Cheap Apartments for Rent in Madison, MS from $700 (27 Rentals)

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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.

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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.

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779 Northbrook
1 to 2 Bedroom Apartments

779 Northbrook

107 Pine Knoll DrRidgeland, MS 39157

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Madison, MS Local Guide

Cheapest Neighborhoods for Apartments in Madison, MS

Pricing Updated: 05/18/2025

Current apartment rentals in the Madison, MS area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Madison Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Ashbrooke$2,441$2,4411
Outer Ridgeland Madison$3,350$1,2008

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, MS is a 1 Bed unit found at Briarwood Park in the North Jackson neighborhood priced from $800. The Park at Inverness in the North Jackson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Briarwood Park1B1B1BR,1BA$800
The Park at Inverness1 Bedroom / 1 Bathroom Silver Prep1BR,1BA$850
Northtown Apartments1x1 Classic1BR,1BA$850
PinebrookThe Elm1BR,1BA$925
Siegel Select JacksonStandard StudioStudio,1BA$949
Sunchase Ridgeland1 Bedroom 1 Bath1BR,1BA$954
The Trails at MadisonClassic Deluxe IV1BR,1BA$990
Somerset PlaceChelsea1BR,1BA$995
Aspen Apartments1x1 Premium1BR,1BA$999
Royal Oak Apartments1 Bedroom 1 Bathroom w/Study Upgraded1BR,1BA$1,030

Best Value Apartments for Rent in Madison, MS and Nearby

As of May 18, 2025 the best value apartment in the Madison area is the $1.20 price per square foot 2 Bedroom 2 Bathroom Upgraded w/d Model at Tracewood in the in the North Jackson neighborhood starting from $1,300. The second greatest value Madison apartment is the Oak Model at Ridgeland Place Apartment Homes starting at $1,202 with a $1.11 price per square foot in the Outer Ridgeland Madison 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.
Tracewood2 Bedroom 2 Bathroom Upgraded w/d2BR,2BA$1.20
Ridgeland Place Apartment HomesOak2BR,2BA$1.11
Royal Oak Apartments2 Bedroom 1 Bath Renovated2BR,1BA$1.17
Hampton HouseW Willow2BR,2BA$1.00
The Park at Inverness2 Bedroom / 1.5 Bathroom2BR,1.5BA$1.15
Pear Orchard2BR 2BA (1000 SF)2BR,2BA$1.21
Van MarkA11BR,2BA$1.17
Colony Pointe1 Bedroom1BR,1BA$1.26
PinebrookThe Elm1BR,1BA$1.23
Briarwood Park1B1B1BR,1BA$1.21

Quick Rent Budget Calculator

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Best Local Schools in
Madison, MS

School data provided by Great Schools

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

Explore Madison, MS Rentals by Map

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See the most popular apartments and homes in Madison, MS

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Getting Around Madison, MS

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 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 $800 at Briarwood Park.

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 $985 at The Park at Inverness.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at The Park at Inverness and starts from $1,185.

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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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.

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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.

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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.

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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.