Cheap Apartments for Rent in the Near East Side Neighborhood of Madison, WI from $600 (22 Rentals)

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

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Algoma Apartments
Studio to 2 Bedroom Apartments

Algoma Apartments

404 Algoma StMadison, WI 53704
  • Utilities Included
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Eastpointe
1 to 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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Enso Apartments
Studio Apartments

Enso Apartments

715 Rethke AveMadison, WI 53714
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The Andre Apartments
1 to 3 Bedroom Apartments

The Andre Apartments

2350 Winnebago StMadison, WI 53704
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914-16 N Oak St
2 Bedroom Apartments

914-16 N Oak St

914-16 N Oak StMadison, WI 53704
  • Utilities Included

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. The Point on Washington has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Near East Side apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Nature Valley ApartmentsStudioStudio,1BA$925
The Point on WashingtonStandard StudioStudio,1BA$999
Madison Mayfair Apartments1 Bedroom1BR,1BA$1,000
Eagle Harbor2 Bedroom 2 Bathroom2BR,2BA$1,064
Ridgeview Heights ApartmentsLrg. 1BR/1BA1BR,1BA$1,200

Best Value Apartments for Rent in Near East Side, WI

As of September 08, 2025 the best value apartment in the Near East Side area is the $1.21 price per square foot 1203-2 Model at Woods Edge Townhomes in the in the Near East Side neighborhood starting from $1,749. 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 Townhomes1203-23BR,1.5BA$1.21
Carbon at Union Corners3x2 Income restricted3BR,2BA$1.41
Eagle Harbor3 Bedroom 2 Bathroom3BR,2BA$1.26
3322 Ridgeway Ave, Unit #13322 Ridgeway Ave2BR,1BA$1.29
209 Kedzie St, Unit Apartment #2209 Kedzie St2BR,1BA$1.53
174 Dixon St, Unit 174 Dixon St Unit 1174 Dixon St2BR,1BA$1.84
Madison Mayfair ApartmentsRemodeled 3 Bedroom3BR,1BA$1.68
2069 Winnebago St, Unit 2069 A2069 Winnebago St2BR,1BA$1.83
Commercial AvenueTwo Bedroom2BR,1BA$1.63
Ridgeview Heights ApartmentsLrg. 1BR/1BA1BR,1BA$2.06

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 $1,425.

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 $2,320.

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 16 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 $226 which is $2,094 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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.