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$900Studio Apartments Available May 1
114 W Gilman St, Unit 7
114 W Gilman StMadison, WI 53703
Cheap Homes for Rent in Old Market Place Neighborhood of Madison, WI from $1,400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Market Place area of Madison.
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$950Studio Apartments Available Aug 14
114 W Gilman St, Unit 11
114 W Gilman StMadison, WI 53703
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$950Studio Apartments Available Aug 15
454 W Dayton St
454 W Dayton StMadison, WI 53703
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$9501 Bedroom Apartments Available Aug 14
114 W Gilman St, Unit 14
114 W Gilman StMadison, WI 53703
213 S Broom St, Unit 3, Unit 3
213 S Broom 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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$1,5851 Bedroom Apartments Available Aug 15
402 W Dayton St, Unit 314
402 W Dayton StMadison, WI 53703
819 E Gorham St
MadisonWI53703
828-830 E Johnson St
MadisonWI53703
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$1,8002 Bedroom Apartments Available Aug 15
1129 Elizabeth St, Unit 1
1129 Elizabeth StMadison, WI 53703
309 W Washington Ave
MadisonWI53703
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.
849 Prospect Pl
MadisonWI53703
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Old Market Place, Madison, WI Local Guide
How much does it cost to rent a home in Old Market Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Market Place 2 Bedroom Homes for Rent | $2,477 | $1,645 | $3,200 |
| Old Market Place 3 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
| Old Market Place 4 Bedroom Homes for Rent | $3,474 | $3,200 | $3,749 |
| Old Market Place 5 Bedroom Homes for Rent | $2,966 | $2,400 | $3,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 1 mile radius of the Old Market Place Neighborhood of Madison, WI.
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Old Market Place, Madison, WI Local Guide
- Nearby Madison neighborhoods
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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. 22 N Franklin St has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable Old Market Place apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 632 Howard Place | 632 Howard Place - 303 | Studio,1BA | $895 |
| 22 N Franklin St | Studio A | Studio,1BA | $915 |
| 228 Langdon St | Studio | Studio,1BA | $990 |
| The Bayshore | Studio | Studio,1BA | $1,025 |
| Greenspire Wilson Apartments | 0BR/1.0BA | Studio,1BA | $1,040 |
Best Value Apartments for Rent in Old Market Place, WI
As of April 26, 2026 the best value apartment in the Old Market Place area is the $1.09 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 $2,625. The second greatest value Old Market Place apartment is the Bedroom (Shared) Model at Pres House Apartments starting at $1,700 with a $1.37 price per square foot in the Downtown Madison neighborhood. Here is today’s list of the best values for Old Market Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 855 E Gorham St, Unit 855 | 855 E Gorham St | 4BR,2BA | $1.09 |
| Pres House Apartments | Bedroom (Shared) | 4BR,2BA | $1.37 |
| 127 N Franklin St, Unit 127 | 127 N Franklin St | 3BR,1BA | $1.67 |
| 207 S Broom St, Unit #2 | 207 S Broom St | 3BR,1BA | $1.69 |
| City Place | Two Bedroom Two Bathroom | 2BR,2BA | $1.54 |
| 229 Lakelawn *Student Housing* | 4 Bedroom 26-27 School Year / Room | 4BR,3BA | $1.18 |
| Collegiate Campus Apartments | 3 Bedroom 2 Bath Lake Views (7th/8th Floor) | 3BR,2BA | $0.74 |
| 402 W Wilson Street | The Lakeshore | 2BR,2BA | $1.67 |
| Sheelin Apartments | One bed | 1BR,1BA | $1.77 |
| Bedford Crossing | 1BR/1.0BA | 1BR,1BA | $1.69 |
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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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 LifestyleOld Market Place, Madison, WI
Ranked #9
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Old Market Place
What type of rentals are currently available in Old Market Place?
There are currently 490 Apartments for Rent in Old Market Place, WI with pricing that ranges from $650 to $14,130. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Market Place ranging from $1,450 to $3,749.
What is the current price range for Rental Homes in Old Market Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Market Place ranges from $1,450 to $3,749 with an average monthly rent of $2,595.
How much are larger Three and Four Bedroom Rentals in Old Market Place?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Old Market Place range from $675 to $14,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $2,100. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $650.
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
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.
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.
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.
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.