Cheap Apartments for Rent in Madison, AL from $600 (100 Rentals)

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

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.

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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.

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140 on Royal
Rent Specials
$1,100 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,300
Total Monthly Price
$1,100 - $1,300
2 to 3 Bedroom Apartments Available Now

140 on Royal

140 Royal DrMadison, AL 35758
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Dempsey Apartments
$1,108 - $2,494
Total Monthly Price

Total Monthly Price

Base Rent
$1,108 - $2,494
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Dempsey Apartments

375 Lime Quarry RdMadison, AL 35758
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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The Gabriel
$1,275 - $1,920
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,920
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Gabriel

1542 Balch RdMadison, AL 35757
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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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.

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Showing Results 1-50, Page 1 of 2

Madison, AL Local Guide

Cheapest Neighborhoods for Apartments in Madison, AL

Pricing Updated: 06/14/2026

Current apartment rentals in the Madison, AL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Madison Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Triana$1,974$1,14913
N Outer Madison Airport$2,632$899409

Cheapest Available Madison Apartments for Rent

 

The cheapest available apartment rental in Madison, AL is a 1 Bed unit found at Limestone Creek Apartment Homes priced from $832. The Landing at Edgewater in the Outer Redstone Arsenal neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Limestone Creek Apartment HomesOne Bedroom1BR,1BA$832
The Landing at EdgewaterSmall1BR,1BA$850
Vetra at Research ParkVetra Research Park StudioStudio,1BA$861
Ashbury Woods1 Bedroom Executive1BR,1BA$879
Aurora ApartmentsOne Bedroom1BR,1BA$892
Windscape HomesArubaStudio,1BA$895
MAA Edgewater11B1BR,1BA$898
Belmont Hill Apartments1BR1B- RenBelmont Hill Apartments1BR,1BA$899
1010 EllistonStudio LargeStudio,1BA$899
Charleston Oaks ApartmentsCherry Blossom1BR,1BA$912

Best Value Apartments for Rent in Madison, AL

As of June 14, 2026 the best value apartment in the Madison area is the $0.92 price per square foot Apollo Model at The Palladian at Promenade in the in the N Outer Madison Airport neighborhood starting from $1,840. The second greatest value Madison apartment is the Anson Model at The Collection Madison Farms starting at $1,820 with a $0.99 price per square foot . Here is today’s list of the best values for Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Palladian at PromenadeApollo3BR,2.5BA$0.92
The Collection Madison FarmsAnson3BR,2.5BA$0.99
Belle Mor Luxury Apartments3 Bedroom3BR,2BA$0.87
Ashbury Woods3 Bedroom Traditional3BR,2BA$0.99
Madison Pines Apartment Homes3X2.5 Townhome3BR,2.5BA$1.03
140 on Royal3x23BR,2BA$1.09
MAA Edgewater22B2BR,2BA$1.06
Hawthorne at the RidgeCapshaw2BR,2BA$0.91
Lakeshore Crossing ApartmentsTwo Bedroom2BR,2BA$0.96
The Bridges in Research Park1 x 11BR,1BA$1.08

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.

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Real 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.

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Madison, AL
Population: 50,440

Ranked #773

in US Census Population by City

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Best Local Schools in
Madison, AL

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 Madison, AL

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Frequently Asked Questions about Cheap Madison Apartments

What is the Cheapest Studio apartment in Madison?

Currently the most affordable Cheap Studio Apartment in Madison is at Vetra at Research Park listed at $861.

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

The lowest price for a Cheap One Bedroom Madison Apartment is $832 at Limestone Creek Apartment Homes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Madison is starting from $947 at Vetra at Research Park.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Lakeshore Crossing Apartments and starts from $1,199.

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

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.