Cheap Apartments for Rent in Madison, FL from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.

Preston Place Apartments

Heron Lake

The Gables of St. Augustine

Ashton Meadows

Castlewood Apartments

Valdosta Campus Walk-Off Campus Student Housi
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.

Ashton Park

Baytree Condominiums

Oak Terrace

Lakeside Lakeview

709 N Troup St

908 S Toombs St

117 Chaney St

318 E Minnie Martin Dr

418 N Lee St

916 Mystic St

2349 Harter Ave
Madison, FL Local Guide

How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Studio Apartments | $812 | $800 | $825 |
Madison 1 Bedroom Apartments | $1,036 | $599 | $1,425 |
Madison 2 Bedroom Apartments | $1,201 | $659 | $1,885 |
Madison 3 Bedroom Apartments | $1,489 | $665 | $2,997 |
Madison 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Top Apartments in Madison
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Madison, FL Local Guide
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Cheapest Available Madison Apartments for Rent and Nearby
 The cheapest available apartment rental in Madison, FL is a 1 Bed unit found at Preston Place Apartments priced from $599. The Gables of St. Augustine has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Madison apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Preston Place Apartments | 1 Bedroom | 1BR,1BA | $599 |
The Gables of St. Augustine | Studio | Studio,1BA | $800 |
Ashton Meadows | 1 Bed, 1 bath | 1BR,1BA | $834 |
Valdosta Campus Walk-Off Campus Student Housi | Williams | 2BR,2BA | $899 |
Lakeside Lakeview | 1 Bedroom, 1Bath view | 1BR,1BA | $900 |
Best Value Apartments for Rent in Madison, FL and Nearby
As of April 24, 2025 the best value apartment in the Madison area is the $0.99 price per square foot 3x2 Model at The Retreat at Pineview in the starting from $1,325. The second greatest value Madison apartment is the The Pendleton (Renovated) Model at The Grand at Lake Sheri starting at $1,450 with a $1.21 price per square foot . Here is today’s list of the best values for Madison apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Retreat at Pineview | 3x2 | 3BR,2BA | $0.99 |
The Grand at Lake Sheri | The Pendleton (Renovated) | 3BR,3BA | $1.21 |
Spanish Mission | 2BR/3BA Townhome R | 2BR,2.5BA | $1.10 |
Castlewood Apartments | 2 Bedroom | 2BR,2BA | $0.95 |
The Gates - Student Housing | 2BR/2BA Standard | 2BR,2BA | $0.66 |
Latitude 30 Apartments | 2 BR | 2 BA Townhome | 2BR,2BA | $1.08 |
Prosper Azalea City | B1D | 2BR,1BA | $1.11 |
Preston Place Apartments | 1 Bedroom | 1BR,1BA | $0.74 |
Remerton Mill | 2x2 | 2BR,2BA | $0.87 |
Ashton Meadows | 1 Bed, 1 bath | 1BR,1BA | $1.20 |
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Getting Around Madison, FL
Walk Score®
36 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Madison Apartments
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $599 at Preston Place Apartments.
What is the lowest price for a Cheap Two Bedroom Madison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madison is starting from $899 at Valdosta Campus Walk-Off Campus Student Housi.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at Latitude 30 Apartments and starts from $1,105.
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.

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.

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.

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.

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.