
Cheap Homes for Rent in Madison, ME from $700 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.


13 Center St

122 Benton 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.

72 Park Dr

5 Hilltop Dr

25 Maine Ave
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.

108 D St

102 G St

555 Holley Rd

16 Hilltop Dr

1635 Lewiston Rd

23 Ash St

26 Iron Mine Hill MHP
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.
Madison, ME Local Guide

How much does it cost to rent a home in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison 2 Bedroom Homes for Rent | $1,981 | $1,200 | $5,900 |
Madison 3 Bedroom Homes for Rent | $2,420 | $1,350 | $6,850 |
Madison 4 Bedroom Homes for Rent | $2,060 | $1,500 | $2,500 |
Browse Top Homes for Rent 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 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 |
Summerhaven Apartments | 1 Bedroom | 1BR,1BA | $1,225 |
Riverview Apartments | 1 BR / 1 BA | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Madison, ME and Nearby
As of September 10, 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
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 39 Apartments for Rent in Madison, ME with pricing that ranges from $500 to $2,750. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $700 to $6,850.
What is the current price range for Rental Homes in Madison?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison ranges from $700 to $6,850 with an average monthly rent of $2,000.
How much are larger Three and Four Bedroom Rentals in Madison?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison range from $1,595 to $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $6,850. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,700.
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.