
Cheap Apartments for Rent in the Near East Side Neighborhood of Madison, WI from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near East Side area of Madison.


The Point on Washington

Madison Mayfair Apartments

Ridgeview Heights Apartments

Eagle Harbor
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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.

107 Rethke Ave

Carbon at Union Corners
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer
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 | $1,419 | $925 | $1,705 |
Near East Side 1 Bedroom Apartments | $1,679 | $1,000 | $2,340 |
Near East Side 2 Bedroom Apartments | $2,113 | $1,050 | $3,450 |
Near East Side 3 Bedroom Apartments | $2,298 | $1,300 | $3,560 |
Browse Apartments in this Neighborhood
There are currently 16 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 $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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Nature Valley Apartments | Studio | Studio,1BA | $925 |
Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
Ridgeview Heights Apartments | Lrg. 1BR/1BA | 1BR,1BA | $1,040 |
Eagle Harbor | 2 Bedroom 2 Bathroom | 2BR,2BA | $1,064 |
Carbon at Union Corners | 2x1 Income Restricted | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Woods Edge Townhomes | 1207-5 | 3BR,1.5BA | $1.24 |
Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
Eagle Harbor | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.26 |
Ridge Creek Apartments | 2x1028 | 2BR,1BA | $1.41 |
Kennedy Place | One Bedroom | 1BR,1BA | $1.97 |
Madison Mayfair Apartments | 2 Bedroom | 2BR,1BA | $1.60 |
Rise Apartments & The Starling at Rise | 1 Bed, 1 Bath - parking, internet, HULU | 1BR,1BA | $2.09 |
Ridgeview Heights Apartments | Lrg. 1BR/1BA | 1BR,1BA | $1.78 |
Nature Valley Apartments | 1 bed/ 1 bath | 1BR,1BA | $2.10 |
Valued Stay Aloha | Studios | Studio ,1BA | $2.10 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNear East Side, Madison, WI
Ranked #61
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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 $1,485.
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.

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.

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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
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