Cheap Homes for Rent in Sherman Village Neighborhood of Madison, WI from $1,500 (9 Rentals)

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

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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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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Showing Results 1-9, 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 Studio unit found at Hooker Avenue Apartments priced from $1,075. Londonderry Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Sherman Village apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Hooker Avenue ApartmentsStudioStudio,1BA$1,075
Londonderry LoftsSunken Living Room Loft1BR,1BA$1,150
Northern BluffsSandstone3BR,1BA$1,219

Best Value Apartments for Rent in Sherman Village, WI

As of October 16, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
5564 River Rd, Unit 45564 River Rd2BR,1BA$1.25
Northern BluffsAmber2BR,1BA$1.22
Granite Ridge Apartments2 BR + Den (3A)2BR,1BA$1.54
PMM + MS17 Sherman Terr1BR,1BA$1.82
Woodland Commons MadisonStyle I6 - Loft1BR,1.5BA$1.70
402 Luster Ave, Unit Apt. #2402 Luster Ave1BR,1BA$1.25
Lake Pointe Apartments1 Bedroom 1 bath Loft1BR,1BA$1.69
Londonderry LoftsSunken Living Room Loft1BR,1BA$1.64
Hooker Avenue ApartmentsStudioStudio ,1BA$1.79

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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Pet Friendly Lifestyle
Sherman Village, Madison, WI

Ranked #72

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Sherman Village

What type of rentals are currently available in Sherman Village?

There are currently 52 Apartments for Rent in Sherman Village, WI with pricing that ranges from $975 to $1,895. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman Village ranging from $1,500 to $6,150.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherman Village ranges from $1,500 to $6,150 with an average monthly rent of $3,302.

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.

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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.