Cheap Apartments for Rent in Downtown Madison
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Good Value
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Exceptional Value
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Exceptional Value1 BED$840+2 BEDS$780+3 BEDS$730+
Hub on Campus Madison
437 N Frances St, Madison, WI 53703 -
Exceptional Value
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Exceptional Value
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Good Value
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Price Drop. $261 Off1 BED$1,275+2 BEDS$1,350+3 BEDS$1,700+
Rivers Edge Apartments
1614 Fordem Ave, Madison, WI 53704 -
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Exceptional Value
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Exceptional Value
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Rent Special
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Exceptional ValueSTUDIO$1,075
Williamson Place
820-824 Williamson St, Madison, WI 53703 -
STUDIO$920+1 BED$1,050+
519 State St
519 State St, Madison, WI 53703 -
STUDIO$930+1 BED$1,000+
Gargano Properties
525 State St, Madison, WI 53703 -
STUDIO$1,030
Courtyard Apartments, LLC.
102 N Franklin St, Madison, WI 53703 -
Exceptional Value1 BED$1,075
The Breese
1003 E Mifflin St, Madison, WI 53703 -
Price Drop. $136 OffSTUDIO$895+1 BED$1,150+
632 Howard Place
632 Howard Pl, Madison, WI 53703 -
Exceptional Value1 BED$1,102
The Flats at 402
402 W Wilson St, Madison, WI 53703 -
3 BEDS$1,025
229 Lakelawn *Student Housing*
229 W Lakelawn Pl, Madison, WI 53703 -
Price Drop. $243 Off1 BED$975+2 BEDS$1,195+
Cardinal Apartments
416 E Wilson St, Madison, WI 53703 -
1 BED$1,025
518 W Main St
518 W Main St, Madison, WI 53703 -
Exceptional ValueSTUDIO$950+1 BED$1,030+
509 N Lake St
509 N Lake St, Madison, WI 53703 -
Price Drop. $149 Off
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STUDIO$1,050+1 BED$1,200+
134 E Johnson
134 E Johnson St, Madison, WI 53703 -
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3 BEDS, 1 BATH$1,950
451 W Mifflin St Unit 2
451 W Mifflin St, Madison, WI 53703 -
1 BED, 1 BATH$1,050
532 W Wilson St Unit 3
532 W Wilson St, Madison, WI 53703 -
2 BEDS, 1 BATH$1,500
121 E Gorham St
121 E Gorham St, Madison, WI 53703 -
3 BEDS, 1 BATH$1,940
114 S Blair St Unit 1
114 S Blair St, Madison, WI 53703 -
3 BEDS, 1 BATH$1,950
109 E Gorham St
109 E Gorham St, Madison, WI 53703 -
3 BEDS, 1 BATH$1,950
110 S Blair St Unit 1
110 S Blair St, Madison, WI 53703 -
2 BEDS, 1 BATH$1,550
120 S Blair St Unit 1
120 S Blair St, Madison, WI 53703 -
2 BEDS, 1 BATH$1,385
520 S Mills St Unit 3
520 S Mills St, Madison, WI 53715 -
2 BEDS, 1 BATH$1,580
508 W Doty St Unit #3
508 W Doty St, Madison, WI 53703
Madison at a Glance
Cheap Apartments in Downtown Madison Neighborhood in Madison, WI
When looking for cheap apartments in Downtown Madison, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Madison.
Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.
Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 49 cheap apartments available in Downtown Madison, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Madison
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Sherman 738 Sq Ft $1,202/mo
- Burr Oaks 611 Sq Ft $1,214/mo
- Bram's Addition 608 Sq Ft $1,219/mo
- Berkeley Oaks 695 Sq Ft $1,289/mo
- Hill Farms-University 707 Sq Ft $1,447/mo
- Regent 557 Sq Ft $1,474/mo
- South Madison 691 Sq Ft $1,478/mo
- Midvale Heights 736 Sq Ft $1,507/mo
- Westmorland 700 Sq Ft $1,610/mo
- East Madison 775 Sq Ft $1,624/mo
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About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.