
Cheap Apartments for Rent in the Tenney-Lapham Neighborhood of Madison, WI from $800 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in the Tenney-Lapham area of Madison.


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1049 Spaight St, Unit Apartment 3

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Courtyard Apartments

City Row

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Constellation

520 E Washington Ave

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1149 E Dayton St, Unit 3

Rivers Edge Apartments

5 Sherman Ter, Unit 4

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315 N Franklin St, Unit #2
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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.

Williamson Place

Valor on Washington

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1135 Williamson St, Unit 1

Jenifer Place

23 Sherman Ter, Unit 5

1216 Williamson St

301 S Livingston St

The Breese

410 N Paterson St

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Irwin
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.

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Lincoln School

Veritas Village, LLC

Briarwood Apartments

Bakers Place

Park Central

22 N Franklin St

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The Duncan

Baldwin Corners Apartments

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Galaxie High Rise Apartments

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206 Blair N St, Unit 3
Cash 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.

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Factory District

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The Penny

Lyric

17 Sherman Ter, Unit 2

933 Spaight St

1046 Jenifer St, Unit 3

Arden

819-821 E Gorham St

137-141 N Franklin St

700 East Apartments
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.

Total Monthly Price
221 N Livingston St, Unit #3

1135 E Gorham St

215-217 N Blair St

24 Sherman Ter, Unit 6

Norris Court

Old Market Row

29 N Hancock St

1124 Jenifer St

916 E Gorham St

1129 Elizabeth St
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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.
Tenney-Lapham, Madison, WI Local Guide

How much does it cost to rent an apartment in Tenney-Lapham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tenney-Lapham Studio Apartments | $1,689 | $1,055 | $2,601 |
| Tenney-Lapham 1 Bedroom Apartments | $2,192 | $803 | $3,626 |
| Tenney-Lapham 2 Bedroom Apartments | $3,089 | $1,319 | $6,450 |
| Tenney-Lapham 3 Bedroom Apartments | $3,736 | $1,519 | $6,499 |
| Tenney-Lapham 4 Bedroom Apartments | $2,487 | $2,066 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 58 rentals with your search options within a 2 mile radius of the Tenney-Lapham Neighborhood of Madison, WI.
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Tenney-Lapham, Madison, WI Local Guide
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Cheapest Available Tenney-Lapham Apartments for Rent
 The cheapest available apartment rental in the Tenney-Lapham area of Madison, WI is a Studio unit found at Courtyard Apartments priced from $1,055. City Row has the second lowest priced unit, which is a Studio apartment currently listed from $1,070. Here are the most affordable Tenney-Lapham apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Courtyard Apartments | 0BR/1.0BA | Studio,1BA | $1,055 |
| City Row | A1 (50LMI Income Restricted) | Studio,1BA | $1,070 |
| The Shield | A4 | 1BR,1BA | $1,314 |
| Williamson Place | 1 Bedroom (8/1/26) | 1BR,1BA | $1,315 |
| Valor on Washington | Two Bedroom | 2BR,1BA | $1,319 |
| Briarwood Apartments | One Bedroom | 1BR,1BA | $1,450 |
| Bakers Place | S6 | Studio,1BA | $1,457 |
| Baldwin Corners Apartments | 1 Bedroom (8/1/26) | 1BR,1BA | $1,510 |
Best Value Apartments for Rent in Tenney-Lapham, WI
As of June 20, 2026 the best value apartment in the Tenney-Lapham area is the $0.56 price per square foot 1049 Spaight St Model at 1049 Spaight St, Unit Apartment 3 in the in the The Isthmus neighborhood starting from $1,000. The second greatest value Tenney-Lapham apartment is the 127 N Franklin St Model at 127 N Franklin St, Unit 127 starting at $2,000 with a $1.67 price per square foot in the The Isthmus neighborhood. Here is today’s list of the best values for Tenney-Lapham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1049 Spaight St, Unit Apartment 3 | 1049 Spaight St | 1BR,1BA | $0.56 |
| 127 N Franklin St, Unit 127 | 127 N Franklin St | 3BR,1BA | $1.67 |
| 18 N Baldwin St, Unit B | 18 N Baldwin St | 1BR,2BA | $1.70 |
| Galaxie High Rise Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1.80 |
| Valor on Washington | Two Bedroom | 2BR,1BA | $1.32 |
| The Breese | T2 Floor Plan (60LMI Income Restricted) | 2BR,1BA | $2.23 |
| The Shield | A4 | 1BR,1BA | $1.72 |
| Baldwin Corners Apartments | 1 Bedroom (8/1/26) | 1BR,1BA | $2.13 |
| Briarwood Apartments | One Bedroom | 1BR,1BA | $2.12 |
| Williamson Place | 1 Bedroom (8/1/26) | 1BR,1BA | $2.08 |
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 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.
Pet Friendly LifestyleTenney-Lapham, Madison, WI
Ranked #54
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Tenney-Lapham Apartments
What is a cheap apartment in Tenney-Lapham?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Tenney-Lapham is under $1,510.
What is the price of a cheap apartment in Tenney-Lapham?
The cheapest apartment in Tenney-Lapham is The Shield which is listed at $1,314, while the average apartment in Tenney-Lapham costs $3,500.
What types of apartments are the cheapest in Tenney-Lapham?
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 4 regular apartments in Tenney-Lapham 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 Tenney-Lapham?
Cheap apartments in Tenney-Lapham have an average cost of $396 which is $3,104 cheaper than the average rent for all rentals in Tenney-Lapham.
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

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.

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 Insiders 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.
Articles, How-To's, and Tips

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.