Cheap Apartments for Rent in Madison, MD from $400 (12 Rentals)

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

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.

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.

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.

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
Rivers Edge Apartments and Studio for the ArtsClaude Monet2BR,2BA$790
Harrison Ferry1BD 1BTH1BR,1BA$805
Federal Manor1 Bed, 1 bath1BR,1BA$831

Best Value Apartments for Rent in Madison, MD and Nearby

As of May 11, 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 3 Bedroom Model at Admiral's Landing starting at $1,400 with a $1.31 price per square foot in the Westbury Single Family 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
Admiral's Landing3 Bedroom3BR,2BA$1.31
Rivers Edge Apartments and Studio for the ArtsClaude Monet2BR,2BA$0.79
Mulberry Estatestwo bedroom2BR,1BA$1.26
Leonard's Grove Apartments2 Beds, 1 bath2BR,1BA$1.01
Riverwoods at Denton2 BR- Phase I & II2BR,1BA$0.55
Stone Grove Crossing1 Bedroom1BR,1BA$1.14
Harrison Ferry1BD 1BTH1BR,1BA$1.07
The Village at Slippery Hill IIA1 - One Bedroom Apartment1BR,1BA$0.81
Caroline Apartmentsone bedroom1BR,1BA$1.21

Quick Rent Budget Calculator

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Location, Location, Location!

Explore Madison, MD Rentals by Map

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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

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 St. Marys Landing Apartments and Townhomes listed at $1,525.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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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.

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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.

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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.