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Cheap Homes for Rent in Madison County, IN from $500 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Madison County.
520 Ruddle Ave
AndersonIN46012
211 W 9th St
AndersonIN46016
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412 E 19th St
AndersonIN46016
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.
1201 W 1st St
AndersonIN46016
309.5 Central Ave
AndersonIN46012
1224 W 13th St
AndersonIN46016
622 E 29th St, Unit B
622 E 29th St
AndersonIN46016
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903 W 22nd St
AndersonIN46016
3514 Clark St
AndersonIN46013
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.
3036 E Lynn St
AndersonIN46016
3127 E Lynn St
AndersonIN46016
7444 W San Marco Dr
FortvilleIN46040
313 Walnut St
AndersonIN46017
3002 McKinley St
AndersonIN46016
1226 W 13th St
AndersonIN46016
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278 W 375 N
AndersonIN46012
1625 Walton St
AndersonIN46016
1425 Lennox St
AndersonIN46012
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.
Showing Results 1-24, 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 a home in Madison County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison County 2 Bedroom Homes for Rent | $1,025 | $795 | $1,300 |
| Madison County 3 Bedroom Homes for Rent | $1,516 | $850 | $2,210 |
| Madison County 4 Bedroom Homes for Rent | $1,908 | $1,200 | $2,500 |
| Madison County 5 Bedroom Homes for Rent | $2,715 | $2,600 | $2,850 |
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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. Longfellow Plaza Affordable Senior Community has the second lowest priced unit, which is a Studio apartment currently listed from $790. 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 |
| Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
| Applecreek | .The Washington | 1BR,1BA | $865 |
| The Tower | 1BR/1.0BA | 1BR,1BA | $885 |
Best Value Apartments for Rent in Madison County, IN
As of September 21, 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 |
| 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 |
| 925 W 5th St, Unit 1 | 925 W 5th St | 1BR,1BA | $1.34 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
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 $1,499. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $525 to $2,850.
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 $525 to $2,850 with an average monthly rent of $1,579.
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.