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$1,400 - $1,8001 Bedroom Apartments Contact Us For Availability
Bedford Crossing
201 S Bedford StMadison, WI 53703
Cheap 1 Bedroom Apartments for Rent in the Sherman Terrace Neighborhood of Madison, WI from $900 (132 Rentals) Page 2 of 3
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$1,4251 Bedroom Apartment Available Aug 15, 2026
109 E Gorham St, Unit 3
109 E Gorham StMadison, WI 53703
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$1,475 - $1,8751 Bedroom Apartments Available Mar 1, 2026
Quarter Row at the Yards
601 W Doty StMadison, WI 53703
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$1,479 - $1,4991 Bedroom Apartments Available Aug 15, 2026
Inez Apartments
511 W Johnson StMadison, WI 53703
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$1,495 - $1,5751 Bedroom Apartments Available Aug 15, 2026
22 N Hancock St
22 N Hancock StMadison, WI 53703
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$1,500 - $1,6501 Bedroom Apartments Available Aug 15, 2026
Langdon Hall Apartments
633 Langdon StMadison, WI 53703
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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$1,530 - $1,6451 Bedroom Apartments Available Now
Mendota on Mansion Hill
116 E Gilman StMadison, WI 53703
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$1,540 - $1,9051 Bedroom Apartments Available Now
Nichols Station Apartments
427 E Gorham StMadison, WI 53703
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Rent Specials
$1,550 - $1,7451 Bedroom Apartments Available Now
Starkweather Place
215 N Fair Oaks AveMadison, WI 53714
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$1,595 - $2,2601 Bedroom Apartments Available Now
The Depot Apartments
18-26 S Bedford StMadison, WI 53703
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$1,595 - $1,8101 Bedroom Apartments Available Dec 31
Factory District
1222 E Washington AveMadison, WI 53703
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$1,595 - $2,2401 Bedroom Apartments Available Now
Washington Plaza
425 W Washington AveMadison, WI 53703
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1319 Rutledge St
MadisonWI53703
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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$1,599 - $1,7991 Bedroom Apartments Available Now
Veritas Village
110 N Livingston StMadison, WI 53703
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$1,600 - $1,6501 Bedroom Apartments Available Now
Sheelin Apartments
424 W Mifflin StMadison, WI 53703
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Sherman Terrace, Madison, WI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Sherman Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherman Terrace Studio Apartments | $1,679 | $775 | $3,030 |
Sherman Terrace 1 Bedroom Apartments | $2,037 | $900 | $4,735 |
| Sherman Terrace 2 Bedroom Apartments | $2,680 | $750 | $7,000 |
| Sherman Terrace 3 Bedroom Apartments | $2,944 | $1,119 | $6,450 |
| Sherman Terrace 4 Bedroom Apartments | $2,530 | $1,099 | $6,700 |
| Sherman Terrace 5 Bedroom Apartments | $2,276 | $1,199 | $8,150 |
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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 $1,070.
What is the price of a cheap apartment in Sherman Terrace?
The cheapest apartment in Sherman Terrace is Rise-Madison which is listed at $639, 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 180 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 $968 which is $8,532 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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!