Cheap Apartments for Rent in Madison, KS from $300 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Madison.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 244 W 8th Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

3 Bedroom, 1 Bath Home for Rent

Available Jul 1

244 W 8th Ave

GarnettKS66032

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.

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property at 211 W 3rd Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 2 Bath Home for Rent

Available Now

211 W 3rd Ave

GarnettKS66032

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Showing Results 1-36, Page 1 of 1

Madison, KS Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, KS is a 1 Bed unit found at Indian Guide Terrace priced from $250. Courtyard Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $425. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Indian Guide Terrace1 BR1BR,1BA$250
Courtyard Apartments1 bedroom 1 bathroom1BR,1BA$425
Terra Park Apartments1 Bedroom 1 Bathroom - Terra Park1BR,1BA$551
Bluestem ApartmentsTwo Bedroom2BR,1BA$600
ParkviewParkview 2x22BR,2BA$695
Four Seasons0X1-ERStudio,1BA$708
811 State St2x2S2BR,2BA$715
Riverview Condominiums2BR1B No Garage2BR,1BA$750
Brookfield Apartments & Townhomes2BR2BR,1BA$837
Union at the Loop1 Bed 1 Bath1BR,1BA$950

Best Value Apartments for Rent in Madison, KS and Nearby

As of June 18, 2026 the best value apartment in the Madison area is the $0.50 price per square foot 4x4.5 Townhome Model at The Collective at Lawrence in the in the Centennial neighborhood starting from $845. The second greatest value Madison apartment is the 930 N King St Model at 930 N King St, Unit 2 starting at $1,050 with a $1.05 price per square foot . Here is today’s list of the best values for Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Collective at Lawrence4x4.5 Townhome4BR,4.5BA$0.50
930 N King St, Unit 2930 N King St2BR,2BA$1.05
Brookfield Apartments & Townhomes2BR2BR,1BA$0.91
Riverview Condominiums2BR1B No Garage2BR,1BA$0.84
811 State St2x2M2BR,2BA$0.86
ParkviewUniversity 2x12BR,1BA$0.84
Bluestem ApartmentsTwo Bedroom2BR,1BA$0.75
Indian Guide Terrace1 BR1BR,1BA$0.43
Courtyard Apartments2 Bedroom 1 Bathroom2BR,1BA$1.00
Terra Park Apartments1 Bedroom 1 Bathroom - Terra Park1BR,1BA$1.11

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.

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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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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, KS Rentals by Map

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Frequently Asked Questions about Cheap Madison Apartments

How much is rent for a Cheap One Bedroom Madison Apartment?

The lowest price for a Cheap One Bedroom Madison Apartment is $250 at Indian Guide Terrace.

What is the lowest price for a Cheap Two Bedroom Madison Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madison is starting from $525 at Courtyard Apartments.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Courtyard Apartments and starts from $575.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

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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.