2512 W 24th St
Granite CityIL62040
Cheap Homes for Rent in Madison County, IL from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Madison County.
3024 Glenwood Ave
AltonIL62002
3305 Franor St
AltonIL62002
919 Mulberry St
HighlandIL62249
420 Winona St
BethaltoIL62010
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.
2317 Grand Ave
Granite CityIL62040
515 S Central Ave
RoxanaIL62084
46 Eckhard Ave
Wood RiverIL62095
316 Court St
AltonIL62002
208 W Thomas St
RoxanaIL62084
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.
Showing Results 1-10, 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 | $1,205 | $525 | $2,300 |
| Madison County 3 Bedroom Homes for Rent | $1,550 | $1,095 | $3,000 |
| Madison County 4 Bedroom Homes for Rent | $1,933 | $1,150 | $3,250 |
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Cheapest Available Madison County Apartments for Rent
The cheapest available apartment rental in Madison County, IL is a Studio unit found at Rivers Edge Apartments in the Metro East neighborhood priced from $625. Rocwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Madison County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rivers Edge Apartments | Efficiency | Studio,1BA | $625 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
| Edison Ave. Lofts | 2 Bdrm Garden, 748 SqFt, Tax Credit, Low Home, ... | 2BR,1BA | $700 |
Best Value Apartments for Rent in Madison County, IL
As of June 03, 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 Fruit Maple Carpenter 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 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 | D1 | 4BR,4BA | $0.54 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.18 |
| 413 N Center St | 2 Beds, 1 Baths | 2BR,1BA | $1.27 |
| Metro Apartments At Bethalto | 2BR/1B RSS Reno | 2BR,1BA | $1.17 |
| Flax Meadow Townhomes | Two Bed | 2BR,1.5BA | $0.81 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| 306 E Johnson St, Unit # 4 | 306 E Johnson St | 2BR,2BA | $1.19 |
| Edison Ave. Lofts | 2 Bdrm Garden, 748 SqFt, Tax Credit, Low Home, ... | 2BR,1BA | $0.94 |
| 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 286 Apartments for Rent in Madison County, IL with pricing that ranges from $550 to $3,010. There are also 65 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 $1,378.
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 $2,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $714.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
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.