Cheap Apartments for Rent in Madison, FL from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.

Preston Place Apartments

Heron Lake

ONE505 PARK
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.

The Gables of St. Augustine

Ashton Meadows

The Avery
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.

Ashton Park

Lakeside Lakeview

404 E Brookwood Dr

5218 Field Dr

725 N Troup St

510 3rd Ave

510 New Hudson St

808 Lilly St
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Valdosta Campus Walk-Off Campus Student Housi
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 | $1,034 | $599 | $1,425 |
Madison 2 Bedroom Apartments | $1,205 | $659 | $1,885 |
Madison 3 Bedroom Apartments | $1,398 | $669 | $2,070 |
Madison 4 Bedroom Apartments | $1,339 | $1,262 | $1,568 |
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 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 |
Lakeside Lakeview | 1 Bedroom, 1Bath view | 1BR,1BA | $900 |
Prosper Azalea City | A1D | 1BR,1BA | $919 |
Best Value Apartments for Rent in Madison, FL and Nearby
As of September 19, 2025 the best value apartment in the Madison area is the $1.12 price per square foot Azalea Model at The Gardens in the starting from $2,070. The second greatest value Madison apartment is the 3 Bed 3 Bath Model at 1412 Sustella Avenue starting at $740 with a $0.54 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 | Azalea | 3BR,2.5BA | $1.12 |
1412 Sustella Avenue | 3 Bed 3 Bath | 3BR,3BA | $0.54 |
Baytree Condominiums | Downstairs 2x2 with Side Patio | 2BR,2BA | $1.09 |
Bradley Bowen Townhomes | 2 Bed / 2.5 Bath Townhome | 2BR,2.5BA | $1.19 |
Jefferson Pines | Dynamic | 3BR,2BA | $1.13 |
Castlewood Apartments | 2 Bedroom | 2BR,2BA | $0.95 |
The Gates - Student Housing | 2BR/2BA Standard | 2BR,2BA | $0.66 |
Seth Place | 2BD/2.5B | 2BR,2.5BA | $1.12 |
The Retreat at Pineview | 1x1 | 1BR,1BA | $1.10 |
Preston Place Apartments | 1 Bedroom | 1BR,1BA | $0.74 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Madison, FL
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 $940 at Lakeside Lakeview.
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.

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.