Cheap Apartments for Rent in the Near East Side Neighborhood of Madison, WI from $675 (44 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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Carbon
$771 - $1,943

Total Monthly Price

Base Rent$771 - $1,943

Total Monthly Price$771 - $1,943
1 to 3 Bedroom Apartments Available Now

Carbon

2418 Winnebago StMadison, WI 53704
Pet Friendly
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  • Utilities Included
  • Low Income
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2078 Atwood Ave
$899 - $950

Total Monthly Price

Base Rent$899 - $950

Total Monthly Price$899 - $950
Studio Apartment Available Now

2078 Atwood Ave

2078 Atwood AveMadison, WI 53704
Affordability
property at 714 N Oak St
$950 - $1,100
1 Bedroom Rentals
Available Now
Affordability

714 N Oak St

MadisonWI53704

Finding Your Place in Madison: Neighborhoods Close to the City’s Biggest Jobs

Finding the right Madison apartment near work is easy. Browse our guide to the best neighborhoods for professionals, from State-Langdon to Bay Creek.

property at 3541 Graceland Ave
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

3541 Graceland Ave, Unit A

3541 Graceland Ave
MadisonWI53704

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Nexus at Union Corners
$1,324 - $3,005

Total Monthly Price

Base Rent$1,324 - $3,005

Total Monthly Price$1,324 - $3,005
Studio to 3 Bedroom Apartments Available Now

Nexus at Union Corners

2521 East Washington AveMadison, WI 53704
Transit Friendly
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  • Customer Reviewed
  • 3D Tour
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Garver Point
Rent Specials
$1,445 - $2,640

Total Monthly Price

Base Rent$1,445 - $2,640

Total Monthly Price$1,445 - $2,640
Studio to 2 Bedroom Apartments Available Now

Garver Point

171 S Fair OaksMadison, WI 53704
Transit Friendly
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  • 3D Tour

Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

property at 2549 Upham St
$1,650
2 Bedroom, 1 Bath Home for Rent
Available Now

2549 Upham St

MadisonWI53704
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Kennedy Place
$1,750 - $2,300

Total Monthly Price

Base Rent$1,750 - $2,300

Total Monthly Price$1,750 - $2,300
1 to 2 Bedroom Apartments Available Now

Kennedy Place

2045 Atwood AveMadison, WI 53704
Corporate Housing
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  • Utilities Included
  • 3D Tour
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Velo 404
$1,835 - $2,195

Total Monthly Price

Base Rent$1,835 - $2,195

Total Monthly Price$1,835 - $2,195
1 Bedroom Apartments Available Now

Velo 404

404 Division StMadison, WI 53704
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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
  • Utilities Included
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Fair Oaks Apartments
Studio Apartments

Fair Oaks Apartments

3324 Milwaukee StMadison, WI 53714
  • Utilities Included
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The Andre Apartments
1 to 3 Bedroom Apartments

The Andre Apartments

2350 Winnebago StMadison, WI 53704
  • Utilities Included
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206 North St
1 Bedroom Apartments

206 North St

206 North StMadison, WI 53704
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Enso Apartments
Studio Apartments

Enso Apartments

715 Rethke AveMadison, WI 53714

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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914-16 N Oak St
2 Bedroom Apartments

914-16 N Oak St

914-16 N Oak StMadison, WI 53704
Corporate Housing
  • Utilities Included
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Woods Edge Townhomes
Studio to 3 Bedroom Apartments

Woods Edge Townhomes

1203-1211 MacArthur RdMadison, WI 53714

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 The Point on Washington priced from $949. Madison Mayfair Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Near East Side apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
The Point on WashingtonStandard StudioStudio,1BA$949
Madison Mayfair Apartments1 Bedroom1BR,1BA$999
Eagle Harbor1 Bedroom 1 Bathroom1BR,1BA$1,100
Rise-Madison1 Bed / 1 Bath1BR,1BA$1,112
McCormick Commons1 Bedroom - Upper1BR,1BA$1,125
The IntersectCul De Sac - 50% AMI1BR,1BA$1,187
Starkweather Place0A Floor PlanStudio,1BA$1,350
Carbon2/1 - 50%2BR,1BA$1,380
Fair OaksM Floor Plan (60LMI Income Restricted)1BR,1BA$1,390

Best Value Apartments for Rent in Near East Side, WI

As of September 10, 2026 the best value apartment in the Near East Side area is the $1.56 price per square foot 2/2 - 60% Model at Carbon in the in the Near East Side neighborhood starting from $1,685. The second greatest value Near East Side apartment is the Remodeled 3 Bedroom Model at Madison Mayfair Apartments starting at $1,599 with a $1.68 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.
Carbon2/2 - 60%2BR,2BA$1.56
Madison Mayfair ApartmentsRemodeled 3 Bedroom3BR,1BA$1.68
209 Kedzie St, Unit Apartment #2209 Kedzie St2BR,1BA$1.53
2069 Winnebago St, Unit 2069 A2069 Winnebago St2BR,1BA$1.61
Ridgeview Heights2 Bedroom 1 Bath - Renovated2BR,1BA$1.58
Kennedy PlaceOne Bedroom1BR,1BA$2.07
Rise-Madison1 Bed / 1 Bath1BR,1BA$1.46
McCormick Commons1 Bedroom - Lower1BR,1BA$1.61
Eagle Harbor1 Bedroom 1 Bathroom1BR,1BA$1.66
2078 Atwood Ave2078 Atwood AveStudio ,1BA$1.90

Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

Discover the best student housing neighborhoods for renting in Madison, Wisconsin! This guide covers apartments near the University of Wisconsin-Madison, Edgewood University, Herzing University, and Madison Area Technical College, detailing locations like Regent, Shorewood Hills, Dudgeon-Monroe, and more for your perfect college home.

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Don'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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Near East Side, Madison, WI

Ranked #67

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 $1,390.

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 $999, while the average apartment in Near East Side costs $1,575.

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 170 regular apartments in Near East Side that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

Helpful Local Expert Guides

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