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Cheap Homes for Rent in First Settlement Neighborhood of Madison, WI from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the First Settlement area of Madison.
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125 E Gorham St
MadisonWI53703
121 E Gorham St
MadisonWI53703
312 S Ingersoll St
MadisonWI53703
129 E Gorham St
MadisonWI53703
133 E Gorham St
MadisonWI53703
123 E Gorham St
MadisonWI53703
120 S Blair St
MadisonWI53703
137 E Gorham St
MadisonWI53703
733 Jenifer St, Unit 1-2
733 Jenifer St
MadisonWI53703
Showing Results 1-11, 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 | $2,298 | $1,600 | $3,395 |
| First Settlement 3 Bedroom Homes for Rent | $2,479 | $1,950 | $3,075 |
| First Settlement 4 Bedroom Homes for Rent | $3,624 | $3,500 | $3,749 |
| First Settlement 5 Bedroom Homes for Rent | $3,820 | $2,500 | $5,500 |
| First Settlement 6 Bedroom Homes for Rent | $6,949 | $6,949 | $6,949 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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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Cheapest Available First Settlement Apartments for Rent
The cheapest available apartment rental in the First Settlement area of Madison, WI is a 3 Beds unit found at 427-431 W Doty priced from $622. Hellenbrand Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here are the most affordable First Settlement apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 427-431 W Doty | Three Bed | 3BR,1BA | $622 |
| Hellenbrand Apartments | Studio--111 S Bassett | Studio,1BA | $705 |
| Metropolitan Apartments | 403 | Studio,1BA | $800 |
| 632 Howard Place | 632 Howard Place - 304 | Studio,1BA | $895 |
| Gargano Properties | one | 1BR,1BA | $900 |
Best Value Apartments for Rent in First Settlement, WI
As of October 15, 2025 the best value apartment in the First Settlement area is the $1.48 price per square foot 520 E Johnson St Model at 520 E Johnson St, Unit 1 in the in the The Isthmus neighborhood starting from $1,850. 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. |
|---|---|---|---|
| 520 E Johnson St, Unit 1 | 520 E Johnson St | 2BR,1BA | $1.48 |
| Pres House Apartments | Bedroom (Shared) | 4BR,2BA | $1.37 |
| 22 N Hancock St | Two-Bedroom | 2BR,1BA | $1.53 |
| Collegiate Campus Student Apartments | Apartments Available Now | 4BR,2BA | $0.68 |
| Hub on Campus Madison | 3X2 | 3BR,2BA | $1.57 |
| Gargano Properties | one | 1BR,1BA | $0.88 |
| 229 Lakelawn *Student Housing* | 4 Bedroom 26-27 School Year / Room | 4BR,3BA | $1.18 |
| 345 W Doty St, Unit 2 | 345 W Doty St | 2BR,1BA | $0.78 |
| Lincoln School | One Bedroom | 1BR,1BA | $1.68 |
| Towers on State | 2BR/2BA - B4 | 2BR,2BA | $1.62 |
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Pet Friendly LifestyleFirst Settlement, Madison, WI
Ranked #11
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about First Settlement
What type of rentals are currently available in First Settlement?
There are currently 446 Apartments for Rent in First Settlement, WI with pricing that ranges from $750 to $9,115. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in First Settlement ranging from $1,095 to $6,949.
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 $1,095 to $6,949 with an average monthly rent of $3,145.
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 $1,012 to $6,430, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,075. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $1,080.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.