
Cheap Homes for Rent in Madison, AR from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.


3682 Skylark Dr

915 Foxwood Cir

5293 Airview Rd

3740 Parrot Cove
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.

762 Harahan Rd

535 Gilleas Rd

4029 Glenbrook St

61 US-61
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.

1167 Fiber Rd

968 Leacrest Ave

3718 Skylark Dr
Madison, AR 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 | $1,100 | $1,100 | $1,100 |
Madison 3 Bedroom Homes for Rent | $1,459 | $995 | $2,200 |
Madison 4 Bedroom Homes for Rent | $1,634 | $1,195 | $1,975 |
Browse Top Homes for Rent in Madison
Explore Madison
Madison, AR Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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. New Frontier has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Madison apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Vantage Point Apartments - Carriage House | Vantage Point | 2BR,2BA | $650 |
New Frontier | Studio | Studio,1BA | $725 |
Weaver Fields Apartments | 1 Bed, 1 bath | 1BR,1BA | $725 |
Greenways at Marion North and South | The Mulligan | 1BR,1BA | $799 |
Lexington Apartments | 1 Bedroom - Classic | 1BR,1BA | $800 |
Best Value Apartments for Rent in Madison, AR and Nearby
As of May 22, 2025 the best value apartment in the Madison area is the $1.22 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,850. The second greatest value Madison apartment is the 3 Bedroom, 2 Bathroom Model at Weatherstone Apartments starting at $1,850 with a $1.25 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. |
---|---|---|---|
The Marine Residence | 2 Bedroom | 2BR,2BA | $1.22 |
Weatherstone Apartments | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.25 |
Chapel Place Homes | 3BR | 3BR,2.5BA | $0.81 |
Jackson Heights Residential | Ranch | 4BR,2BA | $0.94 |
The Crescent at 161 | Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.22 |
Meadows West Memphis | 3 bedroom/2 bath | 3BR,2BA | $0.95 |
Chapel Ridge | 2x2 Platinum | 2BR,2BA | $1.09 |
Bent Creek Apartments | 2 Bedroom | 2BR,1BA | $0.94 |
Weaver Fields Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.94 |
New Frontier | Studio | Studio ,1BA | $1.04 |
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.
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 40 Apartments for Rent in Madison, AR with pricing that ranges from $650 to $3,765. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $995 to $2,200.
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 $995 to $2,200 with an average monthly rent of $1,397.
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 $895 to $3,355, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $725.
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.

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.

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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.