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$1,8502 Bedroom Apartments Available Aug 1
510 N Franklin Ave, Unit 4
510 N Franklin AveMadison, WI 53705
Cheap Homes for Rent in University of Wisconsin Neighborhood of Madison, WI from $2,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the University of Wisconsin area of Madison.
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$1,8502 Bedroom Apartments Available Sep 1
510 N Franklin Ave, Unit 2
510 N Franklin AveMadison, WI 53705
328 N Allen St, Unit 1, Unit 1
328 N Allen St
MadisonWI53726
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1601 Madison St
MadisonWI53711
2942 Stevens St
MadisonWI53705
1614 Adams St
MadisonWI53711
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.
143 Lathrop St
MadisonWI53726
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University of Wisconsin, Madison, WI Local Guide
How much does it cost to rent a home in University of Wisconsin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University of Wisconsin 2 Bedroom Homes for Rent | $2,931 | $2,295 | $3,300 |
| University of Wisconsin 3 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
| University of Wisconsin 4 Bedroom Homes for Rent | $2,950 | $2,700 | $3,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the University of Wisconsin Neighborhood of Madison, WI.
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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 Studio unit found at Allen House Apartments priced from $1,071. Oak Tree Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,500. 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 | 0x1-390 | Studio,1BA | $1,071 |
| Oak Tree Apartments | 2 Bed/2 Bath w/laundry - HUGE DISCOUNT! | 2BR,2BA | $1,500 |
| 1309 Spring St | 2BR/1.0BA | 2BR,1BA | $1,589 |
Best Value Apartments for Rent in University of Wisconsin, WI
As of April 30, 2026 the best value apartment in the University of Wisconsin area is the $1.44 price per square foot 2BED 2BA (60%) Model at The Heights in the in the Downtown Madison neighborhood starting from $1,595. The second greatest value University of Wisconsin apartment is the 3BR/1.0BA Model at Park Terrace West Apartments - Location is Everything! starting at $2,899 with a $2.72 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 | 2BED 2BA (60%) | 2BR,2BA | $1.44 |
| Park Terrace West Apartments - Location is Everything! | 3BR/1.0BA | 3BR,1BA | $2.72 |
| Arbor Crossing | A1 Floor Plan (60LMI Income Restricted) | 2BR,2BA | $1.56 |
| 2104 University Ave | 2 Bed/1 Bath | 2BR,1BA | $1.94 |
| 1812 Madison St, Unit #2 | 1812 Madison St | 3BR,1BA | $2.18 |
| 501 Shepard Terrace | 2 Bed 1 Bath | 2BR,1BA | $2.16 |
| Humbucker Apartments | 2x1-790 | 2BR,1BA | $2.99 |
| Oakland on Monroe | The Breese | 1BR,1BA | $2.98 |
| Oak Tree Apartments | 2 Bedroom/1 Bath | 2BR,1BA | $2.48 |
| Allen House Apartments | 0x1-361 | Studio ,1BA | $3.18 |
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.
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 ArticleCash 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.
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.
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Pet Friendly LifestyleUniversity Of Wisconsin, Madison, WI
Ranked #78
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about University of Wisconsin
What type of rentals are currently available in University of Wisconsin?
There are currently 115 Apartments for Rent in University of Wisconsin, WI with pricing that ranges from $799 to $5,195. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in University of Wisconsin ranging from $2,295 to $3,300.
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 $2,295 to $3,300 with an average monthly rent of $3,027.
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 $1,775 to $2,709, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,200 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $799.
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.
Articles, How-To's, and Tips
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.