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Cheap Homes for Rent in Sherman Neighborhood of Madison, WI from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Sherman area of Madison.
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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.
33 Sherman Terrace
MadisonWI53704
3502 Dawes St
MadisonWI53714
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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Sherman, Madison, WI Local Guide
How much does it cost to rent a home in Sherman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherman 2 Bedroom Homes for Rent | $1,611 | $1,190 | $2,200 |
| Sherman 3 Bedroom Homes for Rent | $2,036 | $1,450 | $3,750 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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
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Best Value Apartments for Rent in Sherman, WI
As of December 19, 2025 the best value apartment in the Sherman area is the $1.55 price per square foot 3 Bed / 2 Bath Model at Rise-Madison in the in the Near East Side neighborhood starting from $2,030. 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. |
|---|---|---|---|
| Rise-Madison | 3 Bed / 2 Bath | 3BR,2BA | $1.55 |
| Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
| 205 S Fair Oaks Ave, Unit 205 South Fair Oaks Ave | 205 S Fair Oaks Ave | 2BR,1BA | $1.61 |
| The Andre Apartments | 2x2 | 2BR,2BA | $1.45 |
| Northern Bluffs | Amber | 2BR,1BA | $1.22 |
| Granite Ridge Apartments | 2 BR + Den (1006 SF) | 2BR,1BA | $1.55 |
| 2069 Winnebago St, Unit 2069 A | 2069 Winnebago St | 2BR,1BA | $1.61 |
| Freedom Park | 1 bed/1 bath + Den | 1BR,1BA | $1.38 |
| Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1.64 |
| Eagle Harbor | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.50 |
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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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.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleSherman, Madison, WI
Ranked #30
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
Frequently Asked Questions about Sherman
What type of rentals are currently available in Sherman?
There are currently 168 Apartments for Rent in Sherman, WI with pricing that ranges from $900 to $6,150. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman ranging from $1,190 to $3,750.
What is the current price range for Rental Homes in Sherman?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherman ranges from $1,190 to $3,750 with an average monthly rent of $1,823.
Expert Rental Resources
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.
Articles, How-To's, and Tips
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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!