Bedroom, One Bath | 2BR,1BA | $1.47 |
| Yahara Landing Apartments | Oak | 2BR,2BA | $1.73 |
| 1042 Erin St, Unit 1 | 1042 Erin St | 1BR,1BA | $1.30 |
| Sheelin Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.80 |
| 22 N Hancock St | One-Bedroom | 1BR,1BA | $1.74 |
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Frequently Asked Questions about Downtown Madison
What type of rentals are currently available in Downtown Madison?
There are currently 597 Apartments for Rent in Downtown Madison, WI with pricing that ranges from $699 to $7,277. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Madison ranging from $1,200 to $3,700.
What is the current price range for Rental Homes in Downtown Madison?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Madison ranges from $1,200 to $3,700 with an average monthly rent of $2,371.
How much are larger Three and Four Bedroom Rentals in Downtown Madison?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Madison range from $742 to $6,445, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $2,995. Four Bedroom Single-Family rentals are also available starting from $2,775 and Four Bedroom Apartments start at $750.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.