Budget Leases

Apartments for Rent in Madison, WI

Across 76 rentals in Madison, WI, the cheapest we list is $810/mo and the average asking rent is around $1,415/mo. By size, expect one-bedrooms around $1,394/mo and two-bedrooms around $1,582/mo. Listings are ranked cheapest-first and updated regularly.

Updated Jun 9, 2026

Cheapest
$810
lowest listed rent
Average rent
$1,4153% above WI
across all sizes
Average by sizevs WI typical
Studio$1,306~ WI avg
1 bed$1,3946% above WI
2 bed$1,58210% above WI
3 bed$1,835~ WI avg

Renter guide

How to find the cheapest place to rent in Madison

76 rentals in Madison, WI

Every size & style, ranked by price

Renting in Madison, WI: common questions

How much is rent in Madison, WI?
The average asking rent across the 76 listings we track in Madison, WI is $1,415/mo, with the cheapest starting at $810/mo. Prices change often, so confirm current rates on each listing.
What is the cheapest apartment for rent in Madison?
Heather Downs is the lowest-priced rental we're tracking in Madison, WI at $810/mo. We rank every listing cheapest-first so the best-value options are always at the top.
What is the average rent by bedroom in Madison?
Based on the listings we track in Madison, WI: studios around $1,306/mo, one-bedrooms around $1,394/mo, two-bedrooms around $1,582/mo, three-bedrooms around $1,835/mo. These are averages and shift with availability.
Is Madison expensive to rent in?
Madison is about average for WI: its average rent of $1,415/mo is close to the state average of $1,372/mo.

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Nearby cities
Madison, MIFitchburg, WIFitchburg, MIMiddleton, WIMcFarland, WIVerona, WIDeforest, WICottage Grove, WI
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