Cheap Homes for Rent in the Sherman Terrace Neighborhood of Madison, WI from $1,100 (21 Rentals)

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Search the lowest-cost Homes available for rent right now in the Sherman Terrace area of Madison.

property at 714 N Oak St

$1,025 - $1,100

1 Bedroom Rentals

Available Now

714 N Oak St

MadisonWI53704

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property at 3541 Graceland Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom, 1 Bath Townhome for Rent

Available Now

3541 Graceland Ave, Unit A

3541 Graceland Ave
MadisonWI53704

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property at 3503 Albert Ct

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3503 Albert Ct

MadisonWI53714
property at 1034 E Johnson St

$1,490

Total Monthly Price

Total Monthly Price

Base Rent
$1,490
Total Monthly Price
$1,490

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1034 E Johnson St, Unit JO1

1034 E Johnson St
MadisonWI53703

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Showing Results 1-21, Page 1 of 1

Cheapest Available Sherman Terrace Apartments for Rent

 

The cheapest available apartment rental in the Sherman Terrace area of Madison, WI is a 2 Beds unit found at 134 E Johnson priced from $825. 509 N Lake St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Sherman Terrace apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
134 E JohnsonTwo Bedroom2BR,2BA$825
509 N Lake StOne-Bed1BR,1BA$850
Theory MadisonD94BR,4BA$865
Courtyard Apartments0BR/1.0BAStudio,1BA$895
Metropolitan ApartmentsStudio, 1 bathStudio,1BA$900

Best Value Apartments for Rent in Sherman Terrace, WI

As of August 18, 2026 the best value apartment in the Sherman Terrace area is the $0.44 price per square foot 4 Bed 2 Bath Model at 111 E Gorham St in the in the The Isthmus neighborhood starting from $700. The second greatest value Sherman Terrace apartment is the Two Bedroom Model at 134 E Johnson starting at $825 with a $0.66 price per square foot in the The Isthmus neighborhood. Here is today’s list of the best values for Sherman Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
111 E Gorham St4 Bed 2 Bath4BR,2BA$0.44
134 E JohnsonTwo Bedroom2BR,2BA$0.66
514 E Johnson St514 E Johnson St1BR,1BA$1.08
Pres House ApartmentsBedroom (Shared)4BR,2BA$1.37
Collegiate Campus Apartments4 Bedroom 2 Bath City Views (7th/8th Floor)4BR,2BA$0.61
916 E Gorham St2BR/1.0BA2BR,1BA$1.45
Cambridge Place1BR1BR,1BA$1.37
Rise-Madison1 Bed / 1 Bath1BR,1BA$1.46
Morgan House2 Bedroom, 1 Bathroom2BR,1BA$1.14
269 Waubesa St, Unit two269 Waubesa St1BR,1BA$1.29

Frequently Asked Questions about Sherman Terrace

What type of rentals are currently available in Sherman Terrace?

There are currently 633 Apartments for Rent in Sherman Terrace, WI with pricing that ranges from $650 to $14,130. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman Terrace ranging from $1,100 to $3,600.

What is the current price range for Rental Homes in Sherman Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherman Terrace ranges from $1,100 to $3,600 with an average monthly rent of $1,883.

How much are larger Three and Four Bedroom Rentals in Sherman Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Sherman Terrace range from $675 to $14,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $650.

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.

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