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Rent Specials
$650 - $4,2604 Bedroom Apartments Available Now
Collegiate Campus Student Apartments
515 N Lake StMadison, WI 53703
4 Bedroom Apartments for Rent in the First Settlement Neighborhood of Madison, WI (68 Rentals)
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$1,099 - $1,7594, 5 Bedroom Apartments Available Aug 14, 2026
Theory Madison
419 N Lake StMadison, WI 53715
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Rent Specials
$1,288 - $6,7004, 5 Bedroom Apartments Available Now
Waterfront
633 N Henry StMadison, WI 53703
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Rent Specials
$1,225 - $5,4504 Bedroom Apartments Available Aug 11, 2026
Palisade
535 W Johnson StMadison, WI 53703
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$1,275 - $4,9004, 5 Bedroom Apartments Available Now
Pres House Apartments
439 E Campus MallMadison, WI 53703
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$2,5954 Bedroom Apartment Available Aug 21, 2026
421 W Doty St, Unit #3
421 W Doty StMadison, WI 53703
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$3,9954 Bedroom Apartment Available Aug 15, 2026
141 E Gorham St, Unit 1
141 E Gorham StMadison, WI 53703
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$3,9494 Bedroom Apartment Available Aug 14, 2026
410 W Mifflin St, Unit 2
410 W Mifflin StMadison, WI 53703
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$3,7494 Bedroom Apartment Available Aug 14, 2026
120 N Franklin St, Unit 2
120 N Franklin StMadison, WI 53703
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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$2,4004 Bedroom Apartment Available Aug 15, 2026
118 S Blair St, Unit 1
118 S Blair StMadison, WI 53703
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$2,5004 Bedroom Apartment Available Aug 15, 2026
430 W Wilson St, Unit #1 lower
430 W Wilson StMadison, WI 53703
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$1,9304 Bedroom Apartment Available Aug 15, 2026
546 W Doty St, Unit #1
546 W Doty StMadison, WI 53703
1206 Jenifer St
MadisonWI53703
123-125 S Brittingham Pl
MadisonWI53715
225 N Blair St
MadisonWI53703
745 E Johnson St
MadisonWI53703
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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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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.
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 | $1,668 | $775 | $3,030 |
| First Settlement 1 Bedroom Apartments | $2,079 | $900 | $4,655 |
| First Settlement 2 Bedroom Apartments | $2,746 | $750 | $7,000 |
| First Settlement 3 Bedroom Apartments | $3,116 | $1,119 | $6,450 |
First Settlement 4 Bedroom Apartments | $2,611 | $1,099 | $6,700 |
| First Settlement 5 Bedroom Apartments | $2,872 | $1,280 | $8,150 |
Browse Apartments in this Neighborhood
There are currently 68 rentals with your search options within a 1 mile radius of the First Settlement Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
First Settlement, Madison, WI Local Guide
- Nearby Madison neighborhoods
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Largest Available First Settlement 4 Bedroom Apartments
The largest available 4 Bedroom apartment unit in the First Settlement area of Madison, WI is found at Axton and is listed at 1,417 square feet priced from $1,475. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Axton | 4BR/4BA - The Four B | 1,417 Sq Ft | $1,475 |
| Waterfront | Q | 1,389 Sq Ft | $1,650 |
| Pres House Apartments | Bedroom (Shared) | 1,200 Sq Ft | $1,700 |
Cheapest Available First Settlement 4 Bedroom Apartments
Currently the lowest priced 4 Bedroom apartment unit First Settlement of Madison, WI is the Bedroom A,B,C,D (Individual) Model starting from $1,275 at Pres House Apartments. The average price for all 4 Bedroom apartments in First Settlement is currently $2,611. Here is today’s list of the cheapest available 4 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Pres House Apartments | Bedroom A,B,C,D (Individual) | $1,275 |
| Waterfront | X | $1,288 |
| Axton | 4BR/4BA - The Four G | $1,425 |
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.
Read ArticleQuick 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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Do you know the First Settlement area?
If you’re an expert on all things First Settlement, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleFirst Settlement, Madison, WI
Ranked #15
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States and customized analysis for Madison, Wisconsin. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, places that make kids happy, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Family-Friendly Rating
Do you have little ones? Amongst all of the neighborhoods in Madison, this residential neighborhood is now ranked as one of the best-regarded submarkets 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. Family Friendly communities provide resources like parks, playgrounds, extra living spaces, features for pets, trails and recreation, and access to highly-rated education and schools.
Getting Around the First Settlement Neighborhood in Madison, WI
Walk Score®
95 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
94 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about First Settlement
How much are Studio apartments in First Settlement?
There are currently 192 Studio Apartments in First Settlement with rent ranges from $775 to $3,030 with an average price of $1,668.
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 $900 to $4,655 with an average monthly rent of $2,079.
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 $750 to $7,000. Today's average rental price for Two Bedrooms here is $2,746.
How expensive are First Settlement Three Bedroom Apartments?
There are currently 114 Three Bedroom Apartments listings available in First Settlement on ApartmentHomeLiving.com. The pricing ranges from $1,119 to $6,450 - averaging $3,116 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.
Articles, How-To's, and Tips
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.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!