
Cheap Homes for Rent in Madison County, IN from $675 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Madison County.


2916 Noble St

204 1/2 W Washington St

332 W 6th St

2418 W 18th St

712 Ranike Dr, Unit 3
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

223 E 11th St

1022 W 1st St

420 E 14th St

1807 Raible Ave

400 N Anderson St

221 E 13th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

347 W 3rd St

420 W 25th St

1614 W 18th St

2800 Crystal St, Unit K-6

2800 Crystal St, Unit K-2

2800 Crystal St, Unit M-2
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Madison County, IN Local Guide

How much does it cost to rent a home in Madison County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison County 2 Bedroom Homes for Rent | $1,084 | $700 | $2,100 |
| Madison County 3 Bedroom Homes for Rent | $1,486 | $1,100 | $2,250 |
| Madison County 4 Bedroom Homes for Rent | $2,167 | $1,200 | $2,800 |
| Madison County 5 Bedroom Homes for Rent | $2,085 | $2,085 | $2,085 |
Browse Homes for Rent in Madison County
Explore Madison County
Best Value Homes for Rent in Madison County, IN
As of September 27, 2026 the best value rental home in the Madison County area is the $0.93 price per square foot 6673 Laurelwood Dr Model at 6673 Laurelwood Dr in the Barrington Estates neighborhood starting from $2,800. The second greatest value Madison County rental home is the 7631 Charlotte Dr Model at 7631 Charlotte Dr in the Barrington Estates neighborhood starting at $1,825 with a $0.78 price per square foot. Here is today’s list of the best values for Madison County homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 6673 Laurelwood Dr | 6673 Laurelwood Dr | 4BR, 3BA | $0.93 |
| 7631 Charlotte Dr | 7631 Charlotte Dr | 3BR, 2.5BA | $0.78 |
| 2921 Central Ave | 2921 Central Ave | 4BR, 2BA | $0.62 |
| 2423 S Madison Ave | 2423 S Madison Ave | 3BR, 2BA | $0.81 |
| 621 E 31st St | 621 E 31st St | 4BR, 1BA | $0.70 |
| 1306 Arrow Ave | 1306 Arrow Ave | 3BR, 2BA | $0.66 |
| 904 Woodlawn Dr | 904 Woodlawn Dr | 2BR, 1BA | $1.00 |
| 1411 N Park Ave | 1411 N Park Ave | 2BR, 2BA | $1.07 |
| 2418 W 18th St | 2418 W 18th St | 1BR, 1BA | $0.94 |
| 2316 Walnut St | 2316 Walnut St | 1BR, 1BA | $0.86 |
Frequently Asked Questions about Madison County
What type of rentals are currently available in Madison County?
There are currently 140 Apartments for Rent in Madison County, IN with pricing that ranges from $250 to $1,850. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $675 to $2,800.
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 $675 to $2,800 with an average monthly rent of $1,304.
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 $875 to $1,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,194.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.