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Cheap Apartments in Madison, WI

271 - 297 of 297 Results
42
$980 - 1,125
132/134 W. Gilman St
Madison, WI
1 BR | Ask for Availability
Contact
Student
Capitol
21
$660
104 E Gilman St
1.0
Madison, WI
Studio | Ask for Availability
Contact
Heat Included
Furnished
Student
House
Capitol
1
$550 - 1,195
414 N Pinckney St
Madison, WI
Studio - 3 BR | Available Now
Contact
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
Capitol
3
$850
Badger Corner
902 W Badger Rd Madison, WI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
9
$700 - 1,555
416 N Carroll St
Madison, WI
Studio - 2 BR | Ask for Availability
Contact
Heat Included
Furnished
Student
House
Capitol
23
$995 - 1,125
128/130 W. Gilman St
Madison, WI
1 BR | Ask for Availability
Contact
Student
Capitol
10
$550 - 975
PER
ROOM
Gilman Manor
17 W Gilman St Madison, WI
8+ BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Capitol
8
$695 - 1,160
PER
ROOM
244 on Gilman
244 W Gilman St Madison, WI
2 - 3 BR | Aug. 17, 2026
Contact
Student
Capitol
$427
PER
ROOM
122 N Bassett St
Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Capitol
$895 - 1,095
642 State St
642 State St Madison, WI
Studio | Aug. 15, 2026
Contact
Heat Included
Cat Friendly
UW Madison Campus
1
$930 - 1,590
614/616 Mendota Ct
Madison, WI
1 - 2 BR | Ask for Availability
Contact
Student
Balcony/Deck/Patio
Dishwasher
UW Madison Campus
1
$1,265 - 1,440
745 E Gorham St
Madison, WI
2 BR | Ask for Availability
Contact
Heat Included
House
Balcony/Deck/Patio
Old Market Place
1
$750
17 N Bassett St
Madison, WI
1 BR | Available Now
Contact
Student
House
Surface Parking
Capitol
1
$1,215 - 1,285
810 E Gorham St
Madison, WI
2 BR | Ask for Availability
Contact
House
Dishwasher
Old Market Place
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
$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
$885 - 1,135
504 N Henry St
Madison, WI
1 - 2 BR | Ask for Availability
Contact
Heat Included
Student
House
Air Conditioning
Capitol
1
$630 - 670
24 E. Gorham
Madison, WI
Studio | Available Now
Contact
Capitol
1
$650
127 Langdon St
Madison, WI
Studio | Ask for Availability
Contact
Heat Included
Furnished
Student
House
UW Madison Campus
1
$1,040
212/214 N Blount St
Madison, WI
2 BR | Ask for Availability
Contact
Heat Included
Furnished
Student
House
Old Market Place
1
$975 - 1,250
1135 E Gorham St
Madison, WI
2 - 3 BR | Ask for Availability
Contact
House
Storage
Tenney-Lapham
1
$875
121
121 E Johnson St Madison, WI
Studio | Available Now
Contact
Capitol
1
$725 - 1,260
118 W Johnson St
Madison, WI
1 - 2 BR | Ask for Availability
Contact
Air Conditioning
Dishwasher
Capitol
$459
PER
ROOM
20 N Franklin St
Madison, WI
1 BR | Available Now
Contact
Capitol
$630 - 740
512 W. Wilson Street
Madison, WI
Studio - 1 BR | Available Now
Contact
Capitol
271 - 297 of 297 Results
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Frequently Asked Questions

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

There are 297 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 $150.

How many studio cheap apartments are available in Madison?

Rentable.co has 168 studio cheap apartments available for rent in Madison.

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

Rentable.co has 484 one-bedroom cheap apartments available for rent in Madison.

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

Rentable.co has 649 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 $6,000.

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. Madison West

Cheap Apartments 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 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 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 7,423 one-bedroom apartments currently on the market in Madison, 33 are priced below $400, accounting for 0% of the total available one-bedroom units in Madison.

Available Cheap Apartments: Madison vs. Surrounding Areas

Madison, WI
Sun Prairie, WI
Fitchburg, WI
Middleton, WI
38
4
4
4
In February 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 50 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 February M/M % Change
Madison, WI 38 +1.0%
Sun Prairie, WI 5 +1.03%
Fitchburg, WI 4 +1.0%
Middleton, WI 4 +1.07%
Verona, WI 1 +1.0%
De Forest, WI 1 +1.0%
Monona, WI 1 +1.0%
Cross Plains, WI 1 +0.5%
Stoughton, WI 0 +1.5%

Looking for Cheap Apartments in Madison?

Available cheap apartments 1,352
Top amenities Air Conditioning, Refrigerator, Range / Oven, Microwave, Elevator
Deals 16
Pet friendly 41
Utilities included 21
Furnished 5
Studio 20
1 Bedroom 19
2 Bedroom 11

Where are Cheap Madison Apartments?

Top Neighborhoods Capitol, North star, Old market place, Uw madison campus, Madison west
Capitol 8
North Star 5
Old Market Place 3
UW Madison Campus 3
Madison West 2
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