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from $2501 Bedroom Apartments Available Now
The Towers at Southdale Affordable Senior
524 W 53rd StAnderson, IN 46013
Cheap Apartments for Rent in Madison County, IN from $300 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison County.
2408 Brown St
AndersonIN46016
202 E 13th St
AndersonIN46016
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from $6001 Bedroom Apartment Available Now
201 N Lincoln Ave, Unit 3
201 N Lincoln AveAlexandria, IN 46001
2002 Jefferson St
AndersonIN46016
215 Madison Ave
AndersonIN46016
221 E 11th St
AndersonIN46016
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from $6501 Bedroom Apartment Available Now
317 N Harrison St, Unit .5
317 N Harrison StAlexandria, IN 46001
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $650Studio to 2 Bedroom Apartments Contact Us For Availability
Bay Terrace Apartments
530 Alhambra DrAnderson, IN 46012
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from $6731 to 4 Bedroom Apartments Available Now
Hoosier Woods Apartments
3833 Hoosier Woods CtAnderson, IN 46013
913-915 Morton St
AndersonIN46016
2112 Lafayette St
AndersonIN46012
526 W 9th St
AndersonIN46016
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1825 Walnut St
AndersonIN46016
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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.
Showing Results 1-27, Page 1 of 1
Madison County, IN Local Guide
Indiana road by StevenW. is licensed under CC BY 2.0
How much does it cost to rent an apartment in Madison County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison County Studio Apartments | $757 | $650 | $825 |
| Madison County 1 Bedroom Apartments | $824 | $250 | $1,045 |
| Madison County 2 Bedroom Apartments | $1,077 | $800 | $1,499 |
| Madison County 3 Bedroom Apartments | $1,403 | $935 | $2,080 |
| Madison County 4 Bedroom Apartments | $2,695 | $2,695 | $2,695 |
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Cheapest Available Madison County Apartments for Rent
The cheapest available apartment rental in Madison County, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. Hoosier Woods Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $673. Here is today’s list of the most affordable Madison County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| Hoosier Woods Apartments | 1x1 50% | 1BR,1BA | $673 |
| Harter House Anderson LLC | Rose | Studio,1BA | $749 |
| North Pointe Commons | 1BR/1BA | 1BR,1BA | $775 |
Best Value Apartments for Rent in Madison County, IN
As of May 11, 2025 the best value apartment in the Madison County area is the $0.56 price per square foot 919 Walnut St Model at 919 Walnut St in the starting from $1,000. The second greatest value Madison County apartment is the (7182B1) 2x1 Model at Summerlake Meadows starting at $1,449 with a $1.17 price per square foot in the Barrington Estates neighborhood. Here is today’s list of the best values for Madison County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 919 Walnut St | 919 Walnut St | 3BR,1BA | $0.56 |
| Summerlake Meadows | (7182B1) 2x1 | 2BR,1BA | $1.17 |
| Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.12 |
| Four Winds Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.16 |
| Hoosier Woods Apartments | 2x2 60% | 2BR,2BA | $1.06 |
| Applecreek | The Jonathan | 2BR,2BA | $1.20 |
| 2136 Crystal St, Unit 2136 Crystal Street Apt B | 2136 Crystal St | 1BR,1BA | $0.86 |
| Villages on Madison Apartments | 2x1 R-Prem | 2BR,1BA | $1.23 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
| 201 N Lincoln Ave, Unit 3 | 201 N Lincoln Ave | 1BR,1BA | $1.09 |
Frequently Asked Questions about Cheap Madison County Apartments
What is a cheap apartment in Madison County?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Madison County is under $775.
What is the price of a cheap apartment in Madison County?
The cheapest apartment in Madison County is The Towers at Southdale Affordable Senior which is listed at $250, while the average apartment in Madison County costs $2,695.
What types of apartments are the cheapest in Madison County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Madison County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Madison County?
Cheap apartments in Madison County have an average cost of $304 which is $2,391 cheaper than the average rent for all rentals in Madison County.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.