Cheap Apartments for Rent in Madison County, OH from $500 (9 Rentals)

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

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.

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London Apartments
2 to 3 Bedroom Apartments

London Apartments

1052 Sheffield BlvdLondon, OH 43140
  • Utilities Included
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Elms Apartments
2 Bedroom Apartments

Elms Apartments

289 Surrey LnLondon, OH 43140
  • Utilities Included

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, OH is a 2 Beds unit found at 20 Eastgate Ave W in the Madison County neighborhood priced from $950. Charter Club Apartment Homes in the Madison County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here is today’s list of the most affordable Madison County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
20 Eastgate Ave WEastgate2BR,1BA$950
Charter Club Apartment Homes1BD1BR,1BA$1,099
Keny Boulevard EstatesMid-upgrade 1 BR NO SMOKING1BR,1BA$1,180

Best Value Apartments for Rent in Madison County, OH

As of July 18, 2026 the best value apartment in the Madison County area is the $1.78 price per square foot Edgewater 3 Model at The Residences at Maren Reserve in the in the Madison County neighborhood starting from $2,455. The second greatest value Madison County apartment is the Meadowood Model at Redwood West Jefferson starting at $2,459 with a $1.85 price per square foot in the Greater Hilltop neighborhood. 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.
The Residences at Maren ReserveEdgewater 32BR,2BA$1.78
Redwood West JeffersonMeadowood2BR,2BA$1.85
20 Eastgate Ave WEastgate2BR,1.5BA$0.86
Stillwell JeromeThe Oasis2BR,2BA$2.14
Charter Club Apartment Homes1BD1BR,1BA$1.47
Keny Boulevard EstatesMid-upgrade 1 BR NO SMOKING1BR,1BA$1.61

Frequently Asked Questions about Cheap Madison County Apartments

How much is rent for a Cheap One Bedroom Madison County Apartment?

The lowest price for a Cheap One Bedroom Madison County Apartment is $1,099 at Charter Club Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Madison County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madison County is starting from $950 at 20 Eastgate Ave W.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.