Cheap Homes for Rent in Madison County, IL from $600 (16 Rentals)

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property at 2 Georgetown Dr

$995 - $1,050

2 Bedroom Rentals

Available Now

2 Georgetown Dr

Granite CityIL62040
Showing Results 1-16, Page 1 of 1

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. 326 E Central St in the Fruit Maple Carpenter neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $875. Here is today’s list of the most affordable Madison County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rocwood Apartments1BR Units1BR,1BA$700
326 E Central St2 Bed, 1 Bath2BR,1BA$875
Metro Apartments at Wood River1BR/1B Thompson1BR,1BA$950
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$970

Best Value Apartments for Rent in Madison County, IL

As of March 04, 2026 the best value apartment in the Madison County area is the $1.11 price per square foot Hamilton Model at ReNew at Alton in the starting from $1,669. The second greatest value Madison County apartment is the B1 Model at Parc at 720 starting at $915 with a $0.73 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 ListingModel NameBed/BathPrice Per Sq.Ft.
ReNew at AltonHamilton3BR,2.5BA$1.11
Parc at 720B12BR,2BA$0.73
The Reserve Apartments2x2 Flat2BR,2BA$0.83
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.12
326 E Central St2 Bed, 1 Bath2BR,1BA$1.03
The Social EdwardsvilleThe Eddie2BR,2BA$1.13
1111 Logan St, Unit Logan Apt #31111 Logan St1BR,1BA$0.81
2029 Bryan Ave, Unit 2029 Bryan Ave down2029 Bryan Ave2BR,1BA$1.06
422 Winona St422 Winona St2BR,1BA$1.07
2015 Bryan Ave, Unit 2015 Bryan unit A up2015 Bryan Ave1BR,1BA$1.04

Frequently Asked Questions about Madison County

What type of rentals are currently available in Madison County?

There are currently 293 Apartments for Rent in Madison County, IL with pricing that ranges from $550 to $2,900. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $685 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 $685 to $3,250 with an average monthly rent of $1,502.

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 $800 to $2,669, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $675.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.