
Cheap Homes for Rent in Madison County, IL from $500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Madison County.


3024 Glenwood Ave

606 Anderson St

534 Easton St

919 Mulberry St

2637 Sidney St
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.

1408 Willard St

900 Washington Ave

809 Greenwood St

2251 Delmar Ave

412 Wood River Ave

116 W Zupan St
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.

46 Eckhard Ave

2317 Grand Ave

1629 S Rodgers Ave

120 Lakeside Ave

12 Coachlight Trailer Park

766 Wall St
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.
Madison County, IL Local Guide

How much does it cost to rent a home in Madison County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison County 2 Bedroom Homes for Rent | $1,176 | $595 | $2,300 |
| Madison County 3 Bedroom Homes for Rent | $1,455 | $895 | $3,000 |
| Madison County 4 Bedroom Homes for Rent | $1,885 | $1,095 | $3,250 |
Browse Homes for Rent in Madison County
Explore Madison County
Cheapest Available Madison County Apartments for Rent
 The cheapest available apartment rental in Madison County, IL is a 1 Bed unit found at Rocwood Apartments priced from $700. Flax Meadow Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $715. Here is today’s list of the most affordable Madison County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
| Flax Meadow Townhomes | Two Bed | 2BR,1BA | $715 |
| Cedar Point Apartments | Efficiency | Studio,1BA | $775 |
| The Georgetown Apartments | 1 Bed, 1 bath | 1BR,1BA | $775 |
| 326 E Central St | 2 Bed, 1 Bath | 2BR,1BA | $875 |
Best Value Apartments for Rent in Madison County, IL
As of April 19, 2026 the best value apartment in the Madison County area is the $0.73 price per square foot B1 Model at Parc at 720 in the in the Fruit Maple Carpenter neighborhood starting from $910. The second greatest value Madison County apartment is the Lancashire B1 Model at Storyboard on Lancashire starting at $1,195 with a $1.13 price per square foot in the Fruit Maple Carpenter neighborhood. 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. |
|---|---|---|---|
| Parc at 720 | B1 | 2BR,2BA | $0.73 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.13 |
| Kettle River Town Homes | Traditional Townhome | 2BR,1.5BA | $0.98 |
| Flax Meadow Townhomes | Two Bed | 2BR,1.5BA | $0.81 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| 326 E Central St | 2 Bed, 1 Bath | 2BR,1BA | $1.03 |
| 523 S Central Ave, Unit 4 | 523 S Central Ave | 2BR,1BA | $1.00 |
| 1105 W Main St, Unit 2nd floor B | 1105 W Main St | 1BR,1BA | $0.97 |
| 806 Center St, Unit 3 | 806 Center St | 1BR,1BA | $1.09 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $1.13 |
Frequently Asked Questions about Madison County
What type of rentals are currently available in Madison County?
There are currently 285 Apartments for Rent in Madison County, IL with pricing that ranges from $625 to $2,910. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $595 to $3,250.
What is the current price range for Rental Homes in Madison County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison County ranges from $595 to $3,250 with an average monthly rent of $1,351.
How much are larger Three and Four Bedroom Rentals in Madison County?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison County range from $859 to $2,669, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $724.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.