Cheap Apartments for Rent in the Near East Side Neighborhood of Madison, WI from $600 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Near East Side area of Madison.

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.

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.

property at 107 Rethke Ave

107 Rethke Ave

MadisonWI53714
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Algoma Apartments
Studio to 2 Bedroom Apartments

Algoma Apartments

404 Algoma StMadison, WI 53704
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Eastpointe
3 Bedroom Apartments

Eastpointe

309 Clyde Gallagher AveMadison, WI 53714
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Fair Oaks Apartments
Studio Apartments

Fair Oaks Apartments

3324 Milwaukee StMadison, WI 53714
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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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The André Apartments
1 to 3 Bedroom Apartments

The André Apartments

2350 Winnebago StMadison, WI 53704
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Enso Apartments
Studio Apartments

Enso Apartments

715 Rethke AveMadison, WI 53714
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914-16 N Oak St
2 Bedroom Apartments

914-16 N Oak St

914-16 N Oak StMadison, WI 53704
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Near East Side, Madison, WI Local Guide

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 $925. Madison Mayfair Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Near East Side apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Nature Valley ApartmentsStudioStudio,1BA$925
Madison Mayfair Apartments1 Bedroom1BR,1BA$1,000
Ridgeview Heights ApartmentsLrg. 1BR/1BA1BR,1BA$1,040
Eagle Harbor2 Bedroom 2 Bathroom2BR,2BA$1,064
Carbon at Union Corners2x1 Income Restricted2BR,2BA$1,287

Best Value Apartments for Rent in Near East Side, WI

As of July 23, 2025 the best value apartment in the Near East Side area is the $1.24 price per square foot 1207-5 Model at Woods Edge Townhomes in the in the Near East Side neighborhood starting from $1,799. The second greatest value Near East Side apartment is the 3x2 Income restricted Model at Carbon at Union Corners starting at $1,811 with a $1.41 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Woods Edge Townhomes1207-53BR,1.5BA$1.24
Carbon at Union Corners3x2 Income restricted3BR,2BA$1.41
Eagle Harbor3 Bedroom 2 Bathroom3BR,2BA$1.26
Ridge Creek Apartments2x10282BR,1BA$1.41
Kennedy PlaceOne Bedroom1BR,1BA$1.97
Madison Mayfair Apartments2 Bedroom2BR,1BA$1.60
Rise Apartments & The Starling at Rise1 Bed, 1 Bath - parking, internet, HULU1BR,1BA$2.09
Ridgeview Heights ApartmentsLrg. 1BR/1BA1BR,1BA$1.78
Nature Valley Apartments1 bed/ 1 bath1BR,1BA$2.10
Valued Stay AlohaStudiosStudio ,1BA$2.10

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Near East Side, Madison, WI

Ranked #61

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 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 $1,485.

What is the price of a cheap apartment in Near East Side?

The cheapest apartment in Near East Side is Madison Mayfair Apartments which is listed at $1,000, while the average apartment in Near East Side costs $2,080.

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 12 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 $243 which is $1,837 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.

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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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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.

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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.

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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.