Cheap Apartments for Rent in Madison, NJ from $1,400 (18 Rentals)

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Madison Apartments
2 Bedroom Apartments

Madison Apartments

255 Main StMadison, NJ 07940
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Showing Results 1-18, Page 1 of 1

Madison, NJ Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, NJ is a 1 Bed unit found at Chatham Arms priced from $1,850. Cardinal Hill in the Benders Corner neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,195. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chatham ArmsFully Renovated 1 bdrm / 1 bath1BR,1BA$1,850
Cardinal Hill1 Bedroom, 1 Bathroom1BR,1BA$2,195
Chatham Hill1BR 1BA (820sf)1BR,1BA$2,382
Chatham on Main1BR Standard1BR,1BA$2,400
Spring Brook At ChathamThe Jefferson2BR,1BA$2,599

Best Value Apartments for Rent in Madison, NJ and Nearby

As of March 26, 2025 the best value apartment in the Madison area is the $2.88 price per square foot Devonshire Model at The Promenade at Summit in the starting from $4,050. The second greatest value Madison apartment is the 3BR 2BA (1190sf) Model at Chatham Hill starting at $3,647 with a $3.06 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.
The Promenade at SummitDevonshire2BR,2BA$2.88
Chatham Hill3BR 2BA (1190sf)3BR,2BA$3.06
100 Main St, Unit 1100 Main St2BR,1BA$2.88
Jackson House ApartmentsTwo Bedroom2BR,1BA$2.69
Spring Brook At ChathamThe Hamilton2BR,1BA$2.90
The M at MorristownA51BR,1BA$3.10
147 Columbia$3.12/sq.ft. - Residence 1-1A1BR,1BA$3.21
Rose Hall1 Bed 1 Bath1BR,1BA$3.52
Chatham ArmsFully Renovated 1 bdrm / 1 bath1BR,1BA$2.11
Chatham on Main1BR Standard1BR,1BA$3.43

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Location, Location, Location!

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Getting Around Madison, NJ

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

46 / 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 $1,850 at Chatham Arms.

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 $2,599 at Spring Brook At Chatham.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Chatham Hill and starts from $3,647.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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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.