Apartments Under $500 in Madison, WI

1 - 15 of 15 Results
7
$ Ask - 2,445
5604 Schroeder Rd Madison, WI
Studio - 2 BR | May. 1, 2024
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
8
$ Ask - 1,270
Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
8
$408 - 492
PER
ROOM
140 W Gilman St Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Capitol
3
$ Ask - 1,770
Madison, WI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
2
$125
Madison, WI
Studio | Jun. 1, 2024
Contact
Surface Parking
Storage
Disability Access
Capitol
2
$125
Madison, WI
Studio | Jun. 1, 2024
Contact
Surface Parking
Storage
Disability Access
Capitol
4
$500
PER
ROOM
423 N Carroll St Madison, WI
7 BR | Aug. 17, 2025
Contact
Dog Friendly
Cat Friendly
Student
Capitol
2
$125
Madison, WI
Studio | Jun. 1, 2024
Contact
Air Conditioning
Storage
Dishwasher
Capitol
1
$150
Madison, WI
Studio | Jun. 1, 2024
Contact
Capitol
2
$125
Madison, WI
Studio | Jun. 1, 2024
Contact
Surface Parking
Storage
Disability Access
Capitol
3
$125
Madison, WI
Studio | Jun. 1, 2024
Contact
Surface Parking
Storage
Disability Access
Dishwasher
Capitol
1
$110
Madison, WI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Greenbush
$451
PER
ROOM
Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
UW Madison Campus
$459
PER
ROOM
Madison, WI
1 BR | Available Now
Contact
Capitol
16
$320 - 495
Madison, WI
Studio | Available Now
Contact
Capitol
1 - 15 of 15 Results
  1. Home
  2. Madison
  3. Apartments Under $500

Apartments Under $500 in Madison, WI: March Rental Information

Welcome to the March 2024 Madison Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Madison rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Madison and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Madison.

Please note that this report focuses specifically on apartments priced under $500, providing prospective renters with valuable information about the affordability and availability of apartments in this price range.
0 20 40 60 80 <$800 $860 $980 $1,100 $1,220 $1,340 $1,460 $1,580 $1,700 $1,820 $1,940 $2,060 $2,180 $2,300 >$2,420

Available Apartments Under $500: Madison vs. Surrounding Areas

Madison, WI
25
In the current month of March 2024, there are a variety of affordable apartments available for rent in Madison, WI and the surrounding cities. The chart above displays the number of apartments under $500 in Madison, as well as in nearby cities such as 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. The data reflects the total inventory of affordable apartments in the Madison, WI metro area, providing prospective renters with valuable insights on availability in the region.

Apartments Under $500 Now vs. Last Month: Madison and Surrounding Areas

City Apartments Under $500 in March M/M % Change
Madison, WI 26 +0.87%
Fitchburg, WI 3 +0.93%
Middleton, WI 2 +0.87%
Stoughton, WI 1 +1.0%
Oregon, WI 1 +1.0%
De Forest, WI 1 +0.5%

Looking for Apartments Under $500 in Madison?

Available apartments under $500 202
Top amenities Refrigerator, Garbage Disposal, Trash Removal Included, Range / Oven, Microwave
Pet friendly 19
Utilities included 16
Furnished 7
Studio 23
1 Bedroom 13
2 Bedroom 6
Square footage 580 - 6,741,101

Where are Madison Apartments Under $500?

Top Neighborhoods Capitol, Uw madison campus, Old market place, Greenbush, Mayfair park
Capitol 18
UW Madison Campus 5
Old Market Place 3
Greenbush 2
Mayfair Park 2