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$250 - $9721 Bedroom Apartments Available Now
The Towers at Southdale Affordable Senior
524 W 53rd StAnderson, IN 46013
Cheap Apartments for Rent in Madison County, IN from $300 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison County.
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$550 - $1,351
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$490 - $1,291
Required Monthly Fees
$60
Total Monthly Price
$550 - $1,351
Courtyard Village Apartments
628 Walnut StAnderson, IN 46012
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$575
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1 Bedroom Apartment Available NowTotal Monthly Price
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$575
Total Monthly Price
$575
205 N Lincoln Ave, Unit 4
205 N Lincoln AveAlexandria, IN 46001
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$589 - $1,2231 to 4 Bedroom Apartments Available Now
Hoosier Woods
3833 Hoosier Woods CtAnderson, IN 46013
2002 Jefferson St
AndersonIN46016
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$600 - $1,075
Total Monthly Price
Studio to 3 Bedroom Apartment Available NowTotal Monthly Price
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$600 - $1,075
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$600 - $1,075
725 W 8th St
725 W 8th StAnderson, IN 46016
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$650
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1 Bedroom Apartment Available NowTotal Monthly Price
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$650
Total Monthly Price
$650
919 W 8th St, Unit B
919 W 8th StAnderson, IN 46016
1413 Walnut St
AndersonIN46016
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.
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$650 - $1,050Studio to 2 Bedroom Apartments Contact Us For Availability
Bay Terrace Apartments
530 Alhambra DrAnderson, IN 46012
3000 Fletcher St
AndersonIN46016
915 High St
AndersonIN46012
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$675
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1 Bedroom Apartment Available NowTotal Monthly Price
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$675
Total Monthly Price
$675
2208 Hendricks St, Unit 3
2208 Hendricks StAnderson, IN 46016
439 W 11th St
AndersonIN46016
2210 Walnut St, Unit B
2210 Walnut St
AndersonIN46016
832 E 7th St
AndersonIN46012
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$7001 Bedroom Apartment Available Now
919 Walnut St, Unit B
919 Walnut StAnderson, IN 46012
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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$700
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1 Bedroom Apartment Available NowTotal Monthly Price
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$700
Total Monthly Price
$700
702 W 5th St, Unit 3
702 W 5th StAnderson, IN 46016
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$700
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Studio Apartment Available NowTotal Monthly Price
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$700
Total Monthly Price
$700
902 S Anderson St, Unit 1
902 S Anderson StElwood, IN 46036
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$700
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2 Bedroom Apartment Available NowTotal Monthly Price
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$700
Total Monthly Price
$700
921 W 8th St, Unit B
921 W 8th StAnderson, IN 46016
221 E 11th St
AndersonIN46016
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Studio to 2 Bedroom Apartments
Plumwood Apartments
5 E Plum StChesterfield, IN 46017
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1 to 2 Bedroom Apartments
Central Schools
2120 Central AveAnderson, IN 46016
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1 to 2 Bedroom Apartments
Village Apartments of Summitville
1100 W Mill StSummitville, IN 46070
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Studio to 3 Bedroom Apartments
Parq on 8th Apartments
1829 E 8th StAnderson, IN 46012
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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2 Bedroom Apartments
Castle Noll Properties, LLC
4425 Columbus AveAnderson, IN 46013
336 W 6th St
AndersonIN46016
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Studio to 2 Bedroom Apartments
University Square Apartments
1910-1930 E 7thAnderson, IN 46012
309.5 Central Ave
AndersonIN46012
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1 to 2 Bedroom Apartments
The Mint
2505 E 10th StAnderson, IN 46012
1208 W 22nd St
AndersonIN46016
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1 to 3 Bedroom Apartments
Bingham Square
2725 W 16th StAnderson, IN 46011
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1 to 2 Bedroom Apartments
Scatterfield Villas
1916 E 50th StAnderson, IN 46013
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.
21 W 8th St
AndersonIN46016
Showing Results 1-33, Page 1 of 1
Madison County, IN Local Guide
Indiana road by StevenW. is licensed under CC BY 2.0
How much does it cost to rent an apartment in Madison County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison County Studio Apartments | $742 | $600 | $855 |
| Madison County 1 Bedroom Apartments | $844 | $250 | $1,224 |
| Madison County 2 Bedroom Apartments | $1,086 | $650 | $1,725 |
| Madison County 3 Bedroom Apartments | $1,150 | $803 | $1,450 |
| Madison County 4 Bedroom Apartments | $1,172 | $865 | $1,460 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in Madison County
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Cheapest Available Madison County Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
Best Value Apartments for Rent in Madison County, IN
As of March 03, 2026 the best value apartment in the Madison County area is the $0.92 price per square foot Townhouse Model at Sun Valley Townhomes in the starting from $1,300. The second greatest value Madison County apartment is the 202 W 3rd St Model at 202 W 3rd St, Unit 1 starting at $950 with a $0.79 price per square foot . 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. |
|---|---|---|---|
| Sun Valley Townhomes | Townhouse | 3BR,2.5BA | $0.92 |
| 202 W 3rd St, Unit 1 | 202 W 3rd St | 3BR,1BA | $0.79 |
| BGP Country Club Estates, LLC | 2 Bedroom 1.5 Bath - 34325 | 2BR,1.5BA | $0.74 |
| 2331 Broadway St, Unit .5 | 2331 Broadway St | 3BR,2BA | $0.89 |
| 921 W 8th St, Unit B | 921 W 8th St | 2BR,1BA | $0.70 |
| 1522 Main St, Unit 3 | 1522 Main St | 1BR,1BA | $0.92 |
| Hoosier Woods | 2X2 60% | 2BR,2BA | $0.95 |
| 919 Walnut St, Unit B | 919 Walnut St | 1BR,1BA | $0.78 |
| 919 W 8th St, Unit B | 919 W 8th St | 1BR,1BA | $0.81 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
Frequently Asked Questions about Cheap Madison County Apartments
What is a cheap apartment in Madison County?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Madison County is under $250.
What is the price of a cheap apartment in Madison County?
The cheapest apartment in Madison County is The Towers at Southdale Affordable Senior which is listed at $250, while the average apartment in Madison County costs $1,223.
What types of apartments are the cheapest in Madison County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 25 regular apartments in Madison County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Madison County?
Cheap apartments in Madison County have an average cost of $472 which is $751 cheaper than the average rent for all rentals in Madison County.
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
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.
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.
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.
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.