Cheap Apartments for Rent in the South Madison Neighborhood of Madison, WI from $700 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the South Madison 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.

Read Article

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.

Read Article

Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

Read Article
close
View Me
1029 W Badger Rd
1 Bedroom Apartments

1029 W Badger Rd

1029 W Badger RdMadison, WI 53713
close
View Me
Shenandoah Apartments
1 to 2 Bedroom Apartments

Shenandoah Apartments

1331 South StMadison, WI 53715
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
Badger Corner
2 Bedroom Apartments

Badger Corner

902 W Badger RdMadison, WI 53713
  • Utilities Included
close
View Me
2606-2608 Ardsley Cir
1 to 2 Bedroom Apartments

2606-2608 Ardsley Cir

2606-2608 Ardsley CirMadison, WI 53713
  • Utilities Included
  • Smoke Free
close
View Me
Bristol Arms
1 Bedroom Apartments

Bristol Arms

2506 McDivitt RdMadison, WI 53713
  • Utilities Included
close
View Me
910 W Badger Rd
2 Bedroom Apartments

910 W Badger Rd

910 W Badger RdMadison, WI 53713
close
View Me
905 Magnolia Ln
2 Bedroom Apartments

905 Magnolia Ln

905 Magnolia LnMadison, WI 53713
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-44, Page 1 of 1

South Madison, Madison, WI Local Guide

Cheapest Available South Madison Apartments for Rent

 

The cheapest available apartment rental in the South Madison area of Madison, WI is a Studio unit found at Seven Oaks Apartments priced from $950. Pirate Island Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable South Madison apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Seven Oaks ApartmentsstudioStudio,1BA$950
Pirate Island ApartmentsStudioStudio,1BA$975
Avalon Madison Village1 Bedroom 60%1BR,1BA$1,005
Colonial Apartments1 Br1BR,1BA$1,015
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1,045
Lake Point TerraceReef1BR,1BA$1,050
Town's Edge Apartments1 Bed 1 Bath 10231BR,1BA$1,050
8Twenty Park1 Bed- Income Restriction 50%1BR,1BA$1,086
Arbor Arms Apartments1 Bed Arborville1BR,1BA$1,100
Bristol ArmsOxford1BR,1BA$1,130

Best Value Apartments for Rent in South Madison, WI

As of July 01, 2025 the best value apartment in the South Madison area is the $1.47 price per square foot Two Bedroom, One Bath Model at Park Cedar Apartments in the in the Downtown Madison neighborhood starting from $1,595. The second greatest value South Madison apartment is the 3 Bed 1.5 Bath Model at Capitol View Apartments starting at $1,475 with a $1.48 price per square foot in the South Central Side neighborhood. Here is today’s list of the best values for South Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Cedar ApartmentsTwo Bedroom, One Bath2BR,1BA$1.47
Capitol View Apartments3 Bed 1.5 Bath3BR,1.5BA$1.48
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1.16
Monona Shores Apartments2BR/1BA2BR,1BA$1.46
Colonial Apartments1 Br1BR,1BA$1.27
Avalon Madison Village1 Bedroom 60%1BR,1BA$1.29
Heritage Monona Senior ApartmentsOne-Bedroom (Income Restricted)1BR,1BA$1.64
Brighton Square1 Bedroom with Den1BR,1BA$1.66
Lake Point TerraceReef1BR,1BA$1.50
Pirate Island ApartmentsStudioStudio ,1BA$1.63

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
South Madison, Madison, WI

Ranked #42

Among neighborhoods in Madison, WI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the South Madison Neighborhood in Madison, WI

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

71 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

22 / 100

Minimal Transit

It may be possible to get on a bus

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 South Madison Apartments

What is the Cheapest Studio apartment in South Madison?

Currently the most affordable Cheap Studio Apartment in South Madison is at Seven Oaks Apartments listed at $950.

How much is rent for a Cheap One Bedroom South Madison Apartment?

The lowest price for a Cheap One Bedroom South Madison Apartment is $1,005 at Avalon Madison Village.

What is the lowest price for a Cheap Two Bedroom South Madison Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Madison is starting from $1,210 at Seven Oaks Apartments.

What is the most affordable South Madison Three Bedroom Apartment?

The best deal on a cheap South Madison Three Bedroom Apartment rental is at Capitol View Apartments and starts from $1,475.

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.

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.