Cheap Apartments for Rent in Madison County, ID from $400 (11 Rentals)

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

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Milano Flats
6 Bedroom Apartments

Milano Flats

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

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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
Studio to 2 Bedroom Apartments

At Home Rexburg

332 S 4th WRexburg, ID 83440
Student Housing
  • Utilities Included
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Crestwood Apartments
2 to 3 Bedroom Apartments

Crestwood Apartments

235 S 1st ERexburg, ID 83440
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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 $454. Stone Brook Apartments 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 ListingModel NameBed/BathPriced From
Milano FlatsStandard (Men)6BR,2BA$454
Stone Brook ApartmentsTeton1BR,1BA$950
Centennial Patio Home Apartments1 Bedroom, 1 Bathroom w/ Garage Included1BR,1BA$1,100
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 January 11, 2026 the best value apartment in the Madison County area is the $1.18 price per square foot 3x2 Men Model at Colonial House in the starting from $1,415. The second greatest value Madison County apartment is the 3x2 Women Model at Nauvoo House starting at $1,420 with a $1.18 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.
Colonial House3x2 Men3BR,2BA$1.18
Nauvoo House3x2 Women3BR,2BA$1.18
University View Rexburg (new)3x2 Men3BR,2BA$1.45
Milano FlatsStandard (Women)6BR,2BA$0.43
The Pines2x1 Premium (Men)2BR,1BA$0.24
La Jolla3x2 Women3BR,2BA$1.22
Village at RexburgFremont - 2/1.002BR,1BA$1.32
Centennial Patio Home Apartments2 Bedroom, 1 Bathroom w/ Garage Included2BR,1BA$1.66
Stone Brook ApartmentsTeton1BR,1BA$1.41
Madison Station1x11BR,1BA$1.69

Frequently Asked Questions about Cheap Madison County Apartments

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

The lowest price for a Cheap One Bedroom Madison County Apartment is $950 at Stone Brook Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Madison County is starting from $1,125 at Village at Rexburg.

What is the most affordable Madison County Three Bedroom Apartment?

The best deal on a cheap Madison County Three Bedroom Apartment rental is at University View Rexburg (new) and starts from $1,300.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!