Cheap Homes for Rent in Madison, ME from $700 (13 Rentals)

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

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.

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.

Madison, ME Local Guide

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. Orchard Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
95-99 Maine Ave2 Bed/1 Bath2BR,1BA$800
Orchard Park Apartments1 Bedroom1BR,1BA$1,325
The Ridges1 BR, 1BA1BR,1BA$1,375
Manor Gardens2 Beds, 1.5 Baths2BR,1BA$1,475

Best Value Apartments for Rent in Madison, ME and Nearby

As of June 05, 2025 the best value apartment in the Madison area is the $0.86 price per square foot 59 High St Model at 59 High St, Unit 59 High St. Fairfield #2 in the starting from $1,800. The second greatest value Madison apartment is the 59 Summer St Model at 59 Summer St, Unit 2 starting at $1,450 with a $1.21 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.
59 High St, Unit 59 High St. Fairfield #259 High St3BR,2BA$0.86
59 Summer St, Unit 259 Summer St3BR,1BA$1.21
16 Ayer St, Unit A16 Ayer St3BR,1.5BA$1.55
Manor Gardens2 Beds, 1.5 Baths2BR,1.5BA$1.37
159 Perham St, Unit 1159 Perham St2BR,1BA$1.26
71 Bigelow Hill Rd, Unit B71 Bigelow Hill Rd1BR,1BA$1.22
Orchard Park Apartments1 Bedroom1BR,1BA$1.89
95-99 Maine Ave1 Bed/ 1 Bath1BR,1BA$1.14
29 Summer St, Unit 429 Summer St1BR,1BA$1.96
14 Dinsmore St, Unit 414 Dinsmore St1BR,1BA$1.88

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Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 36 Apartments for Rent in Madison, ME with pricing that ranges from $750 to $5,900. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $795 to $8,000.

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 $795 to $8,000 with an average monthly rent of $1,934.

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 $925 to $5,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,600. Four Bedroom Single-Family rentals are also available starting from $795 and Four Bedroom Apartments start at $1,500.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.