Apartments Under $700 in Madison, WI: July Rental Information
Welcome to the July 2026 Madison Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2026 key findings and figures for the Madison rental landscape.
Our experts analyze the inventory trends for apartments under $700 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Madison and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $700 in Madison.
Check out the latest Madison Apartment Report July 2026 to get a better idea of the affordable rental options available in this vibrant city. Whether you're a student looking for a budget-friendly apartment or a young professional searching for an affordable rental near downtown, this report offers valuable information to help you find your ideal apartment in Madison.
This month, the typical cost to rent a one-bedroom apartment in Madison stands at $1,500, with the majority falling between $950 and $2,300. Out of the 7,708 one-bedroom apartments currently on the market in Madison, 138 are priced below $700, accounting for 2% of the total available one-bedroom units in Madison.
Available Apartments Under $700: Madison vs. Surrounding Areas
Madison, WI
Middleton, WI
Fitchburg, WI
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In July 2026, Rentable reports that there are a number of apartments available for rent in Madison, WI and the surrounding cities listed in the chart. This data reflects the current rental market and highlights the affordability of apartments in the area. Rentable's search shows that there are a total of 69 apartments in the Madison, WI metro area that are available for rent under $700. This indicates that prospective renters have a range of housing options at an affordable price point. Whether you are looking for a cozy studio or a spacious one-bedroom apartment, Rentable's listings can help you find the perfect affordable rental in Madison, WI and its neighboring 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.
Apartments Under $700 Now vs. Last Month: Madison and Surrounding Areas