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$1,1802 Bedroom Apartments Available Now
5326 Hoboken Rd, Unit 3
5326 Hoboken RdMadison, WI 53713
Cheap Homes for Rent in South Madison Neighborhood of Madison, WI from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South Madison area of Madison.
513 S Brooks St
MadisonWI53715
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1121 S Park St, Unit 206
1121 S Park St
MadisonWI53715
1121 S Park St, Unit 109
1121 S Park St
MadisonWI53715
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.
1721 Baird St
MadisonWI53713
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South Madison, Madison, WI Local Guide
How much does it cost to rent a home in South Madison?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| South Madison 2 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| South Madison 3 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
| South Madison 4 Bedroom Homes for Rent | $2,630 | $2,525 | $2,735 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the South Madison Neighborhood of Madison, WI.
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South Madison, Madison, WI Local Guide
- Nearby Madison neighborhoods
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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 Oakridge Apartments priced from $800. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakridge Apartments | Studio | Studio,1BA | $800 |
| The Ridge Apartments | 1 Bed 1 Bath Interior | 1BR,1BA | $1,005 |
| Pirate Island Apartments | Studio | Studio,1BA | $1,020 |
Best Value Apartments for Rent in South Madison, WI
As of April 13, 2026 the best value apartment in the South Madison area is the $1.63 price per square foot 3 Bed 1.5 Bath Townhome with Garage Model at Catalpa Crossing Apartments in the in the Dudgeon-Monroe neighborhood starting from $1,830. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Catalpa Crossing Apartments | 3 Bed 1.5 Bath Townhome with Garage | 3BR,1.5BA | $1.63 |
| Park Cedar Apartments | Two Bedroom, One Bath | 2BR,1BA | $1.47 |
| The Royal | A3 Floor Plan (80LMI Income Restricted) | 2BR,2BA | $1.59 |
| River Bend Apartments at the Arboretum | White Pine | 2BR,1BA | $1.45 |
| Kensington Pointe | 2bdrr | 2BR,1BA | $1.46 |
| Riverwood Apartments | 2 bedroom 2 bath (960) | 2BR,2BA | $1.56 |
| Colonial Apartments | 1 Br | 1BR,1BA | $1.15 |
| Lake Point Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.44 |
| 930 S Brooks St, Unit 3 | 930 S Brooks St | 2BR,1BA | $0.91 |
| Lake Point Terrace | Reef | 1BR,1BA | $1.62 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
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Pet Friendly LifestyleSouth Madison, Madison, WI
Ranked #41
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about South Madison
What type of rentals are currently available in South Madison?
There are currently 151 Apartments for Rent in South Madison, WI with pricing that ranges from $775 to $3,200. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Madison ranging from $1,295 to $2,735.
What is the current price range for Rental Homes in South Madison?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Madison ranges from $1,295 to $2,735 with an average monthly rent of $2,055.
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.
Articles, How-To's, and Tips
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.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.