6807 Crestview Dr
CrestwoodKY40014
Cheap Homes for Rent in Madison, IN from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
3755 N County Rd 600 W
ScipioIN47273
226 Yager Ave
La GrangeKY40031
102 Gaslight Dr
VersaillesIN47042
8801 W State Hwy 22
CrestwoodKY40014
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.
14633 IN-350
Moores HillIN47032
127 Locust St
CharlestownIN47111
11502 Rock Bass Ct
LouisvilleKY40241
987 W Vest St
ScottsburgIN47170
6401 Cameron Ln
CrestwoodKY40014
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.
1306 Heatherbourne Dr
La GrangeKY40031
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Madison, IN Local Guide
Madison-Buildings Around the Old River Town by LuAnn Snawder Photography is licensed under CC BY 2.0
How much does it cost to rent a home in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison 2 Bedroom Homes for Rent | $1,730 | $900 | $3,250 |
| Madison 3 Bedroom Homes for Rent | $2,360 | $1,350 | $5,000 |
| Madison 4 Bedroom Homes for Rent | $3,575 | $2,650 | $4,500 |
| Madison 5 Bedroom Homes for Rent | $5,950 | $4,500 | $7,400 |
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Explore Madison
Madison, IN Local Guide
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Cheapest Available Madison Apartments for Rent and Nearby
The cheapest available apartment rental in Madison, IN is a 1 Bed unit found at Gwen Gardens Apartments in the Northern Kentucky neighborhood priced from $470. Stonebrook of Scottsburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gwen Gardens Apartments | One Bedroom | 1BR,1BA | $470 |
| Stonebrook of Scottsburg | One Bedroom, One Bath, 650 Sq Ft | 1BR,1BA | $750 |
| Water's Edge | One Bedroom Reservation List | 1BR,1BA | $771 |
| 281 E Main St | One Bed, One Bath | 1BR,1BA | $775 |
| Meadow Creek Townhomes | 2 Bed | 2BR,1BA | $800 |
Best Value Apartments for Rent in Madison, IN and Nearby
As of December 11, 2025 the best value apartment in the Madison area is the $1.03 price per square foot The Sycamore Model at Forest Edge Apartments in the in the Outer Southern Indiana Clark County neighborhood starting from $1,570. The second greatest value Madison apartment is the 3 Bedroom Model at Oldham Oaks starting at $1,305 with a $0.97 price per square foot . Here is today’s list of the best values for Madison apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Forest Edge Apartments | The Sycamore | 3BR,2BA | $1.03 |
| Oldham Oaks | 3 Bedroom | 3BR,2BA | $0.97 |
| Maple Brook Apartments | B - Birchwood | 2BR,2BA | $1.13 |
| Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
| Buckner Pointe | 2 Bedroom | 2BR,2BA | $1.20 |
| Renaissance Park Apartments | New Construction Two Bedroom Two Bathroom | 2BR,2BA | $1.22 |
| Gwen Gardens Apartments | Two Bedroom | 2BR,2BA | $0.83 |
| 281 E Main St | One Bed, One Bath | 1BR,1BA | $0.97 |
| Meadow Creek Townhomes | 2 Bed | 2BR,1BA | $1.07 |
| Water's Edge | One Bedroom Reservation List | 1BR,1BA | $1.10 |
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.
Read Article
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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Explore Madison, IN Rentals by Map
See the most popular apartments and homes in Madison, IN
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 64 Apartments for Rent in Madison, IN with pricing that ranges from $470 to $3,153. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $900 to $7,400.
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 $900 to $7,400 with an average monthly rent of $3,403.
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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.