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Cheap Apartments in Madison, WI

301 - 304 of 304 Results
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
$885 - 1,135
504 N Henry St
Madison, WI
1 - 2 BR | Ask for Availability
Contact
Heat Included
Student
House
Air Conditioning
Capitol
$630 - 740
512 W. Wilson Street
Madison, WI
Studio - 1 BR | Available Now
Contact
Capitol
$459
PER
ROOM
20 N Franklin St
Madison, WI
1 BR | Available Now
Contact
Capitol
301 - 304 of 304 Results
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Frequently Asked Questions

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

There are 304 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 152 studio cheap apartments available for rent in Madison.

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

Rentable.co has 413 one-bedroom cheap apartments available for rent in Madison.

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

Rentable.co has 635 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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