
Cheap Apartments for Rent in the Sherman Village Neighborhood of Madison, WI from $700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Village area of Madison.


The Point on Washington

Hooker Avenue Apartments

Elka Lane Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Sherman Village, Madison, WI Local Guide

How much does it cost to rent an apartment in Sherman Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sherman Village Studio Apartments | $1,378 | $975 | $1,645 |
Sherman Village 1 Bedroom Apartments | $1,318 | $1,050 | $1,700 |
Sherman Village 2 Bedroom Apartments | $1,953 | $1,150 | $2,850 |
Sherman Village 3 Bedroom Apartments | $3,055 | $1,650 | $3,560 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Sherman Village Neighborhood of Madison, WI.
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Sherman Village, Madison, WI Local Guide
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Cheapest Available Sherman Village Apartments for Rent
 The cheapest available apartment rental in the Sherman Village area of Madison, WI is a Studio unit found at The Point on Washington priced from $999. PMM + MS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Sherman Village apartments for rent in Madison, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Point on Washington | Standard Studio | Studio,1BA | $999 |
PMM + MS | 1 Bedroom | 1BR,1BA | $1,100 |
Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1,100 |
PMM | 1 Bedroom 1 Bath-The Charley | 1BR,1BA | $1,150 |
Londonderry Lofts | Catwalk Loft | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Sherman Village, WI
As of April 18, 2025 the best value apartment in the Sherman Village area is the $1.31 price per square foot Sandstone Model at Northern Bluffs in the in the Berkeley Oaks neighborhood starting from $1,495. The second greatest value Sherman Village apartment is the 2 BR + Den (1+) Model at Granite Ridge Apartments starting at $1,500 with a $1.49 price per square foot in the Carpenter-Ridgeway neighborhood. Here is today’s list of the best values for Sherman Village apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Northern Bluffs | Sandstone | 3BR,1BA | $1.31 |
Granite Ridge Apartments | 2 BR + Den (1+) | 2BR,1BA | $1.49 |
Woodland Commons Madison | Style I7 - Loft | 1BR,1.5BA | $1.59 |
McKenzie Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.20 |
Rise Apartments | 1 Bed, 1 Bath | 1BR,1BA | $2.01 |
Londonderry Lofts | Catwalk Loft | 1BR,1BA | $1.73 |
PMM | 2 Bedroom 1 Bath-The Castle Marsh | 2BR,1BA | $2.07 |
Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1.64 |
PMM + MS | 1 Bedroom | 1BR,1BA | $1.83 |
Valued Stay Aloha | Studios | Studio ,1BA | $2.10 |
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Pet Friendly LifestyleSherman Village, Madison, WI
Ranked #71
Among neighborhoods in Madison, WI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Sherman Village Neighborhood in Madison, WI
Walk Score®
16 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
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 Sherman Village Apartments
What is the Cheapest Studio apartment in Sherman Village?
Currently the most affordable Cheap Studio Apartment in Sherman Village is at The Point on Washington listed at $999.
How much is rent for a Cheap One Bedroom Sherman Village Apartment?
The lowest price for a Cheap One Bedroom Sherman Village Apartment is $1,100 at PMM + MS.
What is the lowest price for a Cheap Two Bedroom Sherman Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sherman Village is starting from $1,400 at PMM.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.