1604 W 15th St
AndersonIN46016
Cheap Homes for Rent in Madison County, IN from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Madison County.
336 W 6th St
AndersonIN46016
113 E 1st St
AlexandriaIN46001
119 E 1st St
AlexandriaIN46001
309.5 Central Ave
AndersonIN46012
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
21 W 8th St
AndersonIN46016
1807 Raible Ave
AndersonIN46011
712 Ranike Dr
AndersonIN46012
3614 Columbus Ave
AndersonIN46013
519 W 2nd 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.
102 N Main St
SummitvilleIN46070
1719 Johnson Ave
AndersonIN46016
1123 Louise St
AndersonIN46016
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$9001 Bedroom Apartments Available Now
2327 Jackson St, Unit Apt 1
2327 Jackson StAnderson, IN 46016
223 E 11th St
AndersonIN46016
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.
2904 Lincoln St
AndersonIN46016
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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 | $954 | $800 | $1,150 |
| Madison County 3 Bedroom Homes for Rent | $1,519 | $995 | $2,555 |
| Madison County 4 Bedroom Homes for Rent | $1,915 | $1,750 | $2,085 |
| Madison County 5 Bedroom Homes for Rent | $2,475 | $1,900 | $3,050 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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. BGP Country Club Estates, LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. 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 |
| BGP Country Club Estates, LLC | 1 Bedroom 1 Bath - 48256 | 1BR,1BA | $755 |
| Harter House | Rose | Studio,1BA | $779 |
| Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
Best Value Apartments for Rent in Madison County, IN
As of May 12, 2026 the best value apartment in the Madison County area is the $1.00 price per square foot 28 W 9th St Model at 28 W 9th St in the starting from $1,760. The second greatest value Madison County apartment is the Townhouse Model at Sun Valley Townhomes starting at $1,300 with a $0.92 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. |
|---|---|---|---|
| 28 W 9th St | 28 W 9th St | 2BR,2BA | $1.00 |
| Sun Valley Townhomes | Townhouse | 3BR,2.5BA | $0.92 |
| Stonebrook Townhomes | Redwood | 2BR,1.5BA | $0.95 |
| Applecreek | .The Braeburn | 3BR,2BA | $1.17 |
| Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.12 |
| Madison Lakes | One Bedroom | 1BR,1BA | $1.25 |
| Hoosier Woods | 1X1 60% | 1BR,1BA | $1.20 |
| BGP Country Club Estates, LLC | 1 Bedroom 1 Bath - 48256 | 1BR,1BA | $1.05 |
| 2208 Hendricks St, Unit 3 | 2208 Hendricks St | 1BR,1BA | $1.15 |
| 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 147 Apartments for Rent in Madison County, IN with pricing that ranges from $250 to $1,760. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $525 to $3,050.
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 $3,050 with an average monthly rent of $1,365.
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 $803 to $1,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,555. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,399.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.