Cheap Apartments for Rent in Madison, AR from $600 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in Madison.

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Indian Hills
1 to 3 Bedroom Apartments

Indian Hills

1731 Indian Hills RdForrest City, AR 72335
  • Utilities Included
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New Frontier
Studio to 2 Bedroom Apartments

New Frontier

115 S 20th StWest Memphis, AR 72301
  • Utilities Included
property at 318 Gannt St

318 Gannt St

MarionAR72364

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Madison, AR Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, AR is a 2 Beds unit found at Vantage Point Apartments - Carriage House priced from $650. Weaver Fields Apartments in the South Memphis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vantage Point Apartments - Carriage HouseVantage Point2BR,2BA$650
Weaver Fields Apartments1 Bed, 1 bath1BR,1BA$725
Chapel Ridge1X1 Mkt1BR,1BA$775
Bent Creek Apartments2 Bedroom2BR,1BA$850
Riverchase Apartments2x22BR,2BA$860
The Crossings at Tunica2x2 Classic2BR,2BA$949
The Lexington1 Bed 1 Bath Renovated1BR,1BA$950
Indigo at 61Renovated 1 Bedroom 1 Bath2BR,2BA$999
South Junction ApartmentsThe EdgeStudio,1BA$999
Lakeside VintageRenovated 1 Bedroom 1 Bath1BR,1BA$1,050

Best Value Apartments for Rent in Madison, AR and Nearby

As of September 12, 2025 the best value apartment in the Madison area is the $0.88 price per square foot 3BR Model at Chapel Place Homes in the in the South Memphis neighborhood starting from $1,163. The second greatest value Madison apartment is the Ranch Model at Jackson Heights Residential starting at $1,150 with a $0.94 price per square foot . 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.
Chapel Place Homes3BR3BR,2.5BA$0.88
Jackson Heights ResidentialRanch4BR,2BA$0.94
Greenways at Marion North and SouthThe Eagle (Renovated)2BR,2BA$1.37
Riverchase Apartments2x2L2BR,2BA$1.01
Bent Creek Apartments2 Bedroom2BR,1BA$0.94
Weatherstone Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.29
Indigo at 61Renovated 1 Bedroom 1 Bath1BR,1BA$1.24
Weaver Fields Apartments1 Bed, 1 bath1BR,1BA$0.94
The Lexington1 Bed 1 Bath Renovated1BR,1BA$1.36
Chapel Ridge1X1 Mkt1BR,1BA$1.15

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Location, Location, Location!

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Frequently Asked Questions about Cheap Madison Apartments

How much is rent for a Cheap One Bedroom Madison Apartment?

The lowest price for a Cheap One Bedroom Madison Apartment is $650 at Vantage Point Apartments - Carriage House.

What is the lowest price for a Cheap Two Bedroom Madison Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madison is starting from $650 at Vantage Point Apartments - Carriage House.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Vantage Point Apartments - Carriage House and starts from $895.

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.