Apartments Under $1,200 in Madison, WI: November Rental Information
Welcome to the November 2026 Madison Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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.
This month, the typical cost to rent a one-bedroom apartment in Madison stands at $1,400, with the majority falling between $900 and $2,230. Out of the 7,854 one-bedroom apartments currently on the market in Madison, 1,858 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
Waunakee, WI
De Forest, WI
Waterloo, WI
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In November 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 324 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