
Cheap Apartments for Rent in the Sherman Village Neighborhood of Madison, WI from $700 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Village area of Madison.


Londonderry Lofts

Elka Lane Apartments

Northshore Estates
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.

2505 Calypso Rd
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.

Pine Ridge Apartments No Vacancies
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.
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 | $1,115 | $975 | $1,275 |
| Sherman Village 1 Bedroom Apartments | $1,330 | $1,100 | $1,550 |
| Sherman Village 2 Bedroom Apartments | $1,421 | $1,100 | $1,895 |
| Sherman Village 3 Bedroom Apartments | $1,312 | $1,219 | $2,300 |
| Sherman Village 4 Bedroom Apartments | $6,150 | $6,150 | $6,150 |
Browse Apartments in this Neighborhood
There are currently 15 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 PMM + MS priced from $1,100. Northern Bluffs has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,219. Here are the most affordable Sherman Village apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| PMM + MS | 1323 Ruskin | 1BR,1BA | $1,100 |
| Northern Bluffs | Sandstone | 3BR,1BA | $1,219 |
| Woodland Commons Madison | Style I6 - Loft | 1BR,1BA | $1,425 |
| Granite Ridge Apartments | 2 BR + Den (1+) | 2BR,1BA | $1,560 |
Best Value Apartments for Rent in Sherman Village, WI
As of December 08, 2025 the best value apartment in the Sherman Village area is the $1.25 price per square foot 5564 River Rd Model at 5564 River Rd, Unit 4 in the in the Berkeley Oaks neighborhood starting from $1,500. The second greatest value Sherman Village apartment is the Amber Model at Northern Bluffs starting at $1,269 with a $1.22 price per square foot in the Berkeley Oaks 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. |
|---|---|---|---|
| 5564 River Rd, Unit 4 | 5564 River Rd | 2BR,1BA | $1.25 |
| Northern Bluffs | Amber | 2BR,1BA | $1.22 |
| Granite Ridge Apartments | 2 BR + Den (1+) | 2BR,1BA | $1.55 |
| Woodland Commons Madison | Style I6 - Loft | 1BR,1.5BA | $1.70 |
| PMM + MS | 1323 Ruskin | 1BR,1BA | $1.83 |
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.
Read ArticleThe 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.
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
3.0Pet 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 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 $1,269 at Northern Bluffs.
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 $1,219.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!








