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Cheap Apartments for Rent in Madison, WI

10,368 Rentals
.
  1. Apex at Verona Resort Style Pool - Apex at Verona
    Rent Special
    Rent Special
    STUDIO
    $1,550+
    1 BED
    $1,695+
    2 BEDS
    $2,100+
    3 BEDS
    $550+

    Apex at Verona

    671 Hunters Cove Way, Verona, WI 53593
    (608) 650-6309
  2. Building Photo - The Landing at 818
    1 Month Free
    1 Month Free
    1 BED
    $595+
    2 BEDS
    $732+

    The Landing at 818

    818 W Main St, Sun Prairie, WI 53590
  8. Building Photo - Prairie Creek
    1 BED
    $677+
    2 BEDS
    $808+
    3 BEDS
    $866+

    Prairie Creek

    5613 Holscher Rd, McFarland, WI 53558
  9. Building Photo - Parmenter Circle I
    Good Value
    STUDIO
    $1,277+
    1 BED
    $678+
    2 BEDS
    $1,114+
    3 BEDS
    $1,634+
    Total Monthly Price Total Monthly Price New
    Base Rent$678 - $2,105
    Required Monthly FeesNone
    Total Monthly Price$678 - $2,105

    Parmenter Circle I

    2310 Parmenter St, Middleton, WI 53562
  11. Building Photo - 111 E Gorham St
    1 Month Free
    1 Month Free
    4 BEDS
    $700

    111 E Gorham St

    111 E Gorham St, Madison, WI 53703
  14. Building Photo - 1205 Chandler St
    1 BED, 1 BATH
    $749
    Total Monthly Price Total Monthly Price New
    Base Rent$749 - $795
    Required Monthly FeesNone
    Total Monthly Price$749 - $795

    1205 Chandler St

    1205 Chandler St, Madison, WI 53715
    Apply
  15. Building Photo - Carbon
    1 BED
    $1,152+
    2 BEDS
    $771+
    3 BEDS
    $1,591+
    Total Monthly Price Total Monthly Price New
    Base Rent$771 - $1,943
    Required Monthly FeesNone
    Total Monthly Price$771 - $1,943

    Carbon

    2418 Winnebago St, Madison, WI 53704
    (608) 688-6883
  18. Building Photo - 1706 Jefferson St
    1 BED, 1 BATH
    $795
    Total Monthly Price Total Monthly Price New
    Base Rent$795 - $865
    Required Monthly FeesNone
    Total Monthly Price$795 - $865

    1706 Jefferson St

    1706 Jefferson St, Madison, WI 53711
  20. Morgan House Apartments - Morgan House
    Exceptional Value
    1 BED
    $960+
    2 BEDS
    $800+

    Morgan House

    10 Langdon St, Madison, WI 53703
  23. Building Photo - 163 Paoli St
    STUDIO, 1 BATH
    $825+
    2 BEDS, 1 BATH
    $1,560+
    Total Monthly Price Total Monthly Price New
    Base Rent$825 - $1,560
    Required Monthly FeesNone
    Total Monthly Price$825 - $1,560

    163 Paoli St

    163 Paoli St, Verona, WI 53593
    Apply
  30. Building Photo - Glen Grove
    1 BED
    $1,171+
    2 BEDS
    $1,600+
    3 BEDS
    $887+

    Glen Grove

    1120 N Windsor Ave, Cottage Grove, WI 53527
  33. Building Photo - 269 Waubesa St
    1 BED, 1 BATH
    $900
    Total Monthly Price Total Monthly Price New
    Base Rent$900
    Required Monthly FeesNone
    Total Monthly Price$900

    269 Waubesa St

    269 Waubesa St, Madison, WI 53704
    Apply
  36. Building Photo - 519 State St
    Good Value
    STUDIO
    $920+
    3 BEDS
    $2,450+

    519 State St

    519 State St, Madison, WI 53703
  37. Building Photo - Freedom Park Apartments
    1 Month Free
    1 Month Free
    1 BED
    $925+
    2 BEDS
    $1,100+
    Total Monthly Price Total Monthly Price New
    Base Rent$925 - $1,350
    Utilities & EssentialsVaries
    Total Monthly Price$925 - $1,350

    Freedom Park Apartments

    3802 Lien Rd, Madison, WI 53704
    (608) 471-7402
  38. Building Photo - 636 State St
    STUDIO, 1 BATH
    $925
    Total Monthly Price Total Monthly Price New
    Base Rent$925
    Required Monthly FeesNone
    Total Monthly Price$925

    636 State St Unit 302

    636 State St, Madison, WI 53703
    Apply
  41. Building Photo - Chapter at Madison
    $448 Off
    Price Drop. $448 Off
    STUDIO
    $2,279+
    1 BED
    $1,379+
    2 BEDS
    $1,229+
    3 BEDS
    $1,389+
    Total Monthly Price Total Monthly Price New
    Base Rent$941 - $2,279
    Required Monthly FeesNone
    Total Monthly Price$941 - $2,279

    Chapter at Madison

    832 Regent St, Madison, WI 53715
    (608) 571-2029
  42. Building Photo - 421 Washburn Pl
    1 BED, 1 BATH
    $945
    Total Monthly Price Total Monthly Price New
    Base Rent$945
    Required Monthly FeesNone
    Total Monthly Price$945

    421 Washburn Pl Unit 1

    421 Washburn Pl, Madison, WI 53703
Showing 42 of 750 results, Page 1 of 18

Madison at a Glance

Average Rent

$1,514
(All bedrooms and property types)
Learn more about
Average Rent in Madison
8

School Rating

out of 10 Rating
Learn more about
Schools in Madison

Madison, WI Cheap Apartments for Rent

When looking for cheap apartments in Madison, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Madison.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 750 cheap apartments available in Madison Apartment Finder is the place to find your next rental.

Renting in Madison

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Madison

(For 1 bedroom apartments)

Education

GreatSchools Rating
West High School

Public High School

Public
Grades 9-12
2,222 Students
GreatSchools Rating
Memorial High School

Public High School

Public
Grades 9-12
2,004 Students
GreatSchools Rating
East High School

Public High School

Public
Grades 9-12
1,643 Students
GreatSchools Rating
Shabazz-City High School

Public High School

Public
Grades 9-12
121 Students
GreatSchools Rating
Lafollette High School

Public High School

Public
Grades 9-12
1,541 Students
GreatSchools Rating
Hamilton Middle School

Public Middle School

Public
Grades 6-8
725 Students
GreatSchools Rating
Hamilton Middle

Public Middle School

Public
Grades 6-8
725 Students
GreatSchools Rating
O'Keeffe Middle

Public Middle School

Public
Grades 6-8
452 Students
GreatSchools Rating
O'keeffe Middle School

Public Middle School

Public
Grades 6-8
452 Students
GreatSchools Rating
James Wright Middle School

Public Middle School

Public
Grades 6-8
245 Students
GreatSchools Rating
Van Hise Elementary School

Public Elementary School

Public
Grades K-5
396 Students
GreatSchools Rating
Randall Elementary School

Public Elementary School

Public
Grades K-5
320 Students
GreatSchools Rating
Marquette Elementary

Public Elementary School

Public
Grades K-5
149 Students
GreatSchools Rating
Marquette Elementary School

Public Elementary School

Public
Grades K-5
149 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Madison

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Madison Apartments for Rent in Your Budget

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