Apartments for Rent in the Sherman Terrace Neighborhood of Madison, WI (579 Rentals)

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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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Sherman Terrace, Madison, WI Local Guide

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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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.

Getting Around the Sherman Terrace Neighborhood in Madison, WI

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

92 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Sherman Terrace

How much are Studio apartments in Sherman Terrace?

There are currently 149 Studio Apartments in Sherman Terrace with rent ranges from $845 to $2,585 with an average price of $1,613.

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 $565 to $4,500 with an average monthly rent of $1,931.

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 $780 to $7,000. Today's average rental price for Two Bedrooms here is $2,592.

How expensive are Sherman Terrace Three Bedroom Apartments?

There are currently 121 Three Bedroom Apartments listings available in Sherman Terrace on ApartmentHomeLiving.com. The pricing ranges from $730 to $5,828 - averaging $2,302 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.