Cheap Apartments for Rent in the University of Wisconsin Neighborhood of Madison, WI from $500 (87 Rentals)

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

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1219 Regent St
$875 - $3,600
Total Monthly Price

Total Monthly Price

Base Rent
$875 - $3,600
Total Monthly Price
$875 - $3,600
4 Bedroom Apartment Available Aug 15

1219 Regent St

1219 Regent StMadison, WI 53715
Furnished
  • Smoke Free
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Vicino Madison
$1,061 - $2,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,061 - $2,375
Total Monthly Price
$1,061 - $2,375
Studio to 2 Bedroom Apartments Available May 1

Vicino Madison

1235 Regent StMadison, WI 53715
Pet Friendly
  • Verified
  • Utilities Included
  • Low Income

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1309 Spring St
$1,589
Total Monthly Price

Total Monthly Price

Base Rent
$1,510
Required Monthly Fees
$79
Total Monthly Price
$1,589
2 Bedroom Apartments Available Now

1309 Spring St

1309-1315 Spring StMadison, WI 53715
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Urbane
$1,670
Total Monthly Price

Total Monthly Price

Base Rent
$1,570
Required Monthly Fees
$100
Total Monthly Price
$1,670
Studio Apartments Contact Us For Availability

The Urbane

2725 Marshall CtMadison, WI 53705
Eco-Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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property at 1302 Mound St

$1,800

2 Bedroom Rentals

Available Aug 15

1302 Mound St

MadisonWI53715
property at 328 N Allen St

$2,295

Total Monthly Price

Total Monthly Price

Base Rent
$2,295
Total Monthly Price
$2,295

2 Bedroom, 1.5 Bath Condo for Rent

Available Apr 10

328 N Allen St, Unit 1

328 N Allen St
MadisonWI53726

Madison's Best Affordable Neighborhoods

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

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property at 2942 Stevens St

$3,300

Total Monthly Price

Total Monthly Price

Base Rent
$3,300
Total Monthly Price
$3,300

2 Bedroom, 2 Bath Home for Rent

Available Now

2942 Stevens St

MadisonWI53705
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45 N Orchard St
Studio to 1 Bedroom Apartments

45 N Orchard St

45 N Orchard StMadison, WI 53715
  • Utilities Included
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Randall Park Rentals
Studio to 1 Bedroom Apartments

Randall Park Rentals

1308 Spring StMadison, WI 53715
Student Housing
  • Utilities Included
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Otto's House
Studio to 1 Bedroom Apartments

Otto's House

2554 Kendall AveMadison, WI 53705

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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University of Wisconsin, Madison, WI Local Guide

Cheapest Available University of Wisconsin Apartments for Rent

 

The cheapest available apartment rental in the University of Wisconsin area of Madison, WI is a 4 Beds unit found at Humbucker Apartments priced from $799. 1301 Spring St has the second lowest priced unit, which is a Studio apartment currently listed from $845. Here are the most affordable University of Wisconsin apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Humbucker Apartments4x2-12254BR,2BA$799
1301 Spring StStudio Sublet 5/1-8/13Studio,1BA$845
Allen House Apartments0x1-390Studio,1BA$1,071
The Heights1 BED 1 BA – Income Restricted – 50%1BR,1BA$1,128
Oak Tree Apartments2 Bed/2 Bath w/laundry - HUGE DISCOUNT!2BR,2BA$1,500
VicinatoStudio EStudio,1BA$1,530
1309 Spring St2BR/1.0BA2BR,1BA$1,589
Longfellow LoftsHistoric - 1 Bedroom 1 Bath1BR,1BA$1,665
The UrbaneE-StyleStudio,1BA$1,670

Best Value Apartments for Rent in University of Wisconsin, WI

As of April 03, 2026 the best value apartment in the University of Wisconsin area is the $2.51 price per square foot 3BR/1.0BA Model at Park Terrace West in the in the Downtown Madison neighborhood starting from $2,999. The second greatest value University of Wisconsin apartment is the 2 Bed/1 Bath Model at 2104 University Ave starting at $1,795 with a $1.94 price per square foot in the Downtown Madison neighborhood. Here is today’s list of the best values for University of Wisconsin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Terrace West3BR/1.0BA3BR,1BA$2.51
2104 University Ave2 Bed/1 Bath2BR,1BA$1.94
1812 Madison St, Unit #21812 Madison St3BR,1BA$2.18
2135 University Ave, Unit #12135 University Ave1BR,1BA$1.64
501 Shepard Ter501 Shepard Ter2BR,1BA$2.22
Arbor CrossingP Floor Plan1BR,1BA$2.57
Longfellow LoftsHistoric - 1 Bedroom 1 Bath1BR,1BA$2.30
The Heights1 BED 1 BA – Income Restricted – 50%1BR,1BA$1.68
Oak Tree Apartments2 Bedroom/1 Bath2BR,1BA$2.64
1301 Spring StStudio Sublet 5/1-8/13Studio ,1BA$2.96

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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Pet Friendly Lifestyle
University Of Wisconsin, Madison, WI

Ranked #78

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap University of Wisconsin Apartments

What is a cheap apartment in University of Wisconsin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University of Wisconsin is under $1,670.

What is the price of a cheap apartment in University of Wisconsin?

The cheapest apartment in University of Wisconsin is The Heights which is listed at $1,128, while the average apartment in University of Wisconsin costs $5,395.

What types of apartments are the cheapest in University of Wisconsin?

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 15 regular apartments in University of Wisconsin that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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