Cheap Homes for Rent in The Isthmus Neighborhood of Madison, WI from $1,300 (11 Rentals)

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

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.

property at 213 S Broom St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Condo for Rent

Available Now

213 S Broom St, Unit 3, Unit 3

213 S Broom St
MadisonWI53703
property at 309 W Washington Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Now

309 W Washington Ave

MadisonWI53703

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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 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

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

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

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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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.