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$502 - $519
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityBeardsley Apartments
210 4th Ave WBeardsley, MN 56211
Cheap Apartments for Rent in Madison, MN from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.
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$625 - $761
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRC Square Apartments
1116 Birch StMarshall, MN 56258
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$691 - $1,161
Plus Fees
Studio to 2 Bedroom Apartments Available NowSterling Manor Apartments
501 28th Ave SWWillmar, MN 56201
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Rent Specials
$705
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$701
Required Monthly Fees
$4
Total Monthly Price
$705
Natures Edge Partners LLC
105 Sunnyslope RdMorris, MN 56267
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$725 - $1,525
Plus Fees
1 to 3 Bedroom Apartments Available NowThe Rock Apartments
1040-1090 17th StGranite Falls, MN 56241
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$750 - $1,095Studio to 2 Bedroom Apartments Available Now
Southland Court
818 Southland LnBrookings, SD 57006
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$795 - $1,695
Plus Fees
Studio to 4 Bedroom Apartments Available NowThe Nexus
231-235 Legion Field RdMarshall, MN 56258
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.
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$795
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityBethel On Bryant
419-427 Bryant Ave NWRenville, MN 56284
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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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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.
308 S 3rd St
MilanMN56262
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312 S 3rd St
MilanMN56262
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.
314 S 3rd St
MilanMN56262
605 Pleasant Ave
MarshallMN56258
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Showing Results 1-28, Page 1 of 1
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 | $890 | $691 | $1,155 |
| Madison 1 Bedroom Apartments | $1,134 | $502 | $1,980 |
| Madison 2 Bedroom Apartments | $1,342 | $625 | $1,980 |
| Madison 3 Bedroom Apartments | $1,538 | $945 | $1,895 |
| Madison 4 Bedroom Apartments | $1,546 | $1,350 | $1,695 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Madison Apartments for Rent and Nearby
The cheapest available apartment rental in Madison, MN is a 1 Bed unit found at Beardsley Apartments priced from $519. RC Square Apartments in the Downtown Marshall neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beardsley Apartments | One Bedroom | 1BR,1BA | $519 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
| Sterling Manor Apartments | Studio | Studio,1BA | $691 |
| Natures Edge Partners LLC | 1B1B MKT | 1BR,1BA | $705 |
| The Rock Apartments | GF: 1 Bed 1 Bath | 1BR,1BA | $725 |
| Southland Court | Studio - B | Studio,1BA | $750 |
| Somerset Properties | Two Bedroom B - By The Lake | 2BR,1BA | $870 |
| 505 15th Ave SW | 2 bed 1 bath | 2BR,1BA | $975 |
| Marketplace Apartments | N | 1BR,1BA | $980 |
| Edgeview Apartments | 1031 - 1BR/1BA ADA | 1BR,1BA | $995 |
Best Value Apartments for Rent in Madison, MN and Nearby
As of September 18, 2025 the best value apartment in the Madison area is the $1.04 price per square foot 2 Bed Model at 105 Carly Dr in the starting from $1,200. The second greatest value Madison apartment is the 235 - 3 BR/1 BA Model at The Nexus starting at $1,495 with a $1.33 price per square foot in the Downtown Marshall neighborhood. 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. |
|---|---|---|---|
| 105 Carly Dr | 2 Bed | 2BR,1.5BA | $1.04 |
| The Nexus | 235 - 3 BR/1 BA | 3BR,1BA | $1.33 |
| Wilkeshire Apartments | 1080 sf 2b/1b | 2BR,1BA | $1.11 |
| Marketplace Apartments | K | 2BR,2BA | $1.39 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.58 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.40 |
| 505 15th Ave SW | 2 bed 1 bath | 2BR,1BA | $1.39 |
| Block 100 | One Bedroom | 1BR,1BA | $1.50 |
| Somerset Properties | One Bedroom + Den - By The Lake | 1BR,1BA | $1.49 |
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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)
6 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
Getting 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 Sterling Manor Apartments listed at $691.
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $519 at Beardsley 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 $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 Somerset Properties and starts from $1,022.
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.