Apartments for Rent in the Sherman Terrace Neighborhood of Madison, WI (652 Rentals)

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The Penny
Rent Specials
$1,585 - $3,500

Total Monthly Price

Base Rent$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
$1,845 - $1,945

Total Monthly Price

Base Rent$1,845 - $1,945
Total Monthly Price$1,845 - $1,945
1 Bedroom Apartments Available Soon

Virtue

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

Total Monthly Price

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
$1,491 - $4,950

Total Monthly Price

Base Rent$1,491 - $4,950
Total Monthly PriceVaries
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

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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ONE 09
Rent Specials
$1,775 - $14,130

Total Monthly Price

Base Rent$1,775 - $14,130
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

ONE 09

109 E Wilson StMadison, 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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Avenir Apartments
Rent Specials
$1,730 - $3,590

Total Monthly Price

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

Avenir Apartments

510 W Washington AveMadison, WI 53703
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The Edge
$1,575 - $3,720

Total Monthly Price

Base Rent$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
$1,970 - $4,075

Total Monthly Price

Base Rent$1,970 - $4,075
Total Monthly Price$1,970 - $4,075
1 to 2 Bedroom Apartments Available Now

The Pressman

117 South Hamilton StMadison, WI 53703
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Constellation
Rent Specials
$1,199 - $2,899

Total Monthly Price

Base Rent$1,199 - $2,899
Total Monthly Price$1,199 - $2,899
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 14

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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, September 13, 2026, there are currently 652 available Sherman Terrace apartments priced from $567 to $14,130, with an average monthly rent of $2,152.

How much are Studio apartments in Sherman Terrace?

There are currently 221 Studio Apartments in Sherman Terrace with rent ranges from $875 to $2,430 with an average price of $1,651.

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 $567 to $3,750 with an average monthly rent of $1,920.

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 $668 to $6,050. Today's average rental price for Two Bedrooms here is $2,444.

How expensive are Sherman Terrace Three Bedroom Apartments?

There are currently 169 Three Bedroom Apartments listings available in Sherman Terrace on ApartmentHomeLiving.com. The pricing ranges from $771 to $14,130 - averaging $2,861 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.

Helpful Local Expert Guides

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Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.

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An Insider's Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin

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Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

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I am Mike, your guide to student housing in the Greater Madison, Wisconsin, area. Madison is a terrific city that also is the Capital of Wisconsin.

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The Expert's Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison

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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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.