
Cheap 1 Bedroom Apartments for Rent in the Sherman Terrace Neighborhood of Madison, WI from $1,000 (136 Rentals)


421 W Gilman St

Madison Mayfair Apartments

The Shield

Gargano Properties

509 N Lake St

New Langdon

406 W Mifflin St

Quisling Terrace

518 W Main St
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.

Capital Park Apartments

2018 N Sherman Ave

Rise-Madison

Baldwin Corners Apartments

The Oscar Family Apartments

The Victoria at Huxley Yards

The View at Huxley Yards

The Breese

402 W Wilson Street

City Row
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

632 Howard Place

The Oscar Senior Apartments

2214 Winnebago St, Unit #1

450 W Washington Ave, Unit 3

427-431 W Doty

Jenifer Place

College Station

McCormick Commons

414 State St

Rivers Edge Apartments
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.

Mendota Lakeshore Apartments

Capitol Centre Court Apartments

Butler Plaza

514 E Johnson St, Unit 2

129 E Gorham St, Unit 3

3009 Hermina St

Williamson Place

528 State St, Unit 1

2446 E Johnson St

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

Fair Oaks

Nexus at Union Corners

Washington Court Apartments

Ella

202-204 N Pinckney St

301 N Pinckney St

440-444 State St

1838 Spohn Ave

Bassett Walk

McBride Point
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.
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 | $1,643 | $850 | $3,030 |
Sherman Terrace 1 Bedroom Apartments | $2,059 | $1,000 | $4,290 |
| Sherman Terrace 2 Bedroom Apartments | $2,623 | $855 | $4,850 |
| Sherman Terrace 3 Bedroom Apartments | $2,750 | $675 | $6,450 |
| Sherman Terrace 4 Bedroom Apartments | $2,434 | $675 | $6,700 |
| Sherman Terrace 5 Bedroom Apartments | $2,251 | $1,199 | $8,150 |
Explore Madison
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 $1,070.
What is the price of a cheap apartment in Sherman Terrace?
The cheapest apartment in Sherman Terrace is 421 W Gilman St which is listed at $990, while the average apartment in Sherman Terrace costs $9,500.
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 229 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 $970 which is $8,530 cheaper than the average rent for all rentals in Sherman Terrace.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.