
Cheap Apartments for Rent in Madison, FL from $599 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.


Cambridge Manor

Springhill Apartments

Madison Square Apartments

Preston Place Apartments

Heron Lake

The Avery

Prosper Azalea City
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Woodlands

Castlewood Apartments

Treeloft Apartments

Lakeside Lakeview Apartments

Ashton Meadows

Oak Terrace

Spring Chase Apartments

Oak Terrace at Lake Park
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Ashton Park

The Retreat at Pineview

216 Chandler St

725 N Troup St

1516 Woodard St

The Gables of St. Augustine

ONE505 PARK
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

522 1/2 Green St

912 Nardo St

1225 Dunwoody Dr

13933 US-19

1205 Bethune St

1425 E. Park Avenue

Seth Place

1315 S Center St
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.
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 | $860 | $860 | $860 |
| Madison 1 Bedroom Apartments | $1,063 | $599 | $1,425 |
| Madison 2 Bedroom Apartments | $1,180 | $669 | $1,885 |
| Madison 3 Bedroom Apartments | $1,416 | $669 | $2,160 |
| Madison 4 Bedroom Apartments | $1,428 | $1,428 | $1,428 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
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 2 Beds unit found at Preston Place Apartments priced from $669. Arbours At Madison Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $724. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Preston Place Apartments | 2 Bedroom | 2BR,2BA | $669 |
| Arbours At Madison Apartments | 2 Beds, 2 baths | 2BR,2BA | $724 |
| Prosper Azalea City | A1D | 1BR,1BA | $869 |
| Ashton Meadows | 1 Bed, 1 bath | 1BR,1BA | $934 |
| Castlewood Apartments | 2 Bedroom | 2BR,2BA | $976 |
| Brooks Trace | Two Bedroom | 2BR,2BA | $999 |
| The Gables of St. Augustine | 2 bedroom small | 2BR,2BA | $1,000 |
| Ashton Park | 1 Bed, 1 bath | 1BR,1BA | $1,000 |
| Oak Terrace | Magnolia | 2BR,1BA | $1,065 |
| Oak Terrace at Lake Park | 2 Beds, 2 baths | 2BR,2BA | $1,075 |
Best Value Apartments for Rent in Madison, FL and Nearby
As of August 27, 2026 the best value apartment in the Madison area is the $0.93 price per square foot 3/2 Townhome Model at Treeloft Apartments in the starting from $1,299. The second greatest value Madison apartment is the 3 Bed 3 Bath Model at Vita at Sustella starting at $1,399 with a $1.03 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. |
|---|---|---|---|
| Treeloft Apartments | 3/2 Townhome | 3BR,2BA | $0.93 |
| Vita at Sustella | 3 Bed 3 Bath | 3BR,3BA | $1.03 |
| The Retreat at Pineview | 3x2 | 3BR,2BA | $1.01 |
| Arbours At Madison Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.71 |
| Castlewood Apartments | 2 Bedroom | 2BR,2BA | $0.85 |
| The Avery | Two Bedroom Two Bath | 2BR,2BA | $1.07 |
| Preston Place Apartments | 2 Bedroom | 2BR,2BA | $0.63 |
| The Gates - Student Housing | 2BR/2BA Standard | 2BR,2BA | $0.66 |
| The Gables of St. Augustine | 2 bedroom small | 2BR,2BA | $1.06 |
| Remerton Mill | 2x2 | 2BR,2BA | $0.99 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, FL Rentals by Map
See the most popular apartments and homes in Madison, FL
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 $869 at Prosper Azalea City.
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 $669 at Preston Place Apartments.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at Arbours At Madison Apartments and starts from $840.
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

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.
