Cheap Apartments for Rent near Madison, MD from $465 (45 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
Chapline House II
1 to 2 Bedroom Apartments

Chapline House II

2703 Allnutt CtPrince Frederick, MD 20678
Senior Living
close
View Me
Harrison Ferry
1 to 2 Bedroom Apartments

Harrison Ferry

43 Delaware AveHurlock, MD 21643

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.

Read Article
close
View Me
Federal Manor
1 to 2 Bedroom Apartments

Federal Manor

101 Routzahn LnFederalsburg, MD 21632
  • Utilities Included
close
View Me
Caroline Apartments
1 to 2 Bedroom Apartments

Caroline Apartments

205 S 8th StDenton, MD 21629
Senior Living
  • Utilities Included
close
View Me
Mulberry Estates
1 to 2 Bedroom Apartments

Mulberry Estates

1020-1070 N Washington StEaston, MD 21601
  • Utilities Included
close
View Me
Admiral's Landing
2 to 3 Bedroom Apartments

Admiral's Landing

45970 Foxchase DrGreat Mills, MD 20634

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.

Read Article
property at 35 Clay St
$1,300 - $2,150
1 To 3 Bedroom Rentals
Available Jan 1, 2027
Affordability

35 Clay St

EastonMD21601
close
View Me
Seymour Apartments
1 to 2 Bedroom Apartments

Seymour Apartments

22645 Washington StLeonardtown, MD 20650
Corporate Housing
  • Utilities Included

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.

Read Article
Showing Results 1-45, Page 1 of 1

Madison, MD Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, MD is a 2 Beds unit found at Hudson Townhomes in the Blackwater Landing neighborhood priced from $626. Riverview Gardens in the Savannah Overlook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $670. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hudson Townhomes2 bed / 2 bath2BR,2BA$626
Riverview Gardens1 Bed, 1 bath1BR,1BA$670
Riverwoods at Denton1 BR w/Den- Phase III1BR,1BA$790
Stone Grove Crossing1 Bedroom1BR,1BA$1,063
Prospect Heights Apartments3BR 1.5BA3BR,1BA$1,132
Bradford House1 Bed 1 Bath1BR,1BA$1,176
Woods Crossing Apartments1x1 Jr1BR,1BA$1,200
Spring Valley Apartments2BR/2BA2BR,2BA$1,246
The Village at Slippery Hill Senior Apartments- 62+B1 - Two Bedroom2BR,1BA$1,265
Admiral's Landing2 Bedroom2BR,2BA$1,300

Best Value Apartments for Rent in Madison, MD and Nearby

As of September 14, 2026 the best value apartment in the Madison area is the $1.17 price per square foot Three Bedroom Model at The Reserves At Belle Ayre in the in the Mearfield neighborhood starting from $1,809. The second greatest value Madison apartment is the Topsail Renovated Model at Towns at Pax River, A Linden Community starting at $1,650 with a $1.28 price per square foot in the Pegg Run neighborhood. 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 Reserves At Belle AyreThree Bedroom3BR,2.5BA$1.17
Towns at Pax River, A Linden CommunityTopsail Renovated3BR,2BA$1.28
Parkside Village Apartments4 Beds, 2 baths4BR,2BA$1.10
Spring Valley Apartments3BR/2BA3BR,2BA$1.32
Oak Hill2 Bedroom Renovated Townhome2BR,1.5BA$1.28
Riverwoods at Denton1 BR w/Den- Phase III1BR,1BA$0.80
Admiral's Landing2 Bedroom2BR,2BA$1.41
The Village at Slippery Hill Senior Apartments- 62+B1 - Two Bedroom2BR,1BA$1.48
Stone Grove Crossing1 Bedroom1BR,1BA$1.38
Riverview Gardens1 Bed, 1 bath1BR,1BA$0.87

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
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Madison, MD Rentals by Map

Decorative image of map

See the most popular apartments and homes in Madison, MD

View Map
Madison, MD Apartments Map
View Map
Madison, MD Rental Homes Map

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 $670 at Riverview Gardens.

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 $626 at Hudson Townhomes.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Prospect Heights Apartments and starts from $1,132.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.