
Cheap Apartments for Rent in Madison County, NE from $300 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison County.


Oak Park Apartments

313 N 12th St
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.

Grove Park

Greenland Village Apartments

North Park
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.
Madison County, NE Local Guide

How much does it cost to rent an apartment in Madison County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison County 1 Bedroom Apartments | $1,099 | $775 | $1,275 |
| Madison County 2 Bedroom Apartments | $1,286 | $780 | $1,699 |
| Madison County 3 Bedroom Apartments | $1,831 | $1,345 | $2,300 |
Browse Apartments in Madison County
See all Apartments in MadisonExplore Madison County
Cheapest Available Madison County Apartments for Rent
 The cheapest available apartment rental in Madison County, NE is a 1 Bed unit found at The Apartment Place priced from $895. Maple Apartments LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Madison County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Apartment Place | 1BR/1BA | 1BR,1BA | $895 |
| Maple Apartments LLC | Unit 6 | 1BR,1BA | $950 |
| The Warwick | 2 bedroom- Updated | 2BR,1BA | $1,120 |
Best Value Apartments for Rent in Madison County, NE
As of May 28, 2026 the best value apartment in the Madison County area is the $1.16 price per square foot 2 Beds, 1 bath Model at 414 W Phillip Ave in the starting from $1,450. The second greatest value Madison County apartment is the 1002 Model at GNP Properties LLC starting at $1,850 with a $1.54 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. |
|---|---|---|---|
| 414 W Phillip Ave | 2 Beds, 1 bath | 2BR,1BA | $1.16 |
| GNP Properties LLC | 1002 | 3BR,2.5BA | $1.54 |
| The Apartment Place | 1BR/1BA | 1BR,1BA | $1.07 |
| The Warwick | 2 bedroom- Updated | 2BR,1BA | $1.36 |
| Victory Village Apartments | Kindred | 1BR,1BA | $1.61 |
| Maple Apartments LLC | Unit 6 | 1BR,1BA | $1.36 |
| 1008 S 6th St, Unit Apt C | 1008 S 6th St | 1BR,1BA | $1.29 |
| Legacy Bend | Neligh | 1BR,1BA | $1.94 |
Frequently Asked Questions about Cheap Madison County Apartments
What is the price of a cheap apartment in Madison County?
The cheapest apartment in Madison County is The Apartment Place which is listed at $895, while the average apartment in Madison County costs $1,850.
What types of apartments are the cheapest in Madison County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Madison County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Madison County?
Cheap apartments in Madison County have an average cost of $272 which is $1,578 cheaper than the average rent for all rentals in Madison County.
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.