Cheap Homes for Rent in Near West Side Neighborhood of Madison, WI from $1,900 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Near West 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.

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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

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.

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Showing Results 1-9, Page 1 of 1

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

Best Value Apartments for Rent in Near West Side, WI

As of April 27, 2026 the best value apartment in the Near West Side area is the $1.63 price per square foot 3 BED 2 BA Model at The Heights in the in the Downtown Madison neighborhood starting from $2,265. The second greatest value Near West Side apartment is the 2 Bed, 2 Bath Immediate Move-in Model at Woodland Reserve Apartments starting at $2,225 with a $1.85 price per square foot in the Near West Side 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.
The Heights3 BED 2 BA3BR,2BA$1.63
Woodland Reserve Apartments2 Bed, 2 Bath Immediate Move-in2BR,2BA$1.85
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 Apartments0x1-361Studio ,1BA$3.18

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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Quick Rent Budget Calculator

How much rent can you afford?

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 Near West Side

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

There are currently 87 Apartments for Rent in Near West Side, WI with pricing that ranges from $770 to $5,195. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near West Side ranging from $1,995 to $3,300.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near West Side ranges from $1,995 to $3,300 with an average monthly rent of $2,889.

How much are larger Three and Four Bedroom Rentals in Near West Side?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Near West Side range from $1,750 to $2,709, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,200 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $2,550.

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.

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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.