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Cheap Apartments for Rent in Madison, WI - 74 Rentals available

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Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000

Apartments Under $700

Apartments Under $800

  • Apartment

    50 Schroeder Court #115, Madison, WI 53711
    $720 - $845
    • Studio-1 Bed
    • 1 Bath
    Gallina Management, Inc.
    Available Today!
    (608) 277-7530
  • Apartment

    2205 Woodview Court, Madison, WI 53713
    $744 - $1,208
    • 1-2 Beds
    • 1 Bath
    Axiom Properties
    Available Today!
    (844) 210-4971
  • Apartment

    4725 Hayes Road, Madison, WI 53704
    $745 - $865
    • Studio-1 Bed
    • 1 Bath
    Forward Management
    Available Today!
    (608) 242-1700
  • Apartment

    2402 Columbus Lane, Madison, WI 53704
    $745 - $865
    • Studio-1 Bed
    • 1 Bath
    Forward Management
    Available Today!
    (608) 242-1700
  • Apartment

    2001 Greenway Cross, Fitchburg, WI 53713
    $762 - $881
    • 1-2 Beds
    • 1 Bath
    Fiduciary Real Estate Development
    (608) 350-1629
  • Apartment

    401 N. Thompson Drive, Madison, WI 53714
    $780 - $1,505
    • 1-4 Beds
    • 1-2 Baths
    Axiom Properties
    Available Today!
    (833) 421-8666
  • Apartment

    2917 Commercial Ave, Madison, WI 53704
    $795 - $925
    • 1-2 Beds
    • 1 Bath
    Forward Management
    Available Today!
    (608) 242-1700
  • Apartment

    4801 Sheboygan Ave, Madison, WI 53705
    $795 - $1,280
    • Studio-2 Beds
    • 1 Bath
    Wisconsin Management Company, Inc.
    (608) 274-7066
  • Apartment

    2002 Jeffy Trail, Madison, WI 53719
    $795 - $1,435
    • Studio-2 Beds
    • 1-2 Baths
    Forward Management
    (608) 274-3800

Apartments Under $900

  • Apartment

    229 W Lakelawn Place, Madison, WI 53703
    $825 - $5,190
    • 3-6 Beds
    • 2-3 Baths
    Hovde Realty, Inc.
    (608) 255-5175
  • Apartment

    2517 Pheasant Ridge Trail, Madison, WI 53713
    $830 - $1,885
    • 1-2 Beds
    • 1 Bath
    Zinger Property Group, Inc.
    (833) 228-0079
  • Apartment

    354 Kent Lane, Madison, WI 53713
    $833 - $1,440
    • 1-2 Beds
    • 1 Bath
    Ansonia Properties
    (608) 273-1859
  • Apartment

    405 Moorland Road, Madison, WI 53713
    $850 - $1,015
    • 1-3 Beds
    • 1-2 Baths
    Axiom Properties
    (833) 856-3641
  • Apartment

    1674 Lake Point Dr, Madison, WI 53713
    $870 - $1,243
    • Studio-2 Beds
    • 1-1.5 Baths
    Ansonia Properties
    (608) 222-0499
  • Apartment

    1042 Mckenna Blvd., Madison, WI 53719
    $875 - $889
    • 1-4 Beds
    • 1-2 Baths
    Forward Management
    (608) 274-3800
  • Apartment

    720 Sandpiper Trail, Cottage Grove, WI 53527
    $875 - $1,350
    • Studio-2 Beds
    • 1-2 Baths
    Forward Management
    (608) 242-1700
  • Apartment

    110 S. Brooks Street, Madison, WI 53715
    $895 - $1,275
    • 1-4 Beds
    • 1-3 Baths
    Forward Management
    (608) 256-5010

Apartments Under $1,000

  • Apartment

    1918 Greenway Cross, Fitchburg, WI 53713
    $925 - $950
    • 2 Beds
    • 1-2 Baths
    Forward Management
    (608) 274-3800
  • Apartment

    1818 Fordem Avenue Apt. 9, Madison, WI 53704
    $925 - $1,450
    • Studio-3 Beds
    • 1-2 Baths
    Wisconsin Management Company, Inc.
    (608) 244-8727
  • Apartment

    319 East Hill Parkway, Madison, WI 53718
    $925 - $1,625
    • Studio-3 Beds
    • 1-2 Baths
    Forward Management
    (608) 242-1700
  • Apartment

    252 East Hill Parkway, Madison, WI 53718
    $925 - $1,725
    • Studio-3 Beds
    • 1-2 Baths
    Forward Management
    (608) 242-1700
  • Apartment

    5320 Westport Road, Madison, WI 53704
    $935 - $1,180
    • Studio-2 Beds
    • 1-2 Baths
    Gallina Management, Inc.
    (608) 246-2778
  • Apartment

    5816 Halley Way, Madison, WI 53718
    $945 - $1,720
    • Studio-3 Beds
    • 1-2 Baths
    Forward Management
    (608) 242-1700
  • Apartment

    520 Limerick Drive, Cottage Grove, WI 53527
    $955 - $1,175
    • Studio-2 Beds
    • 1-2 Baths
    Forward Management
    (608) 242-1700

Popular Searches

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 Population248,856
  • Female 123,054
    Male 125,802
  • Median Age31

Average Rent in Madison, WI

  • Madison, WI Average Rental Price, April 2019$1,208/mo

Madison, WI Apartment Rent Ranges

  • $501-$7003%
  • $701-$1,00042%
  • $1,001-$1,50039%
  • $1,501-$2,00010%
  • > $2,0007%

Madison, WI Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Apr / 2019
Madison, WI $1,148 $1,156 $1,157 $1,175 $1,186 $1,176 $1,193 $1,193 $1,208
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
/

Average rent is projected to grow by 3% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from the following zip codes: 535585370353704537055370653711537135371453715537165371753718537195372653792

Check out the average rent prices in Madison by neighborhood.

Madison, WI Households

  • Total Number of Households107,890
  • Family 50,806
    Non-family 57,084
  • Children 23,288
    No Children 84,602
  • Average People Per Household2.2
  • Median Household Income$59,387
  • Median Housing Costs Per Month$1,151

Madison, WI Education Statistics

  • No High School2%
  • Some High School19%
  • Some College19%
  • Associate Degree7%
  • Bachelor Degree32%
  • Graduate Degree20%

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 74 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 $1,208 per month so any rental south of $966 would be considered cheap here. On RENTCafé, Madison, WI rents go as low as $665/mo.

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