![Natures Edge Partners LLC](https://images1.apartmenthomeliving.com/i2/ck7lAHeJ5BOnplYRNkFzS4tofhRg63MTQD4EYgD4hPc/117/image.jpg?p=1)
Cheap Apartments for Rent in Madison, MN from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.
![Natures Edge Partners LLC](https://images1.apartmenthomeliving.com/i2/ck7lAHeJ5BOnplYRNkFzS4tofhRg63MTQD4EYgD4hPc/117/image.jpg?p=1)
![Lamplighter Apartments](https://images1.apartmenthomeliving.com/i2/7JYQG8SxT2zZVaqB_y2z2kX2BpoebX1JJn_TL5iRG2g/117/image.jpg?p=1)
Lamplighter Apartments
![The Rock Apartments](https://images1.apartmenthomeliving.com/i2/2WfJBBt6TLQJcC8DHCd6J-OyG3OyRPfjMcLZHcKCziw/117/image.jpg?p=1)
The Rock Apartments
![Innovation Village](https://images1.apartmenthomeliving.com/i2/j7GQ70N1GAqZBbEXbf4I0U-6zEz2yJnPVF6_9gdZ-10/117/image.jpg?p=1)
Innovation Village
![The Nexus](https://images1.apartmenthomeliving.com/i2/N5asao8Ll0LYwTi1FRdUZWB1qykDWRfuWwbOTD-WiTA/117/image.jpg?p=1)
The Nexus
![125 Front St](https://images1.apartmenthomeliving.com/i2/YBlz9u6HtLRGBvxSiaebjZx7KiWgc3oTsyHnncXDPkA/117/image.jpg?p=1)
125 Front St, Unit #2
Madison, MN Local Guide
![Apartments for rent in Madison, MN](https://assets.apartmenthomeliving.com/content/mn/madison/sunset_at_the_buffalo_ridge_wind_farm.jpg)
How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Studio Apartments | $897 | $575 | $1,100 |
Madison 1 Bedroom Apartments | $1,119 | $502 | $1,885 |
Madison 2 Bedroom Apartments | $1,325 | $625 | $1,880 |
Madison 3 Bedroom Apartments | $1,505 | $895 | $1,870 |
Madison 4 Bedroom Apartments | $1,472 | $1,350 | $1,595 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, MN Local Guide
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Cheapest Available Madison Apartments for Rent and Nearby
 The cheapest available apartment rental in Madison, MN is a 1 Bed unit found at Beardsley Apartments priced from $482. 806 W 5th St has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Madison apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Beardsley Apartments | One Bedroom | 1BR,1BA | $482 |
806 W 5th St | Studio | Studio,1BA | $525 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
Briarwood Estates | 901 Pearl Ave | 2BR,1BA | $750 |
Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $750 |
The Nexus | 235 - 2 BR/1 BA | 2BR,1BA | $795 |
Suite Liv'n - Marshall | One Bedroom | 1BR,1BA | $850 |
1105 24th St NW | Two bedroom/ One bathroom | 2BR,1BA | $875 |
Wilkeshire Apartments | 2 Bed 1 Bath | 2BR,1BA | $900 |
Archer Flats | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in Madison, MN and Nearby
As of February 18, 2025 the best value apartment in the Madison area is the $1.25 price per square foot 2BR/2.0BA Model at One & Two Willow Creek in the starting from $1,395. The second greatest value Madison apartment is the 901D Briarwood Model at Briarwood Estates starting at $1,300 with a $1.30 price per square foot in the Downtown Marshall neighborhood. 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. |
---|---|---|---|
One & Two Willow Creek | 2BR/2.0BA | 2BR,2BA | $1.25 |
Briarwood Estates | 901D Briarwood | 3BR,2BA | $1.30 |
Wilkeshire Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.92 |
Block 100 | Two Bedroom | 2BR,1BA | $1.18 |
Suite Liv'n on 15th NW | Three Bedroom - BLDG 3 | 3BR,1BA | $1.31 |
Beardsley Apartments | One Bedroom | 1BR,1BA | $0.54 |
RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $0.87 |
Wildwood Apartments | 2BR/1.0BA | 2BR,1BA | $1.27 |
Natures Edge Partners LLC | 1B1B MKT | 1BR,1BA | $0.05 |
Quick Rent Budget Calculator
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Best Local Schools in Madison, MN
Madison-Marietta-Nassau Elementary
Lac Qui Parle Valley Secondary
Lac Qui Parle Valley Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Madison, MN
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some 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 806 W 5th St listed at $525.
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $25 at Natures Edge Partners LLC.
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 $625 at RC Square Apartments.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at Suite Liv'n - Marshall and starts from $1,150.
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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article](https://assets.apartmenthomeliving.com/content/posts/19321224-understanding_amenity_fees_know_where_you_might_be_able_to_save_money.jpg)
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.
![decorative image for What to Know About Fees and Fines When Renting article](https://assets.apartmenthomeliving.com/content/posts/18447499-what_to_know_about_fees_and_fines_when_renting.jpg)
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
![decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article](https://assets.apartmenthomeliving.com/content/posts/19302864-how_your_move_in_inspection_can_protect_your_security_deposit.jpg)
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
![decorative image for Signing Your Apartment Lease: The Basics article](https://assets.apartmenthomeliving.com/content/posts/18447535-signing_your_apartment_lease_the_basics.jpg)
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.