
Cheap 2 Bedroom Apartments for Rent in the First Settlement Neighborhood of Madison, WI from $825 (69 Rentals)


Varsity Campus Apartments

Valor on Washington

Inez Apartments

Total Monthly Price
419 State St, Unit 4

The Breese

Total Monthly Price
302 State St, Unit #1

Mendota Lakeshore Apartments

Total Monthly Price
16 N Broom St, Unit 2

Diplomat Apartments
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.

215-217 N Blair St

Waterfront Apartments

427-431 W Doty

Total Monthly Price
1201 E Mifflin St, Unit 2

Cardinal Apartments

Total Monthly Price
612 Howard Plz

22 N Hancock St

632 Howard Place

NoVo

Parkview Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Madison Mark

410 N Butler St

734 Williamson St

1135 E Gorham St

Total Monthly Price
822 E Dayton St, Unit 1

215 E Mifflin St

403 E Johnson St, Unit 403 East Johnson

402 W Wilson Street

Gargano Properties

Total Monthly Price
221 N Livingston St, Unit #3
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

524 E Main St

2 Langdon St

152 E Gorham St

Roundhouse Apartments

Total Monthly Price
City Place

1015 E Gorham St

Capitol Centre Court Apartments

Total Monthly Price
Constellation

104 Langdon St

504 W Main St
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.

1129 Elizabeth St

Norris Court

118 W Johnson St

143-145 W Gilman St

614 Langdon St

445 W Johnson St

Capitol Centre

543 W Wilson St

133 N Hancock St

Grand Victorian
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.
First Settlement, Madison, WI Local Guide

How much does it cost to rent an apartment in First Settlement?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| First Settlement Studio Apartments | $1,674 | $920 | $2,601 |
| First Settlement 1 Bedroom Apartments | $2,150 | $803 | $3,750 |
First Settlement 2 Bedroom Apartments | $2,834 | $825 | $6,720 |
| First Settlement 3 Bedroom Apartments | $3,147 | $1,000 | $10,000+ |
| First Settlement 4 Bedroom Apartments | $1,777 | $865 | $6,700 |
| First Settlement 5 Bedroom Apartments | $3,589 | $1,199 | $7,250 |
Browse Apartments in this Neighborhood
There are currently 69 rentals with your search options within a 1 mile radius of the First Settlement Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
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 $1,195.
What is the price of a cheap apartment in First Settlement?
The cheapest apartment in First Settlement is The Breese which is listed at $1,415, while the average apartment in First Settlement costs $4,050.
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 71 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 $1,080 which is $2,970 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

Finding Your Place in Madison: Neighborhoods Close to the Citys Biggest Jobs
Written by: Mike Heuer
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.

An Insider's 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.

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.

The Expert's 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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

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.

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.