Cheap Homes for Rent in the University of Wisconsin Neighborhood of Madison, WI from $700 (5 Rentals)

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

property at 1205 Chandler St

$749 - $795

Total Monthly Price

Total Monthly Price

Base Rent
$749 - $795

Total Monthly Price
$749 - $795

1 Bedroom, 1 Bath Townhome for Rent

Available Aug 5

1205 Chandler St

MadisonWI53715
property at 1203 Chandler St

$749

Total Monthly Price

Total Monthly Price

Base Rent
$749

Total Monthly Price
$749

4 Bedroom, 1 Bath Townhome for Rent

Available Aug 15

1203 Chandler St, Unit 4 bedrooms

1203 Chandler St
MadisonWI53715

Finding Your Place in Madison: Neighborhoods Close to the City’s Biggest Jobs

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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 2942 Stevens St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 2 Bath Home for Rent

Available Now

2942 Stevens St

MadisonWI53705

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 Studio unit found at 45 N Orchard St priced from $782. 1315 Spring St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable University of Wisconsin apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
45 N Orchard St0x1-200Studio,1BA$782
1315 Spring St1BR/1.0BA1BR,1BA$999
Humbucker Apartments2x1-7902BR,1BA$1,100

Best Value Apartments for Rent in University of Wisconsin, WI

As of August 02, 2026 the best value apartment in the University of Wisconsin area is the $1.73 price per square foot 2218 Regent St Model at 2218 Regent St, Unit #1 in the in the Downtown Madison neighborhood starting from $2,495. The second greatest value University of Wisconsin apartment is the Modern - 1 Bedroom 1 Bath Model at Longfellow Lofts starting at $1,815 with a $1.70 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.
2218 Regent St, Unit #12218 Regent St4BR,1BA$1.73
Longfellow LoftsModern - 1 Bedroom 1 Bath1BR,1BA$1.70
Arbor CrossingD Floor Plan2BR,2BA$2.31
The Heights1 BED 1 BA1BR,1BA$2.28
Humbucker Apartments2x1-7902BR,1BA$1.39
Vicinato1 Bed A1BR,1BA$2.65
Vicino ApartmentsStyle L1BR,1BA$3.10
1315 Spring St1BR/1.0BA1BR,1BA$1.82
1309 Spring St2BR/1.0BA2BR,1BA$3.31
Allen House Apartments0x1-361Studio ,1BA$3.17

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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Real 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.

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Quick Rent Budget Calculator

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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 University of Wisconsin

What type of rentals are currently available in University of Wisconsin?

There are currently 111 Apartments for Rent in University of Wisconsin, WI with pricing that ranges from $782 to $3,999. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in University of Wisconsin ranging from $749 to $3,495.

What is the current price range for Rental Homes in University of Wisconsin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University of Wisconsin ranges from $749 to $3,495 with an average monthly rent of $2,975.

How much are larger Three and Four Bedroom Rentals in University of Wisconsin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in University of Wisconsin range from $1,564 to $3,299, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,050 to $3,050. Four Bedroom Single-Family rentals are also available starting from $749 and Four Bedroom Apartments start at $2,495.

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

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Finding Your Place in Madison: Neighborhoods Close to the Citys Biggest Jobs

Written by: Mike Heuer

Madison, Wisconsin, is three communities in one. It is a college town that is home to the flagship university in the University of Wisconsin system.

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An Insider's 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.

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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.

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The Expert's 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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.