Cheap Homes for Rent in Meadowood Neighborhood of Madison, WI from $900 (7 Rentals)

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

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 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

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.

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.

property at 7131 Discovery Ln

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

2 Bedroom, 2.5 Bath Condo for Rent

Available Jul 15

7131 Discovery Ln

MadisonWI53719

Meadowood, Madison, WI Local Guide

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. Normandy Square 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $922. Here are the most affordable Meadowood apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
The CanyonsOne Bedroom Income Restricted-StyleB1BR,1BA$641
Normandy Square 55+One Bedroom (Income Restricted 40%)1BR,1BA$922
Liberty Valley Apartments1009 - 1 Bed/ 1 Bath1BR,1BA$925

Best Value Apartments for Rent in Meadowood, WI

As of June 13, 2026 the best value apartment in the Meadowood area is the $1.31 price per square foot 2-Bed Townhome Model at Fairhaven Court Townhomes in the in the Outer Verona neighborhood starting from $1,995. The second greatest value Meadowood 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 Meadowood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fairhaven Court Townhomes2-Bed Townhome2BR,2.5BA$1.31
Province HillPenobscott I2BR,2BA$1.42
Preserve WestThe Gooseberry2BR,2BA$1.25
Blueberry Hill Apartments2 bdrm/2 bath loft2BR,2BA$1.43
Whitcomb Square Senior Apartment Homes (55+)2 Bedroom2BR,2BA$0.92
Normandy Square 55+One Bed 30%1BR,1BA$1.40
4510 Thurston Ln2Bed/1Bath2BR,1BA$1.44
Meadowood Apartments5822 Russett - 3 Bed / 1 Bath3BR,1BA$1.47
McKenna Woods1xw1BR,1BA$1.46
Prairie Park Senior Apartments1 bed/1bath LMI1BR,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.

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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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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

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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
Meadowood, Madison, WI

Ranked #26

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Meadowood

What type of rentals are currently available in Meadowood?

There are currently 188 Apartments for Rent in Meadowood, WI with pricing that ranges from $641 to $3,800. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Meadowood ranging from $950 to $4,495.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Meadowood ranges from $950 to $4,495 with an average monthly rent of $2,351.

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

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 Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI article

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.

decorative image for An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin   article

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.