2504A Denver St
Granite CityIL62040
Cheap Homes for Rent in Madison County, IL from $400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Madison County.
3024 Glenwood Ave
AltonIL62002
806 Center St
East AltonIL62024
1309 Willard St
AltonIL62002
1311 Willard St
AltonIL62002
306 E Main St
East AltonIL62024
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.
116 N 14th St
Wood RiverIL62095
3003 Main St
AltonIL62002
2951 Hillcrest Ave
AltonIL62002
2717 Lincoln Ave
Granite CityIL62040
830 N Wood River Ave
Wood RiverIL62095
116 W Zupan St
MaryvilleIL62062
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.
2108 Washington St
MitchellIL62040
Showing Results 1-13, Page 1 of 1
Madison County, IL Local Guide
Route 66 by russellstreet is licensed under CC BY 2.0
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 | $1,183 | $495 | $2,300 |
| Madison County 3 Bedroom Homes for Rent | $1,488 | $800 | $2,800 |
| Madison County 4 Bedroom Homes for Rent | $2,100 | $1,400 | $3,250 |
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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 in the Wood River neighborhood 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 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $752 |
| Cedar Point Apartments | Efficiency | Studio,1BA | $775 |
| Edison Ave. Lofts | 2 Bdrm Garden, 804 SqFt, Tax Credit, 60% AMI | 2BR,1BA | $795 |
Best Value Apartments for Rent in Madison County, IL
As of July 19, 2026 the best value apartment in the Madison County area is the $0.54 price per square foot D1 Model at Parc at 720 in the in the Edwardsville neighborhood starting from $760. The second greatest value Madison County apartment is the Lancashire B1 Model at Storyboard on Lancashire starting at $1,250 with a $1.18 price per square foot in the Edwardsville 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 | D1 | 4BR,4BA | $0.54 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.18 |
| Metro Apartments at Granite City | 2BR/1B TH | 2BR,1BA | $1.20 |
| 5526 Humbert Rd | 5526 Humbert Rd | 2BR,1BA | $0.99 |
| 413 N Center St | 2 Beds, 1 Baths | 2BR,1BA | $1.27 |
| Flax Meadow Townhomes | Two Bed | 2BR,1.5BA | $0.81 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| Edison Ave. Lofts | 2 Bdrm Garden, 804 SqFt, Tax Credit, 60% AMI | 2BR,1BA | $0.99 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $1.03 |
| 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 287 Apartments for Rent in Madison County, IL with pricing that ranges from $555 to $3,219. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $495 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 $495 to $3,250 with an average monthly rent of $1,418.
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 $3,219, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $600.
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
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.