Cheap Apartments for Rent in Madison County, IN from $300 (24 Rentals)

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

property at 202 E 13th St

202 E 13th St

AndersonIN46016

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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Plumwood Apartments
Studio to 2 Bedroom Apartments

Plumwood Apartments

5 E Plum StChesterfield, IN 46017
  • Utilities Included
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Central Schools
1 to 2 Bedroom Apartments

Central Schools

2120 Central AveAnderson, IN 46016
Senior Living
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Parq on 8th Apartments
Studio to 3 Bedroom Apartments

Parq on 8th Apartments

1829 E 8th StAnderson, IN 46012
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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The Mint
1 to 2 Bedroom Apartments

The Mint

2505 E 10th StAnderson, IN 46012
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Bingham Square
1 to 3 Bedroom Apartments

Bingham Square

2725 W 16th StAnderson, IN 46011
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Hickory Knoll Apartments
1 to 2 Bedroom Apartments

Hickory Knoll Apartments

1603 E 53rd StAnderson, IN 46013
Senior Living
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Showing Results 1-24, Page 1 of 1

Cheapest Available Madison County Apartments for Rent

 

The cheapest available apartment rental in Madison County, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. Harter House Anderson LLC has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here is today’s list of the most affordable Madison County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250
Harter House Anderson LLCRoseStudio,1BA$749
Longfellow Plaza Affordable Senior CommunityStudioStudio,1BA$790
Stonebrook TownhomesBiscayne1BR,1BA$805

Best Value Apartments for Rent in Madison County, IN

As of July 31, 2025 the best value apartment in the Madison County area is the $1.12 price per square foot 2 Beds, 2 Baths Model at Tin Plate Apartments in the starting from $1,195. The second greatest value Madison County apartment is the 1x1WD R-Prem Model at Cross Lakes Apartments starting at $995 with a $1.33 price per square foot . 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.
Tin Plate Apartments2 Beds, 2 Baths2BR,2BA$1.12
Cross Lakes Apartments1x1WD R-Prem1BR,1BA$1.33
Cedar Ridge TownhomesThe Fir2BR,1BA$1.20
Villages on Madison Apartments1x1 R-Prem1BR,1BA$1.55
1309 Brown St, Unit 21309 Brown St1BR,1BA$1.32
Stonebrook TownhomesBiscayne1BR,1BA$1.34
Applecreek.The Washington1BR,1BA$1.48
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45
1712 Main St, Unit 21712 Main St2BR,1BA$1.50
1432 Ohio Ave, Unit 11432 Ohio Ave1BR,1BA$1.45

Frequently Asked Questions about Cheap Madison County Apartments

How much is rent for a Cheap One Bedroom Madison County Apartment?

The lowest price for a Cheap One Bedroom Madison County Apartment is $250 at The Towers at Southdale Affordable Senior.

What is the lowest price for a Cheap Two Bedroom Madison County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madison County is starting from $900 at Cedar Ridge Townhomes.

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 The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.