Cheap Homes for Rent in Sherman Village Neighborhood of Madison, WI from $1,400 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Sherman Village area of Madison.

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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

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 ListingModel NameBed/BathPriced From
The Point on WashingtonStandard StudioStudio,1BA$999
PMM + MS1 Bedroom1BR,1BA$1,100
Elka Lane Apartments1BR/1BA1BR,1BA$1,100

Best Value Apartments for Rent in Sherman Village, WI

As of April 17, 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Northern BluffsSandstone3BR,1BA$1.31
McKenzie Place Apartments2 Bed 2 Bath2BR,2BA$2.02
Granite Ridge Apartments2 BR + Den (1+)2BR,1BA$1.49
Woodland Commons MadisonStyle I7 - Loft1BR,1.5BA$1.59
Rise Apartments1 Bed, 1 Bath1BR,1BA$2.01
Londonderry LoftsCatwalk Loft1BR,1BA$1.73
PMM2 Bedroom 1 Bath-The Castle Marsh2BR,1BA$2.07
Elka Lane Apartments1BR/1BA1BR,1BA$1.64
PMM + MS1 Bedroom1BR,1BA$1.83
Valued Stay AlohaStudiosStudio ,1BA$2.10

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Frequently Asked Questions about Sherman Village

What type of rentals are currently available in Sherman Village?

There are currently 56 Apartments for Rent in Sherman Village, WI with pricing that ranges from $975 to $3,560. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman Village ranging from $1,450 to $2,095.

What is the current price range for Rental Homes in Sherman Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherman Village ranges from $1,450 to $2,095 with an average monthly rent of $1,661.

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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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.

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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.