Cheap Homes for Rent in Madison, AL from $900 (26 Rentals)

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property at 2104 Liberty Dr

2104 Liberty Dr

MadisonAL35758

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 1906 Liberty Dr

1906 Liberty Dr

MadisonAL35758

Madison, AL Local Guide

Cheapest Neighborhoods for Apartments in Madison, AL

Pricing Updated: 04/18/2025

Current apartment rentals in the Madison, AL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Madison Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Triana$1,761$1,13917
N Outer Madison Airport$2,595$990292

Cheapest Available Madison Apartments for Rent

 

The cheapest available apartment rental in Madison, AL is a Studio unit found at The Reserve at Research Park in the University Research Park neighborhood priced from $800. Shelton Park Apartments in the Outer Redstone Arsenal neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Research ParkReserve StudioStudio,1BA$800
Shelton Park ApartmentsSTU-MStudio,1BA$849
Madison Station Apartment Homes1 BR / 1 BA1BR,1BA$885
Somerset at MadisonStudio Premier Terrace1BR,1BA$907
MAA Providence MainSaratoga I1BR,1BA$928
Elements of Madison ApartmentsA1B - Renovated1BR,1BA$929
Walden at ProvidenceRidgecrest1BR,1BA$950
The Bridges in Research Park1 x 11BR,1BA$950
Charleston Oaks ApartmentsCherry Blossom1BR,1BA$960
Ashbury Woods1 Bedroom Executive1BR,1BA$969

Best Value Apartments for Rent in Madison, AL

As of April 18, 2025 the best value apartment in the Madison area is the $1.03 price per square foot Fairmont A - Fairmont A Model at Hidden River Townhomes in the in the Triana neighborhood starting from $1,749. The second greatest value Madison apartment is the Bliss Newly Renovated ADA Model at Magnolia Pointe at Madison starting at $1,402 with a $1.04 price per square foot in the Outer Redstone Arsenal neighborhood. Here is today’s list of the best values for Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hidden River TownhomesFairmont A - Fairmont A3BR,2.5BA$1.03
Magnolia Pointe at MadisonBliss Newly Renovated ADA3BR,2BA$1.04
Bridge Pointe ApartmentsRedwood3BR,2BA$1.01
140 on Royal3x23BR,2BA$1.09
Eagle's Landing Apartments2 Bedroom Garden2BR,2BA$1.03
Limestone Creek Apartment HomesTwo Bedroom2BR,2BA$1.02
Grand Reserve1x11BR,1.5BA$1.02
Hawthorne at the RidgeCapshaw2BR,2BA$1.08
Ashbury Woods1 Bedroom Executive1BR,1BA$1.05
The Bridges in Research Park1 x 11BR,1BA$1.03

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Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 117 Apartments for Rent in Madison, AL with pricing that ranges from $795 to $9,528. There are also 286 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $995 to $5,000.

What is the current price range for Rental Homes in Madison?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison ranges from $995 to $5,000 with an average monthly rent of $1,987.

How much are larger Three and Four Bedroom Rentals in Madison?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison range from $1,192 to $9,528, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $4,750. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,373.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.