Homes for Rent in Madison, WI Under $1,500 (39 Rentals)

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property at 5337 Brody Dr

$1,500 - $1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $1,650

Total Monthly Price
$1,500 - $1,650

1 To 2 Bedroom Condos for Rent

Available Aug 31

5337 Brody Dr

MadisonWI53705
property at 4921 Ascot Ln

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1 Bath Condo for Rent

Available Jul 1

4921 Ascot Ln, Unit #5

4921 Ascot Ln
MadisonWI53711

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.

property at 213 S Broom St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Condo for Rent

Available Now

213 S Broom St, Unit 3

213 S Broom St
MadisonWI53703
property at 930 Emerald St

$1,300 - $2,100

1 To 3 Bedroom Rentals

Available Jul 31

930 Emerald St

MadisonWI53715

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.

Madison's Best Affordable Neighborhoods

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

property at 1106 Woodland Way

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1106 Woodland Way, Unit 2

1106 Woodland Way
MadisonWI53711
property at 936 Drake St

$735

Total Monthly Price

Total Monthly Price

Base Rent
$735

Total Monthly Price
$735

1 Bedroom, 1 Bath Townhome for Rent

Available Aug 15

936 Drake St, Unit 4

936 Drake St
MadisonWI53715
property at 1205 Chandler St

$599 - $2,936

Total Monthly Price

Total Monthly Price

Base Rent
$599 - $2,936

Total Monthly Price
$599 - $2,936

1 To 4 Bedroom Townhomes for Rent

Available Aug 5

1205 Chandler St

MadisonWI53715
property at 7315 University Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

7315 University Ave, Unit 1

7315 University Ave
MiddletonWI53562

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.

Madison, WI Local Guide

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.

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Real 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.

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

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Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 1798 Apartments for Rent in Madison, WI with pricing that ranges from $641 to $14,130. There are also 198 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $599 to $5,600.

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 $599 to $5,600 with an average monthly rent of $2,576.

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 $866 to $14,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $938.

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

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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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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.

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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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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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.

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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.