
Apartments for Rent in Madison, IL Under $1,500 (105 Rentals)


1534 7th St

2032 Milan Ave

809 Greenwood St

River Trace Townhomes

Total Monthly Price
2026 E Adelaide Ave, Unit Downstairs

Metro Apartments at Granite City

College Hill Apartments

College Hill Apartments

1527 E Grand Blvd
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.

Parsons Place

Rivertrail Apartments

River Pointe Apartments

The Georgetown Apartments

Villa Estates

Collins Terrace Apartments

Rivers Edge Apartments

Total Monthly Price
2030 E Fair Ave, Unit Fair ave

Edison Ave. Lofts

2556 Center St
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.

10700 Spring Garden Dr

416 Crawford Rd

138 Grampian Rd

10052 Diamond Dr

10219 Hobkirk Dr

618 N 2nd St

301 Estridge Rd

10518 Gretna Cir

212 Morgan St, Unit Apt. A

330 Chambers Rd

308 Lanark Rd

1218 Granite Ave

10071 Diamond Dr

2415 Jerden Ave

241 Grampian Rd

120 Mc Alpine Dr

948 Harlan Ave

457 Shepley Dr

317 Cameron Rd

2207 Angelica St

9301 Nelan Dr

701 N 1st St

232 Cameron Rd

515 Topaz Ave

329 Midlothian Rd

10309 Galloway Dr

9145 Frederick St

10201 Gourock Dr

303 Wilson Park Ln

212 Morgan St, Unit Apt. D
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 Under $1500 | $625 | $625 | $625 |
| Madison 1 Bedroom Apartments Under $1500 | $871 | $555 | $1,480 |
| Madison 2 Bedroom Apartments Under $1500 | $1,045 | $600 | $1,376 |
| Madison 3 Bedroom Apartments Under $1500 | $1,248 | $971 | $1,545 |
| Madison 4 Bedroom Apartments Under $1500 | $1,695 | $1,385 | $1,950 |
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Madison, IL Local Guide
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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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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!
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See the most popular apartments and homes in Madison, IL
Frequently Asked Questions about Madison
What is the current price range for One Bedroom Madison Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Madison ranges from $555 to $1,480 with an average monthly rent of $871.
What does renting a Two Bedroom Apartment in Madison cost?
The monthly rent prices of Two Bedroom Apartments currently available in Madison range from $600 to $1,376. Today's average rental price for Two Bedrooms here is $1,045.
How expensive are Madison Three Bedroom Apartments?
There are currently 28 Three Bedroom Apartments listings available in Madison on ApartmentHomeLiving.com. The pricing ranges from $971 to $1,545 - averaging $1,248 for the location.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.