Apartments for Rent in the Sherman Terrace Neighborhood of Madison, WI (635 Rentals)

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The Penny
Rent Specials
$1,585 - $3,500
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$1,585 - $3,500
Total Monthly Price
$1,585 - $3,500
Studio to 3 Bedroom Apartments Available Mar 1, 2027

The Penny

320 S Brearly StMadison, WI 53703
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Virtue
Rent Specials
$1,895 - $2,895
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$1,895 - $2,895
Total Monthly Price
$1,895 - $2,895
1 to 2 Bedroom Apartments Available Now

Virtue

531 West Washington AvenueMadison, WI 53703
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Irwin
Rent Specials
$1,420 - $3,380
Total Monthly Price

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Base Rent
$1,420 - $3,380
Total Monthly Price
$1,420 - $3,380
Studio to 2 Bedroom Apartments Available Now

Irwin

838 Williamson StMadison, WI 53703
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The Duncan
Rent Specials
$1,510 - $4,944
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$1,510 - $4,944
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Studio to 3 Bedroom Apartments Available Now

The Duncan

1625 Lock LnMadison, WI 53703
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Nexus at Union Corners
$1,324 - $3,005
Total Monthly Price

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Base Rent
$1,324 - $3,005
Total Monthly Price
$1,324 - $3,005
Studio to 3 Bedroom Apartments Available Now

Nexus at Union Corners

2521 East Washington AveMadison, WI 53704
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Finding Your Place in Madison: Neighborhoods Close to the City’s Biggest Jobs

Finding the right Madison apartment near work is easy. Browse our guide to the best neighborhoods for professionals, from State-Langdon to Bay Creek.

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252 Dunning
$2,875 - $3,550
Total Monthly Price

Total Monthly Price

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$2,875 - $3,550
Total Monthly Price
$2,875 - $3,550
2 Bedroom Apartments Available Now

252 Dunning

252 Dunning StMadison, WI 53704
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ONE 09
Rent Specials
$1,725 - $14,130
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$1,725 - $14,130
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Studio to 3 Bedroom Apartments Available Now

ONE 09

109 E Wilson StMadison, WI 53703
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Avenir Apartments
Rent Specials
$1,730 - $3,590
Total Monthly Price

Total Monthly Price

Base Rent
$1,730 - $3,590
Total Monthly Price
$1,730 - $3,590
1 to 2 Bedroom Apartments Available Aug 1

Avenir Apartments

510 W Washington AveMadison, WI 53703
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Edge
$1,575 - $3,720
Total Monthly Price

Total Monthly Price

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$1,575 - $3,720
Total Monthly Price
$1,575 - $3,720
Studio to 3 Bedroom Apartments Available Now

The Edge

309 S Blount StMadison, WI 53703
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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Pressman
$3,455 - $4,075
Total Monthly Price

Total Monthly Price

Base Rent
$3,455 - $4,075
Total Monthly Price
$3,455 - $4,075
2 Bedroom Apartments Available Now

The Pressman

117 South Hamilton StMadison, WI 53703
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Constellation
$1,199 - $2,999
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Total Monthly Price

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$1,199 - $2,999
Total Monthly Price
$1,199 - $2,999
Studio to 3 Bedroom Apartments Available Now

Constellation

10 N Livingston StMadison, WI 53703
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Neighborhood & Market Insights: How to Choose the Right Area to Rent

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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Showing Results 1-50, Page 1 of 13

Sherman Terrace, Madison, WI Local Guide

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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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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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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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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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Madison. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Family-Friendly Rating

When renting for a family with young ones, location matters. Amongst all of the communities in Madison, Sherman Terrace is known as one of the best-regarded neighborhoods for families, with a score of 4.0 out of 4. Family Friendly ratings are based on community features and environments that help parents and children to thrive. Family Friendly submarkets provide resources like parks, and more.

Outdoors Rating

We think living with nice outdoor spaces is critically important. This area of town is a highly-rated area for its many the great outdoors, with a score of 4.0 out of 4.

Luxury Living Rating

This residential area has now become known as one of our preferred upscale communities in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like olympic-sized pools, on-site concierge services, park views, easy access to green space, and kitchen details like granite and high-end fixtures. Other luxury items often include wood-burning fireplaces, raquetball courts, and for some communities, even a doorman to greet residents.

Pet Friendly Rating

Pet owners, listen up! this area is now ranked as one of the finest neighborhoods for renters with pets, with a score of 4.0 out of 4.

Frequently Asked Questions about Sherman Terrace

What is the current pricing and availability for apartments for rent in the Sherman Terrace area of Madison, WI?

As of today, July 29, 2026, there are currently 635 available Sherman Terrace apartments priced from $771 to $14,130, with an average monthly rent of $2,137.

How much are Studio apartments in Sherman Terrace?

There are currently 217 Studio Apartments in Sherman Terrace with rent ranges from $920 to $2,601 with an average price of $1,683.

What is the current price range for One Bedroom Sherman Terrace Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Sherman Terrace ranges from $803 to $3,750 with an average monthly rent of $1,947.

What does renting a Two Bedroom Apartment in Sherman Terrace cost?

The monthly rent prices of Two Bedroom Apartments currently available in Sherman Terrace range from $771 to $6,735. Today's average rental price for Two Bedrooms here is $2,478.

How expensive are Sherman Terrace Three Bedroom Apartments?

There are currently 155 Three Bedroom Apartments listings available in Sherman Terrace on ApartmentHomeLiving.com. The pricing ranges from $1,000 to $14,130 - averaging $2,886 for the location.

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.

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