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Oak Ridge at University Park Senior Apartments
667 S Whitney WayMadison, WI 53711
Cheap Apartments for Rent in the Nakoma Neighborhood of Madison, WI from $500 (75 Rentals)
Search the lowest-cost Apartments available for rent right now in the Nakoma area of Madison.
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from $990Studio to 3 Bedroom Apartments Available Jun 25
New Fountains
5401 Willamsburg WayMadison, WI 53719
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from $995Studio to 2 Bedroom Apartments Available Now
Liberty Valley
1001-1009 Gilbert RdMadison, WI 53711
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from $1,000Studio to 2 Bedroom Apartments Available Jul 1
Chapel Hill Apartments
5002 Sheboygan AveMadison, WI 53705
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from $1,0051 to 2 Bedroom Apartments Available Now
Avalon Madison Village
4647 Atticus WayMadison, WI 53711
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from $1,0752 Bedroom Apartments Available Aug 15
Southview Apartments
1114-1120 Ann StMadison, WI 53713
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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from $1,0852 Bedroom Apartments Contact Us For Availability
Catalpa Crossing Apartments
2217 Fish Hatchery RdMadison, WI 53713
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from $1,099Studio to 1 Bedroom Apartments Available Now
Allen House Apartments
2130 University AveMadison, WI 53726
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from $1,0991 to 2 Bedroom Apartments Contact Us For Availability
River Bend Apartments at the Arboretum
101 River Bend RdMadison, WI 53713
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from $1,105Studio to 1 Bedroom Apartments Available Now
Nakoma Commons
4501-4517 Hammersley RdMadison, WI 53711
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from $1,1501 to 3 Bedroom Apartments Available Now
Arbor Arms Apartments
2720 McDivitt RdMadison, WI 53713
1009 Gilbert Rd
MadisonWI53711
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from $1,189Studio to 4 Bedroom Apartments Available Aug 15
University Bay
2124 University AveMadison, WI 53726
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from $1,1902 to 3 Bedroom Apartments Available Jun 27
Petra Apartments
1153-1174 Petra PlMadison, WI 53713
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from $1,225Studio to 2 Bedroom Apartments Available Now
PARK TOWER
4801 Sheboygan AveMadison, WI 53705
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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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from $1,2701 Bedroom Apartments Available Now
Lamplighter Apartments
925 S Whitney WayMadison, WI 53711
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from $1,2752 Bedroom Apartments Contact Us For Availability
Heritage Circle Apartments
30 Heritage CirMadison, WI 53711
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from $1,2752 Bedroom Apartments Available Now
5022 Sheboygan - Postweiler
5022 Sheboygan AveMadison, WI 53705
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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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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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Nakoma, Madison, WI Local Guide
How much does it cost to rent an apartment in Nakoma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nakoma Studio Apartments | $1,320 | $990 | $2,810 |
| Nakoma 1 Bedroom Apartments | $1,621 | $646 | $3,395 |
| Nakoma 2 Bedroom Apartments | $1,914 | $770 | $5,140 |
| Nakoma 3 Bedroom Apartments | $2,479 | $847 | $5,570 |
| Nakoma 4 Bedroom Apartments | $2,648 | $2,300 | $2,850 |
Browse Apartments in this Neighborhood
There are currently 75 rentals with your search options within a 2 mile radius of the Nakoma Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
Nakoma, Madison, WI Local Guide
- Nearby Madison neighborhoods
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Cheapest Available Nakoma Apartments for Rent
The cheapest available apartment rental in the Nakoma area of Madison, WI is a Studio unit found at Liberty Valley priced from $995. Avalon Madison Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here are the most affordable Nakoma apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Liberty Valley | Studio | Studio,1BA | $995 |
| Avalon Madison Village | 1 Bedroom 60% | 1BR,1BA | $1,005 |
| Luann Place Apartments | Studio | Studio,1BA | $1,035 |
| Chalet Gardens Apartments. | Efficiency | Studio,1BA | $1,059 |
| Bristol Arms | Oxford | 1BR,1BA | $1,071 |
| Maple Lawn Apartments | 1 Bedroom WD 50% | 1BR,1BA | $1,075 |
| Allen House Apartments | 0x1-361 | Studio,1BA | $1,099 |
| Nakoma Commons | Studio | Studio,1BA | $1,105 |
| Valley View Apartments | Efficiency | Studio,1BA | $1,140 |
| Arbor Arms Apartments | 1 Bed Arborville | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Nakoma, WI
As of June 14, 2025 the best value apartment in the Nakoma area is the $1.20 price per square foot 3LG Model at Guilford Apartments in the in the Brams Addition neighborhood starting from $1,795. The second greatest value Nakoma apartment is the 2 Bedroom Model at Whitcomb Square Senior Apartment Homes (55+) starting at $1,350 with a $1.00 price per square foot in the Dudgeon-Monroe neighborhood. Here is today’s list of the best values for Nakoma apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Guilford Apartments | 3LG | 3BR,1.5BA | $1.20 |
| Whitcomb Square Senior Apartment Homes (55+) | 2 Bedroom | 2BR,2BA | $1.00 |
| The Derby | Two Bedroom Income Restricted | 2BR,2BA | $1.05 |
| Highland Ridge | C | 2BR,2BA | $1.47 |
| Brookstone Townhomes | Loft | 2BR,1.5BA | $1.51 |
| Garden Point Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.55 |
| THE HIGHLINE SENIOR APARTMENTS | One Bedroom One Bath | 1BR,1BA | $1.58 |
| Lamplighter Apartments | Newton | 1BR,1BA | $1.49 |
| 5022 Sheboygan - Postweiler | 5022 - 2BD | 2BR,1BA | $1.56 |
| Avalon Madison Village | 1 Bedroom 60% | 1BR,1BA | $1.29 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNakoma, Madison, WI
Ranked #36
Among neighborhoods in Madison, WI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Nakoma, Madison, WI
Cherokee Heights Middle
Madison Metropolitan School District
Public School - Grades 6-8 (553)
3 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Wisconsin and customized analysis for Southwest Central 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 rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Nakoma Neighborhood in Madison, WI
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Nakoma Apartments
What is a cheap apartment in Nakoma?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Nakoma is under $1,150.
What is the price of a cheap apartment in Nakoma?
The cheapest apartment in Nakoma is Avalon Madison Village which is listed at $1,005, while the average apartment in Nakoma costs $2,700.
What types of apartments are the cheapest in Nakoma?
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 9 regular apartments in Nakoma 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 Nakoma?
Cheap apartments in Nakoma have an average cost of $188 which is $2,512 cheaper than the average rent for all rentals in Nakoma.
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.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.