
Cheap Apartments for Rent in the South Madison Neighborhood of Madison, WI from $600 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Madison area of Madison.


Seven Oaks Apartments

201 Deer Valley Rd, Unit 2

Pheasant Ridge

Avalon Madison Village

Park House Apartments

Sycamore Woods

2009 Lake Point Dr

River Bend Apartments at the Arboretum

Maple Glen Apartment Homes

Park Village Apartments

Pirate Island Apartments

Executive East Apartments
South Madison, Madison, WI Local Guide

How much does it cost to rent an apartment in South Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Madison Studio Apartments | $1,480 | $900 | $1,799 |
South Madison 1 Bedroom Apartments | $1,554 | $985 | $2,863 |
South Madison 2 Bedroom Apartments | $1,945 | $1,020 | $3,989 |
South Madison 3 Bedroom Apartments | $2,120 | $1,450 | $3,095 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the South Madison Neighborhood of Madison, WI.
See all Apartments in MadisonExplore Madison
South Madison, Madison, WI Local Guide
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Cheapest Neighborhoods for Apartments in South Madison, WI
Pricing Updated: 03/21/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Seven Oaks Apartments | studio | Studio,1BA | $950 |
Pirate Island Apartments | Studio | Studio,1BA | $975 |
Avalon Madison Village | 1 Bedroom 60% | 1BR,1BA | $1,005 |
Colonial Apartments | 1 Br | 1BR,1BA | $1,015 |
Pheasant Ridge | B1W/D | 2BR,1BA | $1,020 |
Executive East Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $1,045 |
Oakridge Apartments | 1BR/1BA | 1BR,1BA | $1,100 |
Bristol Arms | Oxford | 1BR,1BA | $1,121 |
Lake Point Terrace | Reef | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Park Cedar Apartments | Two Bedroom, One Bath | 2BR,1BA | $1.47 |
Apartments of Riverwood, LLC | 2 Bedroom 1 Bath | 2BR,1BA | $1.44 |
Brighton Square | 2 Bedroom | 2BR,1BA | $1.44 |
Executive East Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.16 |
Pheasant Ridge | B1W/D | 2BR,1BA | $1.14 |
Monona Shores Apartments | 2BR/1BA | 2BR,1BA | $1.46 |
Arbor Arms Apartments | 2 Beds Ashford B | 2BR,1BA | $1.59 |
201 Deer Valley Rd, Unit 2 | 201 Deer Valley Rd | 1BR,1BA | $1.24 |
Colonial Apartments | 1 Br | 1BR,1BA | $1.27 |
Avalon Madison Village | 1 Bedroom 60% | 1BR,1BA | $1.29 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSouth Madison, Madison, WI
Ranked #49
Among neighborhoods in Madison, WI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,146.
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.

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.

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.

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.