Cheap Studio Apartments for Rent in the Nakoma Neighborhood of Madison, WI from $845 (38 Rentals)

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Vicino Madison
$1,061 - $1,867
Total Monthly Price

Total Monthly Price

Base Rent
$1,061 - $2,375

Total Monthly Price
$1,061 - $2,375
Studio Apartments Available May 1

Vicino Madison

1235 Regent StMadison, WI 53715
Pet Friendly
  • Verified
  • Utilities Included
  • Low Income

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.

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45 N Orchard St
Studio Apartments

45 N Orchard St

45 N Orchard StMadison, WI 53715
  • Utilities Included
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Randall Park Rentals
Studio Apartments

Randall Park Rentals

1308 Spring StMadison, WI 53715
Student Housing
  • Utilities Included
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Zurich Haus
Studio Apartments

Zurich Haus

2211 Carling DrMadison, WI 53711
  • Utilities Included

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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Otto's House
Studio Apartments

Otto's House

2554 Kendall AveMadison, WI 53705
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Orchard Court
Studio Apartments

Orchard Court

10 N Orchard StMadison, WI 53715
  • Utilities Included
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Kingston Place
Studio Apartments

Kingston Place

2553-2581 University AveMadison, WI 53705
  • Utilities Included
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210 N Charter St
Studio Apartments

210 N Charter St

210 N Charter StMadison, WI 53715
  • Utilities Included
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Grand Central
Studio Apartments

Grand Central

1022 W Johnson StMadison, WI 53715
  • Utilities Included

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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Bela Springs
Rent Specials
$1,335 - $1,360
Total Monthly Price

Total Monthly Price

Base Rent
$1,335 - $2,725

Total Monthly Price
$1,335 - $2,725
Studio Apartments Available Now

Bela Springs

2876 Index RdFitchburg, WI 53713
Eco-Friendly
  • Verified
  • 3D Tour
  • Smoke Free

Nakoma, Madison, WI Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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 1301 Spring St which is listed at $845, while the average apartment in Nakoma costs $5,395.

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 32 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 $353 which is $5,042 cheaper than the average rent for all rentals in Nakoma.

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.

Articles, How-To's, and Tips

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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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.