Cheap Apartments for Rent in Madison, MD from $400 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in Madison.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Madison, MD Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, MD is a 2 Beds unit found at Riverwoods at Denton in the Savannah Overlook neighborhood priced from $448. The Village at Slippery Hill II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $585. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverwoods at Denton2 BR- Phase I & II2BR,1BA$448
The Village at Slippery Hill IIA1 - One Bedroom Apartment1BR,1BA$585
Federal Manor1 Bed, 1 bath1BR,1BA$630
Leonard's Grove Apartments1 Bed, 1 bath1BR,1BA$765
Rivers Edge Apartments and Studio for the ArtsClaude Monet2BR,2BA$790

Best Value Apartments for Rent in Madison, MD and Nearby

As of April 17, 2025 the best value apartment in the Madison area is the $1.30 price per square foot The Harrington Model at Lakeside Run at Trappe in the starting from $3,495. The second greatest value Madison apartment is the 3BR/2BA Model at Spring Valley Apartments starting at $1,561 with a $1.32 price per square foot in the Pegg Run 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.
Lakeside Run at TrappeThe Harrington3BR,3BA$1.30
Spring Valley Apartments3BR/2BA3BR,2BA$1.32
Rivers Edge Apartments and Studio for the ArtsClaude Monet2BR,2BA$0.79
Admiral's Landing2 Bedroom2BR,2BA$1.31
Mulberry Estatestwo bedroom2BR,1BA$1.26
Stone Grove Crossing1 Bedroom1BR,1BA$1.14
The Village at Slippery Hill IIA1 - One Bedroom Apartment1BR,1BA$0.81
Caroline Apartmentsone bedroom1BR,1BA$1.21
Riverwoods at Denton1 BR- Phase I & II1BR,1BA$1.23
Federal Manor1 Bed, 1 bath1BR,1BA$1.09

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Location, Location, Location!

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Getting Around Madison, MD

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 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

What is the Cheapest Studio apartment in Madison?

Currently the most affordable Cheap Studio Apartment in Madison is at Nautilus Point listed at $1,472.

How much is rent for a Cheap One Bedroom Madison Apartment?

The lowest price for a Cheap One Bedroom Madison Apartment is $585 at The Village at Slippery Hill II.

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 $448 at Riverwoods at Denton.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at The Village at Slippery Hill II and starts from $799.

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.

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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.

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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.

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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.