Cheap Apartments for Rent in the The Isthmus Neighborhood of Madison, WI from $400 (207 Rentals)

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

Finding Your Place in Madison: Neighborhoods Close to the City’s Biggest Jobs

Finding the right Madison apartment near work is easy. Browse our guide to the best neighborhoods for professionals, from State-Langdon to Bay Creek.

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636 State St
$1,000 - $1,300
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$1,000 - $1,300
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$1,000 - $1,300
Studio to 1 Bedroom Apartment Available Now

636 State St

636 State StMadison, WI 53703
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Courtyard Apartments
Rent Specials
$1,080 - $1,300
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$1,080 - $1,300
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$1,080 - $1,300
Studio Apartments Available Now

Courtyard Apartments

102 N Franklin StMadison, WI 53703
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Constellation
Rent Specials
$1,199 - $2,799
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$1,199 - $2,799
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$1,199 - $2,799
Studio to 3 Bedroom Apartments Available Now

Constellation

10 N Livingston 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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property at 1259 Spaight St

$1,200 - $1,300

Studio To 1 Bedroom Rentals

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1259 Spaight St

MadisonWI53703

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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532 W Wilson St, Unit 2
$1,270
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$1,270
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$1,270
1 Bedroom Apartment Available Aug 15

532 W Wilson St, Unit 2

532 W Wilson StMadison, WI 53703
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1237 E Johnson St, Unit 1237
$1,295
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$1,295
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$1,295
1 Bedroom Apartment Available Aug 15

1237 E Johnson St, Unit 1237

1237 E Johnson StMadison, WI 53703
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Bassett Walk
$1,300 - $1,500
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$1,300 - $1,500
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$1,300 - $1,500
Studio Apartments Available Aug 16

Bassett Walk

506 W Main StMadison, WI 53703
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Washington Court Apartments
Rent Specials
$1,350 - $1,800
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$1,350 - $1,800
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$1,350 - $1,800
1 Bedroom Apartments Contact Us For Availability

Washington Court Apartments

536 W Washington AveMadison, WI 53703
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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.

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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 1 Bed unit found at The Shield priced from $842. 126-128 S Franklin St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $929. Here are the most affordable The Isthmus apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
The ShieldA21BR,1BA$842
126-128 S Franklin St1 BR1BR,1BA$929
106 S Hancock StStudioStudio,1BA$990
502 E Main StEfficiencyStudio,1BA$999
Greenspire Wilson Apartments0BR/1.0BAStudio,1BA$1,050
City RowA1 (50LMI Income Restricted)Studio,1BA$1,070
Courtyard Apartments0BR/1.0BAStudio,1BA$1,080
The Badger Den Apartments on GilmanWaunonaStudio,1BA$1,149
The Monona Apartments1 Beds, 1 Baths1BR,1BA$1,175

Best Value Apartments for Rent in The Isthmus, WI

As of July 26, 2026 the best value apartment in the The Isthmus area is the $1.76 price per square foot 3 Bed / 2 Bath Model at Galaxie High Rise Apartments in the in the The Isthmus neighborhood starting from $2,999. The second greatest value The Isthmus apartment is the 3BR/1.0BA Model at 916 E Gorham St starting at $1,550 with a $1.41 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.
Galaxie High Rise Apartments3 Bed / 2 Bath3BR,2BA$1.76
916 E Gorham St3BR/1.0BA3BR,1BA$1.41
Yahara Landing ApartmentsOak2BR,2BA$1.88
The GraaskampUnit U-E12BR,2BA$1.67
Atwood Courtyard2 Bedroom2BR,1BA$1.90
822 E Dayton St, Unit 1822 E Dayton St2BR,1BA$1.89
Bedford Crossing1BR/1.0BA1BR,1BA$1.98
Lincoln SchoolOne Bedroom1BR,1BA$1.68
The ShieldA21BR,1BA$1.18
Towers on State2BR/1BA - B12BR,1BA$1.82

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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Real 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.

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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.

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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 $1,175.

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

The cheapest apartment in The Isthmus is The Shield which is listed at $842, while the average apartment in The Isthmus costs $4,050.

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 10 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 $1,152 which is $2,898 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.

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