Cheap Apartments for Rent in Madison, GA from $500 (51 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

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
$1,037 - $1,643
Total Monthly Price

Total Monthly Price

Base Rent
$1,037 - $1,643
Total Monthly Price
$1,037 - $1,643
1 to 3 Bedroom Apartments Available Now

Arbor Ridge

150 Chateau TerAthens, GA 30606
Student Housing
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  • Customer Reviewed
  • 3D Tour
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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
$1,215 - $1,665
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $1,665
Total Monthly Price
$1,215 - $1,665
1 to 3 Bedroom Apartments Available Now

Park View Apartments

10920 By Pass RdCovington, GA 30014
Family Friendly
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  • Customer Reviewed
  • Utilities Included
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Cove at Covington
Rent Specials
$1,335 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,335 - $2,500
Total Monthly Price
$1,335 - $2,500
Studio to 3 Bedroom Apartments Available Now

Cove at Covington

12301 Town Center BlvdCovington, GA 30014
Luxury
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  • Customer Reviewed
  • 3D Tour

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
$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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Wisteria Ridge
$1,714 - $2,449
Total Monthly Price

Total Monthly Price

Base Rent
$1,714 - $2,449
Total Monthly Price
$1,714 - $2,449
1 to 3 Bedroom Apartments Contact Us For Availability

Wisteria Ridge

1062 Wisteria RdgWatkinsville, GA 30677
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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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property at 175 E Main St

$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Now

175 E Main St

RutledgeGA30663
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4135 Hunt St SW
3 Bedroom Apartments

4135 Hunt St SW

4135 Hunt St SWCovington, GA 30014
  • Utilities Included
property at 1020 Cupp Ln

$1,595

1 Bedroom, 1 Bath Condo for Rent

Available Now

1020 Cupp Ln

GreensboroGA30642
property at 401 Cuscowilla Dr

$1,595

1 Bedroom, 1 Bath Townhome for Rent

Available Now

401 Cuscowilla Dr

EatontonGA31024

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Madison, GA Local Guide

Cheapest Neighborhoods for Apartments in Madison, GA

Pricing Updated: 04/12/2026

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. Polo Club Athens in the Eastside Athens neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $822. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River Club Apartments4x44BR,4BA$714
Polo Club Athens4-4thq4BR,4BA$822
Mary-Leila LoftsOne Bedroom1BR,1BA$825
University GardenStudioStudio,1BA$838
The Grove at Five PointsStudio 350Studio,1BA$849
Cambridge ApartmentsThe Lynnfield1BR,1BA$955
Legacy Mill1x11BR,1BA$1,125
Fieldcrest WalkThe Dogwood1BR,1BA$1,170
Magnolia Heights2 Bedroom2BR,2BA$1,179
Highland Park2 Bedroom, 1 1/2 Bath2BR,1BA$1,195

Best Value Apartments for Rent in Madison, GA and Nearby

As of April 12, 2026 the best value apartment in the Madison area is the $1.04 price per square foot 2 Bedroom, 2 1/2 Baths Model at Highland Park in the in the Eastside Athens neighborhood starting from $1,395. The second greatest value Madison apartment is the D3 Model at Enclave 425 starting at $550 with a $0.46 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.
Highland Park2 Bedroom, 2 1/2 Baths2BR,2.5BA$1.04
Enclave 425D34BR,4BA$0.46
Magnolia Heights2 Bedroom2BR,2BA$1.03
Red Oak VillageTownhome2BR,2.5BA$1.06
Arbours at CovingtonTwo Bedroom2BR,2BA$1.26
Riverbend Club Apartments2BR/2BA (rent is per bedroom)2BR,2BA$0.64
River Club Apartments2x2 Deluxe2BR,2BA$0.80
The Reserve at Athens2x22BR,2BA$0.92
Cambridge ApartmentsThe Lynnfield1BR,1BA$1.27
Mary-Leila LoftsOne Bedroom1BR,1BA$1.13

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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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Quick 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.

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

Explore Madison, GA Rentals by Map

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See the most popular apartments and homes in Madison, GA

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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 $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 $789 at River Club Apartments.

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 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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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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.