Cheap Apartments for Rent in Madison, NE from $600 (22 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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Leisure Apartments
1 to 2 Bedroom Apartments

Leisure Apartments

825 E 6th StWayne, NE 68787
  • Utilities Included
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Gatewood Estates
1 to 3 Bedroom Apartments

Gatewood Estates

627 Streeter DrNorth Sioux City, SD 57049
  • Utilities Included
property at 1005 S 4th St

1005 S 4th St

NorfolkNE68701
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Madison, NE Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, NE is a Studio unit found at Dakota Bend I & II priced from $675. Fremont Omega - A 55+ Senior Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dakota Bend I & IIDB 2 - StudioStudio,1BA$675
Fremont Omega - A 55+ Senior Community1 Bed 1 Bath1BR,1BA$699
Bluestem ApartmentsStudioStudio,1BA$875
The Apartment Place1BR/1BA1BR,1BA$895
Horizon Apartments2 Bedroom2BR,1BA$900

Best Value Apartments for Rent in Madison, NE and Nearby

As of April 16, 2025 the best value apartment in the Madison area is the $1.16 price per square foot 2 Beds, 1 bath Model at 414 W Phillip Ave in the starting from $1,450. The second greatest value Madison apartment is the 2 Bedroom Model at Villas At The Pines starting at $1,295 with a $1.14 price per square foot . 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.
414 W Phillip Ave2 Beds, 1 bath2BR,1BA$1.16
Villas At The Pines2 Bedroom2BR,2BA$1.14
Dakota Prairie ApartmentsTwo Bedroom, Two Bath2BR,2BA$1.15
Woodbury HeightsTwo Bedroom2BR,1BA$1.08
Prairie View Apartments1 bedroom unit1BR,1BA$1.15
The Apartment Place1BR/1BA1BR,1BA$1.07
Fountain SpringsBirch1BR,1BA$1.19
Conestoga CrossingTWO BEDROOM FLOORPLAN2BR,2BA$1.20
Horizon Apartments2 Bedroom2BR,1BA$1.09
Fremont Omega - A 55+ Senior Community1 Bed 1 Bath1BR,1BA$1.08

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Getting Around Madison, NE

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 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 $699 at Fremont Omega - A 55+ Senior Community.

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 $825 at Fremont Omega - A 55+ Senior Community.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at The Warwick and starts from $1,175.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.