
Cheap Homes for Rent in Madison, AL from $850 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.


144 Angela Dr

165 Waters Edge Ln

213 Ivyleaf Dr

397 Oakland Rd
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.

448 Oakland Rd

347 Oakland Rd

262 Waters Edge Ln

105 Browns Ridge Ln

109 Carol Dr
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.

25060 Numbers Wy
Madison, AL Local Guide

How much does it cost to rent a home in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison 2 Bedroom Homes for Rent | $1,297 | $850 | $2,200 |
| Madison 3 Bedroom Homes for Rent | $1,986 | $1,295 | $3,200 |
| Madison 4 Bedroom Homes for Rent | $2,228 | $1,000 | $3,495 |
| Madison 5 Bedroom Homes for Rent | $2,866 | $1,995 | $4,000 |
Browse Top Homes for Rent in Madison
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Madison, AL Local Guide
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Cheapest Neighborhoods for Apartments in Madison, AL
Pricing Updated: 08/21/2026Current apartment rentals in the Madison, AL area range in price from $875 to $2,695 with an overall median price of $1,495. Here is today’s list neighborhoods with the lowest median pricing for Madison Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| N Outer Madison Airport | $1,487 | $899 | 398 |
| Triana | $1,629 | $875 | 23 |
Cheapest Available Madison Apartments for Rent
 The cheapest available apartment rental in Madison, AL is a 1 Bed unit found at The Collier at Clift Farm in the N Outer Madison Airport neighborhood priced from $235. Cottages at Indian Creek in the N Outer Madison Airport neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Collier at Clift Farm | A1 | 1BR,1BA | $235 |
| Cottages at Indian Creek | 1x1 L | 1BR,1BA | $785 |
| Hawthorne at the Ridge | Brindley | 1BR,1BA | $789 |
| Vetra at Research Park | Vetra Research Park Studio | Studio,1BA | $799 |
| Shelton Park Apartments | STU-M | Studio,1BA | $829 |
Best Value Apartments for Rent in Madison, AL
As of August 21, 2026 the best value apartment in the Madison area is the $0.99 price per square foot The Oasis Model at Solstice Apartments in the in the N Outer Madison Airport neighborhood starting from $1,875. The second greatest value Madison apartment is the Anson Model at The Collection at 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Solstice Apartments | The Oasis | 3BR,2BA | $0.99 |
| The Collection at Madison Farms | Anson | 3BR,2.5BA | $0.99 |
| Belle Mor | 2 DLX | 2BR,2BA | $0.92 |
| Ashbury Woods | 2 Bedroom Craftsman | 2BR,2BA | $0.98 |
| Magnolia Pointe at Madison | Escape - Classic | 2BR,1BA | $1.00 |
| Hawthorne at the Ridge | Capshaw | 2BR,2BA | $1.03 |
| Lakeshore Crossing Apartments | Two Bedroom | 2BR,2BA | $0.96 |
| Elements of Madison Apartments | B1A - Renovated | 2BR,1BA | $1.04 |
| 137 Angela Dr, Unit B | 137 Angela Dr | 2BR,2BA | $0.94 |
| Cottages at Indian Creek | 1x1 L | 1BR,1BA | $0.90 |
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
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Madison, ALPopulation: 50,440
Ranked #773
in US Census Population by City
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
See the most popular apartments and homes in Madison, AL
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 109 Apartments for Rent in Madison, AL with pricing that ranges from $789 to $9,443. There are also 212 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $850 to $4,000.
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 $850 to $4,000 with an average monthly rent of $2,061.
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 $1,066 to $9,443, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,449.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.