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Apartments under $500 for Rent in Madison, WI

11,090 Rentals

STUDIO, 1 BATH

$1,300

7215 University Ave Unit 1 R

7215 University Ave, Middleton, WI 53562

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1 BED, 1 BATH

$1,295

5331 Brody Dr Unit 204

5331 Brody Dr, Madison, WI 53705

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2 BEDS, 1 BATH

$1,995

409 Palomino Ln Unit 1B

409 Palomino Ln, Madison, WI 53705

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2 BEDS, 2 BATHS

$1,750

1501 N Windsor Ave Unit 106

1501 N Windsor Ave, Cottage Grove, WI 53527

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3 BEDS, 2.5 BATHS

$2,600

2871 Cimarron Trl

2871 Cimarron Trl, Madison, WI 53719

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STUDIO, 1 BATH

$1,975

515 Donofrio Dr Unit 6

515 Donofrio Dr, Madison, WI 53719

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3 BEDS, 1 BATH

$2,580

925 E Johnson St Unit A

925 E Johnson St, Madison, WI 53703

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4 BEDS, 2 BATHS

$3,400

1126 E Gorham St Unit 1

1126 E Gorham St, Madison, WI 53703

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2 BEDS, 1 BATH

$2,199

5801 E Open Meadow Unit 5801

5801 E Open Meadow, McFarland, WI 53558

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3 BEDS, 2.5 BATHS

$2,700

2024 Tori Frost Dr

2024 Tori Frost Dr, Madison, WI 53718

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2 BEDS, 2 BATHS

$1,800

838 N Thompson Dr Unit 1

838 N Thompson Dr, Madison, WI 53704

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3 BEDS, 1 BATH

$2,600

310 Eugenia Ave

310 Eugenia Ave, Madison, WI 53705

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4 BEDS, 2 BATHS

$2,300

2658 Chesapeake Dr Unit Carol Larso

2658 Chesapeake Dr, Fitchburg, WI 53719

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4 BEDS, 2.5 BATHS

$4,000

113 Alton Dr

113 Alton Dr, Madison, WI 53718

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3 BEDS, 1 BATH

$1,900

857 E Gorham St Unit 857

857 E Gorham St, Madison, WI 53703

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2 BEDS, 2 BATHS

$2,000

66 Ponwood Cir Unit G

66 Ponwood Cir, Madison, WI 53717

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2 BEDS, 1 BATH

$1,500+

3 BEDS, 1 BATH

$1,775+

1937 University Ave

1937 University Ave, Madison, WI 53726

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2 BEDS, 1 BATH

$1,550

2009 Carey Ct Unit 2

2009 Carey Ct, Madison, WI 53704

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2 BEDS, 1 BATH

$1,725

209 S Broom St Unit Earl Keleny

209 S Broom St, Madison, WI 53703

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2 BEDS, 1.5 BATHS

$2,500

328 N Allen St Unit 1

328 N Allen St, Madison, WI 53726

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3 BEDS, 2 BATHS

$3,500

5736 Pembroke Dr

5736 Pembroke Dr, Fitchburg, WI 53711

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3 BEDS, 2.5 BATHS

$2,500

3064 Triumph Dr Unit 2

3064 Triumph Dr, Sun Prairie, WI 53590

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2 BEDS, 1 BATH

$2,025

1613 Reetz Rd

1613 Reetz Rd, Madison, WI 53711

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2 BEDS, 1 BATH

$1,450

2564 Branch St Unit 12

2564 Branch St, Middleton, WI 53562

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2 BEDS, 2 BATHS

$2,125

8253 Mayo Dr Unit 204

8253 Mayo Dr, Madison, WI 53719

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3 BEDS, 1 BATH

$2,100

3489 Hargrove St

3489 Hargrove St, Madison, WI 53714

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1 BED, 2 BATHS

$850

620 Sheldon St

620 Sheldon St, Madison, WI 53711

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2 BEDS, 1 BATH

$3,300

106 N Prospect Ave Unit Entire Suite

106 N Prospect Ave, Madison, WI 53726

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2 BEDS, 1 BATH

$2,300

360 W Washington Ave Unit 1014

360 W Washington Ave, Madison, WI 53703

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1 BED, 1 BATH

$1,500

618 North St Unit 2

618 North St, Madison, WI 53704

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3 BEDS, 1 BATH

$3,000

218 Koster St Unit Upper Level

218 Koster St, Madison, WI 53713

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4 BEDS, 1.5 BATHS

$3,950

820 Jenifer St

820 Jenifer St, Madison, WI 53703

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2 BEDS, 1 BATH

$1,600

6710 Park Ridge Dr Unit B

6710 Park Ridge Dr, Madison, WI 53719

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2 BEDS, 1 BATH

$2,025

1809 Reetz Rd

1809 Reetz Rd, Madison, WI 53711

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1 BED, 1 BATH

$850

1106 Woodland Way

1106 Woodland Way, Madison, WI 53711

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3 BEDS, 2 BATHS

$2,999

2104 E Mifflin St

2104 E Mifflin St, Madison, WI 53704

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5 BEDS, 2 BATHS

$3,200

444 W Doty St

444 W Doty St, Madison, WI 53703
1 BED, 1 BATH

$1,785

445 Wilson W St Unit E

445 Wilson W St, Madison, WI 53703
5 BEDS, 2 BATHS

$3,200

446 W Doty St Unit 1

446 W Doty St, Madison, WI 53703
1 BED, 1 BATH

$1,300+

2 BEDS, 1 BATH

$1,500+

510 W Main St

510 W Main St, Madison, WI 53703
STUDIO, 1 BATH

$1,595

527 D'onofrio Dr Unit 1

527 D'onofrio Dr, Madison, WI 53719
1 BED, 1 BATH

$1,675

26 N Butler St Unit #2

26 N Butler St, Madison, WI 53703

Living & Renting in Madison

Madison at a Glance

Average Rent

$1,508

(All bedrooms and property types)

Learn more about

Average Rent in Madison

School Rating

out of 10 Rating

Learn more about

Schools in Madison

Some Transit

out of 100 TransitScore^® Rating

Learn more about

Transportation in Madison

Somewhat Bikeable

out of 100 BikeScore^® Rating

Learn more about

Transportation in Madison

Renting in Madison

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 462 Sq Ft $1,254 / mo
1 Bedroom 712 Sq Ft $1,508 / mo
2 Bedrooms 1,028 Sq Ft $1,852 / mo
3 Bedrooms 1,276 Sq Ft $2,312 / mo
4 Bedrooms 1,188 Sq Ft $3,101 / mo

Top Budget-Friendly Neighborhoods in Madison

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Hawthorne 650 Sq Ft $1,160/mo
Brentwood Village 813 Sq Ft $1,204/mo
Burr Oaks 609 Sq Ft $1,229/mo
Homeland 753 Sq Ft $1,242/mo
Bram's Addition 584 Sq Ft $1,264/mo
Sherman 729 Sq Ft $1,272/mo
Rimrock Heights 721 Sq Ft $1,289/mo
Indian Springs 726 Sq Ft $1,294/mo
Oakbridge 661 Sq Ft $1,304/mo
Carpenter-Ridgeway 721 Sq Ft $1,316/mo

Discover the cheapest neighborhoods in Madison

Getting Around Madison

Transportation

Somewhat Walkable

out of 100 WalkScore^® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.

Bikeable

out of 100 BikeScore^® Rating

You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.

Some Transit

out of 100 TransitScore^® Rating

You'll likely want a car when living in this area since it has few transit options.

Scores provided by Walk Score^ⓘ

Education

High School Middle School Elementary School

GreatSchools Rating

West High

Public High School

Public

Grades 9-12

2,147 Students

GreatSchools Rating

Memorial High

Public High School

Public

Grades 9-12

2,025 Students

GreatSchools Rating

East High

Public High School

Public

Grades 9-12

1,649 Students

GreatSchools Rating

LaFollette High

Public High School

Public

Grades 9-12

1,482 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

James Wright Middle

Public Middle School

Public

Grades 6-8

256 Students

GreatSchools Rating

Spring Harbor Middle

Public Middle School

Public

Grades 6-8

263 Students

GreatSchools Rating

Sennett Middle

Public Middle School

Public

Grades 6-8

623 Students

GreatSchools Rating

Van Hise Elementary

Public Elementary School

Public

Grades K-5

431 Students

GreatSchools Rating

Randall Elementary

Public Elementary School

Public

Grades 3-5

311 Students

GreatSchools Rating

Marquette Elementary

Public Elementary School

Public

Grades 3-5

149 Students

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Apartments under $500 for Rent in Madison, WI

Living & Renting in Madison

Madison at a Glance

Average Rent

School Rating

Some Transit

Somewhat Bikeable

Renting in Madison

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Madison

Getting Around Madison

Transportation

Somewhat Walkable

Bikeable

Some Transit

Education

Thank You

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