
Cheap Apartments for Rent in the Near East Side Neighborhood of Madison, WI from $600 (15 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

Madison Mayfair Apartments

2065 Winnebago St
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Rise-Madison

2210 Winnebago St, Unit 2

2709 E Johnson St

2214 Winnebago St, Unit #1

914-16 N Oak St
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Algoma Apartments

Eastpointe

Fair Oaks Apartments

The Andre Apartments

Enso Apartments
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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 | $1,329 | $895 | $1,725 |
| Near East Side 1 Bedroom Apartments | $1,583 | $995 | $2,340 |
| Near East Side 2 Bedroom Apartments | $1,999 | $1,050 | $3,450 |
| Near East Side 3 Bedroom Apartments | $2,473 | $1,300 | $3,560 |
Browse Apartments in this Neighborhood
There are currently 15 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
Cheapest Available Near East Side Apartments for Rent
 The cheapest available apartment rental in the Near East Side area of Madison, WI is a 1 Bed unit found at Eagle Harbor priced from $613. Nature Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Near East Side apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Harbor | 1 Bedroom 1 Bathroom | 1BR,1BA | $613 |
| Nature Valley Apartments | Studio | Studio,1BA | $895 |
| The Point on Washington | Standard Studio | Studio,1BA | $949 |
| Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
| Rise-Madison | 1 Bed / 1 Bath | 1BR,1BA | $1,112 |
Best Value Apartments for Rent in Near East Side, WI
As of January 23, 2026 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 3 Bedroom 2 Bathroom Model at Eagle Harbor starting at $1,426 with a $1.16 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 |
| Eagle Harbor | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.16 |
| The Andre Apartments | 2x2 | 2BR,2BA | $1.54 |
| Madison Mayfair Apartments | Remodeled 3 Bedroom | 3BR,1BA | $1.68 |
| Ridgeview Heights | 2 Bedroom 1 Bath | 2BR,1BA | $1.63 |
| 914-16 N Oak St | 2Bedroom | 2BR,1BA | $1.33 |
| 410 Pawling St, Unit 3 | 410 Pawling St | 2BR,1BA | $1.87 |
| Rise-Madison | 1 Bed / 1 Bath | 1BR,1BA | $1.50 |
| McCormick Commons | 1 Bedroom - Lower | 1BR,1BA | $1.76 |
| Nature Valley Apartments | 1 bed/ 1 bath | 1BR,1BA | $1.99 |
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 $1,350.
What is the price of a cheap apartment in Near East Side?
The cheapest apartment in Near East Side is Eagle Harbor which is listed at $613, while the average apartment in Near East Side costs $2,715.
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 23 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 $298 which is $2,417 cheaper than the average rent for all rentals in Near East Side.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.