Cheap Apartments for Rent in Madison County, NE from $300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison County.

310 S 2nd St
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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 | $1,122 | $500 | $1,275 |
Madison County 2 Bedroom Apartments | $1,315 | $875 | $1,850 |
Madison County 3 Bedroom Apartments | $2,081 | $850 | $2,950 |
Browse Apartments in Madison County
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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. The Warwick has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. 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 |
The Warwick | 1 Bedroom | 1BR,1BA | $925 |
Legacy Bend | Neligh | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Madison County, NE
As of September 20, 2025 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 $1.48 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 | 2BR,2BA | $1.48 |
Victory Village Apartments | Riverbank | 2BR,2BA | $1.47 |
The Hill | 2 Bedroom Apartment | 2BR,1BA | $1.29 |
The Apartment Place | 1BR/1BA | 1BR,1BA | $1.07 |
Maple Apartments LLC | 1 Bed 1 Bath | 1BR,1BA | $1.29 |
Legacy Bend | Neligh | 1BR,1BA | $1.94 |
The Warwick | 1 Bedroom | 1BR,1BA | $1.68 |
401 S 3rd St, Unit 3 | 401 S 3rd St | 1BR,1BA | $1.25 |
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 $2,322.
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 4 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
Helpful Apartment Articles, How-To's and Tips
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.