Cheap Apartments for Rent in the East Madison Neighborhood of Madison, WI from $400 (482 Rentals)

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

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The Post
$759 - $1,950
Total Monthly Price

Total Monthly Price

Base Rent
$759 - $1,950
Total Monthly Price
$759 - $1,950
Studio to 1 Bedroom Apartments Available Now

The Post

131 E Lakeside StMadison, WI 53715
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  • Utilities Included
  • 3D Tour
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Carbon
$771 - $1,943
Total Monthly Price

Total Monthly Price

Base Rent
$771 - $1,943
Total Monthly Price
$771 - $1,943
1 to 3 Bedroom Apartments Available Now

Carbon

2418 Winnebago StMadison, WI 53704
Pet Friendly
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  • Utilities Included
  • Low Income

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Freedom Park Apartments
Rent Specials
$925 - $1,250
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Base Rent
$925 - $1,250
Total Monthly Price
$925 - $1,250
1 to 2 Bedroom Apartments Available Now

Freedom Park Apartments

3802 Lien RdMadison, WI 53704
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  • Customer Reviewed
  • Utilities Included

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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21 Farwell St
$995 - $1,495
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,495
Total Monthly Price
$995 - $1,495
1 to 2 Bedroom Apartment Available Jul 1

21 Farwell St

21 Farwell StMadison, WI 53704
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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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636 State St
$1,000 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,300
Total Monthly Price
$1,000 - $1,300
Studio to 1 Bedroom Apartment Available Now

636 State St

636 State StMadison, WI 53703
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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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Coachlight Village
$1,025 - $1,519
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $1,519
Total Monthly Price
$1,025 - $1,519
1 to 2 Bedroom Apartments Available Jul 6

Coachlight Village

2609-2613 Pheasant Ridge TrlMadison, WI 53713
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Northshore Estates
$1,050 - $1,100
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Total Monthly Price

Base Rent
$1,050 - $1,100
Total Monthly Price
$1,050 - $1,100
1 Bedroom Apartments Available Aug 5

Northshore Estates

2801 Dryden DrMadison, WI 53704
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 Studio unit found at 45 N Orchard St priced from $750. The Post has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here are the most affordable East Madison apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
45 N Orchard St0x1-200Studio,1BA$750
The PostOne Bedroom1BR,1BA$759
The Conway at Huxley YardsOne Bedroom/One Bath "D"1BR,1BA$761
Rise-Madison2 Bed / 2 Bath2BR,2BA$784
632 Howard Place632 Howard Place - 303Studio,1BA$895
Lion's Gate at GrandviewEFF/StudioStudio,1BA$895
126-128 S Franklin St1 BR1BR,1BA$929
The Point on WashingtonStandard StudioStudio,1BA$949
Colonial ApartmentsStudioStudio,1BA$990
Madison Mayfair Apartments1 Bedroom1BR,1BA$999

Best Value Apartments for Rent in East Madison, WI

As of June 18, 2026 the best value apartment in the East Madison area is the $1.10 price per square foot 5910 Monona Dr Model at 5910 Monona Dr, Unit Monona Apt in the in the Pflaum Road neighborhood starting from $2,195. The second greatest value East Madison apartment is the 1049 Spaight St Model at 1049 Spaight St, Unit Apartment 3 starting at $1,000 with a $0.56 price per square foot in the The Isthmus 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.
5910 Monona Dr, Unit Monona Apt5910 Monona Dr2BR,2BA$1.10
1049 Spaight St, Unit Apartment 31049 Spaight St1BR,1BA$0.56
1301 Ruskin St, Unit 11301 Ruskin St2BR,1BA$1.13
Chapter at Madison4BR/3BA - D14BR,3BA$0.81
Northern BluffsSandstone3BR,1BA$1.29
Freedom Park Apartments1721 - 2 Bed / 1 Bath2BR,1BA$1.10
Varsity Campus Apartments4-Bedroom, 2-Bath4BR,2BA$1.18
5800 Bjelde Ln#81BR,1BA$1.29
The Life at Madison Grove2 BED 1 BATH2BR,1BA$1.18
The Conway at Huxley YardsOne Bedroom/One Bath "D"1BR,1BA$1.27

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.

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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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Real 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.

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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 $999.

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

The cheapest apartment in East Madison is The Post which is listed at $759, while the average apartment in East Madison costs $4,250.

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 585 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 $733 which is $3,517 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.

Helpful Local Expert Guides

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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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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.

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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.

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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.

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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.