
Cheap Apartments for Rent in Madison, GA from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.


Silver Lakes

Mary-Leila Lofts

University Garden

The Grove at Five Points
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.

MainStreet Walton Mill Senior Apartments

Cambridge Apartments

Total Monthly Price
Arbor Ridge

Magnolia Heights

Total Monthly Price
Arbours at Covington
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.

Covington Mill Village - 55+ SENIOR PROPERTY
Madison, GA Local Guide

How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Madison Studio Apartments | $1,084 | $838 | $1,479 |
| Cheap Madison 1 Bedroom Apartments | $1,501 | $733 | $2,500 |
| Cheap Madison 2 Bedroom Apartments | $1,711 | $525 | $3,400 |
| Cheap Madison 3 Bedroom Apartments | $2,049 | $785 | $3,078 |
| Cheap Madison 4 Bedroom Apartments | $934 | $555 | $1,795 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, GA Local Guide
- Madison Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Madison, GA
Pricing Updated: 02/25/2026Current apartment rentals in the Madison, GA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Madison Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Madison Lakes | $3,400 | $2,500 | 5 |
Cheapest Available Madison Apartments for Rent
 The cheapest available apartment rental in Madison, GA is a 1 Bed unit found at Mary-Leila Lofts priced from $733. University Garden in the Downtown Athens neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mary-Leila Lofts | One Bedroom | 1BR,1BA | $733 |
| University Garden | 1x1500 | 1BR,1BA | $749 |
| The Grove at Five Points | Studio 350 | Studio,1BA | $849 |
| Cambridge Apartments | The Lynnwood | 1BR,1BA | $895 |
| Arbor Ridge | A1R | 1BR,1BA | $1,101 |
Best Value Apartments for Rent in Madison, GA
As of February 26, 2026 the best value apartment in the Madison area is the $1.28 price per square foot Chappell Model at Quinn Residences at Covington Town Center in the in the Glen at Wildwood neighborhood starting from $2,275. The second greatest value Madison apartment is the Floorplan D Model at The Preserve starting at $1,799 with a $1.22 price per square foot in the Jennings Mill neighborhood. 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. |
|---|---|---|---|
| Quinn Residences at Covington Town Center | Chappell | 3BR,3.5BA | $1.28 |
| The Preserve | Floorplan D | 2BR,2.5BA | $1.22 |
| The Reserve at Jackson Highway | Four Bedroom | 4BR,2.5BA | $1.24 |
| Highland Park | 2 Bedroom, 2 1/2 Baths | 2BR,2.5BA | $1.04 |
| Enclave 425 | D3 | 4BR,4BA | $0.50 |
| Arbours at Covington | Two Bedroom | 2BR,2BA | $1.26 |
| Riverbend Club Apartments | 2BR/2BA (rent is per bedroom) | 2BR,2BA | $0.67 |
| Arbor Ridge | B2R | 2BR,2BA | $1.32 |
| The Reserve at Athens | 2x2 | 2BR,2BA | $0.92 |
| Mary-Leila Lofts | One Bedroom | 1BR,1BA | $1.00 |
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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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, GA Rentals by Map
See the most popular apartments and homes in Madison, GA
Frequently Asked Questions about Cheap Madison Apartments
What is the Cheapest Studio apartment in Madison?
Currently the most affordable Cheap Studio Apartment in Madison is at University Garden listed at $838.
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $733 at Mary-Leila Lofts.
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 $879 at Mary-Leila Lofts.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at Mary-Leila Lofts and starts from $1,005.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.