Cheap Apartments for Rent in Madison, WI from $400 with Washer/Dryer (351 Rentals) Page 5 of 8
Search the lowest-cost Apartments available for rent right now in Madison.

Uptown East Apartments - 739 Williamson Street

Eleven41 Main

Autumn Ridge

Hunter's Creek

2314 Fitchburg Rd, Unit 2314B

Freedom Ring Apartments

Sugar Creek Senior Apartments

Kestrel Apartments

The Wildwood at Main

The McHenry

Middleton Ridge Apartments

Parmenter Circle I

Evia Apartments

Artisan Village

Meadow Ridge Middleton

Weybridge

6120 Century Ave

Limestone Ridge Apartments

Taylor Pointe Apartments

The Landmark at Hatchery Hill

Quail Run

Authentix Cottage Grove

Iron Gate

Tawhee Meadows

Besa Monona

Leopold Place

Springs At Sun Prairie

Madison and Main

The Addison

The Abbey

Middleton Lakeview Apartments

The Highline Senior Apartments

Parmenter Circle II

Terraces of Windsor Crossing 55+

Van Buren Place

Tribeca Village

The Masters Residences

The Preserve at Prairie Lakes
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 | $1,467 | $775 | $3,945 |
| Madison 1 Bedroom Apartments | $1,722 | $641 | $6,745 |
| Madison 2 Bedroom Apartments | $2,124 | $750 | $5,805 |
| Madison 3 Bedroom Apartments | $2,485 | $675 | $6,450 |
| Madison 4 Bedroom Apartments | $2,514 | $650 | $6,700 |
| Madison 5 Bedroom Apartments | $2,278 | $1,199 | $8,150 |
Explore Madison
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 $890.
What is the price of a cheap apartment in Madison?
The cheapest apartment in Madison is Rise-Madison which is listed at $639, while the average apartment in Madison costs $4,069.
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 5,040 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 $466 which is $3,603 cheaper than the average rent for all rentals in Madison.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!











