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$999Studio to 4 Bedroom Apartments Available Now
University Bay
2124 University AveMadison, WI 53726
Cheap Apartments for Rent in the University of Wisconsin Neighborhood of Madison, WI from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the University of Wisconsin area of Madison.
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$1,092 - $2,6101 to 3 Bedroom Apartments Available Now
The Heights
2206 University AveMadison, WI 53726
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$1,300 - $2,6991 to 3 Bedroom Apartments Available Now
Park Terrace West Apartments
45 N Randall AveMadison, WI 53715
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$1,3591 Bedroom Apartments Contact Us For Availability
Allen House Apartments
2130 University AveMadison, WI 53726
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$1,3701 Bedroom Apartment Available Now
2721 Lynn Ter, Unit 2721 Lynn Terrace
2721 Lynn TerMadison, WI 53705
2632 Stevens St
MadisonWI53705
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$1,510 - $3,3981 to 2 Bedroom Apartments Available Now
Longfellow Lofts
1015 Mound StMadison, WI 53715
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$1,525 - $3,4501 to 2 Bedroom Apartments Available Now
Oakland on Monroe
1611 Monroe StMadison, WI 53711
1728 Van Hise Ave
MadisonWI53726
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Showing Results 1-36, Page 1 of 1
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 | $1,700 | $1,700 | $1,700 |
| University of Wisconsin 1 Bedroom Apartments | $1,674 | $999 | $2,400 |
| University of Wisconsin 2 Bedroom Apartments | $2,201 | $1,485 | $3,450 |
| University of Wisconsin 3 Bedroom Apartments | $2,864 | $2,099 | $3,695 |
| University of Wisconsin 4 Bedroom Apartments | $3,856 | $1,600 | $4,995 |
| University of Wisconsin 5 Bedroom Apartments | $5,415 | $4,895 | $6,295 |
| University of Wisconsin 7 Bedroom Apartments | $6,733 | $6,065 | $8,295 |
Browse Apartments in this Neighborhood
There are currently 36 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
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Cheapest Available University of Wisconsin Apartments for Rent
The cheapest available apartment rental in the University of Wisconsin area of Madison, WI is a 1 Bed unit found at University Bay priced from $999. Park Terrace West Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable University of Wisconsin apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Bay | 2116 1 Bedroom | 1BR,1BA | $999 |
| Park Terrace West Apartments | 1BR/1.0BA | 1BR,1BA | $1,300 |
| 1309 Spring St | 2BR/1.0BA | 2BR,1BA | $1,485 |
| Longfellow Lofts | Historic - 1 Bedroom 1 Bath | 1BR,1BA | $1,510 |
| Oakland on Monroe | The Jefferson | 1BR,1BA | $1,525 |
| College Station | Two Bedroom / One Bath | 2BR,1BA | $1,575 |
| Oak Tree Apartments | 2 Bed/2 Bath - HUGE DISCOUNT! | 2BR,2BA | $1,700 |
| Vicinato | Vicinato A | 1BR,1BA | $1,740 |
| Kingston Corners | Chamberlain | 1BR,1BA | $1,789 |
Best Value Apartments for Rent in University of Wisconsin, WI
As of September 14, 2025 the best value apartment in the University of Wisconsin area is the $1.83 price per square foot 3 BED 2 BA Model at The Heights in the in the Downtown Madison neighborhood starting from $2,500. The second greatest value University of Wisconsin apartment is the 3BR/1.0BA Model at Park Terrace West Apartments starting at $2,699 with a $2.54 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. |
|---|---|---|---|
| The Heights | 3 BED 2 BA | 3BR,2BA | $1.83 |
| Park Terrace West Apartments | 3BR/1.0BA | 3BR,1BA | $2.54 |
| Old University Place | EE (3BD Loft) | 3BR,1BA | $2.23 |
| 2104 University Ave | 2 Bed/1 Bath | 2BR,1BA | $1.94 |
| Oak Tree Apartments | 2 Bed/2 Bath - HUGE DISCOUNT! | 2BR,2BA | $1.86 |
| Longfellow Lofts | Historic - 1 Bedroom 1 Bath | 1BR,1BA | $1.95 |
| The Urbane | B-Style | 1BR,1BA | $2.50 |
| College Station | Two Bedroom / Two Bath | 2BR,2BA | $2.28 |
| 2721 Lynn Ter, Unit 2721 Lynn Terrace | 2721 Lynn Ter | 1BR,1BA | $2.25 |
| University Bay | 2116 1 Bedroom | 1BR,1BA | $2.44 |
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Pet Friendly LifestyleUniversity Of Wisconsin, Madison, WI
Ranked #76
Among cities in Wisconsin 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 the price of a cheap apartment in University of Wisconsin?
The cheapest apartment in University of Wisconsin is University Bay which is listed at $999, while the average apartment in University of Wisconsin costs $2,555.
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 5 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 $528 which is $2,027 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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.