
Cheap Apartments for Rent in the Sherman Village Neighborhood of Madison, WI from $700 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Village area of Madison.


Port Vista

1617 Troy Dr

North Park Apartments

3613 Kipling Dr

2409 Brentwood Pkwy

Hooker Avenue Apartments

2018 N Sherman Ave, Unit 18

Lake Pointe
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1826 Schlimgen Ave, Unit 1826

Elka Lane Apartments

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Northshore Estates

2401 Brentwood Pkwy, Unit 3

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Northern Bluffs

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Londonderry Lofts

Tennyson Ridge

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3737 E Karstens Dr, Unit #4

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PACKTENN
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Woodland Commons Madison

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2502 Fremont Ave, Unit 3

1402 Northport Dr

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Granite Ridge Apartments

1612 Packers Ave

Northpointe

2405 Monterey Dr

Pine Ridge Apartments No Vacancies

2406 Calypso Rd
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

2502 Brentwood Pkwy

Tennyson Heights Apartments

2410 Calypso Rd

PMM

Prism

2505 Calypso Rd

Harper Apartments

513 Troy Dr

Essex Apartment Homes
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Sherman Village, Madison, WI Local Guide

How much does it cost to rent an apartment in Sherman Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherman Village Studio Apartments | $1,068 | $999 | $1,165 |
| Sherman Village 1 Bedroom Apartments | $1,349 | $1,100 | $1,550 |
| Sherman Village 2 Bedroom Apartments | $1,449 | $1,085 | $1,895 |
| Sherman Village 3 Bedroom Apartments | $1,411 | $1,349 | $1,450 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Sherman Village Neighborhood of Madison, WI.
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Sherman Village, Madison, WI Local Guide
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Cheapest Available Sherman Village Apartments for Rent
 The cheapest available apartment rental in the Sherman Village area of Madison, WI is a 1 Bed unit found at Marina Park Apartments priced from $950. Port Vista has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Sherman Village apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Marina Park Apartments | 10 Sherman Terr | 1BR,1BA | $950 |
| Port Vista | Studio | Studio,1BA | $999 |
| Tennyson Heights Apartments | 1x1-630 | 1BR,1BA | $1,125 |
| Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1,200 |
| Northshore Estates | One Bedroom | 1BR,1BA | $1,200 |
| Northern Bluffs | 2 Bedroom | 2BR,1BA | $1,299 |
| Londonderry Lofts | Large Loft | 1BR,1BA | $1,300 |
| Tennyson Ridge | 1-Bed Market | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Sherman Village, WI
As of July 23, 2026 the best value apartment in the Sherman Village area is the $1.25 price per square foot 2 Bedroom Model at Northern Bluffs in the in the Berkeley Oaks neighborhood starting from $1,299. The second greatest value Sherman Village apartment is the 3737 E Karstens Dr Model at 3737 E Karstens Dr, Unit #4 starting at $1,350 with a $1.59 price per square foot in the Eken Park neighborhood. Here is today’s list of the best values for Sherman Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Northern Bluffs | 2 Bedroom | 2BR,1BA | $1.25 |
| 3737 E Karstens Dr, Unit #4 | 3737 E Karstens Dr | 2BR,1BA | $1.59 |
| Woodland Commons Madison | Style I6 - Loft | 1BR,1.5BA | $1.73 |
| Lake Pointe | 1 Bedroom 1 bath Loft | 1BR,1BA | $1.74 |
| Londonderry Lofts | Large Loft | 1BR,1BA | $1.83 |
| 1826 Schlimgen Ave, Unit 1826 | 1826 Schlimgen Ave | 1BR,1BA | $1.68 |
| Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1.79 |
| Tennyson Ridge | 1-Bed Market | 1BR,1BA | $1.99 |
| Tennyson Heights Apartments | 1x1-630 | 1BR,1BA | $1.79 |
| Port Vista | Studio | Studio ,1BA | $1.71 |
Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI
Discover the best student housing neighborhoods for renting in Madison, Wisconsin! This guide covers apartments near the University of Wisconsin-Madison, Edgewood University, Herzing University, and Madison Area Technical College, detailing locations like Regent, Shorewood Hills, Dudgeon-Monroe, and more for your perfect college home.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleSherman Village, Madison, WI
Ranked #72
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Sherman Village Apartments
What is the price of a cheap apartment in Sherman Village?
The cheapest apartment in Sherman Village is Marina Park Apartments which is listed at $950, while the average apartment in Sherman Village costs $1,550.
What types of apartments are the cheapest in Sherman Village?
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 3 regular apartments in Sherman Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Helpful Local Expert Guides

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Written by: Mike Heuer
Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.

An Insider's Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin
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Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.

Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI
Written by: Mike Heuer
I am Mike, your guide to student housing in the Greater Madison, Wisconsin, area. Madison is a terrific city that also is the Capital of Wisconsin.

The Expert's 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.
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