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Cheap Apartments for Rent in Madison, MO from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.
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Broadway Apartments
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Columbia Crossing
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Kitty Hawk Apartments
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4760 State Hwy JJ
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3710 Weymeyer Dr
Madison, MO Local Guide
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How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison 1 Bedroom Apartments | $1,458 | $775 | $3,138 |
Madison 2 Bedroom Apartments | $1,333 | $575 | $3,845 |
Madison 3 Bedroom Apartments | $1,470 | $550 | $2,325 |
Madison 4 Bedroom Apartments | $1,080 | $600 | $2,780 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, MO Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ash Street Place Apartments | 1x1 | 1BR,1BA | $705 |
Element Communities Downtown Columbia | 4BR/4BA - Bretona Upgrade | 4BR,4BA | $759 |
The Links at Columbia | Classic Deluxe II | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
CROSS CREEK VILLAS | 4B 2.5B UP | 4BR,2.5BA | $0.90 |
Manor Homes | Sundeck Duplex | 3BR,2.5BA | $1.11 |
Wellington Manor | 3 BR W/ Garages | 3BR,2BA | $1.02 |
Four Winds | 3 Bedroom TH | 3BR,2BA | $1.09 |
Lake Broadway Townhomes | Classic 2 Bedroom 2 Bath | 2BR,2BA | $1.08 |
Keeneland Downs Apartments | Lexington Floor Plan - Large 3 BEDROOM With Pool! | 3BR,2BA | $1.14 |
Broadway Village Apartments | Model | 2BR,1BA | $1.04 |
16 N 10th St | 3 bed 1 bath | 3BR,1BA | $0.66 |
Heather Ridge | 2 bedroom | 2BR,1BA | $1.28 |
Broadway Apartments | Spacious 1 Bedroom 1 Bathroom Apartment Home | 1BR,1BA | $1.27 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Madison, MO
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
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 $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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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.
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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.
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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
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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.