
Cheap Apartments for Rent in Madison County, ID from $400 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison County.


University View Rexburg (new)

Milano Flats
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

135 S 2nd E

Carlow Senior Apartments

Rockwell Court Apartments
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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.

Lexington Apartments
Madison County, ID Local Guide

How much does it cost to rent an apartment in Madison County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison County Studio Apartments | $865 | $865 | $865 |
| Madison County 1 Bedroom Apartments | $1,016 | $895 | $1,299 |
| Madison County 2 Bedroom Apartments | $1,201 | $895 | $1,650 |
| Madison County 3 Bedroom Apartments | $1,863 | $1,500 | $2,295 |
| Madison County 4 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
Browse Apartments in Madison County
See all Apartments in MadisonExplore Madison County
Cheapest Available Madison County Apartments for Rent
 The cheapest available apartment rental in Madison County, ID is a 1 Bed unit found at University Courtyard priced from $925. Campus Courtyard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Madison County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Courtyard | 1X1 Unfurnished | 1BR,1BA | $925 |
| Campus Courtyard | 1x1 | 1BR,1BA | $950 |
| Stone Brook Apartments | Henry's Lake | 1BR,1BA | $975 |
Best Value Apartments for Rent in Madison County, ID
As of May 01, 2026 the best value apartment in the Madison County area is the $1.50 price per square foot 2B/1B Model at Rexburg Centennial Townhomes LLC in the starting from $1,299. The second greatest value Madison County apartment is the Fremont - 2/1.00 Model at Village at Rexburg starting at $1,125 with a $1.32 price per square foot . Here is today’s list of the best values for Madison County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rexburg Centennial Townhomes LLC | 2B/1B | 2BR,1BA | $1.50 |
| Village at Rexburg | Fremont - 2/1.00 | 2BR,1BA | $1.32 |
| 310 Ella Ln, Unit 13202 | 310 Ella Ln | 2BR,1BA | $1.35 |
| Providence Square | 2x1 | 2BR,1BA | $1.70 |
| Stone Brook Apartments | Henry's Lake | 1BR,1BA | $1.52 |
| University Gateway | 2X1 | 2BR,1BA | $1.78 |
| 164 Rosewood Dr, Unit Less than 1/4 mile to BYU-I | 164 Rosewood Dr | 1BR,1BA | $2.11 |
| Campus Courtyard | 1x1 | 1BR,1BA | $2.11 |
| University Courtyard | 1X1 Unfurnished | 1BR,1BA | $2.18 |
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 $1,800.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.