Cheap Apartments for Rent in Madison, ME from $700 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article
close
View Me
347 Ridge Road
Studio to 2 Bedroom Apartments

347 Ridge Road

347 Ridge RoadFairfield, ME 04937
  • Utilities Included

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.

Read Article
property at 23 Church St

23 Church St

OaklandME04963
Showing Results 1-14, Page 1 of 1

Madison, ME Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, ME is a 2 Beds unit found at 95-99 Maine Ave priced from $800. Orchard Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
95-99 Maine Ave2 Bed/1 Bath2BR,1BA$800
Orchard Park Apartments1 Bedroom1BR,1BA$1,275
The Ridges1 BR, 1BA1BR,1BA$1,375
Mayo MillB1122BR,1BA$1,675
Hathaway Creative CenterThibedeauStudio,1BA$1,705

Best Value Apartments for Rent in Madison, ME and Nearby

As of May 11, 2025 the best value apartment in the Madison area is the $1.34 price per square foot B112 Model at Mayo Mill in the starting from $1,675. The second greatest value Madison apartment is the 59 Summer St Model at 59 Summer St, Unit 2 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mayo MillB1122BR,1BA$1.34
59 Summer St, Unit 259 Summer St3BR,1BA$1.21
16 Ayer St, Unit A16 Ayer St3BR,1.5BA$1.59
The RidgesFurnished 1 BR, 1 BA, Large Office/Den1BR,1BA$2.20
82 Summer St, Unit B82 Summer St2BR,1BA$1.61
95-99 Maine Ave2 Bed/1 Bath2BR,1BA$1.07
Orchard Park Apartments1 Bedroom1BR,1BA$1.82
35 Laurel AveHandi-Access 1Bed Furnished 1st Fl1BR,1BA$4.63

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Best Local Schools in
Madison, ME

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Madison, ME Rentals by Map

Decorative image of map

See the most popular apartments and homes in Madison, ME

View MapMadison, ME Apartments MapView MapMadison, ME Rental Homes Map

Getting Around Madison, ME

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 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 $1,275 at Orchard Park 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 $800 at 95-99 Maine Ave.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at 95-99 Maine Ave and starts from $1,000.

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

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.