
Cheap Apartments for Rent in the Near East Side Neighborhood of Madison, WI from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near East Side area of Madison.


The Point on Washington

Eagle Harbor

Madison Mayfair Apartments

Ridgeview Heights Apartments

Rise-Madison
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.

2416 Atwood Ave

Carbon at Union Corners

2718 Commercial Ave
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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.
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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 | $1,344 | $895 | $1,705 |
Near East Side 1 Bedroom Apartments | $1,565 | $925 | $2,340 |
Near East Side 2 Bedroom Apartments | $1,924 | $1,050 | $3,450 |
Near East Side 3 Bedroom Apartments | $2,277 | $1,300 | $3,560 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 1 mile radius of the Near East Side Neighborhood of Madison, WI.
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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 | $1,000 |
Rise-Madison | 1 Bed / 1 Bath | 1BR,1BA | $1,151 |
Best Value Apartments for Rent in Near East Side, WI
As of October 23, 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 3388 E Washington Ave Model at 3388 E Washington Ave, Unit #2 starting at $1,395 with a $1.44 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 |
3388 E Washington Ave, Unit #2 | 3388 E Washington Ave | 2BR,1BA | $1.44 |
Madison Mayfair Apartments | Remodeled 3 Bedroom | 3BR,1BA | $1.68 |
209 Kedzie St, Unit Apartment #2 | 209 Kedzie St | 2BR,1BA | $1.53 |
2069 Winnebago St, Unit 2069 A | 2069 Winnebago St | 2BR,1BA | $1.72 |
Velo 404 | One Bedroom | 1BR,1BA | $1.93 |
Rise-Madison | 1 Bed / 1 Bath | 1BR,1BA | $1.55 |
Eagle Harbor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.50 |
Ridgeview Heights Apartments | Lrg. 1BR/1BA | 1BR,1BA | $2.06 |
Nature Valley Apartments | Studio | Studio ,1BA | $1.99 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 #62
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 the Cheapest Studio apartment in Near East Side?
Currently the most affordable Cheap Studio Apartment in Near East Side is at Nature Valley Apartments listed at $895.
How much is rent for a Cheap One Bedroom Near East Side Apartment?
The lowest price for a Cheap One Bedroom Near East Side Apartment is $925 at Nature Valley Apartments.
What is the lowest price for a Cheap Two Bedroom Near East Side Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Near East Side is starting from $1,050 at Madison Mayfair Apartments.
What is the most affordable Near East Side Three Bedroom Apartment?
The best deal on a cheap Near East Side Three Bedroom Apartment rental is at Madison Mayfair Apartments and starts from $1,300.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.