Cheap Homes for Rent in Madison County, IL from $600 (55 Rentals)

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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 priced from $700. The Social Edwardsville in the Fruit Maple Carpenter neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $705. Here is today’s list of the most affordable Madison County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rocwood Apartments1BR Units1BR,1BA$700
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$705
Cedar Point ApartmentsOne Bedroom Garden1BR,1BA$900
Broadway PlaceTwo Bedroom Apartment2BR,1BA$975
Metro Apartments At Collinsville1BD/1BA Upgraded1BR,1BA$1,000

Best Value Apartments for Rent in Madison County, IL

As of November 18, 2025 the best value apartment in the Madison County area is the $0.87 price per square foot 4 BR Townhouse Model at Rivers Edge Apartments in the in the Metro East neighborhood starting from $1,355. The second greatest value Madison County apartment is the The Cougar Unfurnished Model at The Social Edwardsville starting at $705 with a $0.53 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.
Rivers Edge Apartments4 BR Townhouse4BR,2.5BA$0.87
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$0.53
Parc at 720B12BR,2BA$0.72
The Reserve Apartments2x2 Flat2BR,2BA$0.83
Kettle River Town HomesTraditional Townhome2BR,1.5BA$0.98
262 W Main St, Unit D262 W Main St2BR,1.5BA$1.03
46 Bellevue Dr, Unit 446 Bellevue Dr2BR,1BA$1.00
1105 W Main St, Unit 2nd floor1105 W Main St1BR,1BA$0.97
2009 Bryan Ave, Unit 2009 Apt A, upstairs2009 Bryan Ave1BR,1BA$1.04
Rocwood Apartments1BR Units1BR,1BA$1.13

Frequently Asked Questions about Madison County

What type of rentals are currently available in Madison County?

There are currently 291 Apartments for Rent in Madison County, IL with pricing that ranges from $550 to $2,916. There are also 104 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $600 to $3,100.

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 $600 to $3,100 with an average monthly rent of $1,511.

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 $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $675.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.