
Cheap Homes for Rent in First Settlement Neighborhood of Madison, WI from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the First Settlement area of Madison.


137 E Gorham St

1147 Williamson St

109 N Hancock St
First Settlement, Madison, WI Local Guide

How much does it cost to rent a home in First Settlement?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
First Settlement 2 Bedroom Homes for Rent | $2,148 | $1,295 | $2,500 |
First Settlement 3 Bedroom Homes for Rent | $2,417 | $1,940 | $2,995 |
First Settlement 4 Bedroom Homes for Rent | $2,847 | $2,600 | $3,395 |
First Settlement 5 Bedroom Homes for Rent | $3,380 | $3,000 | $3,895 |
First Settlement 6 Bedroom Homes for Rent | $3,895 | $3,895 | $3,895 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the First Settlement Neighborhood of Madison, WI.
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First Settlement, Madison, WI Local Guide
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Best Value Apartments for Rent in First Settlement, WI
As of April 07, 2025 the best value apartment in the First Settlement 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 First Settlement 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 First Settlement apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
855 E Gorham St, Unit 855 | 855 E Gorham St | 4BR,2BA | $1.06 |
Pres House Apartments | Bedroom (Shared) | 4BR,2BA | $1.33 |
948 Jenifer St, Unit 1 | 948 Jenifer St | 3BR,1BA | $1.54 |
City Place | Two Bedroom Two Bathroom | 2BR,2BA | $1.54 |
Valor on Washington | Two Bedroom | 2BR,1BA | $1.25 |
Nichols Station Apartments | One Bedrooms | 1BR,1BA | $1.70 |
402 W Wilson Street | 1/1 | 1BR,1BA | $1.31 |
The Shield | A4 | 1BR,1BA | $1.72 |
Gargano Properties | one | 1BR,1BA | $1.33 |
532 W Wilson St, Unit 3 | 532 W Wilson St | 1BR,1BA | $1.63 |
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Frequently Asked Questions about First Settlement
What type of rentals are currently available in First Settlement?
There are currently 445 Apartments for Rent in First Settlement, WI with pricing that ranges from $730 to $7,277. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in First Settlement ranging from $950 to $3,895.
What is the current price range for Rental Homes in First Settlement?
Today's rental pricing for Homes for Rent, Condos and Townhomes in First Settlement ranges from $950 to $3,895 with an average monthly rent of $2,499.
How much are larger Three and Four Bedroom Rentals in First Settlement?
For those who are looking for larger living arrangements, Three Bedroom Apartments in First Settlement range from $730 to $6,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,940 to $2,995. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $902.
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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.

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.