
Cheap Apartments for Rent in the Near East Side Neighborhood of Madison, WI from $600 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near East Side area of Madison.


Nature Valley Apartments

The Point on Washington

Eagle Harbor

Ridgeview Heights Apartments

Madison Mayfair Apartments
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2210 Winnebago St, Unit 2

2718 Commercial Ave

2214 Winnebago St, Unit #1

2709 E Johnson St

2416 E Washington Ave, Unit 1

Carbon at Union Corners

2446 E Johnson St
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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.

Nexus at Union Corners
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Near East Side, Madison, WI Local Guide

How much does it cost to rent an apartment in Near East Side?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near East Side Studio Apartments | $1,270 | $895 | $1,705 |
| Near East Side 1 Bedroom Apartments | $1,541 | $925 | $2,340 |
| Near East Side 2 Bedroom Apartments | $1,926 | $1,050 | $3,450 |
| Near East Side 3 Bedroom Apartments | $2,385 | $1,300 | $3,560 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 1 mile radius of the Near East Side Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
Near East Side, Madison, WI Local Guide
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Cheapest Available Near East Side Apartments for Rent
 The cheapest available apartment rental in the Near East Side area of Madison, WI is a Studio unit found at Nature Valley Apartments priced from $895. The Point on Washington has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable Near East Side apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Nature Valley Apartments | Studio | Studio,1BA | $895 |
| The Point on Washington | Standard Studio | Studio,1BA | $949 |
| Eagle Harbor | 1 Bedroom 1 Bathroom | 1BR,1BA | $991 |
| Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $1,050 |
| Rise-Madison | 1 Bed / 1 Bath | 1BR,1BA | $1,151 |
Best Value Apartments for Rent in Near East Side, WI
As of December 08, 2025 the best value apartment in the Near East Side area is the $1.41 price per square foot 3x2 Income restricted Model at Carbon at Union Corners in the in the Near East Side neighborhood starting from $1,811. The second greatest value Near East Side apartment is the 2 Bed / 2 Bath Model at Rise-Madison starting at $1,369 with a $1.18 price per square foot in the Near East Side neighborhood. Here is today’s list of the best values for Near East Side apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
| Rise-Madison | 2 Bed / 2 Bath | 2BR,2BA | $1.18 |
| The Andre Apartments | 2x2 | 2BR,2BA | $1.23 |
| Madison Mayfair Apartments | Remodeled 3 Bedroom | 3BR,1BA | $1.68 |
| 2069 Winnebago St, Unit 2069 A | 2069 Winnebago St | 2BR,1BA | $1.61 |
| Cornerstone | One Bed One Bath | 1BR,1BA | $1.92 |
| 142 S Marquette St, Unit 1 | 142 S Marquette St | 2BR,1BA | $1.94 |
| 2416 E Washington Ave, Unit 1 | 2416 E Washington Ave | 1BR,1BA | $1.85 |
| Eagle Harbor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.50 |
| 2078 Atwood Ave, Unit C | 2078 Atwood Ave | Studio ,1BA | $1.90 |
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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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 LifestyleNear East Side, Madison, WI
Ranked #60
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Near East Side Apartments
What is a cheap apartment in Near East Side?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near East Side is under $1,299.
What is the price of a cheap apartment in Near East Side?
The cheapest apartment in Near East Side is Rise-Madison which is listed at $639, while the average apartment in Near East Side costs $2,175.
What types of apartments are the cheapest in Near East Side?
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 Near East Side 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 Near East Side?
Cheap apartments in Near East Side have an average cost of $429 which is $1,746 cheaper than the average rent for all rentals in Near East Side.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!







