Cheap Apartments for Rent in the East Madison Neighborhood of Madison, WI from $400 (425 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Madison area of Madison.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

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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.

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East Madison, Madison, WI Local Guide

Cheapest Available East Madison Apartments for Rent

 

The cheapest available apartment rental in the East Madison area of Madison, WI is a 1 Bed unit found at Rise-Madison priced from $639. Eagle Harbor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $686. Here are the most affordable East Madison apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Rise-Madison1 Bed / 1 Bath1BR,1BA$639
Eagle Harbor2 Bedroom 1 Bathroom2BR,1BA$686
Broadway Lofts and Townhomes2x22BR,2BA$784
Oakridge ApartmentsStudioStudio,1BA$800
106 S Hancock StStudioStudio,1BA$890
Nature Valley ApartmentsStudioStudio,1BA$895
632 Howard Place632 Howard Place - 304Studio,1BA$895
PMM + MS2314 Brentwood2BR,1BA$900
The Point on WashingtonStandard StudioStudio,1BA$949
Lake Point TerraceReef1BR,1BA$957

Best Value Apartments for Rent in East Madison, WI

As of December 29, 2025 the best value apartment in the East Madison area is the $0.96 price per square foot 9 Obrien Ct Model at 9 Obrien Ct, Unit 09 O’Brien in the in the East Side neighborhood starting from $2,295. The second greatest value East Madison apartment is the 2B/1.5bath Model at Glendale Townhomes starting at $1,785 with a $1.19 price per square foot in the Pflaum Road neighborhood. Here is today’s list of the best values for East Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
9 Obrien Ct, Unit 09 O’Brien9 Obrien Ct4BR,1.5BA$0.96
Glendale Townhomes2B/1.5bath2BR,2BA$1.19
514 E Johnson St, Unit 2514 E Johnson St1BR,1BA$1.00
229 Lakelawn *Student Housing*4 Bedroom 26-27 School Year / Room4BR,3BA$1.18
Collegiate Campus Apartments3 Bedroom 2 Bath Lake Views (7th/8th Floor)3BR,2BA$0.74
Colonial Apartments1 Br1BR,1BA$1.18
1026 W Badger Rd, Unit # 21026 W Badger Rd2BR,1BA$1.01
Varsity Campus Apartments4-Bedroom, 2-Bath4BR,2BA$1.21
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1.16
The Life at Madison Grove2 BED 1 BATH2BR,1BA$1.18

Don'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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Pet Friendly Lifestyle
East Madison, Madison, WI

Ranked #2

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
East Madison, Madison, WI

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Madison. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap East Madison Apartments

What is a cheap apartment in East Madison?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Madison is under $957.

What is the price of a cheap apartment in East Madison?

The cheapest apartment in East Madison is Rise-Madison which is listed at $639, while the average apartment in East Madison costs $9,500.

What types of apartments are the cheapest in East 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 250 regular apartments in East 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 East Madison?

Cheap apartments in East Madison have an average cost of $878 which is $8,622 cheaper than the average rent for all rentals in East 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

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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.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.