
Cheap Apartments for Rent in Madison County, NE from $300 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison County.


Grove Park
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.

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 Studio Apartments | $605 | $605 | $605 |
| Madison County 1 Bedroom Apartments | $1,145 | $710 | $1,279 |
| Madison County 2 Bedroom Apartments | $1,369 | $995 | $1,699 |
| Madison County 3 Bedroom Apartments | $1,850 | $1,850 | $1,850 |
Browse Apartments in Madison County
See all Apartments in MadisonExplore Madison County
Best Value Apartments for Rent in Madison County, NE
As of July 12, 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 |
| Victory Village Apartments | Riverbank | 2BR,2BA | $1.46 |
| The Apartment Place | 1BR/1BA | 1BR,1BA | $1.07 |
| 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.
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

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.

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.

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.

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.