930 Emerald St
MadisonWI53715
Cheap Homes for Rent in the South Madison Neighborhood of Madison, WI from $1,300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the South Madison area of Madison.
203 Ski Ct
MadisonWI53713
1002 N Sunnyvale Ln, Unit G
1002 N Sunnyvale Ln
MadisonWI53713
1129 Catalpa Cir
MadisonWI53713
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.
2217 Luann Ln
MadisonWI53713
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$1,5952 Bedroom Apartments Available Now
922 High St, Unit 1
922 High StMadison, WI 53715
1121 S Park St, Unit 206
1121 S Park St
MadisonWI53715
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$1,6452 Bedroom Apartments Available Now
926 High St, Unit 3
926 High StMadison, WI 53715
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.
1121 S Park St, Unit 109
1121 S Park St
MadisonWI53715
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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 | $1,441 | $1,350 | $1,575 |
| South Madison 3 Bedroom Homes for Rent | $2,753 | $2,050 | $3,350 |
| South Madison 4 Bedroom Homes for Rent | $4,497 | $4,495 | $4,500 |
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 9 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
- Nearby Cities
- ZIP codes
- Local Counties
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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 1 Bed unit found at The Post priced from $759. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Post | One Bedroom | 1BR,1BA | $759 |
| Pirate Island Apartments | Studio | Studio,1BA | $975 |
| Colonial Apartments | Studio | Studio,1BA | $990 |
Best Value Apartments for Rent in South Madison, WI
As of July 12, 2026 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 A Floor Plan (60LMI Income Restricted) Model at The Royal starting at $1,550 with a $1.43 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Cedar Apartments | Two Bedroom, One Bath | 2BR,1BA | $1.47 |
| The Royal | A Floor Plan (60LMI Income Restricted) | 2BR,2BA | $1.43 |
| River Bend Apartments at the Arboretum | White Pine | 2BR,1BA | $1.45 |
| Riverwood Apartments | 2BR/2.0BA | 2BR,2BA | $1.45 |
| 2202 Luann Place | Two Bedroom Ranch Small | 2BR,1BA | $1.62 |
| 5800 Bjelde Ln | 10 | 1BR,1BA | $1.22 |
| Novation Senior | 1x1P | 1BR,1BA | $1.53 |
| Lake Point Terrace | One Bed One Bath 700 sqft | 1BR,1BA | $1.56 |
| Colonial Apartments | Studio | Studio ,1BA | $1.60 |
| Pirate Island Apartments | Studio | Studio ,1BA | $1.63 |
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.
Read ArticleReal 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.
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 #39
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 149 Apartments for Rent in South Madison, WI with pricing that ranges from $875 to $3,200. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Madison ranging from $1,300 to $4,500.
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 $1,300 to $4,500 with an average monthly rent of $2,563.
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.
Helpful Local Expert Guides
The Expert's 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.
Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI
Written by: Mike Heuer
I am Mike, your guide to student housing in the Greater Madison, Wisconsin, area. Madison is a terrific city that also is the Capital of Wisconsin.
An Insider's Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin
Written by: Mike Heuer
Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.
Finding Your Place in Madison: Neighborhoods Close to the Citys Biggest Jobs
Written by: Mike Heuer
Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.