Cheap Apartments for Rent in the Old Market Place Neighborhood of Madison, WI from $400 (178 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Market Place area of Madison.

property at 522 W Wilson St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

Studio, 1 Bath Home for Rent

Available Aug 15

522 W Wilson St

MadisonWI53703

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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636 State St
$1,050 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,300
Total Monthly Price
$1,050 - $1,300
Studio to 1 Bedroom Apartment Available Jul 1

636 State St

636 State StMadison, WI 53703
Affordability
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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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137 E Gorham St
$1,150 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,800
Total Monthly Price
$1,150 - $1,800
Studio to 2 Bedroom Apartment Available Aug 15

137 E Gorham St

137 E Gorham StMadison, WI 53703
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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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The Constellation
Rent Specials
$1,199 - $3,299
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $3,299
Total Monthly Price
$1,199 - $3,299
Studio to 3 Bedroom Apartments Available Now

The Constellation

10 N Livingston StMadison, WI 53703
Transit Friendly
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121 N Hancock St
$1,200 - $1,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,425
Total Monthly Price
$1,200 - $1,425
Studio to 1 Bedroom Apartment Available Aug 15

121 N Hancock St

121 N Hancock StMadison, WI 53703
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The Art of the Rental Viewing: What to look for during a property tour

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.

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Old Market Place, Madison, WI Local Guide

Cheapest Available Old Market Place Apartments for Rent

 

The cheapest available apartment rental in the Old Market Place area of Madison, WI is a Studio unit found at 632 Howard Place priced from $895. 228 Langdon St has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here are the most affordable Old Market Place apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
632 Howard Place632 Howard Place - 303Studio,1BA$895
228 Langdon StStudioStudio,1BA$990
The BayshoreStudioStudio,1BA$1,025
Greenspire Wilson Apartments0BR/1.0BAStudio,1BA$1,040
Varsity Campus Apartments4-Bedroom, 2-Bath4BR,2BA$1,065
City RowA1 (50LMI Income Restricted)Studio,1BA$1,070
Langdon Hall ApartmentsStudiosStudio,1BA$1,085
126-128 S Franklin St1 BR1BR,1BA$1,100
The Badger Den Apartments on GilmanWarnerStudio,1BA$1,129

Best Value Apartments for Rent in Old Market Place, WI

As of May 09, 2026 the best value apartment in the Old Market Place area is the $1.08 price per square foot 855 E Gorham St Model at 855 E Gorham St, Unit 855 in the in the The Isthmus neighborhood starting from $2,600. The second greatest value Old Market Place apartment is the 17 N Bassett St Model at 17 N Bassett St, Unit 2 starting at $2,360 with a $1.25 price per square foot in the The Isthmus neighborhood. Here is today’s list of the best values for Old Market Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
855 E Gorham St, Unit 855855 E Gorham St4BR,2BA$1.08
17 N Bassett St, Unit 217 N Bassett St4BR,2BA$1.25
Pres House ApartmentsBedroom (Shared)4BR,2BA$1.37
127 N Franklin St, Unit 127127 N Franklin St3BR,1BA$1.67
447 W Mifflin St, Unit 1447 W Mifflin St3BR,1BA$1.64
City PlaceTwo Bedroom Two Bathroom2BR,2BA$1.54
229 Lakelawn *Student Housing*4 Bedroom 26-27 School Year / Room4BR,3BA$1.18
Valor on WashingtonTwo Bedroom2BR,1BA$1.32
Collegiate Campus Apartments3 Bedroom 2 Bath Lake Views (7th/8th Floor)3BR,2BA$0.74
402 W Wilson StreetThe Lakeshore2BR,2BA$1.67

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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Pet Friendly Lifestyle
Old Market Place, Madison, WI

Ranked #7

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States including Old Market Place, Madison, and the greater Madison area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Old Market Place Apartments

What is the Cheapest Studio apartment in Old Market Place?

Currently the most affordable Cheap Studio Apartment in Old Market Place is at 632 Howard Place listed at $895.

How much is rent for a Cheap One Bedroom Old Market Place Apartment?

The lowest price for a Cheap One Bedroom Old Market Place Apartment is $1,095 at The Bayshore.

What is the lowest price for a Cheap Two Bedroom Old Market Place Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old Market Place is starting from $1,195 at Varsity Campus Apartments.

What is the most affordable Old Market Place Three Bedroom Apartment?

The best deal on a cheap Old Market Place Three Bedroom Apartment rental is at Waterfront Apartments and starts from $1,225.

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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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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