Cheap Homes for Rent in Madison County, IL from $600 (23 Rentals)

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Search the lowest-cost Homes available for rent right now in Madison County.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-23, Page 1 of 1

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 $620. Rocwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Madison County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rivers Edge ApartmentsEfficiencyStudio,1BA$620
Rocwood Apartments1BR Units1BR,1BA$650
Cedar Point ApartmentsOne Bedroom Garden1BR,1BA$900
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$925
Metro Apartments at Wood RiverSave up to $500 off Move In Costs with your EXC...1BR,1BA$950

Best Value Apartments for Rent in Madison County, IL

As of July 29, 2025 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 $1,660. The second greatest value Madison County apartment is the 7675 Stonebridge Golf Dr Model at 7675 Stonebridge Golf Dr, Unit 7675 starting at $1,450 with a $1.13 price per square foot in the Metro East 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
7675 Stonebridge Golf Dr, Unit 76757675 Stonebridge Golf Dr2BR,1.5BA$1.13
Parc at 720B12BR,2BA$0.73
Storyboard on LancashireLancashire B12BR,1BA$1.18
1028 E 5th St, Unit 1-21028 E 5th St2BR,1BA$0.83
1352 Franklin Ave, Unit 1352 Franklin1352 Franklin Ave2BR,1BA$0.95
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.07
3309 Myrle St, Unit 33093309 Myrle St2BR,1BA$0.96
Rocwood Apartments1BR Units1BR,1BA$1.05
2704 Idaho Ave, Unit 22704 Idaho Ave1BR,1BA$1.00

Frequently Asked Questions about Madison County

What type of rentals are currently available in Madison County?

There are currently 284 Apartments for Rent in Madison County, IL with pricing that ranges from $550 to $3,095. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $650 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 $650 to $3,100 with an average monthly rent of $1,800.

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 $2,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,125 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,650 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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.