What is the average rent for a 1-bedroom apartment in Downtown Madison, Madison, WI?

One-bedroom apartments in Downtown Madison average around $1,700 per month in 2025, representing a 10.0% increase from the previous year. These units typically offer about 516 square feet of living space.

What is the average rent for a 2-bedroom apartment in Downtown Madison, Madison, WI?

Two-bedroom apartments in Downtown Madison rent for around $2,500 per month in 2025, marking the largest year-over-year increase at 15.3%. These units average approximately 800 square feet in size.

What is the average rent for a 3-bedroom apartment in Downtown Madison, Madison, WI?

Three-bedroom apartments in Downtown Madison average around $2,400 per month in 2025, with rents remaining relatively stable compared to 2024. These larger units typically provide about 862 square feet of living space.

How much does it cost to rent an apartment in Downtown Madison, Madison, WI?

Downtown Madison's rental market averaged around $1,800 per month across all property types in 2025, up 2.3% from the previous year. Studio apartments start around $1,200 monthly, while three-bedroom units reach approximately $2,400.

What is the average apartment size in Downtown Madison, Madison, WI?

Apartments in Downtown Madison average 565 square feet across all unit types. Studio apartments are the most compact at 280 square feet, while three-bedroom units offer the most space at 862 square feet.

What type of apartment is most common in Downtown Madison, Madison, WI?

One-bedroom apartments are the most common rental type in Downtown Madison, with an average of about 231 listings available monthly. Studios follow as the second most prevalent option with approximately 136 listings per month.

What type of apartment is least common in Downtown Madison, Madison, WI?

Three-bedroom apartments are the least common rental type in Downtown Madison, averaging about 51 listings per month. Two-bedroom units are also relatively limited with approximately 148 listings available monthly.

Cheap Apartments for Rent in Downtown Madison, Madison, WI

41 rentals

2d ago

7.4

Very good

Hypatia

411 N Pinckney St, Madison, WI 53703

Affordable

Studio

1 bath

$492–$684

Apartment for rent

23h ago

7.1

Very good

Ofek Shalom

122 N Bassett St, Madison, WI 53703

Affordable

Studio

1 bath

$572–$623

Apartment for rent

2d ago

Very good

345-347

345 W Doty St, Madison, WI 53703

Affordable | On-site laundry | Dishwasher

2 beds

1 bath

$1,460

Apartment for rent

Top amenities

Ceiling Fan

On-Site Laundry

5d+ ago

Very good

17 S Hancock St, Madison, WI 53703

Affordable | On-site laundry | Assigned parking

2 beds

1 bath

$1,645–$1,650

Apartment for rent

Top amenities

High Ceilings

On-Site Laundry

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

College student/young professional’s ideal location.

408 N Henry St, Madison, WI 53703

Affordable | Assigned parking | Storage

2 beds

1 bath

$1,685

Apartment for rent

Available Jun 1

Top amenities

Air Conditioning

Assigned Parking

405-407 W Main St - Duplex - Photo 1 of 1

46m ago

8.6

Very good

405-407 W Main St - Duplex

405 W Main St, Madison, WI 53703

Affordable | Dishwasher

2–5 beds

1–2 baths

$1,695–$3,595

Apartment for rent

Nearby rental good for eco-living

Nearby rental good for pet owners

$1,460

345 W Doty St

432-436 West Wilson Street - Photo 1 of 1

1d ago

Very good

432-436 West Wilson Street

432 W Wilson St, Madison, WI 53703

Affordable | On-site laundry | Assigned parking

2 beds

1 bath

$1,695

Apartment for rent

Top amenities

Assigned Parking

On-Site Laundry

1d ago

8.8

Very good

215 East Mifflin Street

215 E Mifflin St, Madison, WI 53703

Affordable | Hardwood floor | Deck

2 beds

1 bath

$1,700

Apartment for rent

The best of Zumper, delivered

Be the first to hear about new listings matching your search.

7h ago

Cheap Downtown Madison apartment for rent in Madison

Affordable | Dishwasher | Hardwood floor

2 beds

1 bath

$1,775

Apartment for rent

Available Aug 16

Top amenities

Dishwasher

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

Lake View With Garage Parking - SUBLET Available 8/1/26

152 E Gorham St #1, Madison, WI 53703

Affordable | In-unit laundry | Hardwood floor

2 beds

1 bath

$1,780

Apartment for rent

Available Aug 1

Top amenities

In-Unit Laundry

On-Site Laundry

Find sweet deals in Downtown Madison

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$2,150

148 E Gorham St

$2,190

539 W Doty St

$2,200

419 W Doty St

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

109 E Gorham St #4, Madison, WI 53703

Affordable | Dishwasher | Storage

3 beds

1 bath

$1,995

Apartment for rent

Available Aug 15

Top amenities

Carpet

Hardwood Floor

Storage

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

221-223 North Pinckney Street - 221 Upper

221 N Pinckney St, Madison, WI 53703

Affordable

4 beds

2 baths

$1,999

Apartment for rent

Available Aug 16

3d ago

Excellent

148-150 E Gorham St

148 E Gorham St, Madison, WI 53703

Affordable

3 beds

1 bath

$2,150

Apartment for rent

3D tour

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

539 W Doty St, Madison, WI 53703

Affordable | Dishwasher | Storage

3 beds

1 bath

$2,190

Apartment for rent

4d ago

8.4

Very good

419 W Doty St

419 W Doty St, Madison, WI 53703

Affordable

3 beds

1 bath

$2,200

Apartment for rent

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

201 N. Pinckney Street - 201-2

201 N Pinckney St #201-2, Madison, WI 53703

Affordable | On-site laundry

4 beds

1 bath

$2,370

Apartment for rent

Available Aug 16

Top amenities

On-Site Laundry

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

207 N. Pinckney Street - 207-2

207 N Pinckney St #207-2, Madison, WI 53703

Affordable | On-site laundry

4 beds

1 bath

$2,385

Apartment for rent

Available Aug 16

Top amenities

On-Site Laundry

5d+ ago

Cheap Downtown Madison house for rent in Madison

118 South Blair Street - 1

118 S Blair St #1, Madison, WI 53703

Affordable | In-unit laundry | Assigned parking

4 beds

1 bath

$2,400

House for rent

Available Aug 15

Top amenities

Assigned Parking

Ceiling Fan

Dishwasher

In-Unit Laundry

Microwave

Storage

5d+ ago

Cheap Downtown Madison house for rent in Madison

134-136 E Gorham St - 1

134 E Gorham St, Madison, WI 53703

Affordable | On-site laundry | Hardwood floor

3 beds

1 bath

$2,460

House for rent

Available Aug 15

Top amenities

Ceiling Fan

On-Site Laundry

Bassett & Wash, LLC 511WW - Photo 1 of 1

3D tour

2d ago

8.3

Very good

Bassett & Wash, LLC 511WW

511 W Washington Ave, Madison, WI 53703

Affordable | In-unit laundry | Dishwasher

3–9 beds

1–3 baths

$2,495–$7,490

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

319 North Pinckney Street - Unit...

319 N Pinckney St #1, Madison, WI 53703

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$2,550

Apartment for rent

Available Aug 15

Top amenities

Air Conditioning

Controlled Access

Dishwasher

Microwave

On-Site Laundry

Storage

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

215 N. Pinckney Street - 215-4

215 N Pinckney St #215-4, Madison, WI 53703

Affordable | On-site laundry

3 beds

1 bath

$2,575

Apartment for rent

Available Aug 16

Top amenities

On-Site Laundry

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

104 E. Dayton Street - 104-2

104 E Dayton St #2, Madison, WI 53703

Affordable | On-site laundry | Dishwasher

3 beds

2 baths

$2,665

Apartment for rent

Available Aug 16

Top amenities

On-Site Laundry

5d+ ago

Cheap Downtown Madison house for rent in Madison

111 East Gorham Street - Unit...

111 E Gorham St #4, Madison, WI 53703

Affordable | Storage | Carpet

5 beds

2 baths

$3,095

House for rent

Available Aug 15

Top amenities

Air Conditioning

3D tour

2d ago

6.8

Good

Bassett & Wash, LLC

501 W Washington Ave, Madison, WI 53703

Affordable

4 beds

1 bath

$3,200

Apartment for rent

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

115 East Gorham Street - Unit 4

115 E Gorham St #4, Madison, WI 53703

Affordable | Dishwasher | Storage

5 beds

2 baths

$3,500

Apartment for rent

Available Aug 15

Top amenities

Carpet

Central Heat

Microwave

Storage

5d+ ago

Cheap Downtown Madison apartment for rent in Madison

319 North Pinckney Street - Unit 2

319 N Pinckney St #2, Madison, WI 53703

Affordable | In-unit laundry | Dishwasher

5 beds

2 baths

$4,250

Apartment for rent

Available Aug 15

Top amenities

Ceiling Fan

Central Heat

Controlled Access

In-Unit Laundry

Microwave

4d ago

8.6

Very good

209 East Mifflin Street

209 E Mifflin St, Madison, WI 53703

Affordable

9 beds

3 baths

$5,850

Apartment for rent

Showing 1 - 28 of 28 results

Home > Apartments in Madison > Downtown Madison > Downtown Madison Cheap Apartments For Rent

Updated: June 7, 2026

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