309.5 Central Ave
AndersonIN46012
Cheap Homes for Rent in Madison County, IN from $600 (38 Rentals)
Search the lowest-cost Homes available for rent right now in Madison County.
2316 Walnut St
AndersonIN46016
2528 Lincoln St
AndersonIN46016
2417 Pearl St
AndersonIN46016
813 E 29th St
AndersonIN46016
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$7751 Bedroom Apartments Available Now
712 Ranike Dr, Unit 3
712 Ranike DrAnderson, IN 46012
223 E 11th St
AndersonIN46016
2422 Lincoln St
AndersonIN46016
1022 W 1st St
AndersonIN46016
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.
1902 McKinley St
AndersonIN46016
2904 Lincoln St
AndersonIN46016
1309 Pearl St
AndersonIN46016
1310 W 13th St
AndersonIN46016
1550 Raible Ave
AndersonIN46011
2324 Chase St
AndersonIN46016
1807 Raible Ave
AndersonIN46011
115 S Clinton St
AlexandriaIN46001
735 Mellen Dr
AndersonIN46013
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.
4801 E Co Rd 67
ChesterfieldIN46017
4801 E Co Rd 67
ChesterfieldIN46017
4801 E Co Rd 67
ChesterfieldIN46017
4801 E Co Rd 67
ChesterfieldIN46017
1925 Euclid Dr
AndersonIN46011
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$9501 Bedroom Apartments Available Now
817 W 53rd St, Unit 817
817 W 53rd StAnderson, IN 46013
2319 Broadway St, Unit 1/2
2319 Broadway St
AndersonIN46012
420 W 25th St
AndersonIN46016
4106 Delaware St
AndersonIN46013
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.
4801 E Co Rd 67
ChesterfieldIN46017
144 Hollywood Blvd
AndersonIN46016
1423 Fountain St
AndersonIN46016
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$1,0002 Bedroom Apartments Available Now
2800 Crystal St, Unit K-6
2800 Crystal StAnderson, IN 46012
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$1,0002 Bedroom Apartments Available Now
2800 Crystal St, Unit K-2
2800 Crystal StAnderson, IN 46012
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$1,0002 Bedroom Apartments Available Now
2800 Crystal St, Unit M-2
2800 Crystal StAnderson, IN 46012
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$1,0001 Bedroom Apartments Available Now
2327 Jackson St, Unit Apt 1
2327 Jackson StAnderson, IN 46016
216 N Delaware St
AndersonIN46016
1327 Arrow Ave
AndersonIN46016
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.
1631 W 7th St
AndersonIN46016
1311 Fletcher St
AndersonIN46016
Showing Results 1-38, 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 | $1,005 | $750 | $1,395 |
| Madison County 3 Bedroom Homes for Rent | $1,352 | $850 | $2,875 |
| Madison County 4 Bedroom Homes for Rent | $1,700 | $1,200 | $2,700 |
| Madison County 5 Bedroom Homes for Rent | $3,050 | $3,050 | $3,050 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in Madison County
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Cheapest Available 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 |
Best Value Apartments for Rent in Madison County, IN
As of August 13, 2026 the best value apartment in the Madison County area is the $0.95 price per square foot Pinnacle Model at Stonebrook Townhomes in the in the Anderson neighborhood starting from $1,090. The second greatest value Madison County apartment is the 1522 Main St Model at 1522 Main St, Unit 1 starting at $850 with a $0.94 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. |
|---|---|---|---|
| Stonebrook Townhomes | Pinnacle | 2BR,1.5BA | $0.95 |
| 1522 Main St, Unit 1 | 1522 Main St | 1BR,1BA | $0.94 |
| 430 W 7th St, Unit 430 | 430 W 7th St | 2BR,1BA | $0.96 |
| Hoosier Woods | 1X1 60% | 1BR,1BA | $1.20 |
| 317 N Harrison St, Unit B | 317 N Harrison St | 2BR,1BA | $1.14 |
| 618 Henry St, Unit 618 | 618 Henry St | 1BR,1BA | $1.19 |
| 2009 George St | 2009 George St | 1BR,1BA | $1.04 |
| 1807 Meridian St | 1807 Meridian St | 2BR,1BA | $1.09 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
| 317 1/2 N Harrison St, Unit 1/2 | 317 1/2 N Harrison St | 1BR,1BA | $1.20 |
Frequently Asked Questions about Madison County
What type of rentals are currently available in Madison County?
There are currently 160 Apartments for Rent in Madison County, IN with pricing that ranges from $250 to $1,750. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $675 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 $675 to $3,050 with an average monthly rent of $1,223.
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 $1,008 to $1,390, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,875. 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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.