Homes for Rent in Madison, IL Under $1,500 (68 Rentals)

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property at 330 Chambers Rd

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Now

330 Chambers Rd

St. LouisMO63137

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 948 Harlan Ave

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375
Total Monthly Price
$1,375

3 Bedroom, 1 Bath Home for Rent

Available Now

948 Harlan Ave

St. LouisMO63147
property at 214 Coburg Dr

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

3 Bedroom, 1 Bath Home for Rent

Available Now

214 Coburg Dr

St. LouisMO63137

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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property at 5222 N 20th St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

3 Bedroom, 1 Bath Home for Rent

Available Now

5222 N 20th St

St. LouisMO63107
Showing Results 1-50, Page 1 of 2

Madison, IL Local Guide

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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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, IL Rentals by Map

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See the most popular apartments and homes in Madison, IL

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Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 202 Apartments for Rent in Madison, IL with pricing that ranges from $585 to $1,950. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $495 to $2,250.

What is the current price range for Rental Homes in Madison?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison ranges from $495 to $2,250 with an average monthly rent of $1,137.

How much are larger Three and Four Bedroom Rentals in Madison?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison range from $903 to $1,545, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,540. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $1,385.

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

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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.

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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.