
Cheap Apartments for Rent in New Madrid, MO from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in New Madrid.


Capri

Jackson House

2820 Themis St

Whitten Creek Apartments

118 Willow Ln

Carriage House Apartments

Lone Oak Villas

402 Parrish St
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.

310 S Benton St

591 State Hwy D

473 S Thornton Ave

915 W Almar St

405 Albert St

298 Broadway St
New Madrid, MO Local Guide

How much does it cost to rent an apartment in New Madrid?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Madrid Studio Apartments | $860 | $693 | $948 |
New Madrid 1 Bedroom Apartments | $764 | $595 | $3,200 |
New Madrid 2 Bedroom Apartments | $711 | $371 | $3,600 |
New Madrid 3 Bedroom Apartments | $857 | $344 | $2,450 |
New Madrid 4 Bedroom Apartments | $1,275 | $1,200 | $1,350 |
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New Madrid, MO Local Guide
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Cheapest Available New Madrid Apartments for Rent and Nearby
 The cheapest available apartment rental in New Madrid, MO is a 3 Beds unit found at The District at Cape priced from $344. Capri has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable New Madrid apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The District at Cape | RedHawk | 3BR,1BA | $344 |
Capri | Copper | 1BR,1BA | $595 |
Silverwood | Standard | 1BR,1BA | $640 |
Jackson House | 1 Bedroom - Jackson House | 1BR,1BA | $781 |
Carriage House Apartments | Top Floor "Vaulted" 1 Bed 1 Bath | 1BR,1BA | $795 |
Best Value Apartments for Rent in New Madrid, MO and Nearby
As of April 25, 2025 the best value apartment in the New Madrid area is the $1.08 price per square foot The Nest Model at The Nest in the starting from $1,200. The second greatest value New Madrid apartment is the Three Bedroom Two Bathroom Model at Chapel Ridge of Ripley starting at $1,171 with a $1.08 price per square foot . Here is today’s list of the best values for New Madrid apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Nest | The Nest | 4BR,4BA | $1.08 |
Chapel Ridge of Ripley | Three Bedroom Two Bathroom | 3BR,2BA | $1.08 |
Westcreek Villas | Regent | 2BR,2BA | $1.24 |
Milan Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.21 |
Carriage House Apartments | Top Floor "Vaulted" 1 Bed 1 Bath | 1BR,1BA | $1.22 |
The District at Cape | Chestnut UPG | 1BR,1BA | $1.26 |
Lone Oak Villas | Premium Townhouse | 2BR,1BA | $1.29 |
Silverwood | Custom | 1BR,1BA | $1.23 |
Hawks Landing | One Bedroom | 1BR,1BA | $1.55 |
Capri | Copper | 1BR,1BA | $1.65 |
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Best Local Schools in New Madrid, MO
New Madrid Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around New Madrid, MO
Walk Score®
23 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
30 / 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 New Madrid Apartments
How much is rent for a Cheap One Bedroom New Madrid Apartment?
The lowest price for a Cheap One Bedroom New Madrid Apartment is $595 at Capri.
What is the lowest price for a Cheap Two Bedroom New Madrid Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Madrid is starting from $371 at The District at Cape.
What is the most affordable New Madrid Three Bedroom Apartment?
The best deal on a cheap New Madrid Three Bedroom Apartment rental is at The District at Cape and starts from $344.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.

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.