Cheap Apartments for Rent in Madison County, ID from $750 (11 Rentals)

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

property at 35 W 2nd N
$850 - $950
2 Bedroom Rentals
Available Now

35 W 2nd N

RexburgID83440
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Milano Flats
6 Bedroom Apartments

Milano Flats

440 S 2nd WRexburg, ID 83440
Student Housing
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Carlow Senior Apartments
1 to 2 Bedroom Apartments

Carlow Senior Apartments

420 E 7th NRexburg, ID 83440
Senior Living
  • Utilities Included
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The Strawberry
1 to 2 Bedroom Apartments

The Strawberry

457 S 4th WRexburg, ID 83440
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At Home Rexburg
1 to 2 Bedroom Apartments

At Home Rexburg

332 S 4th WRexburg, ID 83440
Student Housing
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Crestwood Apartments
2 to 3 Bedroom Apartments

Crestwood Apartments

235 S 1st ERexburg, ID 83440
  • Utilities Included

Cheapest Available Madison County Apartments for Rent

 

The cheapest available apartment rental in Madison County, ID is a 6 Beds unit found at Milano Flats priced from $462. University Courtyard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Madison County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Milano FlatsStandard (Men)6BR,2BA$462
University Courtyard1X1 Unfurnished1BR,1BA$925
Stone Brook ApartmentsHenry's Lake1BR,1BA$1,025
Madison Station1x11BR,1BA$1,124
Village at RexburgFremont - 2/1.002BR,1BA$1,125

Best Value Apartments for Rent in Madison County, ID

As of September 14, 2026 the best value apartment in the Madison County area is the $0.27 price per square foot Women 3x2 Model at The Pines in the starting from $320. The second greatest value Madison County apartment is the 3x2 Model at University View Rexburg (new) starting at $481 with a $0.44 price per square foot . Here is today’s list of the best values for Madison County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The PinesWomen 3x23BR,2BA$0.27
University View Rexburg (new)3x23BR,2BA$0.44
Milano FlatsStandard (Women)6BR,2BA$0.44
M520CC2BR/1.0BA2BR,1BA$1.28
122 N 4th E, Unit 4122 N 4th E2BR,1BA$1.02
895 Andrews Pl, Unit 2895 Andrews Pl2BR,1BA$1.08
Rexburg Centennial Townhomes2B/1B2BR,1BA$1.62
Village at RexburgFremont - 2/1.002BR,1BA$1.32
Madison Station1x11BR,1BA$1.69
Stone Brook ApartmentsHenry's Lake1BR,1BA$1.60

Frequently Asked Questions about Cheap Madison County Apartments

What is the price of a cheap apartment in Madison County?

The cheapest apartment in Madison County is University Courtyard which is listed at $925, while the average apartment in Madison County costs $1,165.

What types of apartments are the cheapest in Madison County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Madison County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.