Cheap Apartments for Rent in the The Isthmus Neighborhood of Madison, WI from $400 (173 Rentals)

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Search the lowest-cost Apartments available for rent right now in the The Isthmus area of Madison.

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636 State St
$1,050 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,300
Total Monthly Price
$1,050 - $1,300
Studio to 1 Bedroom Apartment Available Jul 1

636 State St

636 State StMadison, WI 53703
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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137 E Gorham St
$1,150 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,800
Total Monthly Price
$1,150 - $1,800
Studio to 2 Bedroom Apartment Available Aug 15, 2027

137 E Gorham St

137 E Gorham StMadison, WI 53703
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121 N Hancock St
$1,195 - $1,425
Total Monthly Price

Total Monthly Price

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$1,195 - $1,425
Total Monthly Price
$1,195 - $1,425
Studio to 1 Bedroom Apartment Available Jun 1

121 N Hancock St

121 N Hancock StMadison, WI 53703
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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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510 W Main St
$1,300 - $1,975
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,975
Total Monthly Price
$1,300 - $1,975
1 to 2 Bedroom Apartment Available Now

510 W Main St

510 W Main StMadison, WI 53703
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Isthmus, Madison, WI Local Guide

Cheapest Available The Isthmus Apartments for Rent

 

The cheapest available apartment rental in the The Isthmus area of Madison, WI is a Studio unit found at 106 S Hancock St priced from $890. 632 Howard Place has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable The Isthmus apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
106 S Hancock StStudioStudio,1BA$890
632 Howard Place632 Howard Place - 304Studio,1BA$895
421 W Gilman St421 Gilman 1 Bedroom1BR,1BA$990
City RowA4 (50LMI Income Restricted)Studio,1BA$1,070
Courtyard Apartments0BR/1.0BAStudio,1BA$1,070
Jenifer PlaceStudio (8/1/26)Studio,1BA$1,110
Williamson PlaceStudio (8/1/26)Studio,1BA$1,120
402 W Wilson StreetThe Mendota1BR,1BA$1,138

Best Value Apartments for Rent in The Isthmus, WI

As of March 11, 2026 the best value apartment in the The Isthmus area is the $1.40 price per square foot 813 Williamson St Model at 813 Williamson St, Unit #1 in the in the The Isthmus neighborhood starting from $2,100. The second greatest value The Isthmus apartment is the 453 W Mifflin St Model at 453 W Mifflin St, Unit 1 starting at $1,845 with a $1.38 price per square foot in the The Isthmus neighborhood. Here is today’s list of the best values for The Isthmus apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
813 Williamson St, Unit #1813 Williamson St3BR,1BA$1.40
453 W Mifflin St, Unit 1453 W Mifflin St3BR,1BA$1.38
857 E Gorham St, Unit 857857 E Gorham St3BR,1BA$1.46
447 W Mifflin St, Unit 1447 W Mifflin St3BR,1BA$1.64
114 S Blair St114 S Blair St2BR,1BA$1.36
950 Jenifer St, Unit 2950 Jenifer St2BR,1BA$1.62
229 Lakelawn *Student Housing*4 Bedroom 26-27 School Year / Room4BR,3BA$1.18
451 W Mifflin St, Unit 3451 W Mifflin St2BR,1BA$1.27
17 N Bassett St17 N Bassett St1BR,1BA$1.46
315 N Blair St315 N Blair St1BR,1BA$1.47

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.

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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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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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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you comprehensive Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Madison. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, places that make kids happy, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap The Isthmus Apartments

What is a cheap apartment in The Isthmus?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Isthmus is under $1,138.

What is the price of a cheap apartment in The Isthmus?

The cheapest apartment in The Isthmus is 421 W Gilman St which is listed at $990, while the average apartment in The Isthmus costs $9,500.

What types of apartments are the cheapest in The Isthmus?

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 77 regular apartments in The Isthmus 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 The Isthmus?

Cheap apartments in The Isthmus have an average cost of $1,059 which is $8,441 cheaper than the average rent for all rentals in The Isthmus.

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

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