Cheap Apartments for Rent in the Near East Side Neighborhood of Madison, WI from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near East Side area of Madison.

Nature Valley Apartments

The Point on Washington

Madison Mayfair Apartments

Eagle Harbor Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Ridgeview Heights Apartments

Carbon at Union Corners

Garver Point

Irwin

Starkweather Place
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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Near East Side, Madison, WI Local Guide

How much does it cost to rent an apartment in Near East Side?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Near East Side Studio Apartments | $1,470 | $950 | $1,945 |
Near East Side 1 Bedroom Apartments | $1,861 | $1,000 | $2,525 |
Near East Side 2 Bedroom Apartments | $2,396 | $1,050 | $3,695 |
Near East Side 3 Bedroom Apartments | $2,494 | $1,300 | $3,725 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Near East Side Neighborhood of Madison, WI.
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Near East Side, Madison, WI Local Guide
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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 Nature Valley Apartments priced from $995. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Nature Valley Apartments | Studio | Studio,1BA | $995 |
Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
Eagle Harbor Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1,064 |
Enso Apartments | STUDIOS | Studio,1BA | $1,068 |
Carbon at Union Corners | 2x1 Income Restricted | 2BR,2BA | $1,287 |
Best Value Apartments for Rent in Near East Side, WI
As of May 11, 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 3134 Hermina St Model at 3134 Hermina St, Unit Garden unit #2 house yard starting at $2,150 with a $1.87 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
3134 Hermina St, Unit Garden unit #2 house yard | 3134 Hermina St | 2BR,1BA | $1.87 |
Eagle Harbor Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.26 |
Ridge Creek Apartments | 2x1028 | 2BR,1BA | $1.41 |
174 Dixon St, Unit 174 Dixon St Unit 2 | 174 Dixon St | 1BR,1BA | $1.81 |
McKenzie Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.20 |
3003 Worthington Ave, Unit 3003 Worthington Ave | 3003 Worthington Ave | 2BR,1BA | $2.15 |
Rise Apartments | 1 Bed, 1 Bath | 1BR,1BA | $2.01 |
Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $1.54 |
Valued Stay Aloha | Studios | Studio ,1BA | $2.10 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNear East Side, Madison, WI
Ranked #55
Among neighborhoods in Madison, WI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,485.
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 $2,510.
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 8 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 $143 which is $2,367 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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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The Freedom of Short-Term Leases: Exploring the Advantages for Renters
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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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