Cheap 2 Bedroom Apartments for Rent in Madison, WI from $747 (196 Rentals)

Oak Ridge at University Park Senior Apartments

University Park Commons

Avalon Madison Village

Madison Mayfair Apartments

Eagle Harbor Apartments

3613 Kipling Dr

Westhaven Village Apartments

Rosewood Villas - Senior

Ridgeview Heights Apartments

219 E Mifflin St

Elka Lane Apartments

Canopy Collection - Canopy Trails

Valor on Washington

The Oscar Family Apartments

Coachlight Village

5022 Sheboygan - Postweiler

Heritage Circle Apartments

Carbon at Union Corners

Monona Shores Apartments

819-821 E Gorham St

The Grove Apartments

The Derby

Whitcomb Square Senior Apartment Homes (55+)

Timberlake Village Apartments

Liberty Valley

Maple Glen Apartment Homes

Hatchery Haven

2809-2811 Andes Dr

175 Talmadge St, Unit #2

Brighton Square

Canopy Collection - Canopy Ridge
Madison, WI Local Guide

How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Studio Apartments | $1,403 | $695 | $3,895 |
Madison 1 Bedroom Apartments | $1,656 | $565 | $4,965 |
Madison 2 Bedroom Apartments | $2,071 | $747 | $7,000 |
Madison 3 Bedroom Apartments | $2,435 | $730 | $6,105 |
Madison 4 Bedroom Apartments | $1,899 | $902 | $4,900 |
Madison 5 Bedroom Apartments | $1,635 | $862 | $7,277 |
Explore Madison
Madison, WI Local Guide
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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.
Getting Around Madison, WI
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
69 / 100
Bikeable
Some bike infrastructure
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Madison Apartments
What is a cheap apartment in Madison?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Madison is under $925.
What is the price of a cheap apartment in Madison?
The cheapest apartment in Madison is The Canyons which is listed at $747, while the average apartment in Madison costs $3,402.
What types of apartments are the cheapest in Madison?
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 83,281 regular apartments in Madison 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 Madison?
Cheap apartments in Madison have an average cost of $398 which is $3,004 cheaper than the average rent for all rentals in Madison.
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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.