Cheap Apartments for Rent in the Downtown Madison Neighborhood of Madison, WI from $400 (162 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Madison area of Madison.
![Gargano Properties](https://images1.apartmenthomeliving.com/i2/gJq-PFJUU0bpXCckqRf8zwjVL3O3zAkkb52TIoV2VYg/117/image.jpg?p=1)
Gargano Properties
![Cardinal Apartments](https://images1.apartmenthomeliving.com/i2/eZvABSNqdsqzvwmTbkMv7tUqIvjoFRKhuVbKiRFAJ60/117/image.jpg?p=1)
Cardinal Apartments
![Allen House Apartments](https://images1.apartmenthomeliving.com/i2/CnIerHBkF1bIkh2g3cPdvZmnTPueCeXWMl-GaHxjMF8/117/image.jpg?p=1)
Allen House Apartments
![Greenspire Wilson Apartments](https://images1.apartmenthomeliving.com/i2/e8cGPWxhsDzrR2t1MMyrONmwf9c8F82wPj004f2urPc/117/image.jpg?p=1)
Greenspire Wilson Apartments
![Courtyard Apartments, LLC.](https://images1.apartmenthomeliving.com/i2/uizGBwnvr9Ubi3jTlK6qY1towXJydaKO1rNEx4U4qoA/117/image.jpg?p=1)
Courtyard Apartments, LLC.
![134 E Johnson](https://images1.apartmenthomeliving.com/i2/zLwXAdZnOYYqyYUThmEYnNaPoUvjs0ec1Ckj-rU3UaY/117/image.jpg?p=1)
134 E Johnson
![532 W Wilson St, Unit 3](https://images1.apartmenthomeliving.com/i2/vpiQhnaYHyJeb6OCzPMwOWYLr_B3HbD3z2hcMKrHl8c/117/image.jpg?p=1)
532 W Wilson St, Unit 3
![University Bay](https://images1.apartmenthomeliving.com/i2/VPJRsKd3LmVZdKDjy9ZDRkUPizVTvpWs082118ble3k/117/image.jpg?p=1)
University Bay
![Williamson Place](https://images1.apartmenthomeliving.com/i2/-M2Vu1XgbAn953u_VtYAu44P4TzXPtgW_4Gq9sFzamo/117/image.jpg?p=1)
Williamson Place
![Langdon Hall Apartments](https://images1.apartmenthomeliving.com/i2/vmmzZHEp-lCL8LiiVhxsK72gNOqTs1zZzOZ6qkDZmWc/117/image.jpg?p=1)
Langdon Hall Apartments
![The Heights](https://images1.apartmenthomeliving.com/i2/Ov97OmhfPZazqMPQwwcHfBcCxC_fxQPfDwx62CCqYBg/117/image.jpg?p=1)
The Heights
![Capital Park Apartments](https://images1.apartmenthomeliving.com/i2/8w0_qJqcCKG78CR30UZsZhcK5oRE0Of1BE1LJoZ00F8/117/image.jpg?p=1)
Capital Park Apartments
![College Station](https://images1.apartmenthomeliving.com/i2/dKo-52twgBMdNUYnSxNougALXtqebgo7KpRzzGbyf7o/117/image.jpg?p=1)
College Station
![1910 University Ave, Unit B](https://images1.apartmenthomeliving.com/i2/HqdIx_Urf2IeaWt-z3nn7fZ_tAkpj2dqcw2kFxUYPUY/117/image.jpg?p=1)
1910 University Ave, Unit B
![Capitol Centre Court Apartments](https://images1.apartmenthomeliving.com/i2/MipFBcX0ljnaeGdEBbzRJPB8CxWV5K7XGRRve6APV8k/117/image.jpg?p=1)
Capitol Centre Court Apartments
![McBride Point](https://images1.apartmenthomeliving.com/i2/dS4-xPybjM8gy2QlRAiGF8xvozgq-c41pZPeA6RsQ98/117/image.jpg?p=1)
McBride Point
![Valor on Washington](https://images1.apartmenthomeliving.com/i2/xmdV5WyLGh_mf-kNZfS-ySvv008FQ1z1lPpeQhUSMTw/117/image.jpg?p=1)
Valor on Washington
![Tuscan Place](https://images1.apartmenthomeliving.com/i2/d6HnulDmsI0djZTm6bzmbc-1A65qyPUweZmoaeyTjYo/117/image.jpg?p=1)
Tuscan Place
![The Constellation](https://images1.apartmenthomeliving.com/i2/33rX0BhoE2m2XEfgAHAS4zkWL3j1tMDPIMHeowvMR1g/117/image.jpg?p=1)
The Constellation
![Rivers Edge Apartments](https://images1.apartmenthomeliving.com/i2/a4Q3hdt_QAO7ZoFxtQ-nYCGoRNN8LiAcspyxEFUqiIs/117/image.jpg?p=1)
Rivers Edge Apartments
![Veritas Village](https://images1.apartmenthomeliving.com/i2/L4YP_XL72WA0bPhc13OkGTgjK5QUW2LVjMD85VoNuqI/117/image.jpg?p=1)
Veritas Village
![Casa Blanca Apartments](https://images1.apartmenthomeliving.com/i2/spOaawXGRiIl2nJ5RKrnNIOrjQ3aKBpog-mtLWdPq3s/117/image.jpg?p=1)
Casa Blanca Apartments
![202-204 N Pinckney St](https://images1.apartmenthomeliving.com/i2/oYeatggOAYjVfv2jsodnj66KUQxBrsDpwSNxRVH_6oU/117/image.jpg?p=1)
202-204 N Pinckney St
![City Place](https://images1.apartmenthomeliving.com/i2/KnaAos5-5hSW9lANHtnnCki2KSzwkdiQK9U6Igf4i40/117/image.jpg?p=1)
City Place
![Inez Apartments](https://images1.apartmenthomeliving.com/i2/Rlq1FupZw9DyUyAwTd1mwiVLDxFjZLdVWihbDK9Dc0k/117/image.jpg?p=1)
Inez Apartments
Downtown Madison, Madison, WI Local Guide
![Apartments for rent in Downtown Madison, WI](https://images1.apartmenthomeliving.com/i2/FDxHS1JNR0l9Dc0K3OYF8UxQn4hVh3Mu9lSfyTkxny0/117/image.jpg)
How much does it cost to rent an apartment in Downtown Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Madison Studio Apartments | $1,421 | $835 | $2,250 |
Downtown Madison 1 Bedroom Apartments | $1,839 | $840 | $3,524 |
Downtown Madison 2 Bedroom Apartments | $2,397 | $780 | $4,950 |
Downtown Madison 3 Bedroom Apartments | $2,238 | $622 | $4,175 |
Downtown Madison 4 Bedroom Apartments | $1,852 | $902 | $4,900 |
Downtown Madison 5 Bedroom Apartments | $1,627 | $862 | $7,277 |
Browse Apartments in this Neighborhood
There are currently 162 rentals with your search options within a 2 mile radius of the Downtown Madison Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
Downtown Madison, Madison, WI Local Guide
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Cheapest Available Downtown Madison Apartments for Rent
 The cheapest available apartment rental in the Downtown Madison area of Madison, WI is a 3 Beds unit found at Hub on Campus Madison priced from $730. Hellenbrand Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $777. Here are the most affordable Downtown Madison apartments for rent in Madison, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hub on Campus Madison | 3X5D3 | 3BR,3BA | $730 |
Hellenbrand Apartments | Studio--111 S BassettSOLD OUT UNTIL 2025-08 | Studio,1BA | $777 |
632 Howard Place | 632 Howard Place - 301 | Studio,1BA | $985 |
Gargano Properties | one | 1BR,1BA | $1,000 |
Courtyard Apartments, LLC. | 0BR/1.0BA | Studio,1BA | $1,030 |
115 East Gilman | Vilas | Studio,1BA | $1,069 |
Williamson Place | STUDIO | Studio,1BA | $1,075 |
The Heights | 1 BED 1 BA – Income Restricted – 50% | 1BR,1BA | $1,092 |
The Flats at 402 | 1/1 | 1BR,1BA | $1,102 |
Capital Park Apartments | Efficiency | Studio,1BA | $1,115 |
Best Value Apartments for Rent in Downtown Madison, WI
As of February 18, 2025 the best value apartment in the Downtown Madison area is the $1.61 price per square foot 3 BED 2 BA Model at The Heights in the in the Downtown Madison neighborhood starting from $2,195. The second greatest value Downtown Madison 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 Downtown Madison apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Heights | 3 BED 2 BA | 3BR,2BA | $1.61 |
Pres House Apartments | Bedroom (Shared) | 4BR,2BA | $1.33 |
Hamilton Plaza | 2 Bed 2 Bath | 2BR,2BA | $1.63 |
8Twenty Park | 2 Bedroom, Market Rate | 2BR,2BA | $1.66 |
Park Cedar Apartments | Two Bedroom, One Bath | 2BR,1BA | $1.47 |
The Flats at 402 | 2/2 | 2BR,2BA | $1.53 |
Valor on Washington | Two Bedroom | 2BR,1BA | $1.25 |
120 S Blair St, Unit 1 | 120 S Blair St | 2BR,1BA | $1.59 |
Gargano Properties | one | 1BR,1BA | $1.33 |
The Regent | 2BR Private Room - Now–May/Aug | 2BR,1BA | $1.26 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Madison, Madison, WI
Ranked #6
Among neighborhoods in Madison, WI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Madison. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Madison Apartments
What is the Cheapest Studio apartment in Downtown Madison?
Currently the most affordable Cheap Studio Apartment in Downtown Madison is at Hellenbrand Apartments listed at $777.
How much is rent for a Cheap One Bedroom Downtown Madison Apartment?
The lowest price for a Cheap One Bedroom Downtown Madison Apartment is $997 at Hellenbrand Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Madison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Madison is starting from $1,246 at Valor on Washington.
What is the most affordable Downtown Madison Three Bedroom Apartment?
The best deal on a cheap Downtown Madison 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](https://assets.apartmenthomeliving.com/content/posts/19321224-understanding_amenity_fees_know_where_you_might_be_able_to_save_money.jpg)
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](https://assets.apartmenthomeliving.com/content/posts/18447499-what_to_know_about_fees_and_fines_when_renting.jpg)
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 How Your Move-In Inspection Can Protect Your Security Deposit article](https://assets.apartmenthomeliving.com/content/posts/19302864-how_your_move_in_inspection_can_protect_your_security_deposit.jpg)
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.
![decorative image for Signing Your Apartment Lease: The Basics article](https://assets.apartmenthomeliving.com/content/posts/18447535-signing_your_apartment_lease_the_basics.jpg)
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.