309 Walnut St
MadisonIN47250
Cheap Homes for Rent in Madison, IN from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
509 W 3rd St
SeymourIN47274
306 West St
MadisonIN47250
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.
91 N Pike St
VernonIN47282
102 Gaslight Dr
VersaillesIN47042
746 West St
BedfordKY40006
68 Ridgetop Dr
PendletonKY40055
449 N New Albany St
SellersburgIN47172
226 Yager Ave
La GrangeKY40031
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.
822 S Walnut St
SeymourIN47274
362 Popp Ave
SellersburgIN47172
2985 State Hwy 7
North VernonIN47265
157 Agin Way
MiltonKY40045
Showing Results 1-13, Page 1 of 1
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 | $1,495 | $850 | $2,300 |
| Madison 3 Bedroom Homes for Rent | $2,411 | $950 | $5,000 |
| Madison 4 Bedroom Homes for Rent | $3,523 | $1,850 | $6,500 |
| Madison 5 Bedroom Homes for Rent | $3,900 | $3,300 | $4,500 |
Browse Top Homes for Rent in Madison
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 Stonebrook of Scottsburg priced from $750. Water's Edge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $771. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stonebrook of Scottsburg | A1 | 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 |
| Chamberlain Oaks | One Bedroom | 1BR,1BA | $810 |
Best Value Apartments for Rent in Madison, IN and Nearby
As of June 10, 2025 the best value apartment in the Madison area is the $1.09 price per square foot 3 Bedroom Model at Oldham Oaks in the starting from $1,475. The second greatest value Madison apartment is the The Sequoia Model at Forest Edge Apartments starting at $1,475 with a $1.19 price per square foot in the Outer Southern Indiana Clark County neighborhood. 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. |
|---|---|---|---|
| Oldham Oaks | 3 Bedroom | 3BR,2BA | $1.09 |
| Forest Edge Apartments | The Sequoia | 2BR,2BA | $1.19 |
| Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
| Lakeview Apartments | 2 BEDROOM 2 BATHROOM B | 2BR,2BA | $1.12 |
| Renaissance Park Apartments | New Construction Two Bedroom Two Bathroom | 2BR,2BA | $1.18 |
| 281 E Main St | One Bed, One Bath | 1BR,1BA | $0.97 |
| Stonebrook of Scottsburg | B1 | 2BR,1BA | $1.23 |
| Meadow Creek Townhomes | 2 Bed | 2BR,1BA | $1.07 |
| Chamberlain Oaks | One Bedroom | 1BR,1BA | $1.15 |
| Water's Edge | One Bedroom Reservation List | 1BR,1BA | $1.10 |
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Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 59 Apartments for Rent in Madison, IN with pricing that ranges from $771 to $4,876. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $700 to $6,500.
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 $700 to $6,500 with an average monthly rent of $2,427.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.