Cheap Apartments for Rent in the South Madison Neighborhood of Madison, WI from $700 (79 Rentals)

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

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The Post
Rent Specials
$759 - $1,950
Total Monthly Price

Total Monthly Price

Base Rent
$759 - $1,950
Total Monthly Price
$759 - $1,950
Studio to 1 Bedroom Apartments Available Now

The Post

131 E Lakeside StMadison, WI 53715
Affordability
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Arbor Hills
$1,199 - $1,629
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,629
Total Monthly Price
$1,199 - $1,629
1 to 2 Bedroom Apartments Available Now

Arbor Hills

2809 Curry PkwyMadison, WI 53713
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  • Utilities Included

Madison's Best Affordable Neighborhoods

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

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property at 1002 N Sunnyvale Ln

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395

1 Bedroom, 1 Bath Condo for Rent

Available Sep 10

1002 N Sunnyvale Ln, Unit G

1002 N Sunnyvale Ln
MadisonWI53713
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Midvale Heights
Rent Specials
$1,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495
2 Bedroom Apartments Available Aug 1

Midvale Heights

501 S Midvale BlvdMadison, WI 53711
Active Lifestyle
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  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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358 E Lakeside St
1 to 2 Bedroom Apartments

358 E Lakeside St

358 E Lakeside StMadison, WI 53715

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 1 Bed unit found at The Post priced from $759. Colonial Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here are the most affordable South Madison apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
The PostOne Bedroom1BR,1BA$759
Colonial ApartmentsStudioStudio,1BA$990
The Ridge Apartments1 Bed 1 Bath Interior1BR,1BA$1,005
Park House ApartmentsStudio 1 BathroomStudio,1BA$1,025
Capitol View Apartments1 Bed 1 Bath1BR,1BA$1,090
Seven Oaks ApartmentsPhantom2BR,1BA$1,095
Lake Point TerraceOne Bed One Bath 700 sqft1BR,1BA$1,095
Southview Apartments2 Bed 1 Bath2BR,1BA$1,095
Novation Senior1x1P1BR,1BA$1,100
5800 Bjelde Ln101BR,1BA$1,100

Best Value Apartments for Rent in South Madison, WI

As of July 29, 2026 the best value apartment in the South Madison area is the $1.31 price per square foot Two Bed Two Bath Model at Parkside in the in the Dudgeon-Monroe neighborhood starting from $1,602. The second greatest value South Madison apartment is the Two Bedroom, One Bath Model at Park Cedar Apartments starting at $1,595 with a $1.47 price per square foot in the Downtown Madison 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.
ParksideTwo Bed Two Bath2BR,2BA$1.31
Park Cedar ApartmentsTwo Bedroom, One Bath2BR,1BA$1.47
The RoyalA Floor Plan (60LMI Income Restricted)2BR,2BA$1.38
River Bend Apartments at the ArboretumWhite Pine2BR,1BA$1.45
Kensington Pointe Apartments2bdrr2BR,1BA$1.43
5800 Bjelde Ln101BR,1BA$1.22
Pirate Island ApartmentsWaterside 1br1BR,1BA$1.40
8Twenty Park1 Bed- 50%1BR,1BA$1.48
Southview Apartments2 Bed 1 Bath2BR,1BA$1.39
Novation Senior1x1P1BR,1BA$1.53

Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

Discover the best student housing neighborhoods for renting in Madison, Wisconsin! This guide covers apartments near the University of Wisconsin-Madison, Edgewood University, Herzing University, and Madison Area Technical College, detailing locations like Regent, Shorewood Hills, Dudgeon-Monroe, and more for your perfect college home.

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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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
South Madison, Madison, WI

Ranked #40

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap South Madison Apartments

What is a cheap apartment in South Madison?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Madison is under $1,100.

What is the price of a cheap apartment in South Madison?

The cheapest apartment in South Madison is The Post which is listed at $759, while the average apartment in South Madison costs $1,650.

What types of apartments are the cheapest in South Madison?

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 19 regular apartments in South Madison that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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