
Cheap Homes for Rent in The Isthmus Neighborhood of Madison, WI from $1,300 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the The Isthmus area of Madison.


454 W Dayton St

114 W Gilman St, Unit 11

114 W Gilman St, Unit 14

1975 E Washington Ave
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.

213 S Broom St, Unit 3, Unit 3

402 W Dayton St, Unit 314

819 E Gorham St

828-830 E Johnson St

309 W Washington Ave
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.

1129 Elizabeth St, Unit 1
The Isthmus, Madison, WI Local Guide

How much does it cost to rent a home in The Isthmus?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Isthmus 2 Bedroom Homes for Rent | $2,382 | $1,350 | $3,200 |
| The Isthmus 3 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
| The Isthmus 4 Bedroom Homes for Rent | $3,474 | $3,200 | $3,749 |
| The Isthmus 5 Bedroom Homes for Rent | $2,966 | $2,400 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 1 mile radius of the The Isthmus Neighborhood of Madison, WI.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 632 Howard Place | 632 Howard Place - 303 | Studio,1BA | $895 |
| 22 N Franklin St | Studio A | Studio,1BA | $915 |
| 228 Langdon St | Studio | Studio,1BA | $990 |
| The Bayshore | Studio | Studio,1BA | $1,025 |
| Greenspire Wilson Apartments | 0BR/1.0BA | Studio,1BA | $1,040 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 855 E Gorham St, Unit 855 | 855 E Gorham St | 4BR,2BA | $1.09 |
| Butler Plaza | Two Bed/Two Bath | 2BR,2BA | $1.83 |
| 127 N Franklin St, Unit 127 | 127 N Franklin St | 3BR,1BA | $1.67 |
| The Lurican | 2 Beds, 2 baths | 2BR,2BA | $2.05 |
| 207 S Broom St, Unit #2 | 207 S Broom St | 3BR,1BA | $1.69 |
| City Place | Two Bedroom Two Bathroom | 2BR,2BA | $1.54 |
| 229 Lakelawn *Student Housing* | 4 Bedroom 26-27 School Year / Room | 4BR,3BA | $1.18 |
| 402 W Wilson Street | The Lakeshore | 2BR,2BA | $1.67 |
| Sheelin Apartments | One bed | 1BR,1BA | $1.77 |
| Bedford Crossing | 1BR/1.0BA | 1BR,1BA | $1.69 |
Frequently Asked Questions about The Isthmus
What type of rentals are currently available in The Isthmus?
There are currently 480 Apartments for Rent in The Isthmus, WI with pricing that ranges from $725 to $14,130. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Isthmus ranging from $1,350 to $3,749.
What is the current price range for Rental Homes in The Isthmus?
Today's rental pricing for Homes for Rent, Condos and Townhomes in The Isthmus ranges from $1,350 to $3,749 with an average monthly rent of $2,576.
How much are larger Three and Four Bedroom Rentals in The Isthmus?
For those who are looking for larger living arrangements, Three Bedroom Apartments in The Isthmus range from $1,119 to $14,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $2,100. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $1,175.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.