Luxury Apartments for Rent in the First Settlement Neighborhood of Madison, WI (105 Rentals)

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The most luxurious Apartments in the First Settlement area of Madison with high-end amenities, features, and finishes.

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The Penny
Rent Specials
$1,585 - $3,500
Total Monthly Price

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Base Rent
$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
$1,795 - $4,195
Total Monthly Price

Total Monthly Price

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$1,795 - $4,195
Total Monthly Price
$1,795 - $4,195
Studio to 3 Bedroom Apartments Available Now

Virtue

531 West Washington AvenueMadison, WI 53703
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Irwin
Rent Specials
$1,420 - $3,380
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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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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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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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The Edge
$1,575 - $3,720
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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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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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West Washington Place
Rent Specials
$1,728 - $3,698
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Total Monthly Price

Base Rent
$1,728 - $3,698
Total Monthly Price
$1,728 - $3,698
Studio to 3 Bedroom Apartments Available Aug 1

West Washington Place

624 W Washington AveMadison, WI 53703
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The Pressman
$1,810 - $4,075
Total Monthly Price

Total Monthly Price

Base Rent
$1,810 - $4,075
Total Monthly Price
$1,810 - $4,075
1 to 2 Bedroom Apartments Available Now

The Pressman

117 South Hamilton StMadison, WI 53703
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SEVEN27 at the Yards
$1,435 - $3,765
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Total Monthly Price

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$1,435 - $3,765
Total Monthly Price
$1,435 - $3,765
Studio to 2 Bedroom Apartments Available Now

SEVEN27 at the Yards

727 Lorillard CtMadison, WI 53703
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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.

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The Constellation
$1,199 - $3,299
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Total Monthly Price

Base Rent
$1,199 - $3,299
Total Monthly Price
$1,199 - $3,299
Studio to 3 Bedroom Apartments Available Now

The Constellation

10 N Livingston StMadison, WI 53703
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Factory District
Rent Specials
$1,515 - $3,510
Total Monthly Price

Total Monthly Price

Base Rent
$1,515 - $3,510
Total Monthly Price
$1,515 - $3,510
1 to 3 Bedroom Apartments Available Now

Factory District

1222 E Washington AveMadison, WI 53703
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640 West
Rent Specials
$1,955 - $2,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,955 - $2,925
Total Monthly Price
$1,955 - $2,925
1 to 2 Bedroom Apartments Available Jun 1

640 West

640 W Wilson StMadison, WI 53703
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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First Settlement, Madison, WI Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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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Quick 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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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of rentals in cities and towns across the United States including First Settlement, Madison, and the greater Madison area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Luxury Living Rating

First Settlement has emerged as one of the best-regarded luxury communities in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like saunas, pools, sport courts, on-site concierge services, park access, and amenities like granite countertops, range hoods, and high-end appliances. Luxury submarkets also often offer tile or hardwood floors, raquetball courts, and for some communities, even a doorman to greet residents.

Frequently Asked Questions about First Settlement

How much are Studio apartments in First Settlement?

There are currently 201 Studio Apartments in First Settlement with rent ranges from $725 to $2,601 with an average price of $1,672.

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 $5,250 with an average monthly rent of $2,141.

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 $1,159 to $5,405. Today's average rental price for Two Bedrooms here is $2,747.

How expensive are First Settlement Three Bedroom Apartments?

There are currently 126 Three Bedroom Apartments listings available in First Settlement on ApartmentHomeLiving.com. The pricing ranges from $675 to $14,130 - averaging $3,047 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

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.