Cheap Homes for Rent in Near East Side Neighborhood of Madison, WI from $1,600 (3 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

property at 2518 E. Johnson 2

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

2518 E. Johnson 2

MadisonWI53704

Near East Side, Madison, WI Local Guide

Best Value Apartments for Rent in Near East Side, WI

As of June 11, 2026 the best value apartment in the Near East Side area is the $1.36 price per square foot 2566 Hoard St Model at 2566 Hoard St, Unit Downstairs apartment in the in the Near East Side neighborhood starting from $1,380. The second greatest value Near East Side apartment is the 2bed1bath Model at 3401 Dawes St starting at $1,450 with a $1.53 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.
2566 Hoard St, Unit Downstairs apartment2566 Hoard St2BR,1BA$1.36
3401 Dawes St2bed1bath2BR,1BA$1.53
209 Kedzie St, Unit Apartment #2209 Kedzie St2BR,1BA$1.55
Madison Mayfair ApartmentsRemodeled 3 Bedroom3BR,1BA$1.68
Ridgeview Heights Apartments2 Bedroom 1 Bath - Renovated2BR,1BA$1.58
Kennedy PlaceOne Bedroom1BR,1BA$2.04
Commercial AvenueTwo Bedroom2BR,1BA$1.63
Rise-Madison1 Bed / 1 Bath1BR,1BA$1.46
McCormick Commons1 Bedroom - Lower1BR,1BA$1.81
Eagle Harbor1 Bedroom 1 Bathroom1BR,1BA$1.66

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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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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Quick Rent Budget Calculator

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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 #71

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 Near East Side

What type of rentals are currently available in Near East Side?

There are currently 80 Apartments for Rent in Near East Side, WI with pricing that ranges from $771 to $3,005. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near East Side ranging from $1,645 to $2,895.

What is the current price range for Rental Homes in Near East Side?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near East Side ranges from $1,645 to $2,895 with an average monthly rent of $2,334.

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

Written by: Mike Heuer

I am Mike, your guide to student housing in the Greater Madison, Wisconsin, area. Madison is a terrific city that also is the Capital of Wisconsin.

decorative image for An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin   article

An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin

Written by: Mike Heuer

Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.

Articles, How-To's, and Tips

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.