Cheap Apartments for Rent in Madisonville, TN from $500 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Island Grove
2 to 3 Bedroom Apartments

Island Grove

150 Willow Creek DrMadisonville, TN 37354
  • Utilities Included
Showing Results 1-19, Page 1 of 1

Madisonville, TN Local Guide

Cheapest Available Madisonville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madisonville, TN is a 2 Beds unit found at Plainsview Greene priced from $504. Middle Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Madisonville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Plainsview Greene2 Bedroom2BR,1BA$504
Middle Creek Apartments1-bedroom1BR,1BA$725
Starr Mountain Apartments1 bedroom2BR,1BA$750
Tanasi Bend Apartments1-Bedroom1BR,1BA$775
Peaks of LoudonThree Bedroom3BR,2BA$944

Best Value Apartments for Rent in Madisonville, TN and Nearby

As of March 27, 2025 the best value apartment in the Madisonville area is the $1.19 price per square foot Preston Park Model at Preston Park in the in the Maryville Alcoa neighborhood starting from $2,800. The second greatest value Madisonville apartment is the Three Bedroom Model at Peaks of Loudon starting at $944 with a $0.75 price per square foot . Here is today’s list of the best values for Madisonville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Preston ParkPreston Park3BR,3.5BA$1.19
Peaks of LoudonThree Bedroom3BR,2BA$0.75
Mountain View ApartmentsTownhome2BR,1.5BA$1.26
Ridgetop Apartments3B 2B3BR,2BA$0.96
Park Village Apartments1 Bedroom1BR,1BA$1.07
Park Crest ApartmentsPlan D2BR,1BA$1.10
New Adventure Apartments2 Bed 1 Bath2BR,1BA$1.22
Middle Creek Apartments1-bedroom1BR,1BA$0.97
Tanasi Bend Apartments1-Bedroom1BR,1BA$1.11
Starr Mountain Apartments1 bedroom2BR,1BA$1.15

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Madisonville, TN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Madisonville, TN

View MapMadisonville, TN Apartments MapView MapMadisonville, TN Rental Homes Map

Getting Around Madisonville, TN

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

28 / 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 Madisonville Apartments

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

The lowest price for a Cheap One Bedroom Madisonville Apartment is $725 at Middle Creek Apartments.

What is the lowest price for a Cheap Two Bedroom Madisonville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madisonville is starting from $750 at Starr Mountain Apartments.

What is the most affordable Madisonville Three Bedroom Apartment?

The best deal on a cheap Madisonville Three Bedroom Apartment rental is at Peaks of Loudon and starts from $944.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.