Cheap Apartments for Rent in the Sherman Village Neighborhood of Madison, WI from $700 (39 Rentals)

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

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Londonderry Lofts
$1,045 - $1,225
Total Monthly Price

Total Monthly Price

Base Rent
$1,045 - $1,225
Total Monthly Price
$1,045 - $1,225
Studio to 1 Bedroom Apartments Available Jul 1

Londonderry Lofts

2026 Londonderry DrMadison, WI 53704
Affordability
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  • Customer Reviewed
  • Utilities Included
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PACKTENN
Rent Specials
$1,275 - $1,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,475
Total Monthly Price
$1,275 - $1,475
Studio to 1 Bedroom Apartments Available Now

PACKTENN

2024 Tennyson LnMadison, WI 53704
Pet Friendly
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  • Customer Reviewed
  • Utilities Included

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.

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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.

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Tennyson Ridge
1 to 3 Bedroom Apartments

Tennyson Ridge

3834 Whitman LnMadison, WI 53704
  • Utilities Included
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Northpointe
2 to 3 Bedroom Apartments

Northpointe

609 Vera CtMadison, WI 53704
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Brentwood Terrace
1 to 2 Bedroom Apartments

Brentwood Terrace

2018 N Sherman AveMadison, WI 53704
Senior Living
  • Utilities Included
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2405 Monterey Dr
1 to 2 Bedroom Apartments

2405 Monterey Dr

2405 Monterey DrMadison, WI 53704
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Port Vista
Studio to 1 Bedroom Apartments

Port Vista

3602-3702 Packers AveMadison, WI 53704
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2406 Calypso Rd
2 to 3 Bedroom Apartments

2406 Calypso Rd

2406 Calypso RdMadison, WI 53704
  • Utilities Included

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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2502 Brentwood Pkwy
1 to 3 Bedroom Apartments

2502 Brentwood Pkwy

2502 Brentwood PkyMadison, WI 53704
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PMM + MS
1 to 3 Bedroom Apartments

PMM + MS

2309 Monterey DrMadison, WI 53704
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PMM
1 to 2 Bedroom Apartments

PMM

1509 TrailswayMadison, WI 53704
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Lake Pointe
Studio to 2 Bedroom Apartments

Lake Pointe

5320 Westport RdMadison, WI 53704
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Prism
1 to 2 Bedroom Apartments

Prism

2838 Dryden DrMadison, WI 53704
  • Utilities Included
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2505 Calypso Rd
2 Bedroom Apartments

2505 Calypso Rd

2505 Calypso RdMadison, WI 53704
  • Utilities Included

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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Essex Apartment Homes
1 to 2 Bedroom Apartments

Essex Apartment Homes

5469-5471 Westshire CirWaunakee, WI 53597
Senior Living
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Sherman Village, Madison, WI Local Guide

Cheapest Available Sherman Village Apartments for Rent

 

The cheapest available apartment rental in the Sherman Village area of Madison, WI is a 2 Beds unit found at PMM + MS priced from $900. Elka Lane Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Sherman Village apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
PMM + MS2406 Brentwood Pkwy2BR,1BA$900
Elka Lane Apartments1BR/1BA1BR,1BA$1,100
PACKTENNSTUDIOStudio,1BA$1,275
Woodland Commons MadisonStyle I6 - Loft1BR,1BA$1,425

Best Value Apartments for Rent in Sherman Village, WI

As of April 17, 2026 the best value apartment in the Sherman Village area is the $1.53 price per square foot 1812 Northwestern Ave Model at 1812 Northwestern Ave, Unit Upper in the in the Eastmorland neighborhood starting from $1,525. The second greatest value Sherman Village apartment is the 2410 Brentwood Pky Model at 2410 Brentwood Pky, Unit #C starting at $1,095 with a $1.28 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1812 Northwestern Ave, Unit Upper1812 Northwestern Ave2BR,1BA$1.53
2410 Brentwood Pky, Unit #C2410 Brentwood Pky2BR,1BA$1.28
2414 Brentwood Pky, Unit #A2414 Brentwood Pky2BR,1BA$1.28
PMM + MS10 Sherman Terr1BR,1BA$1.12
Woodland Commons MadisonStyle I6 - Loft1BR,1.5BA$1.70
1932 Heath Ave, Unit April 21932 Heath Ave3BR,1BA$1.78
Elka Lane Apartments1BR/1BA1BR,1BA$1.64
PACKTENNSTUDIOStudio ,1BA$2.60

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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Don'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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Pet Friendly Lifestyle
Sherman Village, Madison, WI

Ranked #71

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $950 at PMM + MS.

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 $900 at PMM + MS.

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.

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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.

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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.

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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.