62 Main St
DexterME04930
Cheap Homes for Rent in Madison, ME from $1,000 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
30 Park Dr
CanaanME04924
171 Oak St
LewistonME04240
13 Center St
WatervilleME04901
17 Mechanic St
GardinerME04345
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.
36 Monroe St
AugustaME04330
25 Maine Ave
RumfordME04276
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$1,2001 Bedroom Apartments Available Now
281 Main St, Unit 302
281 Main StWaterville, ME 04901
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$1,2002 Bedroom Apartments Available Now
2 Danielson St, Unit 6
2 Danielson StWinslow, ME 04901
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.
29 Joey Ln
AugustaME04330
36 Prospect St
AugustaME04330
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$1,3401 Bedroom Apartments Available Now
132 Spring St, Unit 5
132 Spring StAuburn, ME 04210
117 Pierce St
LewistonME04240
9 West Rd
BelgradeME04917
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.
20 Academy St
HallowellME04347
6 Osborne St
FairfieldME04937
Showing Results 1-17, Page 1 of 1
Madison, ME Local Guide
Viburnum Standish by InAweofGod'sCreation is licensed under CC BY 2.0
How much does it cost to rent a home in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison 2 Bedroom Homes for Rent | $1,585 | $1,000 | $2,500 |
| Madison 3 Bedroom Homes for Rent | $1,816 | $1,400 | $2,500 |
| Madison 4 Bedroom Homes for Rent | $2,433 | $1,650 | $3,950 |
| Madison 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Madison
Explore Madison
Madison, ME Local Guide
- Nearby Cities
- ZIP codes
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain View Apartments | 1x1 | 1BR,1BA | $850 |
| Edgewater Village | 1x1 | 1BR,1BA | $851 |
| Appleton Apartments | Studio | Studio,1BA | $1,050 |
| Summerhaven Apartments | 1 Bedroom | 1BR,1BA | $1,225 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1,225 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mayo Mill | B111 | 2BR,1BA | $1.34 |
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.91 |
| Rivers Edge | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
| Lombard Estate | 3 Bedroom | 3BR,2BA | $1.75 |
| 7-9 Irene St | Two Bedroom One Bath | 2BR,1BA | $1.55 |
| 102 Knox St | Two Bed One Bath | 2BR,1BA | $1.42 |
| 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 |
| 113 Watson Pond Rd, Unit Beautiful Sunny 1 BR apt. | 113 Watson Pond Rd | 1BR,1BA | $1.85 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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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Best Local Schools in Madison, ME
Madison Elementary School
Regional School Unit 59 Msad 59
Public School - Grades PK-5 (239)
2 out of 10
Madison Area Memorial High School
Regional School Unit 59 Msad 59
Public School - Grades 9-12 (184)
3 out of 10
Madison Junior High School
Regional School Unit 59 Msad 59
Public School - Grades K-8 (152)
4 out of 10
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 52 Apartments for Rent in Madison, ME with pricing that ranges from $850 to $2,750. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $1,000 to $3,950.
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 $1,000 to $3,950 with an average monthly rent of $2,022.
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
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.
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.
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.
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.