Cheap Apartments for Rent in Madison, AL from $600 (89 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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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 Gabriel
Rent Specials
$1,275 - $1,815
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $1,815
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Gabriel

1542 Balch RdMadison, AL 35757
Affordability
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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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The Alexandria
1 to 3 Bedroom Apartments

The Alexandria

1028 Balch RdMadison, AL 35758
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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

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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Madison, AL Local Guide

Cheapest Neighborhoods for Apartments in Madison, AL

Pricing Updated: 04/29/2026

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$1,974$1,1099
N Outer Madison Airport$2,657$849404

Cheapest Available Madison Apartments for Rent

 

The cheapest available apartment rental in Madison, AL is a 1 Bed unit found at Hawthorne at the Ridge in the Outer Redstone Arsenal neighborhood priced from $732. Highland Pointe in the N Outer Madison Airport neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hawthorne at the RidgeBrindley1BR,1BA$732
Highland PointeStudioStudio,1BA$849
Belmont Hill Apartments1BR1B- RenBelmont Hill Apartments1BR,1BA$850
The Landing at EdgewaterSmall1BR,1BA$850
Vetra at Research ParkVetra Research Park StudioStudio,1BA$861
The AlexandriaA11BR,1BA$890
1010 EllistonStudio LargeStudio,1BA$899
Aurora ApartmentsOne Bedroom1BR,1BA$911
Somerset at Madison1 Bedroom Luxury Terrace1BR,1BA$914
Main Street ApartmentsOne Bedroom1BR,1BA$920

Best Value Apartments for Rent in Madison, AL

As of April 29, 2026 the best value apartment in the Madison area is the $1.01 price per square foot Apollo Model at The Palladian at Promenade in the in the N Outer Madison Airport neighborhood starting from $2,020. The second greatest value Madison apartment is the Anson Model at The Collection Madison Farms starting at $1,845 with a $1.01 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$1.01
The Collection Madison FarmsAnson3BR,2.5BA$1.01
Belle Mor Luxury Apartments2 Deluxe2BR,2BA$0.86
Ashbury Woods3 Bedroom Traditional3BR,2BA$1.01
Magnolia Pointe at MadisonBliss - Newly Renovated3BR,2BA$1.01
18 Watercress GreenThe Craftsman3BR,2BA$0.95
Eagle's Landing Apartments3 Bedroom Garden3BR,2BA$1.05
Hawthorne at the RidgeMonte Sano3BR,2BA$0.99
Revere at River Landing2 Bedroom Craftsman Premier2BR,2BA$1.05
Lakeshore Crossing ApartmentsTwo Bedroom2BR,2BA$0.96

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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
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!

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 $732 at Hawthorne at the Ridge.

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 MAA Providence Main and starts from $1,148.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.