
Cheap Homes for Rent in Madison County, IN from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Madison County.


1051 Sycamore St

1125 W 1st St

1807 Raible Ave
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.

1222 Nichol Ave

4801 E Co Rd 67

1833 W 23rd St

2103 Arrow Ave
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.

939 Indiana Ave

1121 E 29th St

3020 Jefferson St

2121 Madison Ave
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.

2923 W 12th St

1229 W 8th St
Madison County, IN Local Guide

How much does it cost to rent a home in Madison County?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison County 2 Bedroom Homes for Rent | $1,184 | $925 | $1,800 |
Madison County 3 Bedroom Homes for Rent | $1,374 | $850 | $2,000 |
Madison County 4 Bedroom Homes for Rent | $1,696 | $1,180 | $2,800 |
Madison County 5 Bedroom Homes for Rent | $2,628 | $2,500 | $2,850 |
Browse Homes for Rent in Madison County
Explore Madison County
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 18, 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 |
Stonebrook Townhomes | Pinnacle | 2BR,1.5BA | $0.89 |
Four Winds Apartments | 3 Bed 1.5 Bath | 3BR,1.5BA | $1.11 |
Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.12 |
Hoosier Woods Apartments | 2x2 60% | 2BR,2BA | $1.06 |
2136 Crystal St, Unit 2136 Crystal Street Apt B | 2136 Crystal St | 1BR,1BA | $0.86 |
Cedar Ridge Townhomes | The Maple | 2BR,1BA | $1.14 |
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 Madison County
What type of rentals are currently available in Madison County?
There are currently 141 Apartments for Rent in Madison County, IN with pricing that ranges from $250 to $2,645. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $775 to $2,850.
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 $775 to $2,850 with an average monthly rent of $1,538.
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 $935 to $2,080, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,180 and Four Bedroom Apartments start at $2,645.
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.