Cheap 1 Bedroom Apartments for Rent in the First Settlement Neighborhood of Madison, WI from $803 (129 Rentals)

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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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1149 E Dayton St, Unit 3
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
1 Bedroom Apartment Available Sep 1

1149 E Dayton St, Unit 3

1149 E Dayton StMadison, WI 53703
Affordability

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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452 W Doty St, Unit #1
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250
1 Bedroom Apartment Available Aug 15

452 W Doty St, Unit #1

452 W Doty StMadison, WI 53703
Affordability
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532 W Wilson St, Unit 2
$1,270
Total Monthly Price

Total Monthly Price

Base Rent
$1,270

Total Monthly Price
$1,270
1 Bedroom Apartment Available Aug 15

532 W Wilson St, Unit 2

532 W Wilson StMadison, WI 53703
Affordability
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636 State St
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,300

Total Monthly Price
$1,000 - $1,300
1 Bedroom Apartment Available Aug 15

636 State St

636 State StMadison, WI 53703
Affordability
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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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315 N Franklin St, Unit #2
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300
1 Bedroom Apartment Available Aug 15

315 N Franklin St, Unit #2

315 N Franklin StMadison, WI 53703
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1135 Williamson St, Unit 1
$1,320
Total Monthly Price

Total Monthly Price

Base Rent
$1,320

Total Monthly Price
$1,320
1 Bedroom Apartment Available Now

1135 Williamson St, Unit 1

1135 Williamson StMadison, WI 53703
Affordability
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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 Available Jun 17

Washington Court Apartments

536 W Washington AveMadison, WI 53703
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  • 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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Constellation
Rent Specials
$1,399 - $1,949
Total Monthly Price

Total Monthly Price

Base Rent
$1,119 - $3,199

Total Monthly Price
$1,119 - $3,199
1 Bedroom Apartments Available Now

Constellation

10 N Livingston StMadison, WI 53703
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Bassett Walk
$1,400 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $1,600

Total Monthly Price
$1,400 - $1,600
1 Bedroom Apartments Available Aug 1

Bassett Walk

506 W Main StMadison, WI 53703
Transit Friendly
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  • Utilities Included
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450 W Doty St, Unit #4
$1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400
1 Bedroom Apartment Available Aug 15

450 W Doty St, Unit #4

450 W Doty StMadison, WI 53703
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Lincoln School
$1,425 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,450

Total Monthly Price
$1,425 - $2,450
1 Bedroom Apartments Contact Us For Availability

Lincoln School

720 E Gorham StMadison, WI 53703
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

Frequently Asked Questions about Cheap First Settlement Apartments

What is a cheap apartment in First Settlement?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in First Settlement is under $1,129.

What is the price of a cheap apartment in First Settlement?

The cheapest apartment in First Settlement is 126-128 S Franklin St which is listed at $929, while the average apartment in First Settlement costs $5,850.

What types of apartments are the cheapest in First Settlement?

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 69 regular apartments in First Settlement 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 First Settlement?

Cheap apartments in First Settlement have an average cost of $788 which is $5,062 cheaper than the average rent for all rentals in First Settlement.

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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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.

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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.