Cheap Homes for Rent in Sherman Neighborhood of Madison, WI from $1,200 (7 Rentals)

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

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.

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.

property at 2549 Upham St

2549 Upham St

MadisonWI53704

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 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 ListingModel NameBed/BathPriced From
The Oscar Senior Apartments1 Bedroom Income Restricted1BR,1BA$678
Freedom Park1 Bed/ 1 Bath1BR,1BA$950
Madison Mayfair Apartments1 Bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Sherman, WI

As of June 16, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Carbon at Union Corners3x2 Income restricted3BR,2BA$1.41
Northern BluffsSandstone3BR,1BA$1.17
Eagle Harbor Apartments3 Bedroom 2 Bathroom3BR,2BA$1.26
Ridge Creek Apartments2x10282BR,1BA$1.41
Freedom Park2 bed/1 bath2BR,1BA$1.40
The Oscar Senior Apartments2 Bedroom Market2BR,2BA$1.57
3733 E Karstens Dr, Unit 3725 #13733 E Karstens Dr2BR,1BA$1.47
McCormick CommonsUpper Unit1BR,1BA$1.59
Elka Lane Apartments1BR/1BA1BR,1BA$1.64
Madison Mayfair Apartments1 Bedroom1BR,1BA$1.54

Quick Rent Budget Calculator

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Frequently Asked Questions about Sherman

What type of rentals are currently available in Sherman?

There are currently 163 Apartments for Rent in Sherman, WI with pricing that ranges from $565 to $3,560. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman ranging from $1,250 to $2,595.

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 $1,250 to $2,595 with an average monthly rent of $1,731.

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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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.

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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.

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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.