
Cheap Apartments for Rent in Madison, ME from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.


Mountain View Apartments

16 Western Ave
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.

59 Washington St

63 Patterson St
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.

13 Center St

122 Benton Ave
Madison, ME Local Guide

How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Studio Apartments | $970 | $500 | $1,395 |
Madison 1 Bedroom Apartments | $1,496 | $850 | $2,250 |
Madison 2 Bedroom Apartments | $1,609 | $885 | $2,219 |
Madison 3 Bedroom Apartments | $1,869 | $1,595 | $2,750 |
Madison 4 Bedroom Apartments | $1,700 | $1,700 | $1,700 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, ME Local Guide
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Cheapest Available Madison Apartments for Rent and Nearby
 The cheapest available apartment rental in Madison, ME is a 2 Beds unit found at 95-99 Maine Ave priced from $800. Mountain View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Madison apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
95-99 Maine Ave | 2 Bed/1 Bath | 2BR,1BA | $800 |
Mountain View Apartments | 1x1 | 1BR,1BA | $850 |
Mayo Mill | 2BR | 2BR,2BA | $1,122 |
Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1,325 |
23 Clinton Ave | 2 Bedroom | 2BR,1BA | $1,375 |
Best Value Apartments for Rent in Madison, ME and Nearby
As of September 09, 2025 the best value apartment in the Madison area is the $1.34 price per square foot B112 Model at Mayo Mill in the starting from $1,675. The second greatest value Madison apartment is the 2 Bedroom Model at Stable Ridge Apartments starting at $1,900 with a $1.84 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. |
---|---|---|---|
Mayo Mill | B112 | 2BR,1BA | $1.34 |
Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.84 |
The Ridges | Furnished 1 BR, 1 BA, Large Office/Den | 1BR,1BA | $2.20 |
95-99 Maine Ave | 4 Bed/ 1 Bath | 4BR,1BA | $1.25 |
23 Clinton Ave | 2 Bedroom | 2BR,1BA | $1.79 |
Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.89 |
13 Center St, Unit 3 | 13 Center St | 1BR,1BA | $1.71 |
Mount Auburn Apartments | One Bedroom-AA | 1BR,1BA | $2.38 |
113 Watson Pond Rd, Unit 1 | 113 Watson Pond Rd | 1BR,1BA | $2.15 |
Summerhaven Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.04 |
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Best Local Schools in Madison, ME
Madison Elementary School
Madison Area Memorial High School
Madison Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, ME Rentals by Map
See the most popular apartments and homes in Madison, ME
Getting Around Madison, ME
Walk Score®
31 / 100
Car-Dependent
Most errands require a car
Bike Score®
32 / 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 $800 at 95-99 Maine Ave.
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 $800 at 95-99 Maine Ave.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at 95-99 Maine Ave and starts from $925.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

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.

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.