19 King St
MorristownNJ07960
Cheap Homes for Rent in Madison, NJ from $2,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
73 Madison St
MorristownNJ07960
3 Community Pl
MadisonNJ07940
199 Vista Dr
HanoverNJ07927
453 Springfield Ave
Berkeley HeightsNJ07922
159 Washington St
MorristownNJ07960
3107 Pointe Gate Dr
LivingstonNJ07039
229 Livingston Ave
New ProvidenceNJ07974
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Madison, NJ Local Guide
Madison downtown by Leif Knutsen is licensed under Internal
How much does it cost to rent a home in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison 2 Bedroom Homes for Rent | $3,222 | $2,500 | $4,250 |
| Madison 3 Bedroom Homes for Rent | $4,669 | $3,300 | $7,000 |
| Madison 4 Bedroom Homes for Rent | $5,100 | $4,500 | $6,950 |
| Madison 5 Bedroom Homes for Rent | $5,475 | $5,200 | $5,750 |
| Madison 6 Bedroom Homes for Rent | $23,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Madison
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Madison, NJ Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chatham Arms | Fully Renovated 1 bdrm / 1 bath | 1BR,1BA | $1,850 |
| Cardinal Hill | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2,195 |
| Madison Mall Apartments | One Bedroom | 1BR,1BA | $2,235 |
Best Value Apartments for Rent in Madison, NJ and Nearby
As of April 11, 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 100 Main St Model at 100 Main St, Unit 1 starting at $3,025 with a $2.88 price per square foot . 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. |
|---|---|---|---|
| The Promenade at Summit | Devonshire | 2BR,2BA | $2.88 |
| 100 Main St, Unit 1 | 100 Main St | 2BR,1BA | $2.88 |
| Jackson House Apartments | Two Bedroom | 2BR,1BA | $2.69 |
| Spring Brook At Chatham | The Hamilton | 2BR,1BA | $2.90 |
| The M at Morristown | A5 | 1BR,1BA | $3.10 |
| 40 Main St, Unit 1 | 40 Main St | 2BR,2BA | $2.74 |
| Rose Hall | 1 Bed 1 Bath | 1BR,1BA | $3.25 |
| Chatham Arms | Fully Renovated 1 bdrm / 1 bath | 1BR,1BA | $2.11 |
| Madison Mall Apartments | One Bedroom | 1BR,1BA | $2.79 |
| Chatham Hill | 1BR 1BA (780sf) | 1BR,1BA | $3.19 |
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Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 65 Apartments for Rent in Madison, NJ with pricing that ranges from $1,664 to $10,345. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $2,500 to $23,000.
What is the current price range for Rental Homes in Madison?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison ranges from $2,500 to $23,000 with an average monthly rent of $7,327.
How much are larger Three and Four Bedroom Rentals in Madison?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison range from $1,917 to $5,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,300 to $7,000. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $3,000.
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.
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.
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.
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.
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.