Cheap Apartments for Rent in the University of Wisconsin Neighborhood of Madison, WI from $500 (34 Rentals)

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

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45 N Orchard St
Studio to 1 Bedroom Apartments

45 N Orchard St

45 N Orchard StMadison, WI 53715
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Kingston Corners
1 to 2 Bedroom Apartments

Kingston Corners

2585 University AveMadison, WI 53705
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Randall Park Rentals
1 to 2 Bedroom Apartments

Randall Park Rentals

1309-1315 Spring StMadison, WI 53715
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Otto's House
Studio to 1 Bedroom Apartments

Otto's House

2554 Kendall AveMadison, WI 53705
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1019 Milton St
1 Bedroom Apartments

1019 Milton St

1019 Milton StMadison, WI 53715
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Hedvin House
1 to 2 Bedroom Apartments

Hedvin House

2217 University AveMadison, WI 53726
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2102
1 Bedroom Apartments

2102

2102 University AveMadison, WI 53726
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Franklin Terrace
1 Bedroom Apartments

Franklin Terrace

521 N Franklin AveMadison, WI 53705
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Orchard Court
Studio to 3 Bedroom Apartments

Orchard Court

10 N Orchard StMadison, WI 53715
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302 S Mills St.
1 Bedroom Apartments

302 S Mills St.

302 S Mills StMadison, WI 53715
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Randall Station
1 to 5 Bedroom Apartments

Randall Station

20 N Orchard StMadison, WI 53715
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Kingston Place
Studio to 4 Bedroom Apartments

Kingston Place

2553-2581 University AveMadison, WI 53705
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Birge House
1 Bedroom Apartments

Birge House

1932 University AveMadison, WI 53726
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2737 Lynn Ter
2 Bedroom Apartments

2737 Lynn Ter

2737 Lynn TerMadison, WI 53705
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Russell Terrace
1 to 2 Bedroom Apartments

Russell Terrace

2223 University AveMadison, WI 53726
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Hamelin House
1 to 2 Bedroom Apartments

Hamelin House

302 Walnut StMadison, WI 53726
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700 UBD Apartments
Studio to 2 Bedroom Apartments

700 UBD Apartments

700 University Bay DrMadison, WI 53705
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2605 University Ave
2 Bedroom Apartments

2605 University Ave

2605-2609 University AveMadison, WI 53705
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1040 Spring St
1 to 4 Bedroom Apartments

1040 Spring St

1040 Spring StMadison, WI 53715
  • Smoke Free
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210 N Charter St
Studio Apartments

210 N Charter St

210 N Charter StMadison, WI 53715
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Oakland on Monroe
1 Bedroom Apartments

Oakland on Monroe

1611 Monroe StMadison, WI 53711
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University of Wisconsin, Madison, WI Local Guide

Cheapest Available University of Wisconsin Apartments for Rent

 

The cheapest available apartment rental in the University of Wisconsin area of Madison, WI is a 1 Bed unit found at The Heights priced from $1,092. Allen House Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable University of Wisconsin apartments for rent in Madison, WI:

Apartment ListingModel NameBed/BathPriced From
The Heights1 BED 1 BA – Income Restricted – 50%1BR,1BA$1,092
Allen House Apartments1x1-4241BR,1BA$1,299
VicinatoVicinato A1BR,1BA$1,595
PELOTON RESIDENCES, LLC - Phase 1PLT - SStudio,1BA$1,599
The Quarry ApartmentsStudioStudio,1BA$1,700
Longfellow LoftsModern - 1 Bedroom 1 Bath1BR,1BA$1,800
EO Madison YardsA14 - One Bedroom + Den1BR,1BA$1,913
DomainL1BR,1BA$1,950
Ovation 309B11BR,1BA$1,950
The SurfTwo Bedroom2BR,2BA$2,515

Best Value Apartments for Rent in University of Wisconsin, WI

As of March 30, 2025 the best value apartment in the University of Wisconsin area is the $1.61 price per square foot 3 BED 2 BA Model at The Heights in the in the Downtown Madison neighborhood starting from $2,195. The second greatest value University of Wisconsin apartment is the B Floor Plan (Fully Furnished) Model at Arbor Crossing starting at $3,450 with a $3.35 price per square foot in the Downtown Madison neighborhood. Here is today’s list of the best values for University of Wisconsin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Heights3 BED 2 BA3BR,2BA$1.61
Arbor CrossingB Floor Plan (Fully Furnished)2BR,2BA$3.35
The SurfTwo Bedroom2BR,1BA$2.62
EO Madison YardsA111BR,1BA$2.76
Longfellow LoftsHistoric - 1 Bedroom 1 Bath1BR,1BA$2.60
PELOTON RESIDENCES, LLC - Phase 1PLT - U1BR,1BA$2.81
DomainL51BR,1BA$3.15
VicinatoVicinato A1BR,1BA$2.56
The Quarry ApartmentsStudioStudio ,1BA$3.21
Allen House Apartments1x1-4241BR,1BA$3.06

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Pet Friendly Lifestyle
University Of Wisconsin, Madison, WI

Ranked #76

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap University of Wisconsin Apartments

What is a cheap apartment in University of Wisconsin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University of Wisconsin is under $2,515.

What is the price of a cheap apartment in University of Wisconsin?

The cheapest apartment in University of Wisconsin is The Heights which is listed at $1,092, while the average apartment in University of Wisconsin costs $8,220.

What types of apartments are the cheapest in University of Wisconsin?

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 4 regular apartments in University of Wisconsin 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.

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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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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.