125 E Gorham St
MadisonWI53703
Cheap Homes for Rent in First Settlement Neighborhood of Madison, WI from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the First Settlement area of Madison.
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.
333 W Mifflin St, Unit 9100
333 W Mifflin St
MadisonWI53703
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.
109 N Hancock St
MadisonWI53703
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
933 Spaight St
MadisonWI53703
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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 | $2,325 | $1,299 | $3,335 |
| First Settlement 3 Bedroom Homes for Rent | $2,593 | $1,940 | $3,400 |
| First Settlement 4 Bedroom Homes for Rent | $3,575 | $3,575 | $3,575 |
| First Settlement 5 Bedroom Homes for Rent | $3,251 | $3,000 | $3,610 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the First Settlement Neighborhood of Madison, WI.
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First Settlement, Madison, WI Local Guide
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Best Value Apartments for Rent in First Settlement, WI
As of May 12, 2025 the best value apartment in the First Settlement area is the $1.99 price per square foot Two Bedroom Two Bathroom Model at The Pressman in the in the The Isthmus neighborhood starting from $3,120. The second greatest value First Settlement apartment is the 3 Bed, 2 Bath Model at Waterfront starting at $1,450 with a $1.04 price per square foot in the The Isthmus 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. |
|---|---|---|---|
| The Pressman | Two Bedroom Two Bathroom | 2BR,2BA | $1.99 |
| Waterfront | 3 Bed, 2 Bath | 3BR,2BA | $1.04 |
| 832 Jenifer St, Unit 1 | 832 Jenifer St | 2BR,1BA | $1.62 |
| Pres House Apartments | Bedroom A,B,C,D (Individual) | 4BR,2BA | $0.64 |
| 510 W Main St, Unit 106 | 510 W Main St | 2BR,2BA | $1.77 |
| Hub on Campus Madison | 2X2L | 2BR,2BA | $1.83 |
| Nichols Station Apartments | One Bedrooms | 1BR,1BA | $1.70 |
| 950 Jenifer St, Unit 3 | 950 Jenifer St | 2BR,1BA | $1.76 |
| 402 W Wilson Street | 1/1 | 1BR,1BA | $1.36 |
| Gargano Properties | one | 1BR,1BA | $1.33 |
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Frequently Asked Questions about First Settlement
What type of rentals are currently available in First Settlement?
There are currently 455 Apartments for Rent in First Settlement, WI with pricing that ranges from $565 to $7,277. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in First Settlement ranging from $950 to $3,610.
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 $950 to $3,610 with an average monthly rent of $2,357.
How much are larger Three and Four Bedroom Rentals in First Settlement?
For those who are looking for larger living arrangements, Three Bedroom Apartments in First Settlement range from $699 to $6,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,940 to $3,400. Four Bedroom Single-Family rentals are also available starting from $3,575 and Four Bedroom Apartments start at $750.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.