
Cheap Homes for Rent in New Madrid, MO from $300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in New Madrid.


591 State Hwy D

473 S Thornton Ave

915 W Almar St

298 Broadway 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.
New Madrid, MO Local Guide

How much does it cost to rent a home in New Madrid?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Madrid 2 Bedroom Homes for Rent | $1,042 | $399 | $1,850 |
New Madrid 3 Bedroom Homes for Rent | $1,297 | $599 | $1,800 |
New Madrid 4 Bedroom Homes for Rent | $1,732 | $1,000 | $3,500 |
New Madrid 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
New Madrid 6 Bedroom Homes for Rent | $2,215 | $1,950 | $2,595 |
Browse Top Homes for Rent in New Madrid
Explore New Madrid
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 |
Best Value Apartments for Rent in New Madrid, MO and Nearby
As of April 23, 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 Two Bedroom Two Bathroom Model at Chapel Ridge of Ripley starting at $1,016 with a $1.11 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 | Two Bedroom Two Bathroom | 2BR,1BA | $1.11 |
Milan Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.21 |
Westcreek Villas | Chipley | 1BR,1BA | $1.56 |
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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Frequently Asked Questions about New Madrid
What type of rentals are currently available in New Madrid?
There are currently 38 Apartments for Rent in New Madrid, MO with pricing that ranges from $344 to $3,600. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Madrid ranging from $399 to $3,500.
What is the current price range for Rental Homes in New Madrid?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Madrid ranges from $399 to $3,500 with an average monthly rent of $1,499.
How much are larger Three and Four Bedroom Rentals in New Madrid?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Madrid range from $344 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $599 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,200.
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.

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.

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.