Cheap Apartments for Rent in Madison, FL from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.

Preston Place Apartments

Heron Lake

ONE505 PARK

The Gables of St. Augustine
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Ashton Meadows

The Avery

Prosper Azalea City

Castlewood Apartments

Lakeside Lakeview

Ashton Park
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404 E Brookwood Dr

510 3rd Ave

607 N Troup St

205 1/2 N Ashley St

725 N Troup St

Valdosta Campus Walk-Off Campus Student Housi
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 | $1,001 | $599 | $1,544 |
Madison 2 Bedroom Apartments | $1,194 | $659 | $1,885 |
Madison 3 Bedroom Apartments | $1,431 | $669 | $2,075 |
Madison 4 Bedroom Apartments | $1,319 | $1,262 | $1,566 |
Browse Top Apartments in Madison
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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 |
Prosper Azalea City | A1D | 1BR,1BA | $859 |
Castlewood Apartments | 1 Bedroom | 1BR,1BA | $866 |
Best Value Apartments for Rent in Madison, FL and Nearby
As of August 04, 2025 the best value apartment in the Madison area is the $1.16 price per square foot Camelia Model at The Gardens in the starting from $1,950. 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 | Camelia | 3BR,2.5BA | $1.16 |
The Retreat at Pineview | 3x2 | 3BR,2BA | $0.99 |
The Links Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.18 |
The Grand at Lake Sheri | The Pendleton (Renovated) | 3BR,3BA | $0.98 |
Blanton Commons Apartments | Camellia 3X3 | 3BR,3BA | $1.08 |
Magnolia on Melody Townhomes | Renovated Two Bed Townhome | 2BR,1.5BA | $1.20 |
The Gates - Student Housing | 2BR/2BA Standard | 2BR,2BA | $0.66 |
Preston Place Apartments | 1 Bedroom | 1BR,1BA | $0.74 |
Castlewood Apartments | 1 Bedroom | 1BR,1BA | $1.20 |
Ashton Meadows | 1 Bed, 1 bath | 1BR,1BA | $1.20 |
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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 $959 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 Preston Place Apartments and starts from $699.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.