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Apartments Under $1,200 in Madison, WI

241 - 251 of 251 Results
1
$1,070
645 E Johnson St
Madison, WI
2 BR | Ask for Availability
Contact
Furnished
House
Old Market Place
1
$650 - 975
649 E Johnson St
Madison, WI
1 - 2 BR | Ask for Availability
Contact
Heat Included
Furnished
House
Old Market Place
1
$975 - 1,040
1135 E Gorham St
Madison, WI
2 BR | Ask for Availability
Contact
House
Storage
Tenney-Lapham
1
$885 - 1,135
504 N Henry St
Madison, WI
1 - 2 BR | Ask for Availability
Contact
Heat Included
Student
House
Air Conditioning
Capitol
1
$785 - 1,010
643 E Johnson St
1.0
Madison, WI
1 - 2 BR | Ask for Availability
Contact
Heat Included
Furnished
House
Air Conditioning
Old Market Place
1
$1,055 - 1,220
816 E Gorham St
Madison, WI
2 BR | Ask for Availability
Contact
Furnished
Old Market Place
1
$930 - 1,095
614/616 Mendota Ct
Madison, WI
1 BR | Ask for Availability
Contact
Student
Balcony/Deck/Patio
Dishwasher
UW Madison Campus
1
$875
121
121 E Johnson St Madison, WI
Studio | Available Now
Contact
Capitol
1
$725
118 W Johnson St
Madison, WI
1 BR | Ask for Availability
Contact
Air Conditioning
Capitol
$630 - 740
512 W. Wilson Street
Madison, WI
Studio - 1 BR | Available Now
Contact
Capitol
$459
PER
ROOM
20 N Franklin St
Madison, WI
1 BR | Available Now
Contact
Capitol
241 - 251 of 251 Results
  1. Home
  2. Madison
  3. Apartments Under $1,200
Frequently Asked Questions

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

There are 251 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 1,543 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 2,613 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 2,840 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. Brentwood Village

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

Welcome to the February 2026 Madison Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 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 27 55 82 110 <$900 $960 $1,080 $1,200 $1,320 $1,440 $1,560 $1,680 $1,800 $1,920 $2,040 $2,160 $2,280 >$2,400
This month, the typical cost to rent a one-bedroom apartment in Madison stands at $1,530, with the majority falling between $950 and $2,370. Out of the 7,452 one-bedroom apartments currently on the market in Madison, 1,814 are priced below $1,200, accounting for 24% 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
De Forest, WI
Oregon, WI
Cottage Grove, WI
248
18
18
8
6
6
4
4
3
In February 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 362 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 February M/M % Change
Madison, WI 248 +0.92%
Sun Prairie, WI 18 +1.01%
Fitchburg, WI 18 +1.06%
Middleton, WI 8 +0.93%
Verona, WI 7 +0.95%
Stoughton, WI 7 +1.03%
De Forest, WI 4 +0.96%
Oregon, WI 4 +0.8%
Cottage Grove, WI 4 +0.95%
Waterloo, WI 3 +0.87%

Looking for Apartments Under $1,200 in Madison?

Available apartments under $1,200 7,943
Top amenities Air Conditioning, On Site Laundry, Refrigerator, Range / Oven, Microwave
Deals 35
Pet friendly 453
Utilities included 332
Furnished 141
Studio 236
1 Bedroom 264
2 Bedroom 183

Where are Madison Apartments Under $1,200?

Top Neighborhoods Capitol, Uw madison campus, Greater sandburg, Old market place, Brentwood village
Capitol 79
UW Madison Campus 43
Greater Sandburg 10
Old Market Place 8
Brentwood Village 6
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