
Cheap Homes for Rent in Madison, AL from $800 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.


116 Michael Ave

28467 Schrimsher Rd

210 Waters Edge Ln

111 Westscott Dr

104 Westscott Dr

138 Cresent Circle
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.

222 Waters Edge Ln

262 Waters Edge Ln

349 Waters Edge Ln

364 Oakland Rd

13333 Dickens Ln

243 Waters Edge Ln

25042 Numbers Wy
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.

104 Woodlawn Dr

127 Stone Meadow Ln

107 Briargate Ln

341 Waters Edge Ln

13001 Virginia Ct

14892 Smith Dr

171 Waters Edge Ln
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.
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 | $1,280 | $850 | $1,700 |
| Madison 3 Bedroom Homes for Rent | $1,894 | $1,250 | $3,500 |
| Madison 4 Bedroom Homes for Rent | $2,285 | $1,675 | $4,500 |
| Madison 5 Bedroom Homes for Rent | $2,564 | $2,195 | $3,170 |
Browse Top Homes for Rent in Madison
Explore Madison
Madison, AL Local Guide
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Cheapest Neighborhoods for Apartments in Madison, AL
Pricing Updated: 02/21/2026Current 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 |
|---|---|---|---|
| N Outer Madison Airport | $2,670 | $849 | 395 |
Cheapest Available Madison Apartments for Rent
 The cheapest available apartment rental in Madison, AL is a Studio unit found at Highland Pointe in the N Outer Madison Airport neighborhood priced from $849. The Landing at Edgewater in the Edgewater neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Pointe | Studio | Studio,1BA | $849 |
| The Landing at Edgewater | Small | 1BR,1BA | $850 |
| Weston Ranch | Colorado | 1BR,1BA | $852 |
| The Reserve at Research Park | Reserve Studio | Studio,1BA | $861 |
| Limestone Creek Apartment Homes | One Bedroom | 1BR,1BA | $864 |
Best Value Apartments for Rent in Madison, AL
As of February 22, 2026 the best value apartment in the Madison area is the $0.99 price per square foot Denton Model at The Collection Madison Farms in the starting from $1,800. The second greatest value Madison apartment is the 3 Bed 2 Bath w Deck Model at Madison Park starting at $1,510 with a $1.09 price per square foot in the University Research Park neighborhood. 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. |
|---|---|---|---|
| The Collection Madison Farms | Denton | 3BR,2.5BA | $0.99 |
| Madison Park | 3 Bed 2 Bath w Deck | 3BR,2BA | $1.09 |
| Ashbury Woods | 3 Bedroom Traditional | 3BR,2BA | $0.95 |
| Eagle's Landing Apartments | 3 Bedroom Garden | 3BR,2BA | $1.05 |
| 140 on Royal | 3x2 | 3BR,2BA | $1.09 |
| Belle Mor Luxury Apartments | 1 Deluxe | 1BR,1BA | $0.96 |
| Lakeshore Crossing Apartments | Two Bedroom | 2BR,2BA | $0.96 |
| Madison Heights | 2 Bedroom Special | 2BR,1BA | $1.05 |
| The Bridges in Research Park | 1 x 1 | 1BR,1BA | $1.08 |
| Revere at River Landing | 1 Bedroom Craftsman Premier | 1BR,1BA | $1.07 |
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 ArticleThe 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.
Read ArticleCash 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.
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.
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 108 Apartments for Rent in Madison, AL with pricing that ranges from $795 to $4,890. There are also 266 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $850 to $4,500.
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 $4,500 with an average monthly rent of $1,949.
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 $1,199 to $4,890, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,675 and Four Bedroom Apartments start at $1,352.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.