Cheap Homes for Rent in Sherman Neighborhood of Madison, WI from $1,000 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Sherman area of Madison.

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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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Sherman, Madison, WI Local Guide

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 Madison Mayfair Apartments priced from $1,000. Eagle Harbor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,028. Here are the most affordable Sherman apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Madison Mayfair Apartments1 Bedroom1BR,1BA$1,000
Eagle Harbor1 Bedroom 2 1 Bathroom1BR,1BA$1,028
Hooker Avenue ApartmentsStudioStudio,1BA$1,075

Best Value Apartments for Rent in Sherman, WI

As of September 17, 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 2045 E Washington Ave Model at 2045 E Washington Ave, Unit 1 starting at $1,975 with a $1.65 price per square foot in the Downtown Madison neighborhood. Here is today’s list of the best values for Sherman apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carbon at Union Corners3x2 Income restricted3BR,2BA$1.41
2045 E Washington Ave, Unit 12045 E Washington Ave2BR,2BA$1.65
3322 Ridgeway Ave, Unit #13322 Ridgeway Ave2BR,1BA$1.29
Northern BluffsAmber2BR,1BA$1.22
The Oscar Senior Apartments2 Bedroom Market2BR,2BA$1.56
209 Kedzie St, Unit Apartment #2209 Kedzie St2BR,1BA$1.53
Freedom Park1 Bed/ 1 Bath1BR,1BA$1.38
Commercial AvenueTwo Bedroom2BR,1BA$1.63
Rise-Madison1 Bed / 1 Bath1BR,1BA$1.55
Eagle Harbor1 Bedroom 2 1 Bathroom1BR,1BA$1.55

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Sherman, Madison, WI

Ranked #37

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 173 Apartments for Rent in Sherman, WI with pricing that ranges from $975 to $3,560. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman ranging from $1,000 to $6,150.

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 $1,000 to $6,150 with an average monthly rent of $2,754.

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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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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.