
Cheap Apartments for Rent in the University of Wisconsin Neighborhood of Madison, WI from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the University of Wisconsin area of Madison.


Allen House Apartments

Casa Blanca Apartments

The Normandy Apartments

Oakland on Monroe
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.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer
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.
University of Wisconsin, Madison, WI Local Guide

How much does it cost to rent an apartment in University of Wisconsin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University of Wisconsin Studio Apartments | $1,361 | $1,099 | $1,825 |
University of Wisconsin 1 Bedroom Apartments | $1,882 | $1,128 | $3,750 |
University of Wisconsin 2 Bedroom Apartments | $2,802 | $1,489 | $7,000 |
University of Wisconsin 3 Bedroom Apartments | $2,772 | $1,870 | $3,745 |
University of Wisconsin 4 Bedroom Apartments | $2,695 | $2,650 | $2,740 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 1 mile radius of the University of Wisconsin Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
University of Wisconsin, Madison, WI Local Guide
- Nearby Madison neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available University of Wisconsin Apartments for Rent
 The cheapest available apartment rental in the University of Wisconsin area of Madison, WI is a Studio unit found at Allen House Apartments priced from $1,049. The Normandy Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,370. Here are the most affordable University of Wisconsin apartments for rent in Madison, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Allen House Apartments | 0x1-361 | Studio,1BA | $1,049 |
The Normandy Apartments | Studio | Studio,1BA | $1,370 |
Oakland on Monroe | The Monroe | 1BR,1BA | $1,385 |
PELOTON RESIDENCES, LLC - Phase 1 | PLT - A | Studio,1BA | $1,565 |
The Quarry Apartments | 1 Bedroom | 1BR,1BA | $1,865 |
Best Value Apartments for Rent in University of Wisconsin, WI
As of June 10, 2025 the best value apartment in the University of Wisconsin area is the $3.01 price per square foot C3 Model at EO Madison Yards in the in the University of Wisconsin neighborhood starting from $3,110. The second greatest value University of Wisconsin apartment is the Apartment 102 Model at Greenbush Apartments starting at $2,995 with a $3.10 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
EO Madison Yards | C3 | 2BR,2BA | $3.01 |
Greenbush Apartments | Apartment 102 | 3BR,1BA | $3.10 |
The Quarry Apartments | One Bedroom Plus Den | 1BR,1BA | $2.20 |
Virtue | 1 Bed/1 Bath + Den | 1BR,1BA | $2.81 |
Longfellow Lofts | Historic - 1 Bedroom 1 Bath | 1BR,1BA | $2.39 |
PELOTON RESIDENCES, LLC - Phase 1 | PLT - U | 1BR,1BA | $2.81 |
Domain | L5 | 1BR,1BA | $3.15 |
The Normandy Apartments | Studio | Studio ,1BA | $2.40 |
Oakland on Monroe | The Monroe | 1BR,1BA | $2.76 |
Allen House Apartments | 0x1-361 | Studio ,1BA | $3.04 |
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.
Pet Friendly LifestyleUniversity Of Wisconsin, Madison, WI
Ranked #77
Among neighborhoods in Madison, WI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 $2,350.
What is the price of a cheap apartment in University of Wisconsin?
The cheapest apartment in University of Wisconsin is Allen House Apartments which is listed at $1,199, while the average apartment in University of Wisconsin costs $2,895.
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 1 regular apartments in University of Wisconsin 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 University of Wisconsin?
Cheap apartments in University of Wisconsin have an average cost of $321 which is $2,574 cheaper than the average rent for all rentals in University of Wisconsin.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.