Cheap Apartments for Rent in Madison, MD from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.

Chapline House II

Riverview Gardens

61 Old Trappe Rd
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.

Chapline House - 62+ Senior Housing

Mulberry Estates

Spring Valley Apartments

Patuxent Crossing

Woods Crossing Apartments
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.

713 Robbins St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Madison, MD Local Guide

How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Studio Apartments | $2,254 | $1,262 | $3,531 |
Madison 1 Bedroom Apartments | $1,953 | $591 | $4,373 |
Madison 2 Bedroom Apartments | $2,318 | $465 | $4,790 |
Madison 3 Bedroom Apartments | $2,652 | $843 | $4,951 |
Madison 4 Bedroom Apartments | $3,449 | $1,109 | $4,049 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, MD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Madison Apartments for Rent and Nearby
 The cheapest available apartment rental in Madison, MD is a 2 Beds unit found at Riverwoods at Denton in the Savannah Overlook neighborhood priced from $465. The Village at Slippery Hill II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $585. Here is today’s list of the most affordable Madison apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Riverwoods at Denton | 2 BR- Phase I & II | 2BR,1BA | $465 |
The Village at Slippery Hill II | A1 - One Bedroom Apartment | 1BR,1BA | $585 |
Stone Grove Crossing | 1 Bedroom | 1BR,1BA | $878 |
Mulberry Estates | two bedroom | 2BR,1BA | $1,054 |
Spring Valley Apartments | 2BR/2BA | 2BR,2BA | $1,246 |
Best Value Apartments for Rent in Madison, MD and Nearby
As of June 27, 2025 the best value apartment in the Madison area is the $1.14 price per square foot Three Bedroom Model at The Reserves At Belle Ayre in the in the Mearfield neighborhood starting from $1,749. The second greatest value Madison apartment is the 3BR/2BA Model at Spring Valley Apartments starting at $1,561 with a $1.32 price per square foot in the Westbury Single Family 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. |
---|---|---|---|
The Reserves At Belle Ayre | Three Bedroom | 3BR,2.5BA | $1.14 |
Spring Valley Apartments | 3BR/2BA | 3BR,2BA | $1.32 |
Burnt Oaks | 2 Bedroom 2 Bath | 2BR,2BA | $1.91 |
Annapolis Roads | 2BR 2BA | 2BR,2BA | $1.99 |
Admiral's Landing | 2 Bedroom | 2BR,2BA | $1.41 |
The Residences at River Place | One Bedroom | 1BR,1BA | $1.80 |
Mulberry Estates | two bedroom | 2BR,1BA | $1.26 |
Riverwoods at Denton | 2 BR- Phase I & II | 2BR,1BA | $0.57 |
Stone Grove Crossing | 1 Bedroom | 1BR,1BA | $1.14 |
The Village at Slippery Hill II | A1 - One Bedroom Apartment | 1BR,1BA | $0.81 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, MD Rentals by Map
See the most popular apartments and homes in Madison, MD
Getting Around Madison, MD
Walk Score®
5 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
27 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $585 at The Village at Slippery Hill II.
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 $465 at Riverwoods at Denton.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at The Village at Slippery Hill II and starts from $799.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.