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Apartments Under $1,200 in Madison, WI

1 - 30 of 254 Results
6
$925 - 975
311 E Johnson St
Madison, WI
Studio | Aug. 15, 2026
Contact
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Storage
10
3D Tour
$1,000
The Lillian
1959 E Mifflin St Madison, WI
Studio | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
Air Conditioning
6
3D Tour
$1,000
Calimar
16 E Gorham St Madison, WI
1 BR | Aug. 15, 2026
Contact
Heat Included
Virtual Tour
Air Conditioning
Capitol
41
3D Tour
$1,120
The Graaskamp
1946 E Washington Ave Madison, WI
1 BR | Aug. 15, 2026
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Income Restricted
1
$999 - 1,115
Studio Available Now! ~Blocks from the Capitol Square~
126 S Franklin St Madison, WI
Studio | Available Now
Contact
Capitol
1
$1,200
LIBERTY VALLEY 1009
1009 Gilbert Rd Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
10
$1,115
502 E Main St
502 E Main St Madison, WI
Studio | Available Now
Contact
Heat Included
Cat Friendly
Air Conditioning
Surface Parking
Storage
38
$1,090 - 1,135
Ella
Deal
2860 E Washington Ave Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Income Restricted
50
$784 - 1,151
Rise Madison
Deal
E. Washington and N. Fair Oaks Ave Madison, WI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Covered Parking
5
$975 - 1,520
Cardinal Apartments
3.0
416 E. Wilson St. Madison, WI
1 - 2 BR | Aug. 1, 2026
Contact
Virtual Tour
Air Conditioning
Storage
Dishwasher
Capitol
12
$950
427 W Main St
4.0
427 W Main St Madison, WI
Studio | Aug. 16, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
34
$825 - 900
PER
ROOM
The Highlander
3.6
121 W Gilman St Madison, WI
2 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Student
5
$995
15 N Hancock St
15 N Hancock St Madison, WI
Studio | May. 19, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Capitol
7
$895
105 1/2 State St
Madison, WI
1 BR | Aug. 16, 2026
Contact
Heat Included
Air Conditioning
Dishwasher
Capitol
6
$745 - 830
Shelter WI Properties
150 E Gilman St Ste 1500 Madison, WI
1 BR | Available Now
Contact
Heat Included
Income Restricted
Surface Parking
Capitol
6
$1,050 - 1,150
Harbor Arms
1309-1329 Temkin Ave Madison, WI
Studio - 1 BR | Jun. 3, 2026
Contact
Heat Included
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
23
$1,185
The Breese
4.0
1003 E Mifflin St Madison, WI
1 BR | Jun. 5, 2026
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Income Restricted
14
$1,195 - 1,495
PARK TOWER
5.0
4801 Sheboygan Ave Madison, WI
1 BR | Available Now
Contact
Air Conditioning
Covered Parking
Fitness Center
Storage
Pool
20
$651 - 1,100
Point Place Senior Apartments
Deal
7945 Tree Ln Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Air Conditioning
15
$1,070 - 1,120
City Row
4.2
614 E Johnson St Madison, WI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Income Restricted
6
$1,025
Park House Apartments
1831 S Park St Madison, WI
Studio | Available Now
Contact
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Storage
Dishwasher
59
$905 - 1,175
Seven Oaks Apartments
1108 Moorland Rd Madison, WI
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
6
$1,100 - 1,225
1113-1127 E Dayton
1113 - 1127 E Dayton St Madison, WI
1 BR | Aug. 14, 2026
Contact
Heat Included
Air Conditioning
Surface Parking
Storage
Tenney-Lapham
23
3D Tour
$1,140 - 1,240
The Mifflander Apartments
5.0
431 W Mifflin St Madison, WI
1 BR | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
Income Restricted
31
$1,195
Overlook at Midtown
2.0
8119 Mayo Dr Madison, WI
1 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
Section 8
29
$758 - 859
Central WI East
150 E Gilman St Madison, WI
1 - 2 BR | Available Now
Contact
Income Restricted
Surface Parking
Capitol
1
$1,200
Freedom Park - Orin
Orin Rd Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$1,200
Liberty Valley Apartments
1001 Gilbert Rd Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
22
$890
641 W Main
3.4
Madison, WI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
Luxury
16
3D Tour
$1,050 - 1,300
Terrace View Apartments
4.4
5021 Old Middleton Road Madison, WI
2 BR | Jun. 15, 2026
Contact
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
1 - 30 of 254 Results
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  3. Apartments Under $1,200
Frequently Asked Questions

How many apartments under $1,200 are available in Madison, WI on Rentable.co?

There are 254 apartments under $1,200 in Madison currently available for rent on Rentable.co.

How many studio apartments under $1,200 are available in Madison?

Rentable.co has 1,486 studio apartments under $1,200 available for rent in Madison.

How many one-bedroom apartments under $1,200 are available in Madison?

Rentable.co has 2,703 one-bedroom apartments under $1,200 available for rent in Madison.

How many two-bedroom apartments under $1,200 are available in Madison?

Rentable.co has 2,947 two-bedroom apartments under $1,200 available for rent in Madison.

Can I afford a apartment under $1,200 in Madison, WI?

To comfortably afford a apartment under $1,200 in Madison based on average rent prices, a household would need an annual income of $41,000.

Which neighborhoods have the most apartments under $1,200 for rent in Madison, WI?

  1. Capitol
  2. UW Madison Campus
  3. Greater Sandburg
  4. Old Market Place
  5. North Star

Apartments Under $1,200 in Madison, WI: May Rental Information

Welcome to the May 2026 Madison Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Madison rental landscape.

Our experts analyze the inventory trends for apartments under $1,200 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Madison and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $1,200 in Madison. Whether you're a student looking for a budget-friendly option or a professional seeking a comfortable living space, our report will help you navigate the rental market and make an informed decision.
0 25 50 75 100 <$1,000 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 $1,600 $1,680 $1,760 $1,840 $1,920 $2,000 $2,080 $2,160 $2,240 >$2,320
This month, the typical cost to rent a one-bedroom apartment in Madison stands at $1,530, with the majority falling between $950 and $2,300. Out of the 7,980 one-bedroom apartments currently on the market in Madison, 2,007 are priced below $1,200, accounting for 25% of the total available one-bedroom units in Madison.

Available Apartments Under $1,200: Madison vs. Surrounding Areas

Madison, WI
Sun Prairie, WI
Fitchburg, WI
Middleton, WI
Verona, WI
Stoughton, WI
Monona, WI
Cottage Grove, WI
De Forest, WI
271
25
16
8
7
5
4
4
3
In May 2026, there are a variety of affordable apartments available for rent in Madison, WI and the surrounding cities. The chart above showcases the number of apartments in each of these areas that are listed for under $1,200 per month. Madison itself boasts a significant number of options, with 345 apartments falling within this budget range. In addition, the chart provides valuable information on the availability of apartments in nearby Maple Bluff, Marshall, Mazomanie, McFarland, Middleton, Prairie du Sac, Stoughton, Monona, Sun Prairie, Mount Horeb, Columbus, Lake Mills, Cottage Grove, Cross Plains, New Glarus, De Forest, Deerfield, Black Earth, Verona, Lodi, Blue Mounds, Sauk City, Waterloo, Oregon, Waunakee, Arena, Fitchburg, Monticello, Poynette, and Cambridge. Whether you're looking to live right in Madison or explore the neighboring communities, there are plenty of budget-friendly rental options to choose from in the area.

Apartments Under $1,200 Now vs. Last Month: Madison and Surrounding Areas

City Apartments Under $1,200 in May M/M % Change
Madison, WI 271 +1.0%
Sun Prairie, WI 25 +0.87%
Fitchburg, WI 17 +0.99%
Middleton, WI 8 +0.96%
Verona, WI 7 +0.95%
Stoughton, WI 5 +1.0%
Monona, WI 4 +0.96%
Cottage Grove, WI 4 +0.91%
De Forest, WI 4 +1.08%
Waunakee, WI 4 +0.76%

Looking for Apartments Under $1,200 in Madison?

Available apartments under $1,200 8,202
Top amenities Air Conditioning, On Site Laundry, Refrigerator, Range / Oven, Microwave
Deals 41
Pet friendly 413
Utilities included 276
Furnished 156
Studio 248
1 Bedroom 212
2 Bedroom 184

Where are Madison Apartments Under $1,200?

Top Neighborhoods Capitol, Uw madison campus, Greater sandburg, Old market place, North star
Capitol 69
UW Madison Campus 38
Greater Sandburg 9
Old Market Place 8
North Star 6
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