Cheap Apartments for Rent in the The Isthmus Neighborhood of Madison, WI from $400 (177 Rentals)

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

property at 522 W Wilson St

$850

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Base Rent
$850

Total Monthly Price
$850

Studio, 1 Bath Home for Rent

Available Aug 15

522 W Wilson St

MadisonWI53703

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137 E Gorham St
$1,150 - $1,800
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$1,150 - $1,800

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

137 E Gorham St

137 E Gorham StMadison, WI 53703
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121 N Hancock St
$1,150 - $1,425
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$1,150 - $1,425

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$1,150 - $1,425
Studio to 1 Bedroom Apartment Available Jun 1

121 N Hancock St

121 N Hancock StMadison, WI 53703
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129 E Gorham St
$1,195 - $2,600
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$1,195 - $2,600

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$1,195 - $2,600
1 to 3 Bedroom Apartment Available Aug 15, 2027

129 E Gorham St

129 E Gorham StMadison, WI 53703
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The Constellation
$1,199 - $3,299
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$1,199 - $3,299

Total Monthly Price
$1,199 - $3,299
Studio to 3 Bedroom Apartments Available Now

The Constellation

10 N Livingston StMadison, WI 53703
Transit Friendly
  • Verified
  • Utilities Included
  • Low Income

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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 632 Howard Place priced from $895. 22 N Franklin St has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable The Isthmus apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
632 Howard Place632 Howard Place - 303Studio,1BA$895
22 N Franklin StStudio AStudio,1BA$915
228 Langdon StStudioStudio,1BA$990
The BayshoreStudioStudio,1BA$1,025
Greenspire Wilson Apartments0BR/1.0BAStudio,1BA$1,040
City RowA1 (50LMI Income Restricted)Studio,1BA$1,070
Jenifer PlaceStudio (8/1/26)Studio,1BA$1,110
Williamson PlaceStudio (8/1/26)Studio,1BA$1,120
The Badger Den Apartments on GilmanWarnerStudio,1BA$1,129

Best Value Apartments for Rent in The Isthmus, WI

As of April 26, 2026 the best value apartment in the The Isthmus area is the $1.09 price per square foot 855 E Gorham St Model at 855 E Gorham St, Unit 855 in the in the The Isthmus neighborhood starting from $2,625. The second greatest value The Isthmus apartment is the Two Bed/Two Bath Model at Butler Plaza starting at $2,195 with a $1.83 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.
855 E Gorham St, Unit 855855 E Gorham St4BR,2BA$1.09
Butler PlazaTwo Bed/Two Bath2BR,2BA$1.83
127 N Franklin St, Unit 127127 N Franklin St3BR,1BA$1.67
The Lurican2 Beds, 2 baths2BR,2BA$2.05
207 S Broom St, Unit #2207 S Broom St3BR,1BA$1.69
City PlaceTwo Bedroom Two Bathroom2BR,2BA$1.54
229 Lakelawn *Student Housing*4 Bedroom 26-27 School Year / Room4BR,3BA$1.18
402 W Wilson StreetThe Lakeshore2BR,2BA$1.67
Sheelin ApartmentsOne bed1BR,1BA$1.77
Bedford Crossing1BR/1.0BA1BR,1BA$1.69

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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 $1,129.

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

The cheapest apartment in The Isthmus is The Bayshore which is listed at $1,095, while the average apartment in The Isthmus costs $5,850.

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 67 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 $1,001 which is $4,849 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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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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