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Cheap Apartments for Rent in Madison, WI from $400 (516 Rentals)Page 5 of 11
Explore the Best Cheap Apartments in Madison for Renters Looking for a Great Deal on Lower Cost Rent for the Area.
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from $777Studio to 1 Bedroom Apartments Available Now
Hellenbrand Apartments
111 S Bassett StMadison, WI 53703
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from $805Studio to 1 Bedroom Apartments
Capitol Park Apartments
126-128 S Franklin StMadison, WI 53703
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from $895Studio to 2 Bedroom Apartments Available Aug 15, 2025
632 Howard Place
632 Howard PlMadison, WI 53703
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Madison, WI Local Guide
How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Madison Studio Apartments | $1,387 | $695 | $2,980 |
| Cheap Madison 1 Bedroom Apartments | $1,636 | $565 | $4,415 |
| Cheap Madison 2 Bedroom Apartments | $2,053 | $770 | $6,500 |
| Cheap Madison 3 Bedroom Apartments | $2,421 | $847 | $4,725 |
| Cheap Madison 4 Bedroom Apartments | $1,930 | $1,000 | $4,900 |
| Madison 5 Bedroom Apartments | $1,668 | $912 | $7,277 |
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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 the Cheapest Studio apartment in Madison?
Currently the most affordable Cheap Studio Apartment in Madison is at Hellenbrand Apartments listed at $777.
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $646 at Uno Terrace.
What is the lowest price for a Cheap Two Bedroom Madison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madison is starting from $770 at Uno Terrace.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at Uno Terrace and starts from $884.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
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.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.