
Cheap Apartments for Rent in the University of Wisconsin Neighborhood of Madison, WI from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the University of Wisconsin area of Madison.


The Heights

University Bay

Allen House Apartments

413 Paunack Pl

Orchard Court
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.

College Station

Casa Blanca Apartments

Park Terrace West Apartments
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.
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.
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.
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 | $1,347 | $1,025 | $1,700 |
| University of Wisconsin 1 Bedroom Apartments | $1,603 | $1,081 | $2,400 |
| University of Wisconsin 2 Bedroom Apartments | $2,051 | $1,296 | $3,450 |
| University of Wisconsin 3 Bedroom Apartments | $3,046 | $1,799 | $4,295 |
| University of Wisconsin 4 Bedroom Apartments | $3,324 | $2,550 | $4,379 |
Browse Apartments in this Neighborhood
There are currently 29 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
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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 2 Beds unit found at 1309 Spring St priced from $1,485. Vicinato has the second lowest priced unit, which is a Studio apartment currently listed from $1,495. Here are the most affordable University of Wisconsin apartments for rent in Madison, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1309 Spring St | 2BR/1.0BA | 2BR,1BA | $1,485 |
| Vicinato | Vicinato E | Studio,1BA | $1,495 |
| Oakland on Monroe | The Monroe | 1BR,1BA | $1,595 |
| College Station | Two Bedroom / One Bath | 2BR,1BA | $1,625 |
| Old University Place | L (1BD Loft) | 1BR,1BA | $1,639 |
| 2104 University Ave | 2 Bed/1 Bath | 2BR,1BA | $1,795 |
| The Heights | 2 BED 2 BA | 2BR,2BA | $1,885 |
| Longfellow Lofts | Historic- 2 Bedroom 1 Bath | 2BR,1BA | $2,135 |
Best Value Apartments for Rent in University of Wisconsin, WI
As of November 01, 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 Apartment 101 Available Now Model at Greenbush Apartments starting at $3,395 with a $2.51 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 |
| Greenbush Apartments | Apartment 101 Available Now | 3BR,3BA | $2.51 |
| Park Terrace West Apartments | 3BR/1.0BA | 3BR,1BA | $2.35 |
| Arbor Crossing | H1 Floor Plan (60LMI Income Restricted) | 2BR,2BA | $1.59 |
| Longfellow Lofts | Historic- 2 Bedroom 1 Bath | 2BR,1BA | $2.15 |
| 2104 University Ave | 2 Bed/1 Bath | 2BR,1BA | $1.94 |
| 1812 Madison St, Unit #2 | 1812 Madison St | 3BR,1BA | $2.18 |
| The Urbane | B-Style | 1BR,1BA | $2.50 |
| College Station | Two Bedroom / Two Bath | 2BR,2BA | $2.38 |
| 1912 Birge Terrace, Unit 4 | 1912 Birge Terrace | Studio ,1BA | $2.75 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 ArticleThe 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.
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 LifestyleUniversity Of Wisconsin, Madison, WI
Ranked #77
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 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 20 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 $775 which is $2,454 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.



















