Cheap Apartments for Rent in the Near West Side Neighborhood of Madison, WI from $800 (71 Rentals)

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

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Shorewood Apartments
Rent Specials
$1,150 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,995
Total Monthly Price
$1,150 - $1,995
Studio to 2 Bedroom Apartments Available May 1

Shorewood Apartments

3009 University AveMadison, WI 53705
Furnished
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  • Customer Reviewed
  • Utilities Included

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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1917 Monroe St
$1,595 - $2,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $2,495
Total Monthly Price
$1,595 - $2,495
Studio to 2 Bedroom Apartment Available Aug 1

1917 Monroe St

1917 Monroe StMadison, WI 53711
Affordability
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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property at 409 Palomino Ln

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995
Total Monthly Price
$1,995

2 Bedroom, 1 Bath Condo for Rent

Available Jul 15, 2027

409 Palomino Ln, Unit 1B, Unit 1B

409 Palomino Ln
MadisonWI53705
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Otto's House
Studio to 1 Bedroom Apartments

Otto's House

2554 Kendall AveMadison, WI 53705
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Hedvin House
1 to 2 Bedroom Apartments

Hedvin House

2217 University AveMadison, WI 53726

Madison's Best Affordable Neighborhoods

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

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Near West Side, Madison, WI Local Guide

Cheapest Available Near West Side Apartments for Rent

 

The cheapest available apartment rental in the Near West Side area of Madison, WI is a Studio unit found at Allen House Apartments priced from $1,071. Oak Tree Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,500. Here are the most affordable Near West Side apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Allen House Apartments0x1-390Studio,1BA$1,071
Oak Tree Apartments2 Bed/2 Bath w/laundry - HUGE DISCOUNT!2BR,2BA$1,500
The Heights2BED 2BA (60%)2BR,2BA$1,595
3722 Speedway Rd1 Bed1BR,1BA$1,600
Arbor CrossingA1 Floor Plan (60LMI Income Restricted)2BR,2BA$1,620
501 Shepard Terrace2 Bed 1 Bath2BR,1BA$1,725
2104 University Ave2 Bed/1 Bath2BR,1BA$1,795
Woodland Reserve Apartments2 Bed, 1 Bath with Patio2BR,1BA$1,925
Oakland on MonroeThe Breese1BR,1BA$2,270

Best Value Apartments for Rent in Near West Side, WI

As of April 29, 2026 the best value apartment in the Near West Side area is the $1.85 price per square foot 2 Bed, 2 Bath Immediate Move-in Model at Woodland Reserve Apartments in the in the Near West Side neighborhood starting from $2,225. The second greatest value Near West Side apartment is the 2BED 2BA (60%) Model at The Heights starting at $1,595 with a $1.44 price per square foot in the Downtown Madison neighborhood. Here is today’s list of the best values for Near West Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodland Reserve Apartments2 Bed, 2 Bath Immediate Move-in2BR,2BA$1.85
The Heights2BED 2BA (60%)2BR,2BA$1.44
Arbor CrossingA1 Floor Plan (60LMI Income Restricted)2BR,2BA$1.56
3722 Speedway Rd2 Bed2BR,2BA$2.33
2104 University Ave2 Bed/1 Bath2BR,1BA$1.94
1812 Madison St, Unit #21812 Madison St3BR,1BA$2.18
501 Shepard Terrace2 Bed 1 Bath2BR,1BA$2.16
Oakland on MonroeThe Breese1BR,1BA$2.98
Oak Tree Apartments2 Bedroom/1 Bath2BR,1BA$2.48
Allen House Apartments0x1-390Studio ,1BA$2.75

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 West Side, Madison, WI

Ranked #75

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 West Side Apartments

What is a cheap apartment in Near West Side?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near West Side is under $2,270.

What is the price of a cheap apartment in Near West Side?

The cheapest apartment in Near West Side is 3722 Speedway Rd which is listed at $1,600, while the average apartment in Near West Side costs $5,195.

What types of apartments are the cheapest in Near West 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 8 regular apartments in Near West 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.

Articles, How-To's, and Tips

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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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.