Cheap Apartments for Rent in Madison, MO from $500 (7 Rentals)

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

Madison, MO Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, MO is a 1 Bed unit found at Ash Street Place Apartments in the Tiger Village Apartments neighborhood priced from $705. Element Communities Downtown Columbia in the Downtown Columbia neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $759. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ash Street Place Apartments1x11BR,1BA$705
Element Communities Downtown Columbia4BR/4BA - Bretona Upgrade4BR,4BA$759
The Links at ColumbiaClassic Deluxe II1BR,1BA$775

Best Value Apartments for Rent in Madison, MO and Nearby

As of March 02, 2025 the best value apartment in the Madison area is the $0.90 price per square foot 4B 2.5B UP Model at CROSS CREEK VILLAS in the in the The Links of Columbia neighborhood starting from $1,799. The second greatest value Madison apartment is the Sundeck Duplex Model at Manor Homes starting at $1,950 with a $1.11 price per square foot in the The Links of Columbia 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.
CROSS CREEK VILLAS4B 2.5B UP4BR,2.5BA$0.90
Manor HomesSundeck Duplex3BR,2.5BA$1.11
Wellington Manor3 BR W/ Garages3BR,2BA$1.02
Four Winds3 Bedroom TH3BR,2BA$1.09
Lake Broadway TownhomesClassic 2 Bedroom 2 Bath2BR,2BA$1.08
Keeneland Downs ApartmentsLexington Floor Plan - Large 3 BEDROOM With Pool!3BR,2BA$1.14
Broadway Village ApartmentsModel2BR,1BA$1.04
16 N 10th St3 bed 1 bath3BR,1BA$0.66
Heather Ridge2 bedroom2BR,1BA$1.28
Broadway ApartmentsSpacious 1 Bedroom 1 Bathroom Apartment Home1BR,1BA$1.27

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Location, Location, Location!

Explore Madison, MO Rentals by Map

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Getting Around Madison, MO

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $705 at Ash Street Place 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 $730 at Ash Street Place Apartments.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Element Communities Downtown Columbia and starts from $939.

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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