
Cheap Homes for Rent in Truax Neighborhood of Madison, WI from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Truax area of Madison.


131 N Fair Oaks Ave

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.

2018 N Sherman Ave

501 N Sherman Ave, Unit 501 B. N. Sherman Ave.

3319 Lotheville Rd
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.
Truax, Madison, WI Local Guide

How much does it cost to rent a home in Truax?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Truax 2 Bedroom Homes for Rent | $2,030 | $1,645 | $2,650 |
| Truax 3 Bedroom Homes for Rent | $2,247 | $1,950 | $2,895 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Truax Neighborhood of Madison, WI.
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Truax, Madison, WI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rise-Madison | 2 Bed / 2 Bath | 2BR,2BA | $784 |
| The Point on Washington | Standard Studio | Studio,1BA | $949 |
| Heather Ridge | Studio | Studio,1BA | $995 |
Best Value Apartments for Rent in Truax, WI
As of May 31, 2026 the best value apartment in the Truax area is the $1.41 price per square foot 3x2 Income restricted Model at Carbon at Union Corners in the in the Near East Side neighborhood starting from $1,811. The second greatest value Truax apartment is the 2 Bed / 2 Bath Model at Timber Bluff starting at $1,495 with a $1.19 price per square foot in the Eastmorland neighborhood. Here is today’s list of the best values for Truax apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
| Timber Bluff | 2 Bed / 2 Bath | 2BR,2BA | $1.19 |
| Stonewood Village | sv2brup | 2BR,1BA | $1.46 |
| 2566 Hoard St, Unit Downstairs apartment | 2566 Hoard St | 2BR,1BA | $1.36 |
| Freedom Park Apartments | 1721 - 2 Bed / 1 Bath | 2BR,1BA | $1.10 |
| 1310 Hooker Ave | 2 bedroom | 2BR,1BA | $1.53 |
| 2414 Brentwood Pky, Unit #A | 2414 Brentwood Pky | 2BR,1BA | $1.28 |
| Canopy Collection - Canopy Trails | 1 bed | 1BR,1BA | $1.35 |
| View Pointe | 1 BR/ 1 BA | 1BR,1BA | $1.47 |
| Rise-Madison | 1 Bed / 1 Bath | 1BR,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 ArticleDon'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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleTruax, Madison, WI
Ranked #25
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Truax, Madison, WI
Hawthorne Elementary
School data provided by Great Schools
Frequently Asked Questions about Truax
What type of rentals are currently available in Truax?
There are currently 203 Apartments for Rent in Truax, WI with pricing that ranges from $925 to $4,944. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Truax ranging from $990 to $2,895.
What is the current price range for Rental Homes in Truax?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Truax ranges from $990 to $2,895 with an average monthly rent of $1,801.
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

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.

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.

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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.