
Apartments for Rent with Specials in the Sherman Terrace Neighborhood of Madison, WI (36 Rentals)
Apartments in the Sherman Terrace area of Madison with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


Starkweather Place

The Adria 179 W. Wilson St.

Irwin North

The Victoria at Huxley Yards

ONE 09

Axton

Avenir Apartments

Arden
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.

NoVo

The Marling

Ridgeview Heights

Rise-Madison

Palisade Apartments

The Madison Mark

Domain

Waterfront Apartments

700 East 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

Washington Court Apartments

Ella

Rivers Edge Apartments

421 W Gilman St

Chapter at Madison

Valor on Washington

The Medallion: Fully Furnished Utilities Incl

Capitol Centre Court Apartments

106 S Hancock St
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.

Fair Oaks

Garver Point

City Row

402 W Wilson Street

Tuscan Place

137-141 N Franklin St

McKenzie Place Apartments

Hooker Avenue Apartments

Metropolitan Apartments
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.
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 | $1,642 | $850 | $3,030 |
| Sherman Terrace 1 Bedroom Apartments | $2,054 | $1,000 | $4,290 |
| Sherman Terrace 2 Bedroom Apartments | $2,620 | $855 | $4,845 |
| Sherman Terrace 3 Bedroom Apartments | $2,712 | $675 | $6,450 |
| Sherman Terrace 4 Bedroom Apartments | $2,434 | $675 | $6,700 |
| Sherman Terrace 5 Bedroom Apartments | $2,251 | $1,199 | $8,150 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Sherman Terrace Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
Top Madison Apartments in the Sherman Terrace Area with Move-In Specials Ending Soon
Specials updated: 01-29-2026Take advantage of these move-in and rent specials that are ending soon for top Sherman Terrace, WI apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Rivers Edge Apartments
Reduced Monthly Rent on Select 2 Bedroom Homes! Check Out The Kalmia Large Floor Plan Now!Expires 01-29-2026
Rise-Madison
1 month free on select units in "The Phoebe" if you move in within 2 weeks of application submission! If 55+, Call us today and find out how you can receive all of the following... if you apply same day as tour, security deposit is $99 for 1 BR and $199 for 2 BR. MOVE IN BY 02/28/26 and get all of this in the Starling building ONLY: March rent FREE, $500 credit to offset moving costs applied to ledger, AND 6 months free underground HEATED parking...perfect to avoid the snow. WOW - hurry in!Expires 01-29-2026
ONE 09
Sign a 13+ month lease and receive 1 month free base rent! PLUS get 3 months of free parking, for one car, when you lease a one- or two-bedroom home. Available for a limited time with no set end date. Restrictions may apply.Expires 01-29-2026
McKenzie Place Apartments
Tour today and lease within 48 hours to enjoy 2 months free rent (Select 2 bedrooms only), and a reduced $500 security deposit. (Move-in by 4/30 or prior)Expires 01-29-2026
700 East Apartments
Tour today and lease within 48 hours to enjoy 2 months free rent (Select 2 bedrooms only), and a reduced $500 security deposit. (Move-in by 4/30 or prior)Expires 01-29-2026
402 W Wilson Street
Move in by 2/15 and receive ONE MONTH FREE RENT & in-unit washer/dryer & FREE internet!Expires 01-29-2026
Chapter at Madison
Fully complete your application within 48 hours to automatically waive your application & admin fee! If you are qualifying with a guarantor, make sure they complete their portion too!Expires 01-30-2026
Waterfront Apartments
Back to School Special! For a limited time, enjoy exclusive pricing on the next two units only. 5-bedroom apartments start at $1,340 per room, 4-bedroom apartments start at $1,249 per room, and 3-bedroom apartments start at $1,310 per room. Plus, there’s no application fee.Expires 01-30-2026
Palisade Apartments
Back to School Special! For a limited time, take advantage of exclusive pricing on the next two units only. 4-bedroom apartments start at $1,225 per room, 3-bedroom apartments start at $1,249 per room, and there’s no application fee.Expires 01-30-2026
Axton
Move in now and get rewarded! Sign an immediate move-in lease by Sunday, January 18th to receive a $100 Gift Card for you AND a $100 Gift Card for your guarantor ($200 total value!). Don't wait—this offer expires soon!Expires 01-30-2026
Newly Listed Move-In Specials offers for Apartments in Sherman Terrace, WI
Specials updated: 01-29-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in Sherman Terrace, WI. Be sure to take advantage of some of the area’s top offers.
Irwin North
**First Month's Rent FREE + 12 Months of FREE Parking with a 12-Month Lease! Apply (and get approved) within one week of your showing and receive a $200 Amazon Gift Card upon move-in!!** (This promo applies to NEW tenants only)Expires 01-31-2026
137-141 N Franklin St
Discounted security deposits specials is $1000.00 for qualified applicants. If you don't have a car the rent is $2000.00/mn. if you do have a car the rent is $2,200.00/mn.Expires 01-31-2026
106 S Hancock St
One Month Free!Expires 07-31-2026
Hooker Avenue Apartments
The resident pay for electricity, heat is included. Size is approximately 600 sq ft., we are pet friendly, cats are $50.00 and dogs are $100.00/mn. Underground parking is available, ask about pricing.Expires 06-30-2026
Domain
Now offering exclusive rent savings on select apartment homes!Expires 02-28-2026
The Victoria at Huxley Yards
Kickoff Leasing Specials Available! For a limited time, we’re offering introductory rent discounts on select income-restricted homes: 60% AMI 1 Bedroom: $1,378 now $1,315 2 Bedroom: $1,614 now $1,550 70% AMI 1 Bedroom: $1,621 now $1,500 2 Bedroom: $1,906 now $1,800 Availability is limited—contact our team to learn more and see if you qualify.Expires 01-31-2026
Ridgeview Heights
*First Month Free* when you move in by February 1st!Expires 02-01-2026
Starkweather Place
2 Months Free Rent & Pet Rent Waived for Your First Pet + BONUS 1st Month FREE Parking if App is Submitted Within 24hrs of a Tour. (Limited Time Offer. Valid on Move-Ins Now Through 2/1/26. Restrictions May Apply.)Expires 02-01-2026
Capitol Centre Court Apartments
No application feesExpires 05-31-2026
The Penny
One Month Free Rent: Receive one month free rent when signing a 12 month lease.Expires 06-30-2026
Frequently Asked Questions about Rent Specials Sherman Terrace Apartments
What is the Cheapest Rent Specials apartment in Sherman Terrace?
Currently the most affordable Rent Specials Apartment in Sherman Terrace is at 106 S Hancock St listed at $890.
How much is the average rent for a Rent Specials Sherman Terrace Apartment?
The average rent for a Rent Specials Apartment in Sherman Terrace is $2,101.
What is the largest Rent Specials Sherman Terrace Apartment for rent?
Today's Rent Specials apartment with the most square footage in Sherman Terrace is a 1,666 square feet unit starting from $1,045 at Rivers Edge Apartments.
What is the average size for Sherman Terrace Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Sherman Terrace is currently at 559 sq ft.
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.