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Apartments for Rent in Madison, WI under $400 – 18 Rentals available

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  • 110 S. Brooks Street, Madison, WI 53715
    $400 - $525
    • 9 Beds
    • 3 Baths
    Forward Management
    Available Today! Last updated 17 Jan 2021
    (608) 298-5326

  • 315 South Henry Street, Madison, WI 53703
    $350
    • Studio
    Apex Property Management
    Available Today! Last updated 17 Jan 2021
    (608) 255-3753

  • 209 East Mifflin Street, Madison, WI 53703
    $375
    • Studio
    Apex Property Management
    Available Today! Last updated 17 Jan 2021
    (608) 255-3753

  • 5440 Caddis Bend, Fitchburg, WI 53711
    $360 - $1,925
    • 2 Beds
    • 2 Baths
    Fiduciary Real Estate Development
    (855) 736-8223

  • 3620 Breckenridge Ct, Fitchburg, WI 53713
    $1 - $1,005
    • 1 Bed
    • 1 Bath
    Sierra West LLC DBA Sun Valley Apartments
    Available Today! Last updated 27 Aug 2020
    (855) 736-8223

Madison, WI Demographics

  • Total Population252,086
  • Female 124,658
    Male 127,428
  • Median Age30.8

Average Rent in Madison, WI

  • Madison, WI Average Rental Price, October 2020 $1,294 /mo

    Madison, WI Apartment Rent Ranges

    • $501-$7002%
    • $701-$1,00031%
    • $1,001-$1,50045%
    • $1,501-$2,00013%
    • > $2,0009%

    Madison, WI Rent Trends

    Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Oct / 2020
    Madison, WI $1,192 $1,205 $1,211 $1,219 $1,234 $1,252 $1,262 $1,256 $1,269 $1,281 $1,294
    National $1,377 $1,380 $1,417 $1,426 $1,430 $1,466 $1,466 $1,473 $1,474 $1,461 $1,464
    /

    Check out the average rent prices in Madison by neighborhood.

    Madison, WI Households

    • Total Number of Households108,573
    • Family 51,143
      Non-family 57,430
    • Children 23,746
      No Children 84,827
    • Average People Per Household2.21
    • Median Household Income$62,906
    • Median Housing Costs Per Month$1,194

    Madison, WI Education Statistics

    • No High School2%
    • Some High School19%
    • Some College19%
    • Associate Degree7%
    • Bachelor Degree32%
    • Graduate Degree21%

    Renting apartments in Madison, WI under $400

    Searching for apartments for rent in Madison, WI under $400 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RENTCafé can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Madison, WI, where the average rent is $566 per month, there are 18 units available for less than $400. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

    We’ll help you find the cheapest rental near you

    Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $400” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Madison, WI. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Madison, WI going for $350 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!