Cheap 1 Bedroom Apartments for Rent in the Sherman Terrace Neighborhood of Madison, WI from $525 (155 Rentals) Page 2 of 4

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

close
View Me
415 Wisconsin Ave
Rent Specials
$1,415 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450
1 Bedroom Apartments Available Aug 1

415 Wisconsin Ave

415 Wisconsin AveMadison, WI 53703
Transit Friendly
  • Verified
  • Utilities Included
close
View Me
Lincoln School
$1,425 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,450

Total Monthly Price
$1,425 - $2,450
1 Bedroom Apartments Available Now

Lincoln School

720 E Gorham StMadison, WI 53703
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
The Duncan
$1,445 - $3,130
Total Monthly Price

Total Monthly Price

Base Rent
$1,505 - $4,944

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

The Duncan

1625 Lock LnMadison, WI 53703
Senior Living
  • Verified
  • Customer Reviewed

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

close
View Me
Factory District
Rent Specials
$1,470 - $1,755
Total Monthly Price

Total Monthly Price

Base Rent
$1,515 - $3,510

Total Monthly Price
$1,515 - $3,510
1 Bedroom Apartments Available Now

Factory District

1222 E Washington AveMadison, WI 53703
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
City Place
$1,485 - $1,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,485 - $2,270

Total Monthly Price
$1,485 - $2,270
1 Bedroom Apartments Available Aug 3

City Place

430 W Main StMadison, WI 53703
Transit Friendly
  • Verified
  • Utilities Included
  • Smoke Free

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.

close
View Me
Garver Point
Rent Specials
$1,580 - $2,045
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $2,720

Total Monthly Price
$1,375 - $2,720
1 Bedroom Apartments Available Now

Garver Point

171 S Fair OaksMadison, WI 53704
Family Friendly
  • Verified
  • Customer Reviewed
  • Smoke Free

Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

close
View Me
Bellevue Apartments
1 Bedroom Apartments

Bellevue Apartments

29 E Wilson StMadison, WI 53703
  • Utilities Included
close
View Me
Laketowne Apartments
1 Bedroom Apartments

Laketowne Apartments

622 Howard PlMadison, WI 53703
  • Utilities Included
close
View Me
143-145 W Gilman St
1 Bedroom Apartments

143-145 W Gilman St

143-145 W Gilman StMadison, WI 53703
  • Utilities Included
close
View Me
227 Langdon St
1 Bedroom Apartments

227 Langdon St

227 Langdon StMadison, WI 53703
  • Utilities Included
close
View Me
118 W Johnson St
1 Bedroom Apartments

118 W Johnson St

118 W Johnson StMadison, WI 53703
  • Utilities Included
close
View Me
Algoma Apartments
1 Bedroom Apartments

Algoma Apartments

404 Algoma StMadison, WI 53704
  • Utilities Included
close
View Me
105 1/2 State Street
1 Bedroom Apartments

105 1/2 State Street

105 1/2 State StMadison, WI 53703
  • Utilities Included
close
View Me
Norris Court
1 Bedroom Apartments

Norris Court

301 Norris CtMadison, WI 53703
  • Utilities Included
close
View Me
The Ambassador
1 Bedroom Apartments

The Ambassador

522 N Pinckney StMadison, WI 53703
  • Utilities Included
close
View Me
The Lakeshore
1 Bedroom Apartments

The Lakeshore

122 E Gilman StMadison, WI 53703
Student Housing
  • Utilities Included

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.

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 Madison Mayfair Apartments which is listed at $999, while the average apartment in Sherman Terrace costs $5,850.

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 718 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 $955 which is $4,895 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.

Helpful Local Expert Guides

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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.

decorative image for Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI article

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

Written by: Mike Heuer

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.

decorative image for An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin   article

An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin

Written by: Mike Heuer

Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.