Cheap Homes for Rent in Madison, KS from $600 (10 Rentals)

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

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

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.

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

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.

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 2 Beds apartment currently listed from $525. 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 Apartments2 Bedroom 1 Bathroom2BR,1BA$525
811 State St2x2S2BR,2BA$525

Best Value Apartments for Rent in Madison, KS and Nearby

As of June 11, 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 3BR2B Model at Riverview Condominiums starting at $1,125 with a $0.85 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
Riverview Condominiums3BR2B3BR,2BA$0.85
930 N King St, Unit 2930 N King St2BR,2BA$1.05
Brookfield Apartments & Townhomes2BR2BR,1BA$0.91
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

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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!

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Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 32 Apartments for Rent in Madison, KS with pricing that ranges from $365 to $2,330. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $645 to $2,395.

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 $645 to $2,395 with an average monthly rent of $1,423.

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 $805 to $2,330, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $1,825. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $730.

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 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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.