Cheap Homes for Rent in Madison County, IN from $600 (26 Rentals)

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Cheap Homes in Madison County.

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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property at 4216 Mellen Dr

4216 Mellen Dr

AndersonIN46013
property at 4801 E Co Rd 67

4801 E Co Rd 67

ChesterfieldIN46017

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.

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Showing Results 1-26, Page 1 of 1

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. Harter House Anderson LLC has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here is today’s list of the most affordable Madison County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250
Harter House Anderson LLCRoseStudio,1BA$749
North Pointe Commons1BR/1BA1BR,1BA$775

Best Value Apartments for Rent in Madison County, IN

As of May 02, 2025 the best value apartment in the Madison County area is the $1.17 price per square foot (7182B1) 2x1 Model at Summerlake Meadows in the in the Barrington Estates neighborhood starting from $1,449. The second greatest value Madison County apartment is the 2 Beds, 2 Baths Model at Tin Plate Apartments starting at $1,195 with a $1.12 price per square foot . Here is today’s list of the best values for Madison County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summerlake Meadows(7182B1) 2x12BR,1BA$1.17
Tin Plate Apartments2 Beds, 2 Baths2BR,2BA$1.12
Hoosier Woods Apartments2x2 60%2BR,2BA$1.06
ApplecreekThe Jonathan.2BR,2BA$1.20
2136 Crystal St, Unit 2136 Crystal Street Apt B2136 Crystal St1BR,1BA$0.86
Villages on Madison Apartments2x1 R-Prem2BR,1BA$1.23
411 N Sheridan St, Unit .5411 N Sheridan St2BR,1BA$1.13
Cedar Ridge TownhomesThe Fir2BR,1BA$1.20
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45
201 N Lincoln Ave, Unit 3201 N Lincoln Ave1BR,1BA$1.09

Frequently Asked Questions about Madison County

What type of rentals are currently available in Madison County?

There are currently 137 Apartments for Rent in Madison County, IN with pricing that ranges from $250 to $2,695. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $650 to $3,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison County ranges from $650 to $3,000 with an average monthly rent of $1,586.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison County range from $950 to $1,740, while Three Bedroom Homes, Condos, and Townhomes for rent range from $820 to $2,120. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $2,695.

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 Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.