Cheap Apartments for Rent in Madison, MD from $400 (18 Rentals)

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

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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Harrison Ferry
1 to 2 Bedroom Apartments

Harrison Ferry

43 Delaware AveHurlock, MD 21643
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Federal Manor
1 Bedroom Apartments

Federal Manor

101 Routzahn LnFederalsburg, MD 21632
  • Utilities Included

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Caroline Apartments
1 Bedroom Apartments

Caroline Apartments

205 S 8th StDenton, MD 21629
  • Utilities Included

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.

Madison, MD Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, MD is a 1 Bed unit found at Riverview Gardens in the Savannah Overlook neighborhood priced from $670. The Village at Slippery Hill II has the second lowest priced unit, which is a 3 Beds apartment currently listed from $799. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview Gardens1 Bed, 1 bath1BR,1BA$670
The Village at Slippery Hill IIC2 - Three Bedroom Townhome3BR,2BA$799
Stone Grove Crossing1 Bedroom1BR,1BA$878
Riverwoods at Denton1 BR- Phase I & II1BR,1BA$899
Mulberry Estatestwo bedroom2BR,1BA$1,054

Best Value Apartments for Rent in Madison, MD and Nearby

As of July 30, 2025 the best value apartment in the Madison area is the $0.78 price per square foot C3 - Three Bedroom Townhome Model at The Village at Slippery Hill II in the starting from $1,120. The second greatest value Madison apartment is the Topsail Renovated Model at Towns at Pax River, A Linden Community starting at $1,715 with a $1.33 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 Village at Slippery Hill IIC3 - Three Bedroom Townhome3BR,2BA$0.78
Towns at Pax River, A Linden CommunityTopsail Renovated3BR,2BA$1.33
Spring Valley Apartments3BR/2BA3BR,2BA$1.32
The Apartments of Wildewood(Piney Point)Grammercy2BR,2BA$1.80
Admiral's Landing2 Bedroom2BR,2BA$1.41
The Residences at River PlaceOne Bedroom1BR,1BA$1.80
Mulberry Estatestwo bedroom2BR,1BA$1.26
Riverview Gardens1 Bed, 1 bath1BR,1BA$0.87
Stone Grove Crossing1 Bedroom1BR,1BA$1.14
Riverwoods at Denton1 BR- Phase I & II1BR,1BA$1.41

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

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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

Frequently Asked Questions about Cheap Madison Apartments

What is the Cheapest Studio apartment in Madison?

Currently the most affordable Cheap Studio Apartment in Madison is at St. Marys Landing Apartments and Townhomes listed at $1,360.

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 $715 at Riverview Gardens.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.

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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.