Cheap Apartments for Rent in the Near East Side Neighborhood of Madison, WI from $600 (16 Rentals)

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

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Algoma Apartments
Studio to 2 Bedroom Apartments

Algoma Apartments

404 Algoma StMadison, WI 53704
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Eastpointe
3 Bedroom Apartments

Eastpointe

309 Clyde Gallagher AveMadison, WI 53714
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The André Apartments
1 to 3 Bedroom Apartments

The André Apartments

2350 Winnebago StMadison, WI 53704
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Commercial Avenue
1 Bedroom Apartments

Commercial Avenue

2917 Commercial AveMadison, WI 53704
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914-16 N Oak St
2 Bedroom Apartments

914-16 N Oak St

914-16 N Oak StMadison, WI 53704
  • Utilities Included

Near East Side, Madison, WI Local Guide

Cheapest Available Near East Side Apartments for Rent

 

The cheapest available apartment rental in the Near East Side area of Madison, WI is a Studio unit found at The Point on Washington priced from $999. Madison Mayfair Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Near East Side apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
The Point on WashingtonStandard StudioStudio,1BA$999
Madison Mayfair Apartments1 Bedroom1BR,1BA$1,000
Eagle Harbor Apartments2 Bedroom 2 Bathroom2BR,2BA$1,064
Enso ApartmentsSTUDIOSStudio,1BA$1,068
Rise Apartments1 Bed, 1 Bath1BR,1BA$1,112

Best Value Apartments for Rent in Near East Side, WI

As of March 22, 2025 the best value apartment in the Near East Side area is the $1.41 price per square foot 3x2 Income restricted Model at Carbon at Union Corners in the in the Near East Side neighborhood starting from $1,811. The second greatest value Near East Side apartment is the 3 Bedroom 2 Bathroom Model at Eagle Harbor Apartments starting at $1,426 with a $1.26 price per square foot in the Near East Side neighborhood. Here is today’s list of the best values for Near East Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carbon at Union Corners3x2 Income restricted3BR,2BA$1.41
Eagle Harbor Apartments3 Bedroom 2 Bathroom3BR,2BA$1.26
McKenzie Place Apartments2 Bed 2 Bath2BR,2BA$2.02
Ridgeview Heights Apartments2BR/1BA2BR,1BA$1.40
Kennedy PlaceOne Bedroom1BR,1BA$2.04
Asana ApartmentsOne-Bedroom1BR,1BA$2.20
2303 Atwood Ave, Unit 2022303 Atwood Ave1BR,1BA$1.88
Rise Apartments1 Bed, 1 Bath1BR,1BA$1.50
Madison Mayfair Apartments1 Bedroom1BR,1BA$1.54
Valued Stay AlohaStudiosStudio ,1BA$2.10

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Pet Friendly Lifestyle
Near East Side, Madison, WI

Ranked #57

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Near East Side Apartments

What is a cheap apartment in Near East Side?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near East Side is under $1,445.

What is the price of a cheap apartment in Near East Side?

The cheapest apartment in Near East Side is Madison Mayfair Apartments which is listed at $1,000, while the average apartment in Near East Side costs $2,530.

What types of apartments are the cheapest in Near East Side?

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 294 regular apartments in Near East Side 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 Near East Side?

Cheap apartments in Near East Side have an average cost of $303 which is $2,227 cheaper than the average rent for all rentals in Near East Side.

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

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.

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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.

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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.

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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.