Cheap 1 Bedroom Apartments for Rent in the Sherman Terrace Neighborhood of Madison, WI from $565 (126 Rentals)

Cardinal Apartments

Madison Mayfair Apartments
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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.

Ridgeview Heights Apartments

2018 N Sherman Ave

McCormick Commons

The Oscar Family Apartments

402 W Wilson Street
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.

219 E Mifflin St

The Oscar Senior Apartments

Cambridge Place

Capitol Centre Court Apartments

The Constellation

Mendota Lakeshore Apartments

427-431 W Doty

Williamson Place
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

202-204 N Pinckney St

2031 E Washington Ave

Mendota on Mansion Hill

City Place

The Madisonian Senior Apartments

The Hudson

2330 E Johnson St

309 N Pinckney St
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Washington Court Apartments

3Twenty Apartments

Courtyard Apartments, LLC.

2348 Superior St, Unit One

22 N Hancock St
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Butler Plaza
Sherman Terrace, Madison, WI Local Guide

How much does it cost to rent an apartment in Sherman Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sherman Terrace Studio Apartments | $1,784 | $750 | $5,800 |
Sherman Terrace 1 Bedroom Apartments | $2,120 | $565 | $3,800 |
Sherman Terrace 2 Bedroom Apartments | $2,841 | $780 | $7,000 |
Sherman Terrace 3 Bedroom Apartments | $2,434 | $742 | $6,430 |
Sherman Terrace 4 Bedroom Apartments | $1,793 | $750 | $5,300 |
Sherman Terrace 5 Bedroom Apartments | $1,454 | $699 | $7,277 |
Explore Madison
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 Cheap Sherman Terrace Apartments
What is a cheap apartment in Sherman Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherman Terrace is under $1,099.
What is the price of a cheap apartment in Sherman Terrace?
The cheapest apartment in Sherman Terrace is Hellenbrand Apartments which is listed at $945, while the average apartment in Sherman Terrace costs $2,810.
What types of apartments are the cheapest in Sherman Terrace?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 191 regular apartments in Sherman Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Sherman Terrace?
Cheap apartments in Sherman Terrace have an average cost of $987 which is $1,823 cheaper than the average rent for all rentals in Sherman Terrace.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.

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.