
Cheap Homes for Rent near Fort Madison, IA from $325 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Fort Madison.


1537 Wilkes Ave

341 N Lafayette St

30 Village Ct

410 N Monroe St

201-220 Charleston Blvd

201 Charleston Blvd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1417 1/2 S 12th St, Unit Cottage House

322 S Madison St

418 N Main St

1620 Johnson St

722 Concert St

1000 Lakewood Dr

400 S Central Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Fort Madison, IA Local Guide

How much does it cost to rent a home in Fort Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fort Madison 2 Bedroom Homes for Rent | $1,043 | $325 | $1,800 |
| Fort Madison 3 Bedroom Homes for Rent | $1,019 | $385 | $1,300 |
| Fort Madison 4 Bedroom Homes for Rent | $1,350 | $1,350 | $1,350 |
| Fort Madison 5 Bedroom Homes for Rent | $5,800 | $5,800 | $5,800 |
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Fort Madison, IA Local Guide
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Cheapest Neighborhoods for Apartments in Fort Madison, IA
Pricing Updated: 08/23/2026Current apartment rentals in the Fort Madison, IA area range in price from $700 to $1,075 with an overall median price of $875. Here is today’s list neighborhoods with the lowest median pricing for Fort Madison Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Pershing Place | $875 | $700 | 9 |
Cheapest Available Fort Madison Apartments for Rent and Nearby
 The cheapest available apartment rental in Fort Madison, IA is a 2 Beds unit found at Cedar Creek Crossing Apartments priced from $267. Macomb Rentals has the second lowest priced unit, which is a Studio apartment currently listed from $390. Here is today’s list of the most affordable Fort Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedar Creek Crossing Apartments | 2 Bed 2 Bath | 2BR,2BA | $267 |
| Macomb Rentals | Studio, 1 bath | Studio,1BA | $390 |
| Smith and Royer Apartments | 1 Bedroom Side Apartment | 1BR,1BA | $650 |
| PARKWAY ESTATES | 1 Bedroom 1 Bath | 1BR,1BA | $690 |
| Caspian Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in Fort Madison, IA and Nearby
As of August 24, 2026 the best value apartment in the Fort Madison area is the $0.76 price per square foot 2 Bedroom Model at Nemitz Hall in the in the Threshers Meadows neighborhood starting from $1,095. The second greatest value Fort Madison apartment is the 3 BR / 2 BA Model at Creekside Park starting at $1,029 with a $0.85 price per square foot . Here is today’s list of the best values for Fort Madison apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nemitz Hall | 2 Bedroom | 2BR,2BA | $0.76 |
| Creekside Park | 3 BR / 2 BA | 3BR,2BA | $0.85 |
| 415 Avenue E, Unit Unit3 | 415 Avenue E | 2BR,1BA | $0.73 |
| Blaul Lofts | Blaul Lofts - 309 | 2BR,1BA | $1.00 |
| Cedar Creek Crossing Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.28 |
| Westland Village | 2x1 | 2BR,1BA | $0.89 |
| Hawthorne Townhomes | 2 Bedrooms 2 Bath | 2BR,1.5BA | $0.91 |
| 628 Avenue F, Unit C | 628 Avenue F | 2BR,1BA | $0.83 |
| Alice Place West Burlington | 2-Bedroom | 2BR,1BA | $0.97 |
| PARKWAY ESTATES | 1 Bedroom 1 Bath | 1BR,1BA | $0.95 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Best Local Schools in Fort Madison, IA
Lincoln Elementary School
Fort Madison High School
Fort Madison Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Fort Madison, IA
Frequently Asked Questions about Fort Madison
What type of rentals are currently available in Fort Madison?
There are currently 52 Apartments for Rent in Fort Madison, IA with pricing that ranges from $390 to $5,600. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fort Madison ranging from $325 to $5,800.
What is the current price range for Rental Homes in Fort Madison?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fort Madison ranges from $325 to $5,800 with an average monthly rent of $1,252.
How much are larger Three and Four Bedroom Rentals in Fort Madison?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fort Madison range from $870 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $385 to $1,300. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $600.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.