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Cheap Apartments for Rent in the Sherman Village Neighborhood of Madison, WI from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Village area of Madison.
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from $975Studio to 1 Bedroom Apartments Available Now
Londonderry Lofts
2026 Londonderry DrMadison, WI 53704
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Rent Specials
from $999Studio to 1 Bedroom Apartments Available Now
The Point on Washington
3917 Lien RdMadison, WI 53704
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from $1,0501 to 2 Bedroom Apartments Available May 1
Northshore Estates
2801 Dryden DrMadison, WI 53704
3613 Kipling Dr
MadisonWI53704
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from $1,1001 to 2 Bedroom Apartments Available Now
Elka Lane Apartments
2002-2022 Elka LnMadison, WI 53704
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Showing Results 1-16, Page 1 of 1
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 | $1,340 | $975 | $1,645 |
| Sherman Village 1 Bedroom Apartments | $1,370 | $1,050 | $1,785 |
| Sherman Village 2 Bedroom Apartments | $1,776 | $1,075 | $2,850 |
| Sherman Village 3 Bedroom Apartments | $2,831 | $1,650 | $3,560 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Sherman Village Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
Sherman Village, Madison, WI Local Guide
- Nearby Madison neighborhoods
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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 March 29, 2025 the best value apartment in the Sherman Village area is the $1.30 price per square foot Marble Model at Northern Bluffs in the in the Berkeley Oaks neighborhood starting from $1,549. The second greatest value Sherman Village apartment is the 2 Bed 2 Bath Model at McKenzie Place Apartments starting at $2,150 with a $2.02 price per square foot in the Near East Side 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 | Marble | 3BR,1.5BA | $1.30 |
| McKenzie Place Apartments | 2 Bed 2 Bath | 2BR,2BA | $2.02 |
| Granite Ridge Apartments | 2 BR + Den (1+) | 2BR,1BA | $1.47 |
| Woodland Commons Madison | Style I7 - Loft | 1BR,1.5BA | $1.59 |
| 2501 Calypso Rd | 2501 Calypso Rd | 2BR,1BA | $1.52 |
| Rise Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.82 |
| PACKTENN | 1 BDRM | 1BR,1BA | $1.83 |
| Londonderry Lofts | Catwalk Loft | 1BR,1BA | $1.73 |
| Elka Lane Apartments | 1BR/1BA | 1BR,1BA | $1.64 |
| PMM + MS | 1 Bedroom | 1BR,1BA | $1.83 |
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Pet Friendly LifestyleSherman Village, Madison, WI
Ranked #68
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 a cheap apartment in Sherman Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherman Village is under $1,385.
What is the price of a cheap apartment in Sherman Village?
The cheapest apartment in Sherman Village is Elka Lane Apartments which is listed at $1,100, while the average apartment in Sherman Village costs $3,505.
What types of apartments are the cheapest in Sherman Village?
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 3 regular apartments in Sherman Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.