Cheap Homes for Rent in Madison, AL from $1,000 (61 Rentals)

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property at 102 Jodi Dr

102 Jodi Dr

MadisonAL35758

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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property at 104 Filbert Wy

104 Filbert Wy

MadisonAL35756

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: 06/12/2025

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$1,774$98915
N Outer Madison Airport$2,595$942360

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. Main Street Apartments in the University Research Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. 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
Main Street ApartmentsOne Bedroom1BR,1BA$865
Hawthorne at the RidgeBrindley1BR,1BA$877
Madison Station Apartment Homes1 BR / 1 BA1BR,1BA$885
Elements of Madison ApartmentsA1A - Renovated1BR,1BA$896
Somerset at MadisonStudio Premier Terrace1BR,1BA$925
Charleston Oaks ApartmentsCherry Blossom1BR,1BA$933
Bridge Pointe ApartmentsMaple1BR,1BA$946
Arch StreetA11BR,1BA$972
Belmont Hill Apartments1BR1B- RenBelmont Hill Apartments1BR,1BA$975

Best Value Apartments for Rent in Madison, AL

As of June 12, 2025 the best value apartment in the Madison area is the $1.04 price per square foot Fairmont A - Fairmont A Model at Hidden River Townhomes in the in the Triana neighborhood starting from $1,774. The second greatest value Madison apartment is the 3X2.5 Townhome Model at Madison Pines Apartment Homes starting at $1,315 with a $1.03 price per square foot in the Indian Creek 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.
Hidden River TownhomesFairmont A - Fairmont A3BR,2.5BA$1.04
Madison Pines Apartment Homes3X2.5 Townhome3BR,2.5BA$1.03
140 on Royal3x23BR,2BA$1.09
Eagle's Landing Apartments2 Bedroom Garden2BR,2BA$1.06
Belle Mor Luxury Apartments1 Deluxe1BR,1BA$0.93
The Bridges in Research Park2 x 22BR,2BA$0.98
Ashbury Woods2 Bedroom Craftsman2BR,2BA$1.04
The Landing at Edgewater2-bedroom/2-bath Renovated w/flex space2BR,2BA$1.10
MAA Edgewater22A2BR,2BA$1.02
Main Street ApartmentsOne Bedroom1BR,1BA$1.10

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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Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 111 Apartments for Rent in Madison, AL with pricing that ranges from $800 to $6,497. There are also 277 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $1,030 to $5,000.

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 $1,030 to $5,000 with an average monthly rent of $1,964.

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 $1,050 to $5,716, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $4,750. Four Bedroom Single-Family rentals are also available starting from $1,695 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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.