Cheap Apartments for Rent in Madison, AR from $600 (56 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
Student Housing
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Chapel Place Homes
3 to 4 Bedroom Apartments

Chapel Place Homes

5228 Whistling Duck DrMemphis, TN 38109
Showing Results 1-50, Page 1 of 2

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
The Lexington1 Bed 1 Bath Classic1BR,1BA$750
Barton Court Apartments2 Bed2BR,1BA$800
Greenways at MarionThe Mulligan1BR,1BA$840
The Crossings at Tunica1x1 Classic1BR,1BA$849
Bent Creek Apartments2 Bedroom2BR,1BA$850
Indigo at 611 Bedroom 1 Bath1BR,1BA$875
Riverchase Apartments2x2 R2BR,2BA$885
Printer's Alley LoftsPAL-A21BR,1BA$900

Best Value Apartments for Rent in Madison, AR and Nearby

As of November 13, 2025 the best value apartment in the Madison area is the $0.94 price per square foot Ranch Model at Jackson Heights Residential in the starting from $1,150. The second greatest value Madison apartment is the 2 Bedroom Model at The Trace at 161 starting at $1,245 with a $1.08 price per square foot in the McKeller 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.
Jackson Heights ResidentialRanch4BR,2BA$0.94
The Trace at 1612 Bedroom2BR,2BA$1.08
The Waverly ApartmentsThe Rosebud (Classic)2BR,2BA$1.18
Barton Court Apartments2 Bed2BR,1BA$0.76
Riverchase Apartments2x2L P2BR,2BA$1.04
Chapel Ridge2x2 Platinum2BR,2BA$1.12
Bent Creek Apartments2 Bedroom2BR,1BA$0.94
Weatherstone Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.15
Indigo at 61Renovated 1 Bedroom 1 Bath1BR,1BA$1.24
Weaver Fields Apartments1 Bed, 1 bath1BR,1BA$0.94

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Frequently Asked Questions about Cheap Madison Apartments

What is the Cheapest Studio apartment in Madison?

Currently the most affordable Cheap Studio Apartment in Madison is at South Junction Apartments listed at $999.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.