Cheap Apartments for Rent in the South Madison Neighborhood of Madison, WI from $700 (42 Rentals)

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

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1029 W Badger Rd
1 Bedroom Apartments

1029 W Badger Rd

1029 W Badger RdMadison, WI 53713
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Shenandoah Apartments
1 to 2 Bedroom Apartments

Shenandoah Apartments

1331 South StMadison, WI 53715
  • Utilities Included
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Badger Corner
2 Bedroom Apartments

Badger Corner

902 W Badger RdMadison, WI 53713
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The Rockwell
2 to 3 Bedroom Apartments

The Rockwell

700 W Badger RdMadison, WI 53713
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Town's Edge Apartments
2 Bedroom Apartments

Town's Edge Apartments

1019-2500 Fiedler LnMadison, WI 53713
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Lake Point Terrace
Studio to 2 Bedroom Apartments

Lake Point Terrace

1674 Lake Point DrMadison, WI 53713
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Capitol View Apartments
1 to 3 Bedroom Apartments

Capitol View Apartments

124 Capitol View TerMadison, WI 53713
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2606-2608 Ardsley Cir
1 to 2 Bedroom Apartments

2606-2608 Ardsley Cir

2606-2608 Ardsley CirMadison, WI 53713
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  • Smoke Free
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910 W Badger Rd
2 Bedroom Apartments

910 W Badger Rd

910 W Badger RdMadison, WI 53713
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Nakoma Towers
Studio to 2 Bedroom Apartments

Nakoma Towers

4517 Hammersley RdMadison, WI 53711
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905 Magnolia Ln
2 Bedroom Apartments

905 Magnolia Ln

905 Magnolia LnMadison, WI 53713
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Bristol Arms
1 Bedroom Apartments

Bristol Arms

2506 McDivitt RdMadison, WI 53713
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Parkside
1 to 2 Bedroom Apartments

Parkside

2218-2234 Luann LnMadison, WI 53713
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Showing Results 1-42, Page 1 of 1

South Madison, Madison, WI Local Guide

Cheapest Available South Madison Apartments for Rent

 

The cheapest available apartment rental in the South Madison area of Madison, WI is a Studio unit found at Seven Oaks Apartments priced from $950. Pirate Island Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable South Madison apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
Seven Oaks ApartmentsstudioStudio,1BA$950
Pirate Island ApartmentsStudioStudio,1BA$975
Avalon Madison Village1 Bedroom 60%1BR,1BA$1,005
Colonial Apartments1 Br1BR,1BA$1,015
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1,045
Pheasant RidgeB12BR,1BA$1,100
Lake Point TerraceReef1BR,1BA$1,146
Sycamore WoodsThe Fig1BR,1BA$1,152
Maple Glen Apartment Homes1 bedroom1BR,1BA$1,175
Brighton Square1 Bedroom1BR,1BA$1,193

Best Value Apartments for Rent in South Madison, WI

As of April 14, 2025 the best value apartment in the South Madison area is the $1.39 price per square foot 2917 Todd Dr Model at 2917 Todd Dr, Unit # 2 in the in the Dudgeon-Monroe neighborhood starting from $1,565. The second greatest value South Madison apartment is the Two Bedroom, One Bath Model at Park Cedar Apartments starting at $1,595 with a $1.47 price per square foot in the Downtown Madison neighborhood. Here is today’s list of the best values for South Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2917 Todd Dr, Unit # 22917 Todd Dr2BR,1.5BA$1.39
Park Cedar ApartmentsTwo Bedroom, One Bath2BR,1BA$1.47
8Twenty Park2 BR 2 BA Income Restricted2BR,2BA$1.49
Apartments of Riverwood, LLC2 Bedroom 1 Bath2BR,1BA$1.44
Luann Place ApartmentsTwo Bedroom Ranch small2BR,1BA$1.56
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1.16
Monona Shores Apartments2BR/1BA2BR,1BA$1.46
Pheasant RidgeB12BR,1BA$1.31
Colonial Apartments1 Br1BR,1BA$1.27
Avalon Madison Village1 Bedroom 60%1BR,1BA$1.29

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
South Madison, Madison, WI

Ranked #48

Among neighborhoods in Madison, WI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the South Madison Neighborhood in Madison, WI

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

22 / 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 South Madison Apartments

What is a cheap apartment in South Madison?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Madison is under $1,193.

What is the price of a cheap apartment in South Madison?

The cheapest apartment in South Madison is Avalon Madison Village which is listed at $1,005, while the average apartment in South Madison costs $1,850.

What types of apartments are the cheapest in South Madison?

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 16 regular apartments in South Madison 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.

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.