6311 Ford St
MononaWI53716
Cheap Homes for Rent in South Madison Neighborhood of Madison, WI from $1,300 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the South Madison area of Madison.
934 High 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.
1121 S Park St
MadisonWI53715
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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.
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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 | $1,896 | $1,395 | $2,495 |
| South Madison 3 Bedroom Homes for Rent | $2,425 | $1,750 | $3,100 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in South Madison, WI
As of December 21, 2025 the best value apartment in the South Madison area is the $1.43 price per square foot 2BR/2.0BA Model at Wingra West in the in the Downtown Madison neighborhood starting from $2,500. The second greatest value South Madison apartment is the A3 Floor Plan (60LMI Income Restricted) Model at The Royal starting at $1,500 with a $1.41 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. |
|---|---|---|---|
| Wingra West | 2BR/2.0BA | 2BR,2BA | $1.43 |
| The Royal | A3 Floor Plan (60LMI Income Restricted) | 2BR,2BA | $1.41 |
| River Bend Apartments at the Arboretum | White Pine | 2BR,1BA | $1.45 |
| Colonial Apartments | 1 Br | 1BR,1BA | $1.18 |
| 1026 W Badger Rd, Unit # 2 | 1026 W Badger Rd | 2BR,1BA | $1.01 |
| Executive East Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.16 |
| Lake Point Drive Apartments | 2 Bed/ 1 Bath | 2BR,1BA | $1.38 |
| Pirate Island Apartments | Waterside 1br | 1BR,1BA | $1.42 |
| Southview Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.39 |
| Lake Point Terrace | Reef | 1BR,1BA | $1.39 |
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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The 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.
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Pet Friendly LifestyleSouth Madison, Madison, WI
Ranked #36
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 153 Apartments for Rent in South Madison, WI with pricing that ranges from $800 to $3,095. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Madison ranging from $1,395 to $3,100.
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 $1,395 to $3,100 with an average monthly rent of $1,865.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!