Cheap Apartments for Rent in the The Isthmus Neighborhood of Madison, WI from $400 (143 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 Hellenbrand Apartments priced from $705. Hub on Campus Madison has the second lowest priced unit, which is a 3 Beds apartment currently listed from $742. Here are the most affordable The Isthmus apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Hellenbrand ApartmentsStudio--111 S BassettStudio,1BA$705
Hub on Campus Madison3X5D33BR,3BA$742
Capital Park ApartmentsEfficiencyStudio,1BA$999
Courtyard Apartments, LLC.0BR/1.0BAStudio,1BA$1,025
The ConstellationEfficiency - Income restrictedStudio,1BA$1,099
The BreeseT1 Floor Plan (50LMI Income Restricted)2BR,1BA$1,365
IrwinStudioStudio,1BA$1,450
Butler PlazaOne Bedroom1BR,1BA$1,500
The EdgeSFStudio,1BA$1,520
22 Dayton1BR-1BA1BR,1BA$1,525

Best Value Apartments for Rent in The Isthmus, WI

As of July 26, 2025 the best value apartment in the The Isthmus area is the $1.99 price per square foot Two Bedroom Two Bathroom Model at The Pressman in the in the The Isthmus neighborhood starting from $3,120. The second greatest value The Isthmus apartment is the Two-Bedroom Model at 306 West starting at $2,250 with a $2.03 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.
The PressmanTwo Bedroom Two Bathroom2BR,2BA$1.99
306 WestTwo-Bedroom2BR,1BA$2.03
141 N Franklin St, Unit 1141 N Franklin St2BR,1BA$2.07
402 W Wilson Street2/22BR,2BA$1.58
Yahara Landing ApartmentsOak2BR,2BA$1.73
Hub on Campus Madison2X2L2BR,2BA$1.85
Bel Mora1 Bedroom 1 Bath1BR,1BA$2.13
640 WestC1BR,1BA$2.17
16 N Broom St, Unit 316 N Broom St2BR,1BA$2.02
Washington Plaza1 Bed + Den1BR,1BA$2.29

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
The Isthmus, Madison, WI

Ranked #10

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,525.

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

The cheapest apartment in The Isthmus is Hellenbrand Apartments which is listed at $945, while the average apartment in The Isthmus costs $3,094.

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 145 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 $956 which is $2,138 cheaper than the average rent for all rentals in The Isthmus.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.