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$950Studio Apartments Available Aug 15
454 W Dayton St
454 W Dayton StMadison, WI 53703
Cheap Homes for Rent in First Settlement Neighborhood of Madison, WI from $1,300 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the First Settlement area of Madison.
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$950Studio Apartments Available Aug 14
114 W Gilman St, Unit 11
114 W Gilman StMadison, WI 53703
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$9951 Bedroom Apartments Available Now
437 W Main St, Unit 204
437 W Main StMadison, WI 53703
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$1,0951 Bedroom Apartments Available Aug 15
111 S Bassett St, Unit 202
111 S Bassett StMadison, WI 53703
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$1,255Studio Apartments Available Aug 15
402 W Dayton St, Unit 107
402 W Dayton StMadison, WI 53703
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$1,255Studio Apartments Available Aug 15
402 W Dayton St, Unit 103
402 W Dayton StMadison, WI 53703
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.
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$1,255Studio Apartments Available Aug 15
402 W Dayton St, Unit 108
402 W Dayton StMadison, WI 53703
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$1,255Studio Apartments Available Aug 15
402 W Dayton St, Unit 111
402 W Dayton StMadison, WI 53703
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$1,2551 Bedroom Apartments Available Aug 15
402 W Dayton St, Unit 102
402 W Dayton StMadison, WI 53703
213 S Broom St, Unit 3
213 S Broom St
MadisonWI53703
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$1,4251 Bedroom Apartments Available Aug 15
402 W Dayton St, Unit 311
402 W Dayton StMadison, WI 53703
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$1,4251 Bedroom Apartments Available Aug 15
402 W Dayton St, Unit 309
402 W Dayton StMadison, WI 53703
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.
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$1,4251 Bedroom Apartments Available Aug 15
402 W Dayton St, Unit 307
402 W Dayton StMadison, WI 53703
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$1,5351 Bedroom Apartments Available Aug 15
402 W Dayton St, Unit 310
402 W Dayton StMadison, WI 53703
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$1,5351 Bedroom Apartments Available Aug 14
402 W Dayton St, Unit 304
402 W Dayton StMadison, WI 53703
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$1,5351 Bedroom Apartments Available Aug 15
402 W Dayton St, Unit 306
402 W Dayton StMadison, WI 53703
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$1,5851 Bedroom Apartments Available Aug 15
402 W Dayton St, Unit 314
402 W Dayton StMadison, WI 53703
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$1,6252 Bedroom Apartments Available Jun 20
1046 Jenifer St, Unit 3
1046 Jenifer StMadison, WI 53703
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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$1,6852 Bedroom Apartments Available Now
408 N Henry St, Unit 408n Henry st
408 N Henry StMadison, WI 53703
5192 Sassafras Dr
MadisonWI53713
828-830 E Johnson St
MadisonWI53703
309 W Washington Ave
MadisonWI53703
1015 E Gorham St
MadisonWI53703
311 N Hancock St, Unit Nichols Station 131
311 N Hancock St
MadisonWI53703
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.
315 S Paterson St
MadisonWI53703
203 S Baldwin St
MadisonWI53703
Showing Results 1-26, Page 1 of 1
First Settlement, Madison, WI Local Guide
How much does it cost to rent a home in First Settlement?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| First Settlement 2 Bedroom Homes for Rent | $2,509 | $1,780 | $3,200 |
| First Settlement 3 Bedroom Homes for Rent | $2,150 | $2,100 | $2,200 |
| First Settlement 5 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 26 rentals with your search options within a 1 mile radius of the First Settlement Neighborhood of Madison, WI.
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Cheapest Available First Settlement Apartments for Rent
The cheapest available apartment rental in the First Settlement area of Madison, WI is a Studio unit found at 632 Howard Place priced from $895. Greenspire Wilson Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable First Settlement apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 632 Howard Place | 632 Howard Place - 303 | Studio,1BA | $895 |
| Greenspire Wilson Apartments | 0BR/1.0BA | Studio,1BA | $1,025 |
| Courtyard Apartments | 0BR/1.0BA | Studio,1BA | $1,055 |
| Varsity Campus Apartments | 4-Bedroom, 2-Bath | 4BR,2BA | $1,065 |
| City Row | A1 (50LMI Income Restricted) | Studio,1BA | $1,070 |
| Langdon Hall Apartments | Studios | Studio,1BA | $1,085 |
| 126-128 S Franklin St | 1 BR | 1BR,1BA | $1,100 |
| The Badger Den Apartments on Gilman | Warner | Studio,1BA | $1,129 |
| 106 S Hancock St | Studio | Studio,1BA | $1,140 |
Best Value Apartments for Rent in First Settlement, WI
As of June 08, 2026 the best value apartment in the First Settlement area is the $0.56 price per square foot 1049 Spaight St Model at 1049 Spaight St, Unit Apartment 3 in the in the The Isthmus neighborhood starting from $1,000. The second greatest value First Settlement apartment is the Bedroom (Shared) Model at Pres House Apartments starting at $1,700 with a $1.37 price per square foot in the Downtown Madison neighborhood. Here is today’s list of the best values for First Settlement apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1049 Spaight St, Unit Apartment 3 | 1049 Spaight St | 1BR,1BA | $0.56 |
| Pres House Apartments | Bedroom (Shared) | 4BR,2BA | $1.37 |
| 447 W Mifflin St, Unit 1 | 447 W Mifflin St | 3BR,1BA | $1.64 |
| 207 S Broom St, Unit #2 | 207 S Broom St | 3BR,1BA | $1.69 |
| City Place | Two Bedroom Two Bathroom | 2BR,2BA | $1.56 |
| 18 N Baldwin St, Unit B | 18 N Baldwin St | 1BR,2BA | $1.70 |
| SEVEN27 at the Yards | 1 Bedroom | 1BR,1BA | $1.66 |
| Varsity Campus Apartments | 4-Bedroom, 2-Bath | 4BR,2BA | $1.18 |
| The Madison Mark | Wilson (60LMI Income Restricted) | 1BR,1BA | $1.61 |
| Towers on State | 2BR/1BA - B1 | 2BR,1BA | $1.49 |
Frequently Asked Questions about First Settlement
What type of rentals are currently available in First Settlement?
There are currently 479 Apartments for Rent in First Settlement, WI with pricing that ranges from $803 to $14,130. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in First Settlement ranging from $1,395 to $3,200.
What is the current price range for Rental Homes in First Settlement?
Today's rental pricing for Homes for Rent, Condos and Townhomes in First Settlement ranges from $1,395 to $3,200 with an average monthly rent of $2,400.
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.
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.