Cheap Homes for Rent in Madison County, IN from $600 (27 Rentals)

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Search the lowest-cost Homes available for rent right now in Madison County.

property at 3119 Jefferson St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

1 Bedroom, 1 Bath Townhome for Rent

Available Now

3119 Jefferson St

AndersonIN46016
property at 832 E 7th St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

2 Bedroom, 1 Bath Condo for Rent

Available Now

832 E 7th St

AndersonIN46012
property at 21 W 8th St

$700

Studio Rentals

Available Now

21 W 8th 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.

Read Article

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.

Read Article
property at 2439 Chase St

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925

2 Bedroom, 1 Bath Home for Rent

Available Now

2439 Chase St

AndersonIN46016

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-27, Page 1 of 1

Cheapest Available Madison County Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250

Best Value Apartments for Rent in Madison County, IN

As of March 28, 2026 the best value apartment in the Madison County area is the $0.92 price per square foot Townhouse Model at Sun Valley Townhomes in the starting from $1,300. The second greatest value Madison County apartment is the 202 W 3rd St Model at 202 W 3rd St, Unit 1 starting at $950 with a $0.79 price per square foot . Here is today’s list of the best values for Madison County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sun Valley TownhomesTownhouse3BR,2.5BA$0.92
202 W 3rd St, Unit 1202 W 3rd St3BR,1BA$0.79
2331 Broadway St, Unit .52331 Broadway St3BR,2BA$0.89
921 W 8th St, Unit A921 W 8th St2BR,1BA$0.80
Hoosier Woods2X2 60%2BR,2BA$1.04
3121 Jefferson St3121 Jefferson St1BR,1BA$0.72
919 Walnut St, Unit B919 Walnut St1BR,1BA$0.78
919 W 8th St, Unit B919 W 8th St1BR,1BA$0.81
2202 Silver St, Unit B2202 Silver St1BR,1BA$0.94
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45

Frequently Asked Questions about Madison County

What type of rentals are currently available in Madison County?

There are currently 155 Apartments for Rent in Madison County, IN with pricing that ranges from $250 to $1,725. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $625 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 $625 to $2,800 with an average monthly rent of $1,364.

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 $997 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,450 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.