
Cheap Homes for Rent in Madison, AL from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.


144 Angela Dr

116 Michael Ave

165 Waters Edge Ln

110 Westscott Dr

149 Angela Dr
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.

192 Waters Edge Ln

351 Waters Edge Ln

262 Waters Edge Ln

105 Browns Ridge Ln

106 Cresent Circle

25267 Everblake Dr
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.
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 | $1,396 | $850 | $2,395 |
| Madison 3 Bedroom Homes for Rent | $1,991 | $1,450 | $3,400 |
| Madison 4 Bedroom Homes for Rent | $2,255 | $1,706 | $3,500 |
| Madison 5 Bedroom Homes for Rent | $3,180 | $2,295 | $5,200 |
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: 07/07/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Triana | $1,899 | $875 | 22 |
| N Outer Madison Airport | $2,620 | $899 | 378 |
Cheapest Available Madison Apartments for Rent
 The cheapest available apartment rental in Madison, AL is a Studio unit found at Vetra at Research Park in the University Research Park neighborhood priced from $799. Limestone Creek Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vetra at Research Park | Vetra Research Park Studio | Studio,1BA | $799 |
| Limestone Creek Apartment Homes | One Bedroom | 1BR,1BA | $839 |
| The Landing at Edgewater | Small | 1BR,1BA | $850 |
| Elements of Madison Apartments | A1B - Renovated | 1BR,1BA | $876 |
| MAA Edgewater | 11B | 1BR,1BA | $878 |
Best Value Apartments for Rent in Madison, AL
As of July 07, 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 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 Madison Farms | Anson | 3BR,2.5BA | $0.99 |
| Belle Mor Luxury Apartments | 3 Deluxe | 3BR,2BA | $0.86 |
| Magnolia Pointe at Madison | Retreat - Classic | 4BR,2.5BA | $1.07 |
| Ashbury Woods | 3 Bedroom Traditional | 3BR,2BA | $0.99 |
| The Bridges in Research Park | 2 x 2 | 2BR,2BA | $0.98 |
| Hawthorne at the Ridge | Capshaw | 2BR,2BA | $0.90 |
| Lakeshore Crossing Apartments | Two Bedroom | 2BR,2BA | $0.96 |
| 137 Angela Dr, Unit B | 137 Angela Dr | 2BR,1BA | $0.97 |
| MAA Edgewater | 11B | 1BR,1BA | $1.03 |
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
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.
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!
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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 $799 to $8,124. There are also 202 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $850 to $5,200.
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 $5,200 with an average monthly rent of $2,205.
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 $1,126 to $8,124, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,706 and Four Bedroom Apartments start at $1,564.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.