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$975 - $1,075Studio Apartments Available Now
Hooker Avenue Apartments
1402 Hooker AveMadison, WI 53704
Cheap Apartments for Rent in the Sherman Neighborhood of Madison, WI from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman area of Madison.
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$991 - $1,4461 to 3 Bedroom Apartments Available Now
Eagle Harbor
1356-1360 MacArthur RdMadison, WI 53714
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$1,000 - $1,5991 to 3 Bedroom Apartments Available Now
Madison Mayfair Apartments
1010 N Mayfair AveMadison, WI 53714
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$1,000 - $1,500Studio to 2 Bedroom Apartments Available Now
Ridgeview Heights Apartments
3154-3166 Ridgeway AveMadison, WI 53704
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$1,045 - $1,250Studio to 1 Bedroom Apartments Available Now
Londonderry Lofts
2026 Londonderry DrMadison, WI 53704
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$1,050 - $1,2951 to 2 Bedroom Apartments Available Now
Freedom Park
3802 Lien RdMadison, WI 53704
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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$1,100 - $1,3001 to 2 Bedroom Apartments Available Now
Northshore Estates
2801 Dryden DrMadison, WI 53704
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$1,100 - $1,3001 to 2 Bedroom Apartments Available Dec 15
Elka Lane Apartments
2002-2022 Elka LnMadison, WI 53704
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$1,130 - $1,6751 to 2 Bedroom Apartments Available Now
The Oscar Family Apartments
1244 Huxley StMadison, WI 53704
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$1,151 - $2,0301 to 3 Bedroom Apartments Available Now
Rise-Madison
958 Rise LnMadison, WI 53714
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$1,165 - $1,6101 to 2 Bedroom Apartments Available Now
The Oscar Senior Apartments
1222 Huxley StMadison, WI 53704
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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$1,180 - $1,555Studio to 3 Bedroom Apartments Available Now
Rivers Edge Apartments
1614 Fordem AveMadison, WI 53704
2408 Calypso Rd
MadisonWI53704
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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.
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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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Showing Results 1-31, 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 | $1,436 | $975 | $1,770 |
| Sherman 1 Bedroom Apartments | $1,529 | $1,000 | $2,425 |
| Sherman 2 Bedroom Apartments | $1,818 | $1,050 | $3,450 |
| Sherman 3 Bedroom Apartments | $1,935 | $1,219 | $3,560 |
Browse Apartments in this Neighborhood
There are currently 31 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
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Cheapest Available Sherman Apartments for Rent
The cheapest available apartment rental in the Sherman area of Madison, WI is a Studio unit found at Hooker Avenue Apartments priced from $975. Eagle Harbor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $991. Here are the most affordable Sherman apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hooker Avenue Apartments | Studio | Studio,1BA | $975 |
| Eagle Harbor | 1 Bedroom 1 Bathroom | 1BR,1BA | $991 |
| Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
| Londonderry Lofts | STUDIO | Studio,1BA | $1,045 |
| Freedom Park | 1 Bed/ 1 Bath | 1BR,1BA | $1,050 |
| Northshore Estates | One Bedroom | 1BR,1BA | $1,100 |
| The Oscar Family Apartments | Income Restricted - One Bedroom 60% | 1BR,1BA | $1,130 |
| Rise-Madison | 1 Bed / 1 Bath | 1BR,1BA | $1,151 |
| The Oscar Senior Apartments | Income Restricted One Bedroom 50% | 1BR,1BA | $1,165 |
Best Value Apartments for Rent in Sherman, WI
As of November 01, 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 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 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 | Amber | 2BR,1BA | $1.22 |
| 3388 E Washington Ave, Unit #2 | 3388 E Washington Ave | 2BR,1BA | $1.44 |
| Madison Mayfair Apartments | Remodeled 3 Bedroom | 3BR,1BA | $1.68 |
| 2069 Winnebago St, Unit 2069 A | 2069 Winnebago St | 2BR,1BA | $1.61 |
| Freedom Park | 1 bed/1 bath + Den | 1BR,1BA | $1.38 |
| 402 Luster Ave, Unit Apt. #2 | 402 Luster Ave | 1BR,1BA | $1.25 |
| Rise-Madison | 1 Bed / 1 Bath | 1BR,1BA | $1.55 |
| Eagle Harbor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.50 |
| Hooker Avenue Apartments | Studio | Studio ,1BA | $1.63 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
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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.
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Pet Friendly LifestyleSherman, Madison, WI
Ranked #36
Among cities in Wisconsin 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 $1,165.
What is the price of a cheap apartment in Sherman?
The cheapest apartment in Sherman is Eagle Harbor which is listed at $991, while the average apartment in Sherman costs $1,610.
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 44 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 $295 which is $1,315 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.
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!
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.