Cheap Homes for Rent in Madison, AL from $800 (16 Rentals)

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Madison, AL Local Guide

Cheapest Neighborhoods for Apartments in Madison, AL

Pricing Updated: 09/13/2025

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$1,0099
N Outer Madison Airport$2,595$849242

Cheapest Available Madison Apartments for Rent

 

The cheapest available apartment rental in Madison, AL is a Studio unit found at The Reserve at Research Park in the University Research Park neighborhood priced from $800. 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
The Reserve at Research ParkReserve StudioStudio,1BA$800
Highland PointeStudioStudio,1BA$849
Madison Station Apartment Homes1 BR / 1 BA1BR,1BA$850
Limestone Creek Apartment HomesOne Bedroom1BR,1BA$866
Windscape HomesArubaStudio,1BA$875

Best Value Apartments for Rent in Madison, AL

As of September 13, 2025 the best value apartment in the Madison area is the $0.84 price per square foot C1 Model at The Alexandria in the in the N Outer Madison Airport neighborhood starting from $1,140. The second greatest value Madison apartment is the Bliss - Newly Renovated Model at Magnolia Pointe at Madison starting at $1,460 with a $1.09 price per square foot in the Outer Redstone Arsenal 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 AlexandriaC13BR,2BA$0.84
Magnolia Pointe at MadisonBliss - Newly Renovated3BR,2BA$1.09
Lakeshore Crossing ApartmentsThree Bedroom3BR,2BA$1.03
Eagle's Landing Apartments2 Bedroom Garden2BR,2BA$1.06
The Landing at Edgewater2-bedroom/2-bath Renovated w/flex space2BR,2BA$1.05
Bridge Pointe ApartmentsWillow2BR,2BA$0.89
140 on Royal2x22BR,2BA$1.08
Madison Heights2 Bedroom Special2BR,1BA$1.05
Ashbury Woods1 Bedroom Executive1BR,1BA$1.06
Revere at River Landing1 Bedroom Craftsman Premier1BR,1BA$1.07

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Madison, AL

Ranked #8

Among cities in Alabama for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 106 Apartments for Rent in Madison, AL with pricing that ranges from $795 to $6,545. There are also 151 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $800 to $3,300.

What is the current price range for Rental Homes in Madison?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison ranges from $800 to $3,300 with an average monthly rent of $1,784.

How much are larger Three and Four Bedroom Rentals in Madison?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison range from $1,137 to $6,545, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,699 and Four Bedroom Apartments start at $1,385.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.