
Cheap Apartments for Rent in the Greentree Neighborhood of Madison, WI from $600 (146 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greentree area of Madison.


Oak Ridge at University Park Senior Apartments

Normandy Square 55+

Total Monthly Price
Liberty Valley Apartments

1106 Woodland Way, Unit 2

Westhaven Village Apartments

Pine Crest Apartments

Vivo Living Madison

Point Place Senior Apartments

Grand Canyon Apartments
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.

New Fountains

Country Meadows Apartments

Summit Hill

Total Monthly Price
Prairie Park Senior Apartments

Blueberry Hill Apartments

Heather Downs Apartments

Oakbridge Court LLC

Merchant Place

McKenna Woods

Total Monthly Price
Big Sky Manor & High Point Manor
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.

University Park Commons

Nakoma Commons

Lincoln Ridge

Total Monthly Price
Faircrest Apartments

Overlook at Midtown

Yorktown Estates

Total Monthly Price
Whitcomb Square Senior Apartment Homes (55+)

Uno Terrace

Greenbriar Village

Prairie Ridge
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.

Heritage Circle Apartments

Meadowood Apartments

Total Monthly Price
Timberlake Village Apartments

Gardens on Hillcrest

PARK TOWER

High Point Woods

Revelry Living

The Marquee

Maple Grove Apartments

The Derby
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.

Maple Grove Commons

Lamplighter

5830 Balsam Rd, Unit Balsam Apartments #4

5830 Balsam Rd, Unit 4

Tailor Place

Total Monthly Price
Nantucket Apartments

Total Monthly Price
Orchard Village Apartments

Yellowstone Apartments

Reserve at High Point

Muirfield Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Greentree, Madison, WI Local Guide

How much does it cost to rent an apartment in Greentree?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greentree Studio Apartments | $1,301 | $950 | $1,675 |
| Greentree 1 Bedroom Apartments | $1,515 | $641 | $2,450 |
| Greentree 2 Bedroom Apartments | $1,843 | $763 | $3,300 |
| Greentree 3 Bedroom Apartments | $2,024 | $883 | $3,800 |
| Greentree 4 Bedroom Apartments | $2,495 | $2,495 | $2,495 |
Browse Apartments in this Neighborhood
There are currently 146 rentals with your search options within a 2 mile radius of the Greentree Neighborhood of Madison, WI.
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Greentree, Madison, WI Local Guide
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Cheapest Available Greentree Apartments for Rent
 The cheapest available apartment rental in the Greentree area of Madison, WI is a 1 Bed unit found at The Canyons priced from $641. Normandy Square 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $922. Here are the most affordable Greentree apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Canyons | One Bedroom Income Restricted-StyleB | 1BR,1BA | $641 |
| Normandy Square 55+ | One Bedroom (Income Restricted 40%) | 1BR,1BA | $922 |
| Liberty Valley Apartments | 1009 - 1 Bed/ 1 Bath | 1BR,1BA | $925 |
| Vivo Living Madison | The Frank | Studio,1BA | $995 |
| Point Place Senior Apartments | 1/1 | 1BR,1BA | $995 |
| Grand Canyon Apartments | Studio - 2nd floor | Studio,1BA | $995 |
| Prairie Park Senior Apartments | 1 bed/1bath LMI | 1BR,1BA | $1,100 |
| Heather Downs Apartments | Studio | Studio,1BA | $1,113 |
| McKenna Woods | 1 | 1BR,1BA | $1,150 |
| University Park Commons | 1 Bed 50% | 1BR,1BA | $1,155 |
Best Value Apartments for Rent in Greentree, WI
As of June 14, 2026 the best value apartment in the Greentree area is the $1.46 price per square foot 2BR/2.5BA Model at Waldorf on the Park in the in the South West Side neighborhood starting from $2,300. The second greatest value Greentree apartment is the Penobscott I Model at Province Hill starting at $2,080 with a $1.42 price per square foot in the South West Side neighborhood. Here is today’s list of the best values for Greentree apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Waldorf on the Park | 2BR/2.5BA | 2BR,2.5BA | $1.46 |
| Province Hill | Penobscott I | 2BR,2BA | $1.42 |
| Preserve West | The Gooseberry | 2BR,2BA | $1.28 |
| Blueberry Hill Apartments | 2 bdrm/2 bath loft | 2BR,2BA | $1.43 |
| Yorktown Apartments | 2 Bedroom 2 Bath - Contemporary | 2BR,2BA | $1.40 |
| Normandy Square 55+ | One Bed 30% | 1BR,1BA | $1.40 |
| 4510 Thurston Ln | 2Bed/1Bath | 2BR,1BA | $1.44 |
| Meadowood Apartments | 5822 Russett - 3 Bed / 1 Bath | 3BR,1BA | $1.47 |
| McKenna Woods | 1xw | 1BR,1BA | $1.46 |
| Prairie Park Senior Apartments | 1 bed/1bath LMI | 1BR,1BA | $1.38 |
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.
Read ArticleDon'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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleGreentree, Madison, WI
Ranked #19
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Greentree, Madison, WI
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers is happy to bring you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Madison. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Greentree Apartments
What is a cheap apartment in Greentree?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greentree is under $1,155.
What is the price of a cheap apartment in Greentree?
The cheapest apartment in Greentree is The Canyons which is listed at $641, while the average apartment in Greentree costs $2,495.
What types of apartments are the cheapest in Greentree?
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 25 regular apartments in Greentree 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 Greentree?
Cheap apartments in Greentree have an average cost of $152 which is $2,343 cheaper than the average rent for all rentals in Greentree.
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.
Helpful Local Expert Guides

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.

Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI
Written by: Mike Heuer
I am Mike, your guide to student housing in the Greater Madison, Wisconsin, area. Madison is a terrific city that also is the Capital of Wisconsin.

An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin
Written by: Mike Heuer
Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.