
Cheap Apartments for Rent in Madelia, MN from $500 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in Madelia.


219 6th St SW

501 W 1st St S

Eytcheson Estates Welcome

Eytcheson Estates Sherburn

1212 Heckman Ct

442 Belgrade Ave

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Highland Hills Apartments

Glenwood Terrace

Village Place Apartments of Mankato
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.

Valley View Apartments

Cherry Ridge Apartments

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Village Court Apartments

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The Grove at Mankato

Highland Apartments

Commerce Apartments

Huntington Hills Apartments & Townhomes

Sleepy Eye Apartments Homes

Wolverine Meadows

Gray Hawk Apartments
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.

Southwood Flats

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Hoover Estates

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Woodside Apartments

Cherry Square

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The Edge Apartments

520 6th St

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Augusta Park Estates

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River Bluff Apartments

Riverfront Court

Village Place Flats
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Skyway Properties LLC

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The Alma

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RoK Lofts

Traverse Green

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Legacy Park Estates

Dublin Road Townhomes

The Forde

Capital Lofts

Cedar Meadow Apartments

Cardinal Creek Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Sunrise Manor

Lewis Lofts

Southview Apartments

Meadow Bloom Apartments

Pheasant Run Apartments

Blue Ridge Apartments & Townhomes

522 6th St Apartments

St. James Apartments

Windom Landing

Knollcrest
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.
Madelia, MN Local Guide

How much does it cost to rent an apartment in Madelia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madelia Studio Apartments | $990 | $750 | $1,315 |
| Madelia 1 Bedroom Apartments | $1,238 | $665 | $2,155 |
| Madelia 2 Bedroom Apartments | $1,338 | $695 | $2,025 |
| Madelia 3 Bedroom Apartments | $1,576 | $1,200 | $2,150 |
| Madelia 4 Bedroom Apartments | $1,880 | $1,780 | $1,980 |
Browse Top Apartments in Madelia
See all Apartments in MadeliaExplore Madelia
Madelia, MN Local Guide
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Cheapest Available Madelia Apartments for Rent and Nearby
 The cheapest available apartment rental in Madelia, MN is a 2 Beds unit found at 501 W 1st St S priced from $600. Eytcheson Estates Sherburn has the second lowest priced unit, which is a 2 Beds apartment currently listed from $701. Here is today’s list of the most affordable Madelia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 501 W 1st St S | 2 BED/1 BATH | 2BR,1BA | $600 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $701 |
| 1212 Heckman Ct | Studio | Studio,1BA | $750 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $840 |
| Lewis Lofts | 1a1t | 1BR,1BA | $855 |
| St. James Apartments | One Bedroom | 1BR,1BA | $900 |
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
| Windom Landing | 4 Bedroom - Upper Level | 4BR,2BA | $975 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $995 |
Best Value Apartments for Rent in Madelia, MN and Nearby
As of July 23, 2026 the best value apartment in the Madelia area is the $1.20 price per square foot 3 Bedroom 1.5 Bath Market Model at Dublin Road Townhomes in the in the City Center Mankato neighborhood starting from $1,525. The second greatest value Madelia apartment is the 2 Bedroom - Lower Level ADA Model at Windom Landing starting at $975 with a $0.89 price per square foot . Here is today’s list of the best values for Madelia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.20 |
| Windom Landing | 2 Bedroom - Lower Level ADA | 2BR,2BA | $0.89 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.12 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
| 501 W 1st St S | 1 BED/1 BATH | 1BR,1BA | $0.84 |
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
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madelia, MN Rentals by Map
See the most popular apartments and homes in Madelia, MN
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 $600 at 501 W 1st St S.
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 $600 at 501 W 1st St S.
What is the most affordable Madelia Three Bedroom Apartment?
The best deal on a cheap Madelia Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,299.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.