Cheap Homes for Rent in Madison, WI from $800 (49 Rentals)

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property at 125 E Gorham St

125 E Gorham St

MadisonWI53703

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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property at 121 E Gorham St

121 E Gorham St

MadisonWI53703
property at 129 E Gorham St

129 E Gorham 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.

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property at 4807 Camden Rd

4807 Camden Rd

MadisonWI53716

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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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.

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property at 137 E Gorham St

137 E Gorham St

MadisonWI53703

Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

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Showing Results 1-49, Page 1 of 1

Madison, WI Local Guide

Cheapest Neighborhoods for Apartments in Madison, WI

Pricing Updated: 11/03/2025

Current apartment rentals in the Madison, WI area range in price from $513 to $8,900 with an overall median price of $3,515. The three Madison neighborhoods with the lowest median rent pricing are Whitetail Ridge at $975, Sherman Village at $975, and Lakeview Hills at $975. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Madison Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Whitetail Ridge$1,300$97570
Sherman Village$1,325$97540
Lakeview Hills$1,362$97551
Berkeley Oaks$1,369$89598
Lerdahl Park$1,385$97550
Trinity Park$1,385$97554
Mendota Hills$1,397$97560
North Lake Mendota$1,487$97536
Brentwood Village$1,595$975130
Sherman$1,610$975176

Cheapest Available Madison Apartments for Rent

 

The cheapest available apartment rental in Madison, WI is a 1 Bed unit found at Oak Ridge at University Park Senior Apartments in the West Side neighborhood priced from $646. Broadway Lofts and Townhomes in the Pflaum Road neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $784. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Ridge at University Park Senior ApartmentsB1BR,1BA$646
Broadway Lofts and Townhomes2x22BR,2BA$784
Spring Harbor ApartmentsstudioStudio,1BA$800
Oakridge ApartmentsStudioStudio,1BA$800
Nature Valley ApartmentsStudioStudio,1BA$895
632 Howard Place632 Howard Place - 304Studio,1BA$895
Gargano Propertiesone1BR,1BA$900
Normandy Square 55+One Bedroom (Income Restricted 40%)1BR,1BA$922

Best Value Apartments for Rent in Madison, WI

As of November 03, 2025 the best value apartment in the Madison area is the $0.96 price per square foot 9 Obrien Ct Model at 9 Obrien Ct, Unit 09 O’Brien in the in the East Side neighborhood starting from $2,295. The second greatest value Madison apartment is the 2B/1.5bath Model at Glendale Townhomes starting at $1,785 with a $1.19 price per square foot in the Pflaum Road neighborhood. Here is today’s list of the best values for Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
9 Obrien Ct, Unit 09 O’Brien9 Obrien Ct4BR,1.5BA$0.96
Glendale Townhomes2B/1.5bath2BR,2BA$1.19
6658 Charlie Grimm Rd, Unit 66586658 Charlie Grimm Rd2BR,2BA$1.20
Collegiate Campus Student ApartmentsApartments Available Now4BR,2BA$0.68
Whitcomb Square Senior Apartment Homes (55+)2 Bedroom, 1.5 Bath2BR,1.5BA$1.20
Gargano Propertiesone1BR,1BA$0.88
229 Lakelawn *Student Housing*4 Bedroom 26-27 School Year / Room4BR,3BA$1.18
345 W Doty St, Unit 2345 W Doty St2BR,1BA$0.78
Colonial Apartments1 Br1BR,1BA$1.18
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1.16

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don'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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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Pet Friendly Lifestyle
Madison, WI

Ranked #1

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Madison, WI Rentals by Map

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See the most popular apartments and homes in Madison, WI

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Madison, WI Rental Homes Map

Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 1718 Apartments for Rent in Madison, WI with pricing that ranges from $641 to $8,900. There are also 229 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $800 to $23,436.

What is the current price range for Rental Homes in Madison?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison ranges from $800 to $23,436 with an average monthly rent of $3,443.

How much are larger Three and Four Bedroom Rentals in Madison?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison range from $839 to $6,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,100.

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.