Cheap Apartments for Rent in Madelia, MN from $400 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
Southview Apartments
1 to 2 Bedroom Apartments

Southview Apartments

200 10th Ave SEFairfax, MN 55332
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 103 Lincoln St

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

2 Bedroom, 1 Bath Condo for Rent

Available Now

103 Lincoln St

MankatoMN56001
close
View Me
Knollcrest
2 Bedroom Apartments

Knollcrest

120-122 Knollcrest DrMankato, MN 56001
  • Utilities Included
close
View Me
501 4th St
2 to 3 Bedroom Apartments

501 4th St

501 4th StCourtland, MN 56021
  • Utilities Included
close
View Me
Rita Road
2 Bedroom Apartments

Rita Road

188-192 Rita RdMankato, MN 56001
Student Housing

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.

Madelia, MN Local Guide

Cheapest Available Madelia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madelia, MN is a 1 Bed unit found at Lewis Lofts in the University neighborhood priced from $451. Meadow Bloom Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $607. Here is today’s list of the most affordable Madelia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lewis Lofts1a1t1BR,1BA$451
Meadow Bloom Apartments2 Bedroom2BR,1BA$607
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$701
Eytcheson Estates Welcome1 Bedroom2BR,1BA$701
1212 Heckman CtStudioStudio,1BA$750
Highland Hills ApartmentsElm Tree Court1BR,1BA$800
442 Belgrade AveOne Bedroom1BR,1BA$835
Village Place ApartmentsStudioStudio,1BA$835
Hartshorn Manor1 Bed, 1 bath1BR,1BA$840

Best Value Apartments for Rent in Madelia, MN and Nearby

As of January 22, 2026 the best value apartment in the Madelia area is the $1.16 price per square foot Three Bedroom One Half Bathroom Model at Sibley Village Townhomes in the in the University neighborhood starting from $1,795. The second greatest value Madelia apartment is the Two Bedroom Model at 219 6th St SW starting at $1,050 with a $1.10 price per square foot . Here is today’s list of the best values for Madelia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sibley Village TownhomesThree Bedroom One Half Bathroom3BR,1.5BA$1.16
219 6th St SWTwo Bedroom2BR,2BA$1.10
442 Belgrade AveOne Bedroom1BR,1BA$0.92
1212 Heckman CtStudioStudio ,1BA$0.83
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92
Hartshorn Manor1 Bed, 1 bath1BR,1BA$1.12
211 6th St SW, Unit 1211 6th St SW2BR,1BA$1.12
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Eytcheson Estates Welcome1 Bedroom2BR,1BA$0.93
Lewis Lofts1a1t1BR,1BA$0.73

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

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 Madelia, MN Rentals by Map

View Map
Madelia, MN Apartments Map
View Map
Madelia, MN Rental Homes Map

Frequently Asked Questions about Cheap Madelia Apartments

What is the Cheapest Studio apartment in Madelia?

Currently the most affordable Cheap Studio Apartment in Madelia is at 1212 Heckman Ct listed at $750.

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

The lowest price for a Cheap One Bedroom Madelia Apartment is $451 at Lewis Lofts.

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

Today's best deal for a Cheap Two Bedroom Apartment in Madelia is starting from $607 at Meadow Bloom Apartments.

What is the most affordable Madelia Three Bedroom Apartment?

The best deal on a cheap Madelia Three Bedroom Apartment rental is at Highland Hills Apartments and starts from $885.

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.