Cheap Studio Apartments for Rent in the Sherman Terrace Neighborhood of Madison, WI from $475 (100 Rentals)

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
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
636 State St
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $2,700
Total Monthly Price
$1,050 - $2,700
Studio Apartment Available Jul 1

636 State St

636 State StMadison, WI 53703
Affordability
  • Smoke Free

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.

Read Article
close
View Me
The Constellation
$1,229 - $1,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,229 - $3,199
Total Monthly Price
$1,229 - $3,199
Studio Apartments Available Now

The Constellation

10 N Livingston StMadison, WI 53703
Transit Friendly
  • Verified
  • Utilities Included
  • Low Income

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.

Read Article
close
View Me
Garver Point
Rent Specials
$1,350 - $1,570
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $3,110
Total Monthly Price
$1,400 - $3,110
Studio Apartments Available Jun 1

Garver Point

171 S Fair OaksMadison, WI 53704
Family Friendly
  • Verified
  • Customer Reviewed
  • Smoke Free
close
View Me
Irwin
Rent Specials
$1,420 - $1,815
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $3,380
Total Monthly Price
$1,420 - $3,380
Studio Apartments Available Now

Irwin

838 Williamson StMadison, WI 53703
Pet Friendly
  • Verified
  • 3D Tour
  • 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.

Read Article
close
View Me
Cornerstone
$1,485
Total Monthly Price

Total Monthly Price

Base Rent
$1,485 - $2,015
Total Monthly Price
$1,485 - $2,015
Studio Apartments Available Aug 1

Cornerstone

266 Dunning StMadison, WI 53704
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
The Duncan
Rent Specials
$1,495 - $1,920
Total Monthly Price

Total Monthly Price

Base Rent
$1,555 - $4,944
Total Monthly Price
Varies
Studio Apartments Available Now

The Duncan

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

Madison's Best Affordable Neighborhoods

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

Read Article
Showing Results 1-50, Page 1 of 2

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 632 Howard Place which is listed at $895, 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

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 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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.