close
View Me
Cheap Apartments for Rent in Madison, MN from $400 (24 Rentals)
Explore the Best Cheap Apartments in Madison for Renters Looking for a Great Deal on Lower Cost Rent for the Area.
close
View Me
close
View Me
Rent Specials
from $525Studio to 1 Bedroom Apartments Available Now
806 W 5th St
806 W 5th StMorris, MN 56267
close
View Me
close
View Me
from $6751 to 2 Bedroom Apartments Available Now
Bethel On Bryant
419-427 Bryant Ave NWRenville, MN 56284
close
View Me
from $6951 to 2 Bedroom Apartments Available Mar 1
Lamplighter Apartments
201 W 5th StMorris, MN 56267
close
View Me
Rent Specials
from $7011 Bedroom Apartments Available Now
Natures Edge Partners LLC
105 Sunnyslope RdMorris, MN 56267
close
View Me
close
View Me
from $7502 Bedroom Apartments Available Now
The Rock Apartments
1040-1090 17th StGranite Falls, MN 56241
close
View Me
from $775Studio to 3 Bedroom Apartments Available Jan 10
Innovation Village
2405 10th StBrookings, SD 57006
close
View Me
close
View Me
Rent Specials
from $795Studio to 4 Bedroom Apartments Available Now
The Nexus
231-235 Legion Field RdMarshall, MN 56258
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-24, Page 1 of 1
Madison, MN Local Guide
Sunset at the Buffalo Ridge wind farm by Nic McPhee is licensed under CC BY 2.0
How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Studio Apartments | $874 | $400 | $1,100 |
| Madison 1 Bedroom Apartments | $1,086 | $502 | $1,885 |
| Madison 2 Bedroom Apartments | $1,309 | $625 | $1,880 |
| Madison 3 Bedroom Apartments | $1,529 | $960 | $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
- Nearby Cities
- ZIP codes
- Local Counties
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 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $675 |
| Natures Edge Partners LLC | 1B1B MKT | 1BR,1BA | $701 |
Best Value Apartments for Rent in Madison, MN and Nearby
As of January 02, 2025 the best value apartment in the Madison area is the $0.97 price per square foot 3 x 2 Model at Country Side Villas in the starting from $1,305. The second greatest value Madison apartment is the Two Bedroom Two Bathroom Model at Thunder Hawk starting at $1,375 with a $1.36 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. |
|---|---|---|---|
| Country Side Villas | 3 x 2 | 3BR,2BA | $0.97 |
| Thunder Hawk | Two Bedroom Two Bathroom | 2BR,2BA | $1.36 |
| Briarwood Estates | 901D Briarwood | 3BR,2BA | $1.30 |
| 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 |
| The Rock Apartments | GF: 2 Bed 1 Bath | 2BR,1BA | $0.89 |
| Wildwood Apartments | 2BR/1.0BA | 2BR,1BA | $1.27 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.31 |
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.
Let everyone know!
Do you know the Madison area?
If you’re an expert on all things Madison, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Madison, MN
Madison-Marietta-Nassau Elementary
Lac Qui Parle Valley School Dist.
Public School - Grades PK-4 (140)
4 out of 10
Lac Qui Parle Valley Secondary
Lac Qui Parle Valley School Dist.
Public School - Grades 7-12 (334)
5 out of 10
Lac Qui Parle Valley Middle School
Lac Qui Parle Valley School Dist.
Public School - Grades 5-6 (125)
3 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, MN Rentals by Map
See the most popular apartments and homes in Madison, MN
Madison, MN Apartments MapMadison, MN Rental Homes MapGetting 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 $482 at Beardsley 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 $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.
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.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
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.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.