Cheap Homes for Rent in Madison County, KY from $700 (14 Rentals)

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

property at 114 Central Ave

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 Bedroom, 1 Bath Townhome for Rent

Available May 3

114 Central Ave, Unit B

114 Central Ave
BereaKY40403
property at 103 Rice Ct

$800

2 Bedroom Rentals

Available Now

103 Rice Ct

RichmondKY40475

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.

property at 1065 B Brandy Lane

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 2 Bath Townhome for Rent

Available Now

1065 B Brandy Lane

RichmondKY40475

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.

Cheapest Available Madison County Apartments for Rent

 

The cheapest available apartment rental in Madison County, KY is a 1 Bed unit found at East Ridge Apartments priced from $725. Shawnee Trail Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $726. Here is today’s list of the most affordable Madison County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
East Ridge ApartmentsOne Bedroom1BR,1BA$725
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$726
Reserves of MadisonThe Heritage1BR,1BA$825
Richmond Green Apartments1 Bedroom (650sqft)1BR,1BA$840
Park Place2 Bedroom, 1 Bath2BR,1BA$845

Best Value Apartments for Rent in Madison County, KY

As of February 18, 2026 the best value apartment in the Madison County area is the $1.00 price per square foot 561 Hampton Way Model at 561 Hampton Way, Unit 1 in the starting from $1,600. The second greatest value Madison County apartment is the 1040 Autumn Leaf Dr Model at 1040 Autumn Leaf Dr, Unit #3 starting at $1,050 with a $0.86 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.
561 Hampton Way, Unit 1561 Hampton Way3BR,2.5BA$1.00
1040 Autumn Leaf Dr, Unit #31040 Autumn Leaf Dr2BR,1.5BA$0.86
Oak Hill Apartments2BR/2.0BA2BR,2BA$1.09
Fountain Brook Apartments2 Bedroom2BR,2BA$1.03
Twin Lakes Apartments1 Bedroom1BR,1BA$0.99
East Ridge ApartmentsOne Bedroom1BR,1BA$0.81
The ResortOne Bedroom1BR,1BA$1.16
Pebblecreek CrossingTwo Bedroom2BR,1BA$0.97
Vines at Saddlebrook2 x 12BR,1BA$1.02
Reserves of MadisonThe Heritage1BR,1BA$1.10

Frequently Asked Questions about Madison County

What type of rentals are currently available in Madison County?

There are currently 102 Apartments for Rent in Madison County, KY with pricing that ranges from $650 to $2,100. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $775 to $2,975.

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 $775 to $2,975 with an average monthly rent of $1,465.

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

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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.