Cheap Apartments for Rent in Madison, NC from $400 (6 Rentals)

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Ray Commons
Studio to 2 Bedroom Apartments

Ray Commons

625 Washington StEden, NC 27288

Madison, NC Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, NC is a 1 Bed unit found at Farmwood Gardens in the Vernon Farms neighborhood priced from $799. Lakemont Apartment Homes in the Woodland Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Farmwood Gardens1x11BR,1BA$799
Lakemont Apartment HomesStudioStudio,1BA$825
602 Henry StST1BStudio,1BA$830

Best Value Apartments for Rent in Madison, NC and Nearby

As of February 17, 2025 the best value apartment in the Madison area is the $1.17 price per square foot Grandover with Deck Model at Allerton Place in the in the Pearman Estates neighborhood starting from $1,421. The second greatest value Madison apartment is the 2 Beds | 2.5 Bath Model at Terrace at Olde Battleground starting at $1,509 with a $1.28 price per square foot in the Dellwood Park 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.
Allerton PlaceGrandover with Deck3BR,2BA$1.17
Terrace at Olde Battleground2 Beds | 2.5 Bath2BR,2.5BA$1.28
Plantation at Pleasant RidgeB1 - The Fairway - Two Bedroom, Two Bathroom2BR,2BA$1.26
Oakmont ApartmentsUpstairs 2 Bedroom/1.5 Bath2BR,1.5BA$1.02
602 Henry St1BR1B1BR,1BA$1.06
405 Summit St, Unit 2405 Summit St2BR,1BA$1.03
407 Summit St, Unit 2407 Summit St2BR,1BA$1.03
307 Summit St, Unit 2307 Summit St2BR,1BA$1.03
403 Summit St, Unit 1403 Summit St2BR,1BA$1.03
Farmwood Gardens1x11BR,1BA$1.18

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Location, Location, Location!

Explore Madison, NC Rentals by Map

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Getting Around Madison, NC

Walk Score®

22 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Lakemont Apartment Homes listed at $825.

How much is rent for a Cheap One Bedroom Madison Apartment?

The lowest price for a Cheap One Bedroom Madison Apartment is $799 at Farmwood Gardens.

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 $899 at Piedmont Manor.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at HAMPTONS AT COUNTRY PARK and starts from $1,299.

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

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Signing Your Apartment Lease: The Basics

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