Cheap Homes for Rent in South Madison Neighborhood of Madison, WI from $900 (8 Rentals)

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

property at 2921 Monroe St

2921 Monroe St

MadisonWI53711

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 930 Emerald St

930 Emerald St

MadisonWI53715

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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Showing Results 1-8, Page 1 of 1

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 Seven Oaks Apartments priced from $950. 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 ListingModel NameBed/BathPriced From
Seven Oaks ApartmentsstudioStudio,1BA$950
Pirate Island ApartmentsStudioStudio,1BA$975
The Rockwell Apartments1 Bed 1 Bath1BR,1BA$1,000

Best Value Apartments for Rent in South Madison, WI

As of June 02, 2025 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 2bdrr Model at Kensington Pointe Apartments starting at $1,435 with a $1.44 price per square foot in the South Central Side 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.
Park Cedar ApartmentsTwo Bedroom, One Bath2BR,1BA$1.47
Kensington Pointe Apartments2bdrr2BR,1BA$1.44
Capitol View Apartments3 Bed 1.5 Bath3BR,1.5BA$1.48
Apartments of Riverwood, LLC2 Bedroom 1 Bath2BR,1BA$1.44
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1.16
Monona Shores Apartments2BR/1BA2BR,1BA$1.46
Colonial Apartments1 Br1BR,1BA$1.27
Catalpa Crossing Apartments2 Bed 1 Bath- 11222BR,1BA$1.38
Avalon Madison Village1 Bedroom 60%1BR,1BA$1.29
The Rockwell Apartments1 Bed 1 Bath1BR,1BA$1.48

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Frequently Asked Questions about South Madison

What type of rentals are currently available in South Madison?

There are currently 142 Apartments for Rent in South Madison, WI with pricing that ranges from $900 to $3,200. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Madison ranging from $900 to $4,195.

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 $900 to $4,195 with an average monthly rent of $2,025.

How much are larger Three and Four Bedroom Rentals in South Madison?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Madison range from $1,450 to $3,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $4,000. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $2,700.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.