Cheap Homes for Rent in Madison, WI from $900 (59 Rentals)

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Search the lowest-cost Homes available for rent right now in Madison.

property at 107 Rethke Ave

107 Rethke Ave

MadisonWI53714
property at 405 W Doty St

405 W Doty St

MadisonWI53703
property at 4807 Camden Rd

4807 Camden Rd

MadisonWI53716
property at 37 W Klubertanz Dr

37 W Klubertanz Dr

Sun PrairieWI53590
property at 1216 Jenifer St

1216 Jenifer St

MadisonWI53703
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Madison, WI Local Guide

Cheapest Neighborhoods for Apartments in Madison, WI

Pricing Updated: 08/04/2025

Current apartment rentals in the Madison, WI area range in price from $482 to $9,257 with an overall median price of $2,450. The three Madison neighborhoods with the lowest median rent pricing are Berkeley Oaks at $925, Lakeview Hills at $1,035, and Lerdahl Park at $1,035. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Madison Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Berkeley Oaks$1,450$92590
Lakeview Hills$1,450$1,03564
Lerdahl Park$1,450$1,03564
Mendota Hills$1,450$1,03568
North Lake Mendota$1,450$1,03560
Sherman Village$1,450$1,03554
Trinity Park$1,450$1,03566
Whitetail Ridge$1,450$95073
Brentwood Village$1,550$899134
Glacier Crossing$1,660$64153

Cheapest Available Madison Apartments for Rent

 

The cheapest available apartment rental in Madison, WI is a 1 Bed unit found at Prairie Creek priced from $656. Pres House Apartments in the Downtown Madison neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $750. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prairie Creek1x1-VDH1BR,1BA$656
Pres House ApartmentsBedroom A,B,C,D (Individual)4BR,2BA$750
Oakridge ApartmentsStudioStudio,1BA$800
Seven Oaks ApartmentsEffStudio,1BA$875
Nature Valley ApartmentsStudioStudio,1BA$925
Madison and MainA3Studio,1BA$925
Point Place1/11BR,1BA$925
Freedom Park1 Bed/ 1 Bath1BR,1BA$950
Sandburg StudiosComfort | 1st FloorStudio,1BA$975
Cedar RidgeStudioStudio,1BA$995

Best Value Apartments for Rent in Madison, WI

As of August 04, 2025 the best value apartment in the Madison area is the $1.20 price per square foot 2B/2Bath Model at Glendale Townhomes in the in the Pflaum Road neighborhood starting from $1,795. The second greatest value Madison apartment is the 2 Bedroom Model at Whitcomb Square Senior Apartment Homes (55+) starting at $1,350 with a $0.93 price per square foot in the Dudgeon-Monroe 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.
Glendale Townhomes2B/2Bath2BR,2BA$1.20
Whitcomb Square Senior Apartment Homes (55+)2 Bedroom2BR,2BA$0.93
ParksideOak2BR,2BA$1.26
Pres House ApartmentsBedroom A,B,C,D (Individual)4BR,2BA$0.64
Northern BluffsSandstone3BR,1BA$1.05
Eagle Harbor3 Bedroom 2 Bathroom3BR,2BA$1.26
Klassik2x22BR,2BA$1.21
639 Galena Ct639 Galena Ct2BR,1BA$1.09
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1.16
Prairie Creek1x1-VDH1BR,1BA$0.89

Quick Rent Budget Calculator

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Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 1663 Apartments for Rent in Madison, WI with pricing that ranges from $641 to $7,277. There are also 193 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $900 to $9,800.

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 $900 to $9,800 with an average monthly rent of $2,553.

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 $742 to $6,445, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $9,800. Four Bedroom Single-Family rentals are also available starting from $2,395 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.

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.