
Cheap Studio Apartments for Rent in the First Settlement Neighborhood of Madison, WI from $725 (88 Rentals)


Total Monthly Price
420 W Wilson St, Unit l-2, Unit l-2

522 W Wilson St

632 Howard Place

Metropolitan Apartments

22 N Franklin St

519 State St

454 W Dayton St

114 W Gilman St, Unit 11

509 N Lake St
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.

Gargano Properties

228 Langdon St

The Bayshore

Courtyard Apartments

Langdon Hall Apartments

Diplomat Apartments

Williamson Place
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.

Total Monthly Price
137 E Gorham St

Campus Square Apartments

22 N Hancock St

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The Constellation

Total Monthly Price
121 N Hancock St

Tuscan Place

Total Monthly Price
409 W Doty St, Unit 1, Unit 1

202-204 N Pinckney St

Roundhouse Apartments

Inez Apartments
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.

NoVo

Total Monthly Price
445 W Wilson St, Unit B, Unit B

Quisling Terrace

The Breese

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Irwin

Total Monthly Price
Quarter Row at the Yards

Total Monthly Price
SEVEN27 at the Yards

Veritas Village

Park Central

Butler Plaza
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.

The Adria 179 W. Wilson St.

Total Monthly Price
Galaxie High Rise Apartments

Avenir Apartments

Total Monthly Price
Tobacco Lofts at the Yards

Total Monthly Price
The Edge

Total Monthly Price
The Penny

Washington Plaza

Laketowne Apartments
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.
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 | $1,672 | $725 | $2,601 |
| First Settlement 1 Bedroom Apartments | $2,141 | $803 | $5,250 |
| First Settlement 2 Bedroom Apartments | $2,747 | $1,159 | $5,405 |
| First Settlement 3 Bedroom Apartments | $3,047 | $675 | $10,000+ |
| First Settlement 4 Bedroom Apartments | $2,372 | $650 | $6,700 |
| First Settlement 5 Bedroom Apartments | $2,501 | $1,340 | $8,150 |
Explore 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 $1,129.
What is the price of a cheap apartment in First Settlement?
The cheapest apartment in First Settlement is 632 Howard Place which is listed at $895, 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 273 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 $924 which is $4,926 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.
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.

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.

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.

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.




