Cheap Homes for Rent in Sherman Village Neighborhood of Madison, WI from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Sherman Village area of Madison.

525 Waxwing Ln
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.

1949 Heath Ave

1951 Heath Ave
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.

1914 Boyd Ave
Sherman Village, Madison, WI Local Guide

How much does it cost to rent a home in Sherman Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sherman Village 2 Bedroom Homes for Rent | $1,566 | $1,475 | $1,800 |
Sherman Village 3 Bedroom Homes for Rent | $2,172 | $1,925 | $2,595 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Studio unit found at Hooker Avenue Apartments priced from $1,075. PMM + MS 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hooker Avenue Apartments | Studio | Studio,1BA | $1,075 |
PMM + MS | 1 Bedroom | 1BR,1BA | $1,100 |
PMM | 1 Bedroom 1 Bath-The Charley | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Sherman Village, WI
As of June 27, 2025 the best value apartment in the Sherman Village area is the $1.12 price per square foot Sandstone Model at Northern Bluffs in the in the Berkeley Oaks neighborhood starting from $1,283. The second greatest value Sherman Village apartment is the 2 Bed Model at 2505 Calypso Rd starting at $1,250 with a $1.52 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 | $1.12 |
2505 Calypso Rd | 2 Bed | 2BR,1BA | $1.52 |
PMM | 2 Bedroom 1 Bath-The Castle Marsh | 2BR,1BA | $2.07 |
PMM + MS | 1 Bedroom | 1BR,1BA | $1.83 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Sherman Village
What type of rentals are currently available in Sherman Village?
There are currently 49 Apartments for Rent in Sherman Village, WI with pricing that ranges from $1,035 to $1,895. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman Village ranging from $1,475 to $2,595.
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 $1,475 to $2,595 with an average monthly rent of $1,869.
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.