Cheap Apartments for Rent in Madison, ME from $800 (44 Rentals)

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

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Edgewater Village
$851 - $972
Total Monthly Price

Total Monthly Price

Base Rent
$851 - $972
Total Monthly Price
$851 - $972
1 Bedroom Apartments Available Now

Edgewater Village

126 Willow Springs DrFarmington, ME 04938
Senior Living
  • Verified
  • Utilities Included
  • Low Income

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.

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property at 4 Prescelly Dr

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1 Bath Townhome for Rent

Available Jun 1

4 Prescelly Dr, Unit 4C, Unit 4C

4 Prescelly Dr
SkowheganME04976

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.

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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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property at 9 West Rd

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Jun 1

9 West Rd

BelgradeME04917
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95-99 Maine Ave
1 to 4 Bedroom Apartments

95-99 Maine Ave

95-99 Maine AveRumford, ME 04276
  • Utilities Included
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347 Ridge Road
Studio to 3 Bedroom Apartments

347 Ridge Road

347 Ridge RoadFairfield, ME 04937
  • Utilities Included

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.

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6-8 Union St
1 to 3 Bedroom Apartments

6-8 Union St

6-8 Union StWaterville, ME 04901
  • Utilities Included
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Riverview - Maine
1 to 2 Bedroom Apartments

Riverview - Maine

16 Penobscot StAugusta, ME 04330
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23 Clinton Ave
1 to 3 Bedroom Apartments

23 Clinton Ave

23 Clinton AveWinslow, ME 04901

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.

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102 Knox St
2 to 4 Bedroom Apartments

102 Knox St

102 Knox StLewiston, ME 04240
Cost Per Sq.Ft.
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Showing Results 1-44, Page 1 of 1

Madison, ME Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, ME is a 1 Bed unit found at Mountain View Apartments priced from $850. Edgewater Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $851. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mountain View Apartments1x11BR,1BA$850
Edgewater Village1x11BR,1BA$851
Appleton ApartmentsStudioStudio,1BA$1,050
Summerhaven Apartments1 Bedroom1BR,1BA$1,225
Riverview - Maine1 Bedroom1BR,1BA$1,225
23 Clinton Ave1 Bedroom1BR,1BA$1,250
102 Knox StTwo Bed One Bath2BR,1BA$1,275
Lombard Estate1 Bedroom1BR,1BA$1,300
Orchard Park Apartments1 Bedroom1BR,1BA$1,325

Best Value Apartments for Rent in Madison, ME and Nearby

As of May 07, 2026 the best value apartment in the Madison area is the $1.34 price per square foot B111 Model at Mayo Mill in the starting from $1,670. The second greatest value Madison apartment is the 2 Bedroom Model at Stable Ridge Apartments starting at $1,975 with a $1.91 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.
Mayo MillB1112BR,1BA$1.34
Stable Ridge Apartments2 Bedroom2BR,1BA$1.91
Rivers Edge2 Bedroom 1 Bath2BR,1BA$1.55
Lombard Estate3 Bedroom3BR,2BA$1.75
7-9 Irene StTwo Bedroom One Bath2BR,1BA$1.55
102 Knox StTwo Bed One Bath2BR,1BA$1.42
Orchard Park Apartments1 Bedroom1BR,1BA$1.89
Riverview - Maine1 Bedroom1BR,1BA$1.88
23 Clinton Ave1 Bedroom1BR,1BA$1.92
113 Watson Pond Rd, Unit Beautiful Sunny 1 BR apt.113 Watson Pond Rd1BR,1BA$1.85

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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.

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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.

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Madison, ME

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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 Appleton Apartments listed at $1,050.

How much is rent for a Cheap One Bedroom Madison Apartment?

The lowest price for a Cheap One Bedroom Madison Apartment is $850 at Mountain View Apartments.

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 $1,025 at Mountain View Apartments.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Lombard Estate and starts from $1,750.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.