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Cheap Apartments for Rent in the Sherman Village Neighborhood of Madison, WI from $700 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Village area of Madison.
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.
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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.
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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 | $1,055 | $1,035 | $1,075 |
| Sherman Village 1 Bedroom Apartments | $1,268 | $1,050 | $1,450 |
| Sherman Village 2 Bedroom Apartments | $1,388 | $1,059 | $1,650 |
| Sherman Village 3 Bedroom Apartments | $1,404 | $1,299 | $1,650 |
Browse Apartments in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Sherman Village, WI
As of June 22, 2025 the best value apartment in the Sherman Village area is the $1.14 price per square foot Sandstone Model at Northern Bluffs in the in the Berkeley Oaks neighborhood starting from $1,299. The second greatest value Sherman Village apartment is the 2 bdrm Model at Hooker Avenue Apartments starting at $1,650 with a $1.65 price per square foot in the Carpenter-Ridgeway 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 | Sandstone | 3BR,1BA | $1.14 |
| Hooker Avenue Apartments | 2 bdrm | 2BR,1BA | $1.65 |
| PMM | 2 Bedroom 1 Bath-The Castle Marsh | 2BR,1BA | $2.07 |
| Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1.64 |
| PMM + MS | 1 Bedroom | 1BR,1BA | $1.83 |
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Pet Friendly LifestyleSherman Village, Madison, WI
Ranked #73
Among neighborhoods in Madison, WI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Sherman Village Neighborhood in Madison, WI
Walk Score®
16 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Sherman Village Apartments
How much is rent for a Cheap One Bedroom Sherman Village Apartment?
The lowest price for a Cheap One Bedroom Sherman Village Apartment is $1,100 at Elka Lane Apartments.
What is the lowest price for a Cheap Two Bedroom Sherman Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sherman Village is starting from $1,400 at PMM.
What is the most affordable Sherman Village Three Bedroom Apartment?
The best deal on a cheap Sherman Village Three Bedroom Apartment rental is at Northern Bluffs and starts from $1,299.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.