Cheap Apartments for Rent in Madison, GA from $500 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in Madison.

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Canaan Crossing
1 to 3 Bedroom Apartments

Canaan Crossing

1200 Wheat StMadison, GA 30650
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Silver Lakes
1 to 2 Bedroom Apartments

Silver Lakes

439 W Jefferson StMadison, GA 30650
Senior Living
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Carmichael Commons
1 to 3 Bedroom Apartments

Carmichael Commons

1201 Currybury DrMadison, GA 30650

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.

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Arbor Ridge
Rent Specials
$1,019 - $1,449
Total Monthly Price

Total Monthly Price

Base Rent
$1,019 - $1,449
Total Monthly Price
$1,019 - $1,449
1 to 3 Bedroom Apartments Available Now

Arbor Ridge

150 Chateau TerAthens, GA 30606
Student Housing
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  • Customer Reviewed
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Arbours at Covington
$1,040 - $1,540
Total Monthly Price

Total Monthly Price

Base Rent
$1,040 - $1,540
Total Monthly Price
$1,040 - $1,540
1 to 3 Bedroom Apartments Available Now

Arbours at Covington

10544 Highway 36Covington, GA 30014
Affordability
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  • Customer Reviewed
  • Utilities Included

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.

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Park View Apartments
Rent Specials
$1,215 - $1,765
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $1,765
Total Monthly Price
$1,215 - $1,765
1 to 3 Bedroom Apartments Available Now

Park View Apartments

10920 By Pass RdCovington, GA 30014
Pet Friendly
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  • Utilities Included

Cash 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.

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Cove at Covington
Rent Specials
$1,432 - $2,982
Total Monthly Price

Total Monthly Price

Base Rent
$1,432 - $2,982
Total Monthly Price
$1,432 - $2,982
Studio to 3 Bedroom Apartments Available Now

Cove at Covington

12301 Town Center BlvdCovington, GA 30014
Luxury
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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.

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Grand Preserve
Rent Specials
$1,644 - $2,009
Total Monthly Price

Total Monthly Price

Base Rent
$1,644 - $2,009
Total Monthly Price
$1,644 - $2,009
1 to 3 Bedroom Apartments Available Now

Grand Preserve

355 The Preserve DrAthens, GA 30606
Pet Friendly
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4135 Hunt St SW
3 Bedroom Apartments

4135 Hunt St SW

4135 Hunt St SWCovington, GA 30014
  • Utilities Included

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.

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Madison, GA Local Guide

Cheapest Neighborhoods for Apartments in Madison, GA

Pricing Updated: 05/28/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Madison Lakes$3,425$2,5252

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, GA is a 4 Beds unit found at River Club Apartments in the South Lumpkin neighborhood priced from $714. Canaan Crossing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $737. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River Club Apartments4x44BR,4BA$714
Canaan Crossing2 Bdrm2BR,1BA$737
Grove at Five PointsStudio 350Studio,1BA$807
Mary-Leila LoftsOne Bedroom1BR,1BA$825
University Garden1x1hr1BR,1BA$854
1287 Shoals ApartmentsClassic Gardenia2BR,2BA$1,087
Leaf Stone ApartmentsBradford1BR,1BA$1,100
Fieldcrest WalkThe Dogwood1BR,1BA$1,170
Magnolia Heights2 Bedroom2BR,2BA$1,179
Arbor RidgeA1R1BR,1BA$1,182

Best Value Apartments for Rent in Madison, GA and Nearby

As of May 28, 2026 the best value apartment in the Madison area is the $0.52 price per square foot 3 Beds, 2 baths Model at 4135 Hunt St SW in the in the Glen at Wildwood neighborhood starting from $1,205. The second greatest value Madison apartment is the 3 Bedroom, 2 1/2 Baths Model at Highland Park starting at $1,650 with a $1.03 price per square foot in the Eastside Athens neighborhood. Here is today’s list of the best values for Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4135 Hunt St SW3 Beds, 2 baths3BR,2BA$0.52
Highland Park3 Bedroom, 2 1/2 Baths3BR,2.5BA$1.03
The Reserve at Athens4x44BR,4BA$0.49
River Club Apartments3x3 Deluxe3BR,3BA$0.64
Magnolia Heights2 Bedroom2BR,2BA$1.03
Red Oak VillageTownhome2BR,2.5BA$1.20
Arbours at CovingtonTwo Bedroom2BR,2BA$1.26
Riverbend Club Apartments4BR/2BA (rent is per bedroom)4BR,2BA$0.46
Canaan Crossing2 Bdrm2BR,1.5BA$0.75
Mary-Leila LoftsOne Bedroom1BR,1BA$1.13

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Madison, GA Rentals by Map

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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 $825 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 $737 at Canaan Crossing.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at River Club Apartments and starts from $749.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.