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1001 Gilbert Rd
(608) 999-4790
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815 E Johnson St
(608) 909-6752
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Cedar Ridge
(608) 716-2154
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126 S Franklin St
(608) 467-2001
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The Regent
(608) 856-6083
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Harbor Arms
(608) 580-5609
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Langdon Hall Apartments
(608) 401-4924
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Lucky
(608) 591-5156
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The Highlander
(608) 234-4011
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15 N Hancock St
(608) 580-5609
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502 E Main St
(608) 467-2001
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University Square
(608) 233-7368
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408 W Mifflin St
(608) 400-0433
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Jacobsen Apartments at 511 W Main
(608) 927-4523
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Cherry Tree Crossing
(608) 716-2147
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1613-1619 Troy Dr
(608) 602-4808
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2843 Coolidge St
(608) 879-1122
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Bassettville Apartments
(608) 927-4566
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2025 Sherman Ave
(608) 636-8217
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The Varsity
(608) 889-3336
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Highland Terrace Apartments
(608) 591-5106
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Grand Canyon Apartments
(608) 736-8496
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Tennyson Ridge
(608) 204-5960
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The Normandy Apartments
(608) 233-5393
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Hobbins House Apartments
(608) 927-4470
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Sherman Glen - Senior Housing (55 years and older)
(608) 241-1190
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Dempsey Commons
(608) 736-8497
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311 E Johnson St
(608) 580-5952
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Jacobsen Apartments at 436 W Wilson
(608) 420-3296
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Apartments Under $1,000 in Madison, WI

1 of 166 Results
11
$410
Campus Area Houses
2.6
110 S Brooks St Madison, WI
9+ BR | Aug. 17, 2023
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Dog Friendly
Cat Friendly
Surface Parking
Greenbush
8
$925
1001 Gilbert Rd
Deal
Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
6
$930
815 E Johnson St
Madison, WI
1 BR | Apr. 11, 2023
Contact
Heat Included
Cat Friendly
House
Surface Parking
Storage
38
$950
Cedar Ridge
2402 Columbus Lane Madison, WI
Studio | Apr. 1, 2023
Contact
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
Balcony, Deck, Patio
4
$935
126 S Franklin St
Madison, WI
Studio | Apr. 1, 2023
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Heat Included
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
52
3D Tour
$600 - 1,000
PER
ROOM
The Regent
3.8
1402 Regent St Madison, WI
Studio - 3 BR | Available Now
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Heat Included
Furnished
Student
Virtual Tour
Air Conditioning
6
$885
Harbor Arms
1309-1329 Temkin Ave Madison, WI
1 BR | Jun. 1, 2023
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Heat Included
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
9
$940
Langdon Hall Apartments
3.4
633 Langdon St. Madison, WI
Studio | Aug. 14, 2023
Contact
Virtual Tour
Air Conditioning
Dishwasher
UW Madison Campus
31
3D Tour
$600 - 995
PER
ROOM
Lucky
4.3
777 University Ave Madison, WI
2 - 4 BR | May. 23, 2023
Contact
Heat Included
Furnished
Cat Friendly
Student
Virtual Tour
25
$550 - 800
PER
ROOM
The Highlander
3.6
121 W Gilman St Madison, WI
2 BR | Available Now
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Heat Included
Furnished
Dog Friendly
Cat Friendly
Student
5
$750 - 925
15 N Hancock St
15 N Hancock St Madison, WI
Studio - 1 BR | Aug. 1, 2023
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Capitol
5
$935
502 E Main St
Madison, WI
Studio | May. 1, 2023
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Heat Included
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
33
3D Tour
$999 - 1,019
University Square
212 Marion St Madison, WI
Studio | Aug. 15, 2023
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Heat Included
Student
Virtual Tour
Air Conditioning
UW Madison Campus
7
$925
408 W Mifflin St
Madison, WI
1 BR | Aug. 16, 2023
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Heat Included
House
Surface Parking
Capitol
14
$748
Jacobsen Apartments at 511 W Main
511 W. Main St. Madison, WI
Studio | Ask for Availability
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Capitol
83
$950
Cherry Tree Crossing
4.5
4725 Hayes Road Madison, WI
Studio | Jun. 1, 2023
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Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
Balcony, Deck, Patio
42
$849 - 989
1613-1619 Troy Dr
Madison, WI
Studio - 1 BR | Apr. 1, 2023
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Cat Friendly
Virtual Tour
Air Conditioning
Balcony, Deck, Patio
Storage
10
$575
PER
ROOM
2843 Coolidge St
Madison, WI
Studio | Available Now
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Dishwasher
Eken Park
15
$685 - 855
Bassettville Apartments
111 S Bassett St Madison, WI
Studio - 1 BR | Available Now
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Cat Friendly
Air Conditioning
Surface Parking
Capitol
11
$475 - 550
PER
ROOM
2025 Sherman Ave
Madison, WI
Studio - 1 BR | Available Now
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Heat Included
6
3D Tour
$997
PER
ROOM
The Varsity
405 N Lake St Madison, WI
1 BR | Aug. 14, 2023
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Furnished
Student
Virtual Tour
Air Conditioning
In Unit Laundry
10
$895 - 995
Highland Terrace Apartments
5.0
5329 Old Middleton Road Madison, WI
Studio | Jun. 1, 2023
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Heat Included
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Fitness Center
26
3D Tour
$895 - 955
Grand Canyon Apartments
302 Grand Canyon Drive Madison, WI
Studio | Jun. 1, 2023
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Heat Included
Cat Friendly
Virtual Tour
Air Conditioning
Balcony, Deck, Patio
19
$989 - 999
Tennyson Ridge
5.0
3834 Whitman Ln Madison, WI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Surface Parking
22
3D Tour
$827 - 952
The Normandy Apartments
Deal
2.0
4715 Sheboygan Ave Madison, WI
Studio | Ask for Availability
Contact
Heat Included
Virtual Tour
Air Conditioning
Covered Parking
Balcony, Deck, Patio
7
$665 - 925
Hobbins House Apartments
4.3
114 W Gilman St Madison, WI
Studio | Aug. 15, 2023
Contact
Heat Included
Surface Parking
Capitol
7
$989
Sherman Glen - Senior Housing (55 years and older)
4.8
1110 N Sherman Ave Madison, WI
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
14
3D Tour
$985
Dempsey Commons
12 Dempsey Road Madison, WI
1 BR | May. 1, 2023
Contact
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
Storage
6
$725 - 775
311 E Johnson St
Madison, WI
Studio | Aug. 16, 2023
Contact
Cat Friendly
Air Conditioning
Surface Parking
Storage
Capitol
13
$990
Jacobsen Apartments at 436 W Wilson
436 W. Wilson St. Madison, WI
1 BR | Aug. 1, 2023
Contact
Heat Included
Surface Parking
Capitol
1 - 30 of 166 Results
  1. Home
  2. Madison
  3. Apartments Under $1,000

How much does it cost to rent an apartment in Madison?

Madison Apartments
Bed Type Average Rent Range
Studio $1,050 $610 - $1,680
1BR $1,500 $830 - $2,330
2BR $1,680 $930 - $3,540
3BR $2,000 $1,230 - $3,500
4+BR $2,500 $410 - $7,000
Frequently Asked Questions

How many apartments are available in Madison, WI on Rentable.co?

Rentable.co has over 36,236 apartments available in Madison.

What is the average rent for a studio apartment in Madison, WI?

The average rent for a studio apartment in Madison is around $1,050 per month.

What is the average rent for a one-bedroom apartment in Madison, WI?

The average rent for a one-bedroom apartment in Madison is around $1,500 per month.

What is the average rent for a two-bedroom apartment in Madison, WI?

The average rent for a two-bedroom apartment in Madison is around $1,680 per month.

How expensive is living in Madison, WI?

Based on average rent prices in Madison, to afford a studio apartment you would need an annual salary of $42,000 to live comfortably.

How many apartments under $1,000 are available in Madison, WI on Rentable.co?

Rentable.co has 166 apartments under $1,000 available for rent in Madison.

Which neighborhoods have the most apartments under $1,000 for rent in Madison, WI?

  1. Capitol
  2. UW Madison Campus
  3. Regent
  4. Old Market Place
  5. Emerson East

Asset 2
Apartments by Bedrooms
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4 Bedroom Apartments
Studio Apartments
Apartments by Affordability
Cheap Apartments
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Apartments Under $900
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Madison:
March Rent Report

Welcome to the March 2023 Madison Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the Madison rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Madison and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Madison average rent prices in the chart below.

Monthly Rent Report

Madison Rent Prices Increase From February to March

Madison rent prices increased over the last month. From February to March, the city experienced a 5.95% increase for the price of a one-bedroom apartment. The rent price for a Madison one-bedroom apartments currently stands at $1,247.0.

When we take a look at the two-bedroom comparison from February to March, Madison experienced a 3.56% increase for the price of a two-bedroom apartment. The rent price for a Madison two-bedroom apartments currently stands at $1,514.0.

March Prices: Madison vs. Surrounding Areas

Rent Prices in Madison and Surrounding Areas

Rent prices have increased in Madison over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 6 of the Madison suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Fitchburg, WI, Cottage Grove, WI, Middleton, WI, Waunakee, WI, Verona, WI, De Forest, WI .

  • Rent decreased in Sun Prairie, WI.

  • 3 suburbs are currently priced higher than the city of Madison.

  • 4 suburbs are currently priced lower than the city of Madison.

March 2023 Pricing Trends: Madison vs. National Comparisons

Madison Rent Prices More Affordable Than Major Cities

Rent growth in Madison over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Madison average rent prices appear to be relatively affordable for local residents.

The price for a Madison one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Madison and surrounding area rent prices, take a look at the complete data set below.

Data set for Madison and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Madison, WI $1,177.0 4.34% $1,462.0 1.04%
Fitchburg, WI $1,210.0 0.33% $1,371.0 0.00%
Sun Prairie, WI $1,304.0 -0.69% $1,443.0 -1.90%
Cottage Grove, WI $1,185.0 0.25% $1,740.0 0.87%
Middleton, WI $1,475.0 4.02% $1,950.0 -0.21%
Waunakee, WI $1,230.0 0.66% $1,700.0 0.00%
Verona, WI $1,105.0 1.47% $1,335.0 0.53%
De Forest, WI $1,505.0 0.20% $1,949.0 -0.66%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.