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$5752 Bedroom Apartments Available Jun 1
207 9th Ave, Unit 202
207 9th AveMadison, MN 56256
Cheap Homes for Rent in Madison, MN from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
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$5752 Bedroom Apartments Available Jun 1
207 9th Ave, Unit 201
207 9th AveMadison, MN 56256
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$6001 Bedroom Apartments Available Jun 1
213 9th Ave, Unit 103
213 9th AveMadison, MN 56256
539 Pacific Ave SW
WillmarMN56201
318 S 3rd St
MilanMN56262
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.
316 S 3rd St
MilanMN56262
308 S 3rd St
MilanMN56262
625 14th Ave
BrookingsSD57006
301 S Park Ave
SpringfieldMN56087
1229 1st Ave SE
WatertownSD57201
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.
710 18th St S
BensonMN56215
708 18th St S
BensonMN56215
401 S Maple
WatertownSD57201
811 7th St
BrookingsSD57006
513 Elm Ave, Unit 104, Unit 104
513 Elm Ave
BrookingsSD57006
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.
Showing Results 1-15, 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 a home in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison 2 Bedroom Homes for Rent | $1,311 | $900 | $1,750 |
| Madison 3 Bedroom Homes for Rent | $1,520 | $1,100 | $1,880 |
| Madison 4 Bedroom Homes for Rent | $2,140 | $1,500 | $4,000 |
| Madison 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
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, 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 Mary's Heights Apartments priced from $455. 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 |
|---|---|---|---|
| Mary's Heights Apartments | 1 Bed, 1 bath | 1BR,1BA | $455 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
| Wildwood Apartments | 1BR/1.0BA | 1BR,1BA | $725 |
| Suite Liv'N - Willmar | Studio 1 Bath | Studio,1BA | $745 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $745 |
Best Value Apartments for Rent in Madison, MN and Nearby
As of May 08, 2026 the best value apartment in the Madison area is the $1.13 price per square foot 3Bed,2.5Bath Model at 1501 N Grove Pl in the starting from $1,700. The second greatest value Madison apartment is the 3 Beds, 2 baths Model at Mary's Heights Apartments starting at $800 with a $0.60 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. |
|---|---|---|---|
| 1501 N Grove Pl | 3Bed,2.5Bath | 3BR,2.5BA | $1.13 |
| Mary's Heights Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.60 |
| Innovation Village | Enterprise C | 3BR,2BA | $1.39 |
| East Point Village Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.35 |
| Thunder Hawk Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.33 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $0.96 |
| Lamplighter Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.30 |
| Circle Pines Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.32 |
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.
Read ArticleQuick Rent Budget Calculator
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, MN
Madison-Marietta-Nassau Elementary
Lac Qui Parle Valley School Dist.
Public School - Grades PK-5 (140)
4 out of 10
Lac Qui Parle Valley Secondary
Lac Qui Parle Valley School Dist.
Public School - Grades 6-12 (334)
6 out of 10
Lac Qui Parle Valley Middle School
Lac Qui Parle Valley School Dist.
Public School - Grades K-5 (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
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 70 Apartments for Rent in Madison, MN with pricing that ranges from $455 to $1,980. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $650 to $4,000.
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 $650 to $4,000 with an average monthly rent of $1,996.
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 $800 to $1,840, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,880. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,350.
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.