
Cheap Apartments for Rent in the Meadowood Neighborhood of Madison, WI from $600 (128 Rentals)
Search the lowest-cost Apartments available for rent right now in the Meadowood area of Madison.


Ellis Potter

Yellowstone Apartments

Oak Ridge at University Park Senior Apartments

Uno Terrace

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Liberty Valley Apartments

Pine Crest Apartments

Westhaven Village Apartments

New Fountains

Country Meadows Apartments
Finding Your Place in Madison: Neighborhoods Close to the City’s Biggest Jobs
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Lincoln Ridge

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Prairie Park Senior Apartments

Nakoma Commons

Heather Downs Apartments

Merchant Place

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Andes Apartments

McKenna Woods

University Park Commons

Rock Apartments

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1301 Jewel Ct
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Big Sky Manor & High Point Manor

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Vivo Living Madison

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Whitcomb Square Senior Apartment Homes (55+)

Summit Hill

Heritage Circle Apartments

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Timberlake Village Apartments

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Meadowood Apartments

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Shadow Creek

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5706 Russett Rd, Unit UPLVL-4

Stone Creek
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

Normandy Square 55+

Maple Grove Apartments

The Derby

The Marquee

High Point Woods

The Tuxedo Apartments

Lamplighter

531 Donofrio Dr, Unit 8

Fairhaven Court Apartments

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5006 Whitcomb Dr, Unit 5006-8
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1517 McKenna Blvd, Unit 2

Tailor Place

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Whitcomb Square

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Nantucket Apartments

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Orchard Village Apartments

Preserve West

Revelry Living

Reserve at High Point

Renew Madison

Stone Creek Gardens
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Meadowood, Madison, WI Local Guide

How much does it cost to rent an apartment in Meadowood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Meadowood Studio Apartments | $1,336 | $950 | $1,902 |
| Meadowood 1 Bedroom Apartments | $1,497 | $641 | $2,215 |
| Meadowood 2 Bedroom Apartments | $1,832 | $763 | $3,504 |
| Meadowood 3 Bedroom Apartments | $2,062 | $883 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 128 rentals with your search options within a 2 mile radius of the Meadowood Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
Meadowood, Madison, WI Local Guide
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Cheapest Available Meadowood Apartments for Rent
 The cheapest available apartment rental in the Meadowood area of Madison, WI is a 1 Bed unit found at The Canyons priced from $641. Yellowstone Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $663. Here are the most affordable Meadowood apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Canyons | One Bedroom Income Restricted-StyleB | 1BR,1BA | $641 |
| Yellowstone Apartments | 1 BED / 1 BATH (Income Restricted - 30%) | 1BR,1BA | $663 |
| Liberty Valley Apartments | 1001 - 1 Bed / 1 Bath | 1BR,1BA | $925 |
| Nakoma Heights Apartment Homes | 1x1 | 1BR,1BA | $1,049 |
| Country Meadows Apartments | Studio | Studio,1BA | $1,050 |
| Prairie Park Senior Apartments | 1 bed/1bath LMI | 1BR,1BA | $1,100 |
| Heather Downs Apartments | Studio | Studio,1BA | $1,111 |
| Nakoma Commons | Studio | Studio,1BA | $1,125 |
| McKenna Woods | 1 | 1BR,1BA | $1,150 |
| Ellis Potter | 1 bedroom 55+ - 50% CMI | 1BR,1BA | $1,152 |
Best Value Apartments for Rent in Meadowood, WI
As of July 24, 2026 the best value apartment in the Meadowood area is the $1.19 price per square foot The Elm Model at Preserve West in the in the Far West Side neighborhood starting from $2,045. The second greatest value Meadowood apartment is the 2-Bed Townhome Model at Fairhaven Court Townhomes starting at $1,995 with a $1.31 price per square foot in the Outer Verona neighborhood. Here is today’s list of the best values for Meadowood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Preserve West | The Elm | 3BR,2BA | $1.19 |
| Fairhaven Court Townhomes | 2-Bed Townhome | 2BR,2.5BA | $1.31 |
| Province Hill | Penobscott I | 2BR,2BA | $1.42 |
| 5706 Russett Rd, Unit UPLVL-4 | 5706 Russett Rd | 2BR,1BA | $1.16 |
| Orchard Village Apartments | 2C | 2BR,1.5BA | $1.43 |
| 1517 McKenna Blvd, Unit 2 | 1517 McKenna Blvd | 2BR,1.5BA | $1.42 |
| Meadowood Apartments | 5806 Russett - 2 Bed / 1 Bath | 2BR,1BA | $1.49 |
| McKenna Woods | 1xw | 1BR,1BA | $1.46 |
| Prairie Park Senior Apartments | 1 bed/1bath LMI | 1BR,1BA | $1.38 |
| Liberty Valley Apartments | 1005 - 2 Bed / 1 Bath | 2BR,1BA | $1.53 |
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 LifestyleMeadowood, Madison, WI
Ranked #25
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States, including Madison. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. 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 more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Meadowood Apartments
What is a cheap apartment in Meadowood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Meadowood is under $1,152.
What is the price of a cheap apartment in Meadowood?
The cheapest apartment in Meadowood is The Canyons which is listed at $641, while the average apartment in Meadowood costs $1,995.
What types of apartments are the cheapest in Meadowood?
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 28 regular apartments in Meadowood 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 Meadowood?
Cheap apartments in Meadowood have an average cost of $268 which is $1,727 cheaper than the average rent for all rentals in Meadowood.
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

Finding Your Place in Madison: Neighborhoods Close to the Citys Biggest Jobs
Written by: Mike Heuer
Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.

An Insider's 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.

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.

The Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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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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.