Cheap Apartments for Rent in Madison, TN from $500 (52 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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Cumberland View Towers
1 Bedroom Apartments

Cumberland View Towers

1201 Cheyenne BlvdMadison, TN 37115
Senior Living
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October Homes
1 to 3 Bedroom Apartments

October Homes

606 N Dupont AveMadison, TN 37115
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223 Foxboro Dr
2 to 3 Bedroom Apartments

223 Foxboro Dr

223 Foxboro DrMadison, TN 37115
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Cumberland Crossing
1 to 3 Bedroom Apartments

Cumberland Crossing

333 Rio Vista DrMadison, TN 37115
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Easton Apartments
1 to 2 Bedroom Apartments

Easton Apartments

714 Due West Ave NMadison, TN 37115

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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Cottonwood Apartments
1 Bedroom Apartments

Cottonwood Apartments

900 E Old Hickory BlvdMadison, TN 37115
  • Utilities Included

Nashville's Best Affordable Neighborhoods

Learn about Nashville and the best places to live with original content written by our Local Expert Brandie Parton

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Trailmont
2 Bedroom Apartments

Trailmont

512 Hillcrest RdGoodlettsville, TN 37072
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Fallbrook Apartments
1 to 3 Bedroom Apartments

Fallbrook Apartments

345 Dellway Villa RdNashville, TN 37207
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Madison, TN Local Guide

Cheapest Available Madison Apartments for Rent

 

The cheapest available apartment rental in Madison, TN is a 1 Bed unit found at Highland East in the East Nashville neighborhood priced from $559. Madison Flats in the Pleasant Acres neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $920. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland East1 Bedroom1BR,1BA$559
Madison FlatsThe CarterStudio,1BA$920
Dupont Avenue Apartments1 Bedroom Renovated1BR,1BA$928
Crossings at Madison1x11BR,1BA$931
Crossings at East NashvilleA11BR,1BA$934
Gibson Creek Apartments1X11BR,1BA$945
Forest ParkThe Neely1BR,1BA$965
Rothwood Apartments1 Bedroom 1 Bathroom1BR,1BA$970
Cobblestone Corners1 Bedroom 1 Bath1BR,1BA$987
Cedar Place1 Bedroom 1 Bathroom1BR,1BA$999

Best Value Apartments for Rent in Madison, TN

As of May 18, 2025 the best value apartment in the Madison area is the $1.00 price per square foot 207 Moncrief Ave Model at 207 Moncrief Ave, Unit a in the in the Ivy Hill neighborhood starting from $2,000. The second greatest value Madison apartment is the 613 Vantrease Rd Model at 613 Vantrease Rd, Unit Vantrease A starting at $1,900 with a $1.31 price per square foot in the Ivy Hill 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.
207 Moncrief Ave, Unit a207 Moncrief Ave4BR,2BA$1.00
613 Vantrease Rd, Unit Vantrease A613 Vantrease Rd2BR,1BA$1.31
Buffalo Trail Apartments3 Bedroom Two Bathroom3BR,2BA$1.31
Meadow Creek3 Bedroom 2 Bathroom3BR,2BA$1.11
The Briarville Apartments2 Bedroom Two Bathroom2BR,2BA$1.25
The Bend NashvilleThe Carter2BR,2BA$1.24
Crossings at East NashvilleB12BR,1.5BA$1.35
Cobblestone Corners1 Bedroom 1 Bath1BR,1BA$1.04
The Village at Crestview Apartments2 Bedroom2BR,1BA$1.23
Crossings at Madison1x11BR,1BA$1.28

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

Explore Madison, TN Rentals by Map

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See the most popular apartments and homes in Madison, TN

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Getting Around Madison, TN

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

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

What is the Cheapest Studio apartment in Madison?

Currently the most affordable Cheap Studio Apartment in Madison is at Madison Flats listed at $920.

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

The lowest price for a Cheap One Bedroom Madison Apartment is $559 at Highland East.

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 $1,085 at Gibson Creek Apartments.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Ewing Heights and starts from $1,011.

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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A Nashville Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Brandie Parton

I’m Brandie, your ApartmentHomeLiving.com local expert for Nashville, Tennessee.

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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.