Cheap Apartments for Rent in Madison, AL from $600 (84 Rentals)

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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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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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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.

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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.

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Arlington Park
1 to 3 Bedroom Apartments

Arlington Park

135 Royal DrMadison, AL 35758
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The Sutton
1 to 3 Bedroom Apartments

The Sutton

190 Shelton RdMadison, AL 35758
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Aurora Apartments
1 to 3 Bedroom Apartments

Aurora Apartments

5550 Promenade Point PkyMadison, AL 35758

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Madison, AL Local Guide

Cheapest Neighborhoods for Apartments in Madison, AL

Pricing Updated: 01/29/2026

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$1,549$1,0099
N Outer Madison Airport$2,657$849405

Cheapest Available Madison Apartments for Rent

 

The cheapest available apartment rental in Madison, AL is a Studio unit found at Highland Pointe in the N Outer Madison Airport neighborhood priced from $849. 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
Highland PointeStudioStudio,1BA$849
The Landing at EdgewaterSmall1BR,1BA$850
The Reserve at Research ParkReserve StudioStudio,1BA$861
Hawthorne at the RidgeBrindley1BR,1BA$894
Belmont Hill Apartments1BR1B- RenBelmont Hill Apartments1BR,1BA$899
Madison Station Apartment Homes1 BR / 1 BA1BR,1BA$900
Madison Landing at Research Park and the CottagesAnsley1BR,1BA$927
Elements of Madison ApartmentsA1B - Renovated1BR,1BA$931
MAA Edgewater11B1BR,1BA$933
Main Street ApartmentsOne Bedroom1BR,1BA$945

Best Value Apartments for Rent in Madison, AL

As of January 29, 2026 the best value apartment in the Madison area is the $0.99 price per square foot Denton Model at The Collection Madison Farms in the starting from $1,800. The second greatest value Madison apartment is the 3x2a Model at Solstice Apartments starting at $1,805 with a $1.06 price per square foot in the N Outer Madison Airport neighborhood. 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 Collection Madison FarmsDenton3BR,2.5BA$0.99
Solstice Apartments3x2a3BR,2BA$1.06
The Grand Reserve at Madison2X2-R2BR,2BA$1.09
Ashbury Woods3 Bedroom Traditional3BR,2BA$0.96
Eagle's Landing Apartments3 Bedroom Garden3BR,2BA$1.05
140 on Royal3x23BR,2BA$1.09
18 Watercress GreenThe Classic2BR,2BA$1.09
Belle Mor Luxury Apartments1 Deluxe1BR,1BA$0.95
Lakeshore Crossing ApartmentsTwo Bedroom2BR,2BA$0.96
Madison Heights2 Bedroom Special2BR,1BA$1.05

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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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.

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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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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.

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Madison, AL

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Remember the 3 Rules of Real Estate:
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Explore Madison, AL Rentals by Map

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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 Highland Pointe listed at $849.

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

The lowest price for a Cheap One Bedroom Madison Apartment is $850 at The Landing at Edgewater.

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 $950 at Belmont Hill Apartments.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Aurora Apartments and starts from $1,186.

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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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.

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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.

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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.

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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.