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$1,525 - $3,195Studio to 2 Bedroom Apartments Available Now
Tobacco Lofts at the Yards
702 Lorillard CtMadison, WI 53703
Cheap Apartments for Rent in the First Settlement Neighborhood of Madison, WI from $400 (148 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the First Settlement area of Madison.
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$1,530 - $1,6451 Bedroom Apartments Available Now
Mendota on Mansion Hill
116 E Gilman StMadison, WI 53703
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$1,540 - $2,3251 to 2 Bedroom Apartments Available Now
Nichols Station Apartments
427 E Gorham StMadison, WI 53703
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$1,545 - $2,3001 to 2 Bedroom Apartments Available Now
Hamilton Pointe
325 S Hamilton StMadison, WI 53703
309 N Pinckney St
MadisonWI53703
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$1,575 - $3,995Studio to 2 Bedroom Apartments Available Now
Domain
420 W Dayton StMadison, WI 53703
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$1,575 - $2,295Studio to 2 Bedroom Apartments Available Now
Butler Plaza
21 N Butler StMadison, WI 53703
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$1,589 - $3,099Studio to 3 Bedroom Apartments Available Now
Galaxie High Rise Apartments
822 E Washington AveMadison, WI 53703
656 E Mifflin St
MadisonWI53703
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Rent Specials
$1,595 - $2,900Studio to 2 Bedroom Apartments Available Now
Arden
1050 E Washington AveMadison, WI 53703
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$1,595 - $3,4501 to 2 Bedroom Apartments Available Now
The Madison Mark
132 E Wilson StMadison, WI 53703
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$1,595 - $2,2401 to 2 Bedroom Apartments Available Now
Washington Plaza
425 W Washington AveMadison, WI 53703
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$1,599 - $3,959Studio to 3 Bedroom Apartments Available Now
Veritas Village
110 N Livingston StMadison, WI 53703
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$1,600 - $3,725Studio to 2 Bedroom Apartments Available Now
Lyric
1010 E Washington AveMadison, WI 53703
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$1,600 - $2,2501 to 2 Bedroom Apartments Available Now
Sheelin Apartments
424 W Mifflin StMadison, WI 53703
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$1,6002 Bedroom Apartment Available Aug 15, 2026
120 S Blair St, Unit 1
120 S Blair StMadison, WI 53703
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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 | $1,675 | $775 | $2,585 |
| First Settlement 1 Bedroom Apartments | $2,134 | $900 | $3,500 |
| First Settlement 2 Bedroom Apartments | $2,846 | $750 | $7,000 |
| First Settlement 3 Bedroom Apartments | $2,949 | $1,012 | $6,450 |
| First Settlement 4 Bedroom Apartments | $2,556 | $1,080 | $6,700 |
| First Settlement 5 Bedroom Apartments | $2,430 | $799 | $8,150 |
Browse Apartments in this Neighborhood
There are currently 148 rentals with your search options within a 1 mile radius of the First Settlement Neighborhood of Madison, WI.
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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 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 $1,140.
What is the price of a cheap apartment in First Settlement?
The cheapest apartment in First Settlement is Gargano Properties which is listed at $900, while the average apartment in First Settlement costs $8,900.
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 143 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 $2,083 which is $6,817 cheaper than the average rent for all rentals in First Settlement.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.