Cheap Apartments for Rent in Madison County, KY from $600 (13 Rentals)

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

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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Park Place
1 to 2 Bedroom Apartments

Park Place

535 Mahaffey DrRichmond, KY 40475
  • Utilities Included
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Blue Country Apartments
Studio to 3 Bedroom Apartments

Blue Country Apartments

511-519 Ballard DrRichmond, KY 40475
  • Utilities Included

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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450 on Keeneland
1 to 3 Bedroom Apartments

450 on Keeneland

450 N Keeneland DrRichmond, KY 40475
  • Utilities Included

Cheapest Available Madison County Apartments for Rent

 

The cheapest available apartment rental in Madison County, KY is a 1 Bed unit found at Shawnee Trail Apartments priced from $726. Pebblecreek Crossing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $859. Here is today’s list of the most affordable Madison County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$726
Pebblecreek CrossingTwo Bedroom2BR,1BA$859
Vines at Saddlebrook1 x 11BR,1BA$860
1040 Brandy LnTwo Bed2BR,1BA$900
Ash Park Apartments1 Bedroom1BR,1BA$950

Best Value Apartments for Rent in Madison County, KY

As of May 29, 2025 the best value apartment in the Madison County area is the $1.11 price per square foot One Bedroom Model at The Resort in the starting from $995. The second greatest value Madison County apartment is the Two Bedroom Model at Pebblecreek Crossing starting at $859 with a $0.97 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.
The ResortOne Bedroom1BR,1BA$1.11
Pebblecreek CrossingTwo Bedroom2BR,1BA$0.97
1040 Brandy LnTwo Bed2BR,1BA$1.25
Ash Park Apartments1 Bedroom1BR,1BA$1.36
Vines at Saddlebrook1 x 11BR,1BA$1.43
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$1.38

Frequently Asked Questions about Cheap Madison County Apartments

How much is rent for a Cheap One Bedroom Madison County Apartment?

The lowest price for a Cheap One Bedroom Madison County Apartment is $726 at Shawnee Trail Apartments.

What is the lowest price for a Cheap Two Bedroom Madison County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madison County is starting from $859 at Pebblecreek Crossing.

What is the most affordable Madison County Three Bedroom Apartment?

The best deal on a cheap Madison County Three Bedroom Apartment rental is at 1040 Brandy Ln and starts from $1,000.

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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.