Cheap Homes for Rent in Madison County, KY from $800 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 303 McDougal Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1.5 Bath Home for Rent

Available Now

303 McDougal 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.

property at 1045 Brandy Ln

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 2 Bath Townhome for Rent

Available Now

1045 Brandy Ln

RichmondKY40475
property at 116 Anita Ln

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

3 Bedroom, 1.5 Bath Home for Rent

Available Now

116 Anita Ln

RichmondKY40475
property at 136 Noah Ln

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

3 Bedroom, 2 Bath Home for Rent

Available Now

136 Noah Ln

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.

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 $695. 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 ListingModel NameBed/BathPriced From
Katelyn Court Apartments1 Bed, 1 bath1BR,1BA$695
Pebblecreek CrossingOne Bedroom1BR,1BA$724
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$741
Reserves of MadisonThe Heritage1BR,1BA$825
Richmond Green Apartments1 Bedroom (650sqft)1BR,1BA$840

Best Value Apartments for Rent in Madison County, KY

As of July 03, 2026 the best value apartment in the Madison County area is the $1.11 price per square foot 309 McDougal Ave Model at 309 McDougal Ave, Unit 1 in the starting from $1,500. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
309 McDougal Ave, Unit 1309 McDougal Ave3BR,2BA$1.11
2005 Willow Dr3BR/2.5BA3BR,2.5BA$1.19
204 Aqueduct Dr, Unit 204A204 Aqueduct Dr3BR,2BA$1.18
257 Sunset Ave, Unit #1257 Sunset Ave2BR,1BA$0.92
The Villages at Lake Reba2 BDR / 2BA2BR,2BA$1.32
108 Leimaur Dr, Unit Leimaur108 Leimaur Dr2BR,1BA$1.20
Reserves of MadisonThe Heritage1BR,1BA$1.10
1040 Brandy LnTwo Bed2BR,1BA$1.25
Pebblecreek CrossingOne Bedroom1BR,1BA$1.03
Katelyn Court Apartments1 Bed, 1 bath1BR,1BA$1.26

Frequently Asked Questions about Madison County

What type of rentals are currently available in Madison County?

There are currently 105 Apartments for Rent in Madison County, KY with pricing that ranges from $650 to $2,100. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison County ranging from $850 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 $850 to $3,900 with an average monthly rent of $2,214.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.