
Cheap Apartments for Rent in Madison County, IN from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison County.


1223 E 10th St
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

2002 Jefferson St

Bay Terrace Apartments

213 Madison Ave

215 Madison Ave

Hoosier Woods Apartments

202 E 13th St
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.

1302-1304 W 2nd St

211 W 9th St

221 E 11th St

604 Hendricks St
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.

520 Ruddle Ave
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Madison County, IN Local Guide

How much does it cost to rent an apartment in Madison County?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison County Studio Apartments | $784 | $650 | $900 |
Madison County 1 Bedroom Apartments | $878 | $250 | $1,095 |
Madison County 2 Bedroom Apartments | $1,031 | $695 | $1,499 |
Madison County 3 Bedroom Apartments | $1,201 | $935 | $1,450 |
Browse Apartments in Madison County
See all Apartments in MadisonExplore Madison County
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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
Harter House | Rose | Studio,1BA | $749 |
Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
Best Value Apartments for Rent in Madison County, IN
As of September 23, 2025 the best value apartment in the Madison County area is the $0.82 price per square foot Voyager Model at Stonebrook Townhomes in the starting from $1,200. The second greatest value Madison County apartment is the (7182B1) 2x1 Model at Summerlake Meadows starting at $1,499 with a $1.21 price per square foot in the Barrington Estates neighborhood. 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. |
---|---|---|---|
Stonebrook Townhomes | Voyager | 3BR,2BA | $0.82 |
Summerlake Meadows | (7182B1) 2x1 | 2BR,1BA | $1.21 |
627 Walnut St, Unit B | 627 Walnut St | 3BR,1.5BA | $1.08 |
Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.12 |
4491 N 200 E | 4491 N 200 E | 2BR,1BA | $1.00 |
2208 Hendricks St, Unit 1 | 2208 Hendricks St | 3BR,2BA | $1.05 |
411 N Sheridan St, Unit .5 | 411 N Sheridan St | 2BR,1BA | $1.16 |
Cedar Ridge Townhomes | The Fir | 2BR,1BA | $1.20 |
109 E 1st St, Unit 109 | 109 E 1st St | 2BR,1BA | $1.13 |
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
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.
What is the most affordable Madison County Three Bedroom Apartment?
The best deal on a cheap Madison County Three Bedroom Apartment rental is at Cedar Ridge Townhomes and starts from $1,120.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.