Cheap Apartments for Rent in the Old Market Place Neighborhood of Madison, WI from $400 (121 Rentals)

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

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Old Market Place, Madison, WI Local Guide

Cheapest Available Old Market Place Apartments for Rent

 

The cheapest available apartment rental in the Old Market Place 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 $791. Here are the most affordable Old Market Place apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Hub on Campus Madison3X5D33BR,3BA$730
The ShieldA11BR,1BA$791
Hellenbrand ApartmentsStudio--111 S BassettStudio,1BA$850
Capital Park ApartmentsEfficiencyStudio,1BA$999
Gargano Propertiesone1BR,1BA$1,000
Greenspire Wilson Apartments0BR/1.0BAStudio,1BA$1,025
Courtyard Apartments, LLC.0BR/1.0BAStudio,1BA$1,040
Williamson PlaceSTUDIOStudio,1BA$1,075
402 W Wilson Street1/11BR,1BA$1,102

Best Value Apartments for Rent in Old Market Place, WI

As of April 06, 2025 the best value apartment in the Old Market Place 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 Old Market Place 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 Old Market Place 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
948 Jenifer St, Unit 1948 Jenifer St3BR,1BA$1.54
City PlaceTwo Bedroom Two Bathroom2BR,2BA$1.54
Valor on WashingtonTwo Bedroom2BR,1BA$1.25
Nichols Station ApartmentsOne Bedrooms1BR,1BA$1.70
402 W Wilson Street1/11BR,1BA$1.31
The ShieldA41BR,1BA$1.72
Gargano Propertiesone1BR,1BA$1.33
532 W Wilson St, Unit 3532 W Wilson St1BR,1BA$1.63

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Pet Friendly Lifestyle
Old Market Place, Madison, WI

Ranked #19

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.com is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States including Old Market Place, 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 filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Old Market Place Neighborhood in Madison, WI

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

95 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

48 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Old Market Place Apartments

What is a cheap apartment in Old Market Place?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Market Place is under $1,102.

What is the price of a cheap apartment in Old Market Place?

The cheapest apartment in Old Market Place is The Shield which is listed at $791, while the average apartment in Old Market Place costs $2,600.

What types of apartments are the cheapest in Old Market Place?

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 159 regular apartments in Old Market Place 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 Old Market Place?

Cheap apartments in Old Market Place have an average cost of $654 which is $1,946 cheaper than the average rent for all rentals in Old Market Place.

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

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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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.

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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.