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Cheap Apartments for Rent in the Sherman Neighborhood of Madison, WI from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman area of Madison.
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from $6781 to 2 Bedroom Apartments Available Now
The Oscar Senior Apartments
1222 Huxley StMadison, WI 53704
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Rent Specials
from $9501 to 2 Bedroom Apartments Available Now
Freedom Park
3802 Lien RdMadison, WI 53704
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from $9951 Bedroom Apartment Available Jul 1
3025 Commercial Ave, Unit 4
3025 Commercial AveMadison, WI 53704
1617 Troy Dr
MadisonWI53704
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from $1,0001 to 3 Bedroom Apartments Available Now
Madison Mayfair Apartments
1010 N Mayfair AveMadison, WI 53714
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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from $1,0401 Bedroom Apartments Available Now
Ridgeview Heights Apartments
3154-3166 Ridgeway AveMadison, WI 53704
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from $1,0641 to 3 Bedroom Apartments Available Now
Eagle Harbor Apartments
1356-1360 MacArthur RdMadison, WI 53714
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from $1,0691 Bedroom Apartments Available Now
The Oscar Family Apartments
1244 Huxley StMadison, WI 53704
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Rent Specials
from $1,075Studio to 2 Bedroom Apartments Available Now
Hooker Avenue Apartments
1402 Hooker AveMadison, WI 53704
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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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from $1,1001 to 2 Bedroom Apartments Available Now
Elka Lane Apartments
2002-2022 Elka LnMadison, WI 53704
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Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-27, Page 1 of 1
Sherman, Madison, WI Local Guide
How much does it cost to rent an apartment in Sherman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherman Studio Apartments | $1,503 | $1,075 | $1,705 |
| Sherman 1 Bedroom Apartments | $1,624 | $565 | $2,350 |
| Sherman 2 Bedroom Apartments | $2,060 | $1,050 | $3,400 |
| Sherman 3 Bedroom Apartments | $2,288 | $1,300 | $3,560 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Sherman Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
Sherman, Madison, WI Local Guide
- Nearby Madison neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Available Sherman Apartments for Rent
The cheapest available apartment rental in the Sherman area of Madison, WI is a 1 Bed unit found at The Oscar Senior Apartments priced from $678. Freedom Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Sherman apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Oscar Senior Apartments | 1 Bedroom Income Restricted | 1BR,1BA | $678 |
| Freedom Park | 1 Bed/ 1 Bath | 1BR,1BA | $950 |
| Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
| Ridgeview Heights Apartments | Lrg. 1BR/1BA | 1BR,1BA | $1,040 |
| Eagle Harbor Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1,064 |
| The Oscar Family Apartments | Income Restricted - Two Bedroom 50% | 1BR,1BA | $1,069 |
| McCormick Commons | Lower Unit | 1BR,1BA | $1,095 |
| PMM + MS | 1 Bedroom | 1BR,1BA | $1,100 |
| Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Sherman, WI
As of June 15, 2025 the best value apartment in the Sherman area is the $1.41 price per square foot 3x2 Income restricted Model at Carbon at Union Corners in the in the Near East Side neighborhood starting from $1,811. The second greatest value Sherman apartment is the Sandstone Model at Northern Bluffs starting at $1,338 with a $1.17 price per square foot in the Berkeley Oaks neighborhood. Here is today’s list of the best values for Sherman apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
| Northern Bluffs | Sandstone | 3BR,1BA | $1.17 |
| Eagle Harbor Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.26 |
| Ridge Creek Apartments | 2x1028 | 2BR,1BA | $1.41 |
| Freedom Park | 2 bed/1 bath | 2BR,1BA | $1.40 |
| The Oscar Senior Apartments | 2 Bedroom Market | 2BR,2BA | $1.57 |
| 3733 E Karstens Dr, Unit 3725 #1 | 3733 E Karstens Dr | 2BR,1BA | $1.47 |
| McCormick Commons | Upper Unit | 1BR,1BA | $1.59 |
| Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1.64 |
| Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $1.54 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSherman, Madison, WI
Ranked #32
Among neighborhoods in Madison, WI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Sherman, Madison, WI
School data provided by Great Schools
Getting Around the Sherman Neighborhood in Madison, WI
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
40 / 100
Some Transit
A few nearby public transportation options
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 Apartments
What is a cheap apartment in Sherman?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherman is under $1,100.
What is the price of a cheap apartment in Sherman?
The cheapest apartment in Sherman is The Oscar Senior Apartments which is listed at $678, while the average apartment in Sherman costs $2,100.
What types of apartments are the cheapest in Sherman?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Sherman that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Sherman?
Cheap apartments in Sherman have an average cost of $150 which is $1,950 cheaper than the average rent for all rentals in Sherman.
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.