Cheap Apartments for Rent in the Capitol Neighborhood of Madison, WI from $400 (129 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Capitol area of Madison.

What Exactly Is a Loft Style Apartment?

Apartments come in many varieties. Among these, the so-called ‘Loft Apartment’ usually features higher ceilings, and larger windows, and frequently includes industrial design elements.

Read Article
Showing Results 1-50, Page 1 of 3

Capitol, Madison, WI Local Guide

Cheapest Available Capitol Apartments for Rent

 

The cheapest available apartment rental in the Capitol area of Madison, WI is a 3 Beds unit found at Hub on Campus Madison priced from $730. The Shield has the second lowest priced unit, which is a 1 Bed apartment currently listed from $842. Here are the most affordable Capitol apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Hub on Campus Madison3X5D33BR,3BA$730
The ShieldA21BR,1BA$842
Hellenbrand ApartmentsStudio--111 S BassettStudio,1BA$850
Gargano Propertiesone1BR,1BA$1,000
Greenspire Wilson Apartments0BR/1.0BAStudio,1BA$1,025
Courtyard Apartments, LLC.0BR/1.0BAStudio,1BA$1,030
The Badger Den on GilmanVilasStudio,1BA$1,069
Williamson PlaceSTUDIOStudio,1BA$1,075
Capital Park ApartmentsEfficiencyStudio,1BA$1,115

Best Value Apartments for Rent in Capitol, WI

As of March 17, 2025 the best value apartment in the Capitol area is the $1.06 price per square foot 855 E Gorham St Model at 855 E Gorham St, Unit 855 in the in the The Isthmus neighborhood starting from $2,550. The second greatest value Capitol apartment is the Bedroom (Shared) Model at Pres House Apartments starting at $1,650 with a $1.33 price per square foot in the Downtown Madison neighborhood. Here is today’s list of the best values for Capitol apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
855 E Gorham St, Unit 855855 E Gorham St4BR,2BA$1.06
Pres House ApartmentsBedroom (Shared)4BR,2BA$1.33
8Twenty Park2 Bedroom, Market Rate2BR,2BA$1.66
510 W Main St, Unit 106510 W Main St2BR,2BA$1.63
Nichols Station ApartmentsOne Bedrooms1BR,1BA$1.70
616 S Mills St, Unit 616616 S Mills St2BR,1BA$1.68
Waterfront2 Bed, 1 Bath2BR,1BA$1.36
Gargano Propertiesone1BR,1BA$1.33
636 State St, Unit 205636 State St1BR,1BA$1.57
The ShieldA21BR,1BA$1.20

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Capitol, Madison, WI

Ranked #14

Among neighborhoods in Madison, WI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States including Capitol, Madison, and the greater Madison area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, places to raise kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Capitol Apartments

What is the Cheapest Studio apartment in Capitol?

Currently the most affordable Cheap Studio Apartment in Capitol is at Hellenbrand Apartments listed at $850.

How much is rent for a Cheap One Bedroom Capitol Apartment?

The lowest price for a Cheap One Bedroom Capitol Apartment is $842 at The Shield.

What is the lowest price for a Cheap Two Bedroom Capitol Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Capitol is starting from $1,146 at Waterfront.

What is the most affordable Capitol Three Bedroom Apartment?

The best deal on a cheap Capitol Three Bedroom Apartment rental is at Hub on Campus Madison and starts from $730.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.