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Cheap Apartments in Madison, WI

1 - 30 of 305 Results
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
7
$895
105 1/2 State St
Madison, WI
1 BR | Aug. 16, 2026
Contact
Heat Included
Air Conditioning
Dishwasher
Capitol
10
$1,115 - 1,225
502 E Main St
502 E Main St Madison, WI
Studio - 1 BR | Available Now
Contact
Heat Included
Cat Friendly
Air Conditioning
Surface Parking
Storage
9
$1,010
10 E. Gorham
10 E Gorham St Madison, WI
1 BR | Aug. 15, 2026
Contact
Heat Included
Student
Virtual Tour
Storage
Capitol
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
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
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
$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
26
$1,279
1315 Spring St
1315 Spring St Madison, WI
1 BR | Available Now
Contact
Heat Included
Cat Friendly
Student
Virtual Tour
Air Conditioning
31
3D Tour
$1,235 - 1,380
Henry Gilman
4.7
501 N Henry St Madison, WI
Studio | Aug. 14, 2026
Contact
Furnished
Student
Virtual Tour
Luxury
Air Conditioning
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
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
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
11
$1,225
1308 Spring St
1308 Spring St Madison, WI
1 BR | Aug. 16, 2026
Contact
Heat Included
Cat Friendly
Student
Virtual Tour
Air Conditioning
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
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
29
$758 - 859
Central WI East
150 E Gilman St Madison, WI
1 - 2 BR | Available Now
Contact
Income Restricted
Surface Parking
Capitol
6
$1,025 - 1,435
Park House Apartments
1831 S Park St Madison, WI
Studio - 2 BR | Available Now
Contact
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Storage
Dishwasher
20
$651 - 1,250
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
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
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
Studio - 1 BR | Available Now
Contact
Air Conditioning
Covered Parking
Fitness Center
Storage
Pool
8
$1,265
102 N Orchard St
102 N Orchard St Madison, WI
1 BR | Aug. 16, 2026
Contact
Heat Included
Dog Friendly
Cat Friendly
Student
Virtual Tour
16
$1,235
Pinney Lane
3.8
902 Royster Oaks Dr Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
Section 8
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
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
59
$905 - 1,235
Seven Oaks Apartments
1108 Moorland Rd Madison, WI
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
22
$890
641 W Main
3.4
Madison, WI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
Luxury
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
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 - 30 of 305 Results
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Frequently Asked Questions

How many cheap apartments are available in Madison, WI on Rentable.co?

There are 305 cheap apartments in Madison currently available for rent on Rentable.co.

What is the average rent for a cheap apartment in Madison, WI?

The average monthly rent for a cheap apartment in Madison is about $240.

How many studio cheap apartments are available in Madison?

Rentable.co has 148 studio cheap apartments available for rent in Madison.

How many one-bedroom cheap apartments are available in Madison?

Rentable.co has 401 one-bedroom cheap apartments available for rent in Madison.

How many two-bedroom cheap apartments are available in Madison?

Rentable.co has 613 two-bedroom cheap apartments available for rent in Madison.

Can I afford a cheap apartment in Madison, WI?

To comfortably afford a cheap apartment in Madison based on average rent prices, a household would need an annual income of $9,000.

Which neighborhoods have the most cheap apartments for rent in Madison, WI?

  1. Capitol
  2. North Star
  3. Old Market Place
  4. UW Madison Campus
  5. Sprecher East

Cheap Apartments 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 cheap apartments in Madison - overall market rent-distribution, availability by bedroom count, and month-over-month comparisons. This summary also provides insights into the available features and amenities, as well as location options for affordable apartments in Madison. Whether you're a student on a tight budget or simply looking for a cost-effective housing option, our comprehensive report will help you navigate the Madison rental market with ease.
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

Available Cheap Apartments: Madison vs. Surrounding Areas

Madison, WI
Middleton, WI
Sun Prairie, WI
Fitchburg, WI
35
4
3
3
In May 2026, Rentable has found a variety of affordable apartment options in Madison, WI and the surrounding cities. The chart above displays the availability of cheap apartments in the Madison metro area, including 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. With a total inventory of 41 affordable apartments, renters have plenty of options to choose from when looking for budget-friendly housing in this vibrant region. Whether you're a student, young professional, or just looking to save money, Rentable's apartment search can help you find an affordable home in and around Madison.

Cheap Apartments Now vs. Last Month: Madison and Surrounding Areas

City Cheap Apartments in May M/M % Change
Madison, WI 36 +1.03%
Middleton, WI 4 +1.0%
Sun Prairie, WI 4 +1.16%
Fitchburg, WI 3 +1.05%
Monona, WI 1 +0.86%
Verona, WI 1 +1.0%
De Forest, WI 1 +1.4%
Stoughton, WI 0 +1.0%
Cross Plains, WI 0 +1.5%
Oregon, WI 0 +1.0%

Looking for Cheap Apartments in Madison?

Available cheap apartments 1,257
Top amenities Storage, Refrigerator, Range / Oven, Microwave, Elevator
Deals 16
Pet friendly 28
Utilities included 19
Furnished 5
Studio 20
1 Bedroom 17
2 Bedroom 9

Where are Cheap Madison Apartments?

Top Neighborhoods Capitol, North star, Old market place, Uw madison campus, Sprecher east
Capitol 9
North Star 5
Old Market Place 3
UW Madison Campus 3
Sprecher East 2
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