
Cheap Homes for Rent in Tenney-Lapham Neighborhood of Madison, WI from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Tenney-Lapham area of Madison.


23 Sherman Ter, Unit 5

933 Spaight St
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.

17 Sherman Ter, Unit 2

1046 Jenifer St, Unit 3

828-830 E Johnson St
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.

24 Sherman Ter, Unit 6
Tenney-Lapham, Madison, WI Local Guide

How much does it cost to rent a home in Tenney-Lapham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tenney-Lapham 2 Bedroom Homes for Rent | $1,989 | $1,250 | $3,200 |
| Tenney-Lapham 3 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Tenney-Lapham 4 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 |
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 Tenney-Lapham
What type of rentals are currently available in Tenney-Lapham?
There are currently 123 Apartments for Rent in Tenney-Lapham, WI with pricing that ranges from $803 to $6,499. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tenney-Lapham ranging from $1,250 to $3,200.
What is the current price range for Rental Homes in Tenney-Lapham?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Tenney-Lapham ranges from $1,250 to $3,200 with an average monthly rent of $1,972.
How much are larger Three and Four Bedroom Rentals in Tenney-Lapham?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Tenney-Lapham range from $1,519 to $6,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $2,200. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,066.
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.