Cheap Apartments for Rent in the South Madison Neighborhood of Madison, WI from $795 (100 Rentals)

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

Finding Your Place in Madison: Neighborhoods Close to the City’s Biggest Jobs

Finding the right Madison apartment near work is easy. Browse our guide to the best neighborhoods for professionals, from State-Langdon to Bay Creek.

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Arbor Hills
$1,199 - $1,699

Total Monthly Price

Base Rent$1,199 - $1,699
Total Monthly Price$1,199 - $1,699
1 to 2 Bedroom Apartments Available Soon

Arbor Hills

2809 Curry PkwyMadison, WI 53713
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

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Madison's Best Affordable Neighborhoods

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property at 1002 N Sunnyvale Ln
$1,395

Total Monthly Price

Base Rent$1,395
Total Monthly Price$1,395
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1002 N Sunnyvale Ln, Unit G

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

Total Monthly Price

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

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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The Post
Rent Specials
$1,515 - $1,950

Total Monthly Price

Base Rent$1,515 - $1,950
Total Monthly Price$1,515 - $1,950
Studio to 1 Bedroom Apartments Available Now

The Post

131 E Lakeside StMadison, WI 53715
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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 Studio unit found at Colonial Apartments priced from $990. The Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here are the most affordable South Madison apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Colonial ApartmentsStudioStudio,1BA$990
The Ridge Apartments1 Bed 1 Bath Interior1BR,1BA$1,005
Nakoma CommonsStudioStudio,1BA$1,055
Bristol ArmsOne Bed One Bath1BR,1BA$1,070
PARK LOFTSStudioStudio,1BA$1,073
Lake Point TerraceOne Bed One Bath 700 sqft1BR,1BA$1,078
Park Village Apartmentsr-1b1BR,1BA$1,090
Glendale GardensOne Bedroom1BR,1BA$1,095
Seven Oaks ApartmentsPhantom2BR,1BA$1,095
5800 Bjelde Ln101BR,1BA$1,100

Best Value Apartments for Rent in South Madison, WI

As of September 13, 2026 the best value apartment in the South Madison area is the $1.48 price per square foot 3bdrthr Model at Kensington Pointe Apartments in the in the South Central Side neighborhood starting from $1,850. The second greatest value South Madison apartment is the E Floor Plan (80LMI Income Restricted) Model at The Royal starting at $1,525 with a $1.35 price per square foot in the Pflaum Road 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.
Kensington Pointe Apartments3bdrthr3BR,1.5BA$1.48
The RoyalE Floor Plan (80LMI Income Restricted)2BR,2BA$1.35
Fiedler Apartments2 Bed 1.5 Bath Townhome2BR,1.5BA$1.39
Park Cedar ApartmentsTwo Bedroom, One Bath2BR,1BA$1.47
Novation Senior2X22BR,2BA$1.29
River Bend Apartments at the ArboretumWhite Pine2BR,1BA$1.45
Seven Oaks ApartmentsPhantom2BR,1BA$1.21
5800 Bjelde Ln101BR,1BA$1.22
Pirate Island ApartmentsWaterside 1br1BR,1BA$1.40
Glendale GardensOne Bedroom1BR,1BA$1.37

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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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.

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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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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.

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Pet Friendly Lifestyle
South Madison, Madison, WI

Ranked #38

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 Ridge Apartments which is listed at $1,005, while the average apartment in South Madison costs $1,521.

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

How do the prices of cheap apartments compare to the average apartment in South Madison?

Cheap apartments in South Madison have an average cost of $492 which is $1,029 cheaper than the average rent for all rentals in South Madison.

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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