Cheap Apartments for Rent in the Capitol Neighborhood of Madison, WI from $400 (125 Rentals)

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

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Bellevue Apartments
1 Bedroom Apartments

Bellevue Apartments

29 E Wilson StMadison, WI 53703
  • Utilities Included
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45 N Orchard St
Studio to 1 Bedroom Apartments

45 N Orchard St

45 N Orchard StMadison, WI 53715
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Capitol, Madison, WI Local Guide

Cheapest Neighborhoods for Apartments in Capitol, WI

Pricing Updated: 03/20/2025

Current apartment rentals in the Capitol, WI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Capitol Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

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
The SurfStudioStudio,1BA$1,100

Best Value Apartments for Rent in Capitol, WI

As of March 21, 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

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Pet Friendly Lifestyle
Capitol, Madison, WI

Ranked #16

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 a cheap apartment in Capitol?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Capitol is under $1,100.

What is the price of a cheap apartment in Capitol?

The cheapest apartment in Capitol is The Shield which is listed at $842, while the average apartment in Capitol costs $2,520.

What types of apartments are the cheapest in Capitol?

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 2,838 regular apartments in Capitol 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 Capitol?

Cheap apartments in Capitol have an average cost of $691 which is $1,829 cheaper than the average rent for all rentals in Capitol.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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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.

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What to Know About Fees and Fines When Renting

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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