Cheap Apartments for Rent in the Truax Neighborhood of Madison, WI from $567 (127 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Carbon
$771 - $1,943

Total Monthly Price

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

Carbon

2418 Winnebago StMadison, WI 53704
Pet Friendly
  • Verified
  • Utilities Included
  • Low Income
close
View Me
2078 Atwood Ave
$899 - $950

Total Monthly Price

Base Rent$899 - $950
Total Monthly Price$899 - $950
Studio Apartment Available Now

2078 Atwood Ave

2078 Atwood AveMadison, WI 53704
Affordability
close
View Me
Freedom Park Apartments
Rent Specials
$925 - $1,350

Total Monthly Price

Base Rent$925 - $1,350
Total Monthly Price$925 - $1,350
1 to 2 Bedroom Apartments Available Now

Freedom Park Apartments

3802 Lien RdMadison, WI 53704
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Read Article
property at 1617 Troy Dr
$999 - $1,175
Studio To 1 Bedroom Rentals
Available Now
Affordability

1617 Troy Dr

MadisonWI53704

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.

Read Article
property at 714 N Oak St
$950 - $1,100
1 Bedroom Rentals
Available Now
Affordability

714 N Oak St

MadisonWI53704
close
View Me
Prentice Park
$1,145 - $2,074

Total Monthly Price

Base Rent$1,145 - $2,074
Total Monthly Price$1,145 - $2,074
1 to 3 Bedroom Apartments Available Now

Prentice Park

803 N Thompson DrMadison, WI 53704
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Utilities Included

Madison's Best Affordable Neighborhoods

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

Read Article

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.

Read Article
close
View Me
Elka Lane Apartments
Rent Specials
$1,200 - $1,350

Total Monthly Price

Base Rent$1,200 - $1,350
Total Monthly Price$1,200 - $1,350
1 to 2 Bedroom Apartments Available Now

Elka Lane Apartments

2002-2022 Elka LnMadison, WI 53704
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Hunters Ridge
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
1 Bedroom Apartments Available Soon

Hunters Ridge

4741 Hayes RdMadison, WI 53704
Cost Per Sq.Ft.
  • Verified
  • Utilities Included
  • Smoke Free
property at 3541 Graceland Ave
$1,250

Total Monthly Price

Base Rent$1,250
Total Monthly Price$1,250
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

3541 Graceland Ave, Unit A

3541 Graceland Ave
MadisonWI53704

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.

Read Article
Showing Results 1-50, Page 1 of 3

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 Studio unit found at The Point on Washington priced from $949. Marina Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Truax apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
The Point on WashingtonStandard StudioStudio,1BA$949
Marina Park Apartments10 Sherman Terr1BR,1BA$950
Holiday Terrace Apartments1 Beds, 1 Baths1BR,1BA$950
Ridgewood Trails0BR/1.0BAStudio,1BA$999
Madison Mayfair Apartments1 Bedroom1BR,1BA$999
Port VistaStudioStudio,1BA$999
Sandburg StudiosComfort+ StudioStudio,1BA$1,029
Londonderry LoftsSTUDIOStudio,1BA$1,045
Freedom Park Apartments1722 - 1 Bed / 1 Bath1BR,1BA$1,050

Best Value Apartments for Rent in Truax, WI

As of September 11, 2026 the best value apartment in the Truax area is the $1.43 price per square foot Homestead Model at Prentice Park in the in the East Side neighborhood starting from $1,974. The second greatest value Truax apartment is the 18 Woodridge 2 Bedroom 1 Bathroom Model at 10 Woodridge Ct starting at $1,380 with a $1.12 price per square foot in the Carpenter-Ridgeway 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 ParkHomestead3BR,2BA$1.43
10 Woodridge Ct18 Woodridge 2 Bedroom 1 Bathroom2BR,1BA$1.12
4674 Hayes Rd, Unit 24674 Hayes Rd2BR,1BA$1.42
Canopy Trails I2BR/2.0BA2BR,2BA$1.33
Stonewood Villagesv2brup2BR,1BA$1.41
Canopy Collection - Canopy Trails2BR/1.0BA2BR,1BA$1.36
The Meadows Apartments2br/1b2BR,1BA$1.43
2005 Browning Rd, Unit Browning2005 Browning Rd2BR,1BA$1.30
Cambridge Place1BR1BR,1BA$1.34
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

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
Truax, Madison, WI

Ranked #24

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

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 $1,050.

What is the price of a cheap apartment in Truax?

The cheapest apartment in Truax is Marina Park Apartments which is listed at $950, while the average apartment in Truax costs $1,514.

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 341 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 $933 which is $581 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

decorative image for Finding Your Place in Madison: Neighborhoods Close to the City's Biggest Jobs article

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

Written by: Mike Heuer

Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.

decorative image for An Insider's Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin article

An Insider's 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.

decorative image for Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI article

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.

decorative image for The Expert's Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison article

The Expert's 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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.