105 Meadowlark Dr
RichmondKY40475
Cheap Homes for Rent in Madison County, KY from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Madison County.
103 Moberly Ave
RichmondKY40475
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$9001 Bedroom Apartments Available Jun 8
1020 Echo Valley Dr
1020 Echo Valley DrRichmond, KY 40475
100 Rockcastle St
BereaKY40403
105 O Roark Ave
RichmondKY40475
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.
103 Rice Ct
RichmondKY40475
250 Herndon St
BereaKY40403
245 Evansdale Ave
RichmondKY40475
303 McDougal Ave
RichmondKY40475
223 W Broadway Ave
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.
325 S 3rd St
RichmondKY40475
8003 Wilburn Way
RichmondKY40475
204 S Robbins Ct
RichmondKY40475
804 Melanie Ln
RichmondKY40475
202 S Keeneland Dr
RichmondKY40475
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.
3032 Ransom Way
RichmondKY40475
422 Richmond Rd N
BereaKY40403
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Madison County, KY Local Guide
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 | $1,253 | $925 | $1,765 |
| Madison County 3 Bedroom Homes for Rent | $1,642 | $1,100 | $2,655 |
| Madison County 4 Bedroom Homes for Rent | $2,482 | $1,850 | $3,900 |
| Madison County 5 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
| Madison County 6 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
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, KY is a 1 Bed unit found at Katelyn Court Apartments priced from $595. Pebblecreek Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $724. Here is today’s list of the most affordable Madison County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $595 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $724 |
| East Ridge Apartments | One Bedroom | 1BR,1BA | $725 |
| Park Place | 1 Bedroom, 1 Bath | 1BR,1BA | $740 |
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $741 |
Best Value Apartments for Rent in Madison County, KY
As of May 19, 2026 the best value apartment in the Madison County area is the $1.40 price per square foot Three Bedroom 2 Bath Cottage Home Model at Legacy Lake Apartments in the starting from $2,100. The second greatest value Madison County apartment is the 3BR/2.5BA Model at 2005 Willow Dr starting at $1,425 with a $1.19 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. |
|---|---|---|---|
| Legacy Lake Apartments | Three Bedroom 2 Bath Cottage Home | 3BR,2BA | $1.40 |
| 2005 Willow Dr | 3BR/2.5BA | 3BR,2.5BA | $1.19 |
| The Villages at Lake Reba | 2 BDR / 2BA | 2BR,2BA | $1.32 |
| East Ridge Apartments | One Bedroom | 1BR,1BA | $0.81 |
| Reserves of Madison | The Heritage | 1BR,1BA | $1.10 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $1.25 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $1.03 |
| Ash Park Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.08 |
| Park Place | 1 Bedroom, 1 Bath | 1BR,1BA | $1.38 |
Frequently Asked Questions about Madison County
What type of rentals are currently available in Madison County?
There are currently 101 Apartments for Rent in Madison County, KY with pricing that ranges from $595 to $2,100. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $750 to $3,900.
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 $750 to $3,900 with an average monthly rent of $2,007.
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.