
Cheap Apartments for Rent in the Sherman Terrace Neighborhood of Madison, WI from $400 (237 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in the Sherman Terrace area of Madison.


219 E Mifflin St

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419 State St, Unit 2, Unit 2

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3176 Ridgeway Ave, Unit #4, Unit #4

McCormick Commons

College Station

Waterfront Apartments

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The Constellation

414 State St

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409 W Doty St, Unit 1, Unit 1
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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452 W Doty St, Unit 1, Unit 1

Butler Plaza

202-204 N Pinckney St

Capitol Centre Court Apartments

Mendota Lakeshore Apartments

Roundhouse Apartments

1027-1027 Jenifer St

514 E Johnson St, Unit 2, Unit 2

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Ridgeview Heights

402 W Dayton St, Unit 106
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.

Baldwin Corners Apartments

Inez Apartments

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613 State St, Unit 1, Unit 1

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445 W Wilson St, Unit B, Unit B

22 Dayton

Quisling Terrace

Commercial Avenue

Washington Court Apartments

Fair Oaks

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Nexus at Union Corners

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423 W Doty St

301 N Pinckney St

440-444 State St

2718 Commercial Ave

McBride Point

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16 N Broom St, Unit 3, Unit 3

The Hudson

Bassett Walk

421 W Gilman St

Briarwood Apartments

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Garver Point

110 S Blair St

415 Wisconsin Ave

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Irwin

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1932 Heath Ave, Unit April 2, Unit April 2

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Quarter Row at the Yards

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319 N Blair St, Unit 3, Unit 3

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Lincoln School

1319 Rutledge St

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109 E Gorham St
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 | $1,673 | $475 | $2,601 |
| Sherman Terrace 1 Bedroom Apartments | $1,961 | $525 | $3,922 |
| Sherman Terrace 2 Bedroom Apartments | $2,471 | $1,050 | $5,330 |
| Sherman Terrace 3 Bedroom Apartments | $2,895 | $675 | $10,000+ |
| Sherman Terrace 4 Bedroom Apartments | $2,437 | $650 | $6,700 |
| Sherman Terrace 5 Bedroom Apartments | $2,411 | $1,259 | $8,150 |
Browse Apartments in this Neighborhood
There are currently 237 rentals with your search options within a 2 mile radius of the Sherman Terrace Neighborhood of Madison, WI.
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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 590 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 $956 which is $4,894 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.

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.

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.

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.