2 Bedroom Apartments for Rent in Madison, IL Under $1,500 (22 Rentals)

Metro Apartments at Granite City

Collins Terrace Apartments

The New Broadview

Rivers Edge Apartments

Parsons Place Apartments

Villa St Cyr Apartments

River Pointe Apartments

2026 E Adelaide Ave, Unit Downstairs

844 Canaan Ave, Unit 1st Floor

4062 Bruene Ave

2417 Edison Ave

2423 Lincoln Ave
Madison, IL Local Guide

How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Studio Apartments | $620 | $620 | $620 |
Madison 1 Bedroom Apartments | $738 | $527 | $1,450 |
Madison 2 Bedroom Apartments | $1,021 | $624 | $1,445 |
Madison 3 Bedroom Apartments | $1,211 | $750 | $1,525 |
Madison 4 Bedroom Apartments | $1,648 | $1,355 | $1,920 |
Explore Madison
Madison, IL Local Guide
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Quick Rent Budget Calculator
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Getting Around Madison, IL
Walk Score®
32 / 100
Car-Dependent
Most errands require a car
Bike Score®
38 / 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 2 Bedroom Madison Apartments
How much is the average rent for a 2 Bedroom Madison Apartment?
The average rent for a 2 Bedroom Apartment in Madison is $1,021.
What is the largest available 2 Bedroom Madison Apartment for rent?
Today's apartment with the most square footage in Madison is a 1,357 square feet unit starting from $1,100 at Villa St Cyr Apartments.
What is the average size for Madison 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Madison is currently 973 sq ft.
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.