
Cheap Apartments for Rent in Madison, ME from $800 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.


45 Elm St

73 Mt Pleasant Ave

1 Newhall St

7 Bennett Ave

58 Greenwood 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.

3 Elmwood Ave

282 Main St

172 College Ave

17 Edwards St

Mayo Mill

2 Front Pl
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.

29 Summer St, Unit 4

114 Bridge St

6 Kayla Ln

95-99 Maine Ave

347 Ridge Road

6-8 Union St
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.

70 Church St
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 | $1,682 | $1,275 | $1,825 |
| Madison 1 Bedroom Apartments | $1,610 | $850 | $2,750 |
| Madison 2 Bedroom Apartments | $1,806 | $1,000 | $2,995 |
| Madison 3 Bedroom Apartments | $1,785 | $1,450 | $2,750 |
| Madison 4 Bedroom Apartments | $1,650 | $1,650 | $1,650 |
Browse Top Apartments in Madison
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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 1 Bed unit found at Mountain View Apartments priced from $850. Mayo Mill has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,122. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain View Apartments | 1x1 | 1BR,1BA | $850 |
| Mayo Mill | 2BR | 2BR,2BA | $1,122 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1,225 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1,250 |
| 102 Knox St | Two Bed One Bath | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Madison, ME and Nearby
As of January 26, 2026 the best value apartment in the Madison area is the $1.10 price per square foot Four Bed Two Bath Model at 102 Knox St in the starting from $1,650. The second greatest value Madison apartment is the 2BR Model at Mayo Mill starting at $1,122 with a $1.06 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. |
|---|---|---|---|
| 102 Knox St | Four Bed Two Bath | 4BR,2BA | $1.10 |
| Mayo Mill | 2BR | 2BR,2BA | $1.06 |
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.91 |
| 51 Northern Avenue Hts | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
| 98 High St | 2 Bedroom 1 Bath | 2BR,1BA | $1.80 |
| 7-9 Irene St | Two Bedroom One Bath | 2BR,1BA | $1.55 |
| 29 Summer St, Unit 4 | 29 Summer St | 1BR,1BA | $1.57 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.89 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1.88 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1.92 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
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
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 Fallview at 186 Main Street listed at $1,700.
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 The Spinning Mill and starts from $2,750.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.