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Natures Edge Partners LLC
105 Sunnyslope RdMorris, MN 56267
Cheap Apartments for Rent in Madison, MN from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.
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from $5021 Bedroom Apartments Contact Us For Availability
Beardsley Apartments
210 4th Ave WBeardsley, MN 56211
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from $6751 to 2 Bedroom Apartments Available Now
The Rock Apartments
1040-1090 17th StGranite Falls, MN 56241
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from $6951 to 2 Bedroom Apartments Available Aug 1
Lamplighter Apartments
201 W 5th StMorris, MN 56267
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from $775Studio to 3 Bedroom Apartments Available Jul 25
Innovation Village
2405 10th StBrookings, SD 57006
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from $7911 to 2 Bedroom Apartments Available Now
Somerset Properties
1401-1405 19th Ave SEWillmar, MN 56201
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.
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from $795Studio to 4 Bedroom Apartments Available Now
The Nexus
231-235 Legion Field RdMarshall, MN 56258
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from $8001 to 2 Bedroom Apartments Available Now
Nyberg Apartments 55+
1709 5th St SWWillmar, MN 56201
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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.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Madison, MN Local Guide
Sunset at the Buffalo Ridge wind farm by Nic McPhee is licensed under CC BY 2.0
How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Studio Apartments | $896 | $775 | $1,100 |
| Madison 1 Bedroom Apartments | $1,134 | $502 | $1,885 |
| Madison 2 Bedroom Apartments | $1,320 | $625 | $1,880 |
| Madison 3 Bedroom Apartments | $1,613 | $1,000 | $1,925 |
| Madison 4 Bedroom Apartments | $1,546 | $1,350 | $1,695 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, MN Local Guide
- Nearby Cities
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Cheapest Available Madison Apartments for Rent and Nearby
The cheapest available apartment rental in Madison, MN is a 1 Bed unit found at Natures Edge Partners LLC priced from $25. Beardsley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $519. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Natures Edge Partners LLC | 1B1B Subsidy | 1BR,1BA | $25 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $519 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
| The Nexus | 233 - Studio B/1 BA | Studio,1BA | $795 |
| Wildwood Apartments | 2BR/1.0BA | 2BR,1BA | $815 |
Best Value Apartments for Rent in Madison, MN and Nearby
As of June 29, 2025 the best value apartment in the Madison area is the $1.30 price per square foot 901D Briarwood Model at Briarwood Estates in the in the Downtown Marshall neighborhood starting from $1,300. The second greatest value Madison apartment is the Two Bedroom A - Somerset Model at Somerset Properties starting at $886 with a $0.94 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. |
|---|---|---|---|
| Briarwood Estates | 901D Briarwood | 3BR,2BA | $1.30 |
| Somerset Properties | Two Bedroom A - Somerset | 2BR,1BA | $0.94 |
| Wildwood Apartments | 2BR/1.0BA | 2BR,1BA | $0.89 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.58 |
| Nyberg Apartments 55+ | 2 Bed | 2BR,1BA | $1.00 |
| Cardinal Estates | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Block 25 Lofts | Sunrise | 1BR,1BA | $1.35 |
| Block 100 | One Bedroom | 1BR,1BA | $1.57 |
| Natures Edge Partners LLC | 1B1B Subsidy | 1BR,1BA | $0.05 |
Quick Rent Budget Calculator
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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, MN
Madison-Marietta-Nassau Elementary
Lac Qui Parle Valley School Dist.
Public School - Grades PK-4 (140)
4 out of 10
Lac Qui Parle Valley Secondary
Lac Qui Parle Valley School Dist.
Public School - Grades 7-12 (334)
5 out of 10
Lac Qui Parle Valley Middle School
Lac Qui Parle Valley School Dist.
Public School - Grades 5-6 (125)
3 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, MN Rentals by Map
See the most popular apartments and homes in Madison, MN
Madison, MN Apartments MapMadison, MN Rental Homes MapGetting Around Madison, MN
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some 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
What is the Cheapest Studio apartment in Madison?
Currently the most affordable Cheap Studio Apartment in Madison is at The Nexus listed at $795.
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $25 at Natures Edge Partners LLC.
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 $625 at RC Square Apartments.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at 1301 24th St NW and starts from $1,150.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.
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.
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.