Apartments for Rent in the First Settlement Neighborhood of Madison, WI (508 Rentals)

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The Penny
Rent Specials
$1,585 - $3,500
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$1,585 - $3,500
Total Monthly Price
$1,585 - $3,500
Studio to 3 Bedroom Apartments Available Mar 1, 2027

The Penny

320 S Brearly StMadison, WI 53703
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Virtue
Rent Specials
$1,895 - $2,895
Total Monthly Price

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Base Rent
$1,895 - $2,895
Total Monthly Price
$1,895 - $2,895
1 to 2 Bedroom Apartments Available Now

Virtue

531 West Washington AvenueMadison, WI 53703
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Irwin
Rent Specials
$1,420 - $3,380
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $3,380
Total Monthly Price
$1,420 - $3,380
Studio to 2 Bedroom Apartments Available Now

Irwin

838 Williamson StMadison, WI 53703
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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.

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ONE 09
Rent Specials
$1,725 - $14,130
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$1,725 - $14,130
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Studio to 3 Bedroom Apartments Available Now

ONE 09

109 E Wilson StMadison, WI 53703
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Avenir Apartments
Rent Specials
$1,730 - $3,590
Total Monthly Price

Total Monthly Price

Base Rent
$1,730 - $3,590
Total Monthly Price
$1,730 - $3,590
1 to 2 Bedroom Apartments Available Aug 1

Avenir Apartments

510 W Washington AveMadison, WI 53703
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The Edge
$1,575 - $3,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,575 - $3,720
Total Monthly Price
$1,575 - $3,720
Studio to 3 Bedroom Apartments Available Now

The Edge

309 S Blount StMadison, WI 53703
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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The Pressman
$3,455 - $4,075
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Total Monthly Price

Base Rent
$3,455 - $4,075
Total Monthly Price
$3,455 - $4,075
2 Bedroom Apartments Available Now

The Pressman

117 South Hamilton StMadison, WI 53703
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Constellation
$1,199 - $2,999
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$1,199 - $2,999
Total Monthly Price
$1,199 - $2,999
Studio to 3 Bedroom Apartments Available Now

Constellation

10 N Livingston StMadison, WI 53703
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SEVEN27 at the Yards
$1,530 - $3,765
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$1,530 - $3,765
Total Monthly Price
$1,530 - $3,765
Studio to 2 Bedroom Apartments Available Now

SEVEN27 at the Yards

727 Lorillard CtMadison, WI 53703
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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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Washington Court Apartments
Rent Specials
$1,350 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,800
Total Monthly Price
$1,350 - $1,800
1 Bedroom Apartments Contact Us For Availability

Washington Court Apartments

536 W Washington AveMadison, WI 53703
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Factory District
$1,580 - $3,335
Total Monthly Price

Total Monthly Price

Base Rent
$1,580 - $3,335
Total Monthly Price
$1,580 - $3,335
1 to 3 Bedroom Apartments Available Aug 1

Factory District

1222 E Washington AveMadison, WI 53703
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640 West
$1,810 - $1,895
Total Monthly Price

Total Monthly Price

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$1,810 - $1,895
Total Monthly Price
$1,810 - $1,895
1 Bedroom Apartments Available Now

640 West

640 W Wilson StMadison, WI 53703
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Neighborhood & Market Insights: How to Choose the Right Area to Rent

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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Showing Results 1-50, Page 1 of 11

First Settlement, Madison, WI Local Guide

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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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.

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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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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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Lifestyle Ratings

Our team of engineers and researchers is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States including First Settlement, Madison, and the greater Madison area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, pet-friendly features, apartment communities for the kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Family-Friendly Rating

When renting for a family with children, location matters. Amongst all of the submarkets in Madison, First Settlement has established a name for itself as one of the best-regarded communities for families, with a score of 4.0 out of 4. Family Friendly submarkets have features that support parents and kids in having fun and being healthy together. This includes features like parks, pet amenities, playgrounds, trails and recreation, and access to highly-rated education and schools.

Outdoors Rating

Do you like parks, paths, and trails? this section of town is now ranked as providing favorable access to the outdoors, with a score of 4.0 out of 4.

Luxury Living Rating

This area of town has now become known as amongst the finest upscale submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, on-site concierge services, park views, easy access to green space, and kitchen details like granite and high-end fixtures. Other luxury items often include wood-burning fireplaces, access to sports facilities like golf, raquetball, and tennis, and a full-time security staff or doorman.

Pet Friendly Rating

Does your family raise dogs or cats? this area is one of the finest neighborhoods for renters with pets, with a score of 4.0 out of 4.

Frequently Asked Questions about First Settlement

What is the current pricing and availability for apartments for rent in the First Settlement area of Madison, WI?

As of today, July 30, 2026, there are currently 508 available First Settlement apartments priced from $803 to $14,130, with an average monthly rent of $2,245.

How much are Studio apartments in First Settlement?

There are currently 185 Studio Apartments in First Settlement with rent ranges from $920 to $2,601 with an average price of $1,676.

What is the current price range for One Bedroom First Settlement Apartments for rent?

Today's rental pricing for One Bedroom Apartments in First Settlement ranges from $803 to $3,750 with an average monthly rent of $2,138.

What does renting a Two Bedroom Apartment in First Settlement cost?

The monthly rent prices of Two Bedroom Apartments currently available in First Settlement range from $825 to $6,735. Today's average rental price for Two Bedrooms here is $2,826.

How expensive are First Settlement Three Bedroom Apartments?

There are currently 117 Three Bedroom Apartments listings available in First Settlement on ApartmentHomeLiving.com. The pricing ranges from $1,000 to $14,130 - averaging $3,147 for the location.

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

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Finding Your Place in Madison: Neighborhoods Close to the Citys Biggest Jobs

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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.

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An Insider's Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin

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Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.

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Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

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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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The Expert's Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison

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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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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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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.