
Cheap Apartments for Rent in the Sherman Neighborhood of Madison, WI from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman area of Madison.


The Oscar Senior Apartments

3025 Commercial Ave, Unit 3

Freedom Park

Madison Mayfair Apartments

1617 Troy Dr

Eagle Harbor Apartments
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Hooker Avenue Apartments

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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 | $1,394 | $950 | $1,705 |
Sherman 1 Bedroom Apartments | $1,685 | $565 | $2,425 |
Sherman 2 Bedroom Apartments | $2,095 | $1,050 | $3,450 |
Sherman 3 Bedroom Apartments | $2,362 | $1,300 | $3,560 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Sherman Neighborhood of Madison, WI.
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Sherman, Madison, WI Local Guide
- Nearby Madison neighborhoods
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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 |
Eagle Harbor Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1,064 |
Enso Apartments | STUDIOS | Studio,1BA | $1,068 |
Best Value Apartments for Rent in Sherman, WI
As of May 01, 2025 the best value apartment in the Sherman area is the $1.04 price per square foot 3527 Marcy Rd Model at 3527 Marcy Rd, Unit 3 bed room duplex in the in the Eken Park neighborhood starting from $1,900. The second greatest value Sherman apartment is the 3x2 Income restricted Model at Carbon at Union Corners starting at $1,811 with a $1.41 price per square foot in the Near East Side 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. |
---|---|---|---|
3527 Marcy Rd, Unit 3 bed room duplex | 3527 Marcy Rd | 3BR,1BA | $1.04 |
Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
Northern Bluffs | Sandstone | 3BR,1BA | $1.31 |
Eagle Harbor Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.26 |
1827 E Washington Ave, Unit 470 | 1827 E Washington Ave | 2BR,2BA | $1.59 |
Ridge Creek Apartments | 2x1028 | 2BR,1BA | $1.41 |
Granite Ridge Apartments | 2 BR + Den (1+) | 2BR,1BA | $1.49 |
Freedom Park | 2 bed/1 bath | 2BR,1BA | $1.40 |
The Oscar Senior Apartments | 2 Bedroom Market | 2BR,2BA | $1.57 |
Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $1.54 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSherman, Madison, WI
Ranked #30
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 $1,225.
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 $2,200.
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 20 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 $203 which is $1,997 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.

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Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.