Cheap Apartments for Rent in the South Madison Neighborhood of Madison, WI from $600 (34 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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Nakoma Towers
Studio to 2 Bedroom Apartments

Nakoma Towers

4517 Hammersley RdMadison, WI 53711
  • Utilities Included
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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
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Badger Corner
2 Bedroom Apartments

Badger Corner

902 W Badger RdMadison, WI 53713
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Luann Place Apartments
Studio to 2 Bedroom Apartments

Luann Place Apartments

2202 Luann LnMadison, 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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Bristol Arms
1 Bedroom Apartments

Bristol Arms

2506 McDivitt RdMadison, WI 53713
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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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905 Magnolia Ln
2 Bedroom Apartments

905 Magnolia Ln

905 Magnolia LnMadison, WI 53713
  • Utilities Included

South Madison, Madison, WI Local Guide

Cheapest Neighborhoods for Apartments in South Madison, WI

Pricing Updated: 03/21/2025

Current apartment rentals in the South Madison, WI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for South Madison Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

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
Pheasant RidgeB1W/D2BR,1BA$1,020
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1,045
Oakridge Apartments1BR/1BA1BR,1BA$1,100
Bristol ArmsOxford1BR,1BA$1,121
Lake Point TerraceReef1BR,1BA$1,146

Best Value Apartments for Rent in South Madison, WI

As of March 21, 2025 the best value apartment in the South Madison area is the $1.47 price per square foot Two Bedroom, One Bath Model at Park Cedar Apartments in the in the Downtown Madison neighborhood starting from $1,595. The second greatest value South Madison apartment is the 2 Bedroom 1 Bath Model at Apartments of Riverwood, LLC starting at $1,375 with a $1.44 price per square foot in the Pflaum Road 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.
Park Cedar ApartmentsTwo Bedroom, One Bath2BR,1BA$1.47
Apartments of Riverwood, LLC2 Bedroom 1 Bath2BR,1BA$1.44
Brighton Square2 Bedroom2BR,1BA$1.44
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1.16
Pheasant RidgeB1W/D2BR,1BA$1.14
Monona Shores Apartments2BR/1BA2BR,1BA$1.46
Arbor Arms Apartments2 Beds Ashford B2BR,1BA$1.59
201 Deer Valley Rd, Unit 2201 Deer Valley Rd1BR,1BA$1.24
Colonial Apartments1 Br1BR,1BA$1.27
Avalon Madison Village1 Bedroom 60%1BR,1BA$1.29

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Pet Friendly Lifestyle
South Madison, Madison, WI

Ranked #49

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

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 $1,146.

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 $1,980.

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 183 regular apartments in South Madison 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 South Madison?

Cheap apartments in South Madison have an average cost of $208 which is $1,772 cheaper than the average rent for all rentals in South Madison.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.