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Cheap Apartments for Rent in Madison, WI - 213 Rentals available

Apartments Under $200

  • Apartment
    124 East Gorham Street, Madison, WI 53703
    $125
    • Studio
    Apex Property Management
    Available Today! Last updated 30 May 2020
    (608) 255-3753

Apartments Under $400

  • Apartment
    209 East Mifflin Street, Madison, WI 53703
    $375 - $475
    • Studio
    Apex Property Management
    Available Today! Last updated 30 May 2020
    (608) 255-3753
  • Apartment
    315 South Henry Street, Madison, WI 53703
    $375 - $850
    • Studio-1 Bed
    • 1 Baths
    Apex Property Management
    Available Today! Last updated 30 May 2020
    (608) 255-3753

Apartments Under $600

  • Apartment
    938 Spaight Street, Madison, WI 53703
    $575 - $875
    • Studio-1 Bed
    • 1 Baths
    Apex Property Management
    Available Today! Last updated 30 May 2020
    (608) 255-3753

Apartments Under $700

Apartments Under $800

Apartments Under $900

  • Apartment
    Stone Ridge Apartments, Madison, WI 53705
    $800
    • Studio-2 Beds
    • 1 Baths
    Apex Property Management
    Last updated 30 May 2020
    (608) 255-3753
  • Apartment
    401 N. Thompson Drive, Madison, WI 53714
    See current rent specials
    $800 - $1,555
    • 1-4 Beds
    • 1-2 Baths
    Axiom Properties
    Last updated 30 May 2020
    (833) 421-8666
  • Apartment
    1674 Lake Point Dr, Madison, WI 53713
    $810 - $1,116
    • Studio-2 Beds
    • 1-1.5 Baths
    Ansonia Properties
    Last updated 30 May 2020
    (608) 222-0499
  • Apartment
    5320 Westport Road, Madison, WI 53704
    $820 - $1,210
    • Studio-2 Beds
    • 1-2 Baths
    Gallina Management, Inc.
    Last updated 30 May 2020
    (608) 246-2778
  • Apartment
    1815 Brittany Place #1, Madison, WI 53711
    $820 - $1,285
    • Studio-2 Beds
    • 1-2 Baths
    Axiom Properties
    Last updated 30 May 2020
    (608) 478-2030
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Renting a Cheap Apartment in Madison

Madison is the capital city of Wisconsin and the home of the University of Wisconsin at Madison, a top public college with an exceptional reputation. Madison is located on an isthmus between Lakes Mendota and Monona. The city has over 120 neighborhoods, some old and historic. Industry in Madison includes education, government, and recent growth in high-tech jobs. Companies find this an attractive place to locate because of the large number of educated area residents. Recreation options include winter sports, boating, fishing, hockey and much more. Madison has a thriving music scene and hosts numerous music festivals each year. The Great Taste of the Midwest craft beer festival is another major attraction.

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, February 2020 $1,272 /mo

    Madison, WI Apartment Rent Ranges

    • $501-$7002%
    • $701-$1,00032%
    • $1,001-$1,50046%
    • $1,501-$2,00012%
    • > $2,0008%

    Madison, WI Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
    Madison, WI $1,169 $1,188 $1,202 $1,192 $1,205 $1,211 $1,219 $1,234 $1,252 $1,256 $1,272
    National $1,340 $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
    /

    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%

    Looking for a cheap apartment for rent in Madison, WI? With RENTCafé, finding an affordable apartment in Madison, WI has never been easier. We feature 213 low-priced rentals directly from property managers, with rents lower than the Madison, WI average. What is a cheap rent in Madison, WI? The average apartment rent in Madison is $1,272 per month so any rental south of $1,018 would be considered cheap here. On RENTCafé, Madison, WI rents go as low as $125/mo.

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