Cheap Apartments for Rent in Madison, FL from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.

Preston Place Apartments

Heron Lake

The Gables of St. Augustine

Ashton Meadows
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Ramblewood

Castlewood Apartments

Lakeside Lakeview

Baytree Condominiums

Ashton Park

510 3rd Ave

623 E Brookwood Dr

709 N Troup St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

603 W Gordon St

712 Johnson St

725 N Troup St

810 Lilly St

Valdosta Campus Walk-Off Campus Student Housi

201 W Hill St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Madison, FL Local Guide

How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Studio Apartments | $820 | $800 | $840 |
Madison 1 Bedroom Apartments | $1,025 | $599 | $1,544 |
Madison 2 Bedroom Apartments | $1,179 | $659 | $1,885 |
Madison 3 Bedroom Apartments | $1,460 | $665 | $2,075 |
Madison 4 Bedroom Apartments | $1,472 | $1,397 | $1,547 |
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Madison, FL Local Guide
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Cheapest Available Madison Apartments for Rent and Nearby
 The cheapest available apartment rental in Madison, FL is a 1 Bed unit found at Preston Place Apartments priced from $599. The Gables of St. Augustine has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Madison apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Preston Place Apartments | 1 Bedroom | 1BR,1BA | $599 |
The Gables of St. Augustine | Studio | Studio,1BA | $800 |
Ashton Meadows | 1 Bed, 1 bath | 1BR,1BA | $834 |
Castlewood Apartments | 1 Bedroom | 1BR,1BA | $866 |
Lakeside Lakeview | 1 Bedroom, 1Bath view | 1BR,1BA | $900 |
Best Value Apartments for Rent in Madison, FL and Nearby
As of June 24, 2025 the best value apartment in the Madison area is the $1.22 price per square foot Tea Olive Model at The Gardens in the starting from $1,885. The second greatest value Madison apartment is the 3x2 Model at The Retreat at Pineview starting at $1,325 with a $0.99 price per square foot . Here is today’s list of the best values for Madison apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Gardens | Tea Olive | 2BR,2BA | $1.22 |
The Retreat at Pineview | 3x2 | 3BR,2BA | $0.99 |
The Links Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.18 |
The Gates - Student Housing | 2BR/2BA Standard | 2BR,2BA | $0.66 |
Latitude 30 Apartments | 2 BR | 2 BA Townhome | 2BR,2BA | $1.08 |
The Grand at Lake Sheri | The Alden | 2BR,2BA | $1.18 |
Preston Place Apartments | 1 Bedroom | 1BR,1BA | $0.74 |
Remerton Mill | 2x2 | 2BR,2BA | $0.87 |
Castlewood Apartments | 1 Bedroom | 1BR,1BA | $1.20 |
Ashton Meadows | 1 Bed, 1 bath | 1BR,1BA | $1.20 |
Quick Rent Budget Calculator
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Getting Around Madison, FL
Walk Score®
36 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Madison Apartments
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $599 at Preston Place Apartments.
What is the lowest price for a Cheap Two Bedroom Madison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madison is starting from $972 at Prosper Azalea City.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at The Gables of St. Augustine and starts from $1,125.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.