Cheap Apartments for Rent in the Truax Neighborhood of Madison, WI from $600 (114 Rentals)

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

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Carbon
$771 - $1,943
Total Monthly Price

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$771 - $1,943
Total Monthly Price
$771 - $1,943
1 to 3 Bedroom Apartments Available Now

Carbon

2418 Winnebago StMadison, WI 53704
Pet Friendly
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  • Utilities Included
  • Low Income

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.

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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.

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Prentice Park
$1,145 - $2,099
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Total Monthly Price

Base Rent
$1,145 - $2,099
Total Monthly Price
$1,145 - $2,099
1 to 3 Bedroom Apartments Available Now

Prentice Park

803 N Thompson DrMadison, WI 53704
Pet Friendly
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  • Customer Reviewed
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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View Pointe
$1,175 - $1,525
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Total Monthly Price

Base Rent
$1,175 - $1,525
Total Monthly Price
$1,175 - $1,525
1 to 2 Bedroom Apartments Available Now

View Pointe

2301 Columbus LnMadison, WI 53704
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Hunters Ridge
$1,200
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$1,200
Total Monthly Price
$1,200
1 Bedroom Apartments Contact Us For Availability

Hunters Ridge

4741 Hayes RdMadison, WI 53704
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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.

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2111 E. Dayton St., Unit 1
$1,285
Total Monthly Price

Total Monthly Price

Base Rent
$1,285
Total Monthly Price
$1,285
1 Bedroom Apartment Available Sep 1

2111 E. Dayton St., Unit 1

2111 E. Dayton St.Madison, WI 53704
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Garver Point
Rent Specials
$1,300 - $2,640
Total Monthly Price

Total Monthly Price

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$1,300 - $2,640
Total Monthly Price
$1,300 - $2,640
Studio to 2 Bedroom Apartments Available Now

Garver Point

171 S Fair OaksMadison, WI 53704
Family Friendly
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3176 Ridgeway Ave, Unit #4
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300
1 Bedroom Apartment Available Jul 1

3176 Ridgeway Ave, Unit #4

3176 Ridgeway AveMadison, WI 53704
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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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Truax, Madison, WI Local Guide

Cheapest Available Truax Apartments for Rent

 

The cheapest available apartment rental in the Truax area of Madison, WI is a 2 Beds unit found at Rise-Madison priced from $784. The Point on Washington has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable Truax apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Rise-Madison2 Bed / 2 Bath2BR,2BA$784
The Point on WashingtonStandard StudioStudio,1BA$949
Madison Mayfair Apartments1 Bedroom1BR,1BA$999
The Victoria at Huxley Yards - A 55+ CommunityOne Bedroom - 50% AMI1BR,1BA$1,014
Sandburg StudiosComfort+ StudioStudio,1BA$1,029
Cherry Tree CrossingRemodeled StudioStudio,1BA$1,075
Cedar RidgeRemodeled StudioStudio,1BA$1,075
Heather RidgeRemodeled StudioStudio,1BA$1,075
Elka Lane Apartments1BR/1BA1BR,1BA$1,100
Freedom Park Apartments1721 - 2 Bed / 1 Bath2BR,1BA$1,100

Best Value Apartments for Rent in Truax, WI

As of June 12, 2026 the best value apartment in the Truax area is the $1.45 price per square foot Garden Model at Prentice Park in the in the East Side neighborhood starting from $1,599. The second greatest value Truax apartment is the 2566 Hoard St Model at 2566 Hoard St, Unit Downstairs apartment starting at $1,380 with a $1.36 price per square foot in the Near East Side neighborhood. Here is today’s list of the best values for Truax apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prentice ParkGarden2BR,1BA$1.45
2566 Hoard St, Unit Downstairs apartment2566 Hoard St2BR,1BA$1.36
Stonewood Villagesv2brlow2BR,1BA$1.51
Freedom Park Apartments1721 - 2 Bed / 1 Bath2BR,1BA$1.10
3401 Dawes St2bed1bath2BR,1BA$1.53
209 Kedzie St, Unit Apartment #2209 Kedzie St2BR,1BA$1.55
The Meadows Apartments2b/1b-r2BR,1BA$1.55
View Pointe1 Bed / 1 Bath1BR,1BA$1.47
Cambridge Place1BR1BR,1BA$1.47
Rise-Madison1 Bed / 1 Bath1BR,1BA$1.46

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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Pet Friendly Lifestyle
Truax, Madison, WI

Ranked #26

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Truax, Madison, WI

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Northeast Central Madison, WI. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, family-friendly amenities, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Truax Apartments

What is a cheap apartment in Truax?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Truax is under $1,100.

What is the price of a cheap apartment in Truax?

The cheapest apartment in Truax is Madison Mayfair Apartments which is listed at $999, while the average apartment in Truax costs $2,152.

What types of apartments are the cheapest in Truax?

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 403 regular apartments in Truax 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 Truax?

Cheap apartments in Truax have an average cost of $935 which is $1,217 cheaper than the average rent for all rentals in Truax.

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.

Helpful Local Expert Guides

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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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Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

Written by: Mike Heuer

I am Mike, your guide to student housing in the Greater Madison, Wisconsin, area. Madison is a terrific city that also is the Capital of Wisconsin.

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An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin

Written by: Mike Heuer

Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.