
Cheap Homes for Rent near Madison, KS from $600 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.


1143 N Forest Ave

201 S Merchant St

511 E 7th Ave

2 N Grant Ave

106 S Arthur St

10 Center St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

220 Ohio St

1413 Center St

101 S Allen Ave

1014 W 2nd Ave

1209 S Malcolm Ave

410 E Ohio St

418 State St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

304 W 7th St

919 Carr

1012 W Ash Ave

509 S Emporia St

201 W Olive Ave

901 W 7th St

896 West St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

125 S Wilson Ave
Madison, KS Local Guide

How much does it cost to rent a home in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison 2 Bedroom Homes for Rent | $918 | $650 | $1,300 |
| Madison 3 Bedroom Homes for Rent | $1,210 | $700 | $2,200 |
| Madison 4 Bedroom Homes for Rent | $1,518 | $1,000 | $2,100 |
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Madison, KS Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Indian Guide Terrace | 1 BR | 1BR,1BA | $250 |
| Courtyard Apartments | 1 bedroom 1 bathroom | 1BR,1BA | $425 |
| Terra Park Apartments | 1 Bedroom 1 Bathroom - Terra Park | 1BR,1BA | $551 |
| Bluestem Apartments | Two Bedroom | 2BR,1BA | $600 |
| Shannon Plaza Apartments | 1 Bedroom/ 1 Bath | 1BR,1BA | $625 |
Best Value Apartments for Rent in Madison, KS and Nearby
As of July 26, 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 428 Constitution St Model at 428 Constitution St, Unit 428 Constitution #1 remod starting at $1,000 with a $1.00 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. |
|---|---|---|---|
| The Collective at Lawrence | 4x4.5 Townhome | 4BR,4.5BA | $0.50 |
| 428 Constitution St, Unit 428 Constitution #1 remod | 428 Constitution St | 2BR,1BA | $1.00 |
| Brookfield Apartments & Townhomes | 2BR | 2BR,1BA | $0.91 |
| Riverview Condominiums | 2BR1B No Garage | 2BR,1BA | $0.84 |
| 811 State St | 2x2M | 2BR,2BA | $0.86 |
| Parkview | University 2x1 | 2BR,1BA | $0.84 |
| Heritage West | 2 Bedroom 1 Bath | 2BR,1BA | $1.06 |
| Bluestem Apartments | Two Bedroom | 2BR,1BA | $0.75 |
| Indian Guide Terrace | 1 BR | 1BR,1BA | $0.43 |
| Terra Park Apartments | 1 Bedroom 1 Bathroom - Terra Park | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Madison, KS
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 35 Apartments for Rent in Madison, KS with pricing that ranges from $410 to $2,330. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $650 to $2,200.
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 $650 to $2,200 with an average monthly rent of $1,131.
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 $575 to $2,330, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $2,200. 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.