$450
Total Monthly Price
Total Monthly Price
Base Rent
$450
Utilities & Essentials
Varies
Total Monthly Price
$450
3 Bedroom, 2 Bath Home for Rent
Available Now
808 N 8th St
OliviaMN56277
Cheap Homes for Rent in Madison, MN from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
808 N 8th St
OliviaMN56277
308 S 3rd St
MilanMN56262
316 S 3rd St
MilanMN56262
409 Atlantic Ave
MorrisMN56267
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.
213 13th Ave E
WebsterSD57274
408 State Ave E
EstellineSD57234
626 4th St SE, Unit Unit #2 - Upper
626 4th St SE
WillmarMN56201
314 Hidden Acres Dr NW
PennockMN56279
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.
Showing Results 1-8, 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 | $1,140 | $750 | $1,536 |
| Madison 3 Bedroom Homes for Rent | $1,489 | $450 | $2,100 |
| Madison 4 Bedroom Homes for Rent | $1,543 | $825 | $1,925 |
| Madison 5 Bedroom Homes for Rent | $2,700 | $1,600 | $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 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 |
| Natures Edge Partners LLC | 1B1B MKT | 1BR,1BA | $720 |
Best Value Apartments for Rent in Madison, MN and Nearby
As of December 27, 2025 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 2 Bed Model at 105 Carly Dr starting at $1,200 with a $1.04 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 |
| 105 Carly Dr | 2 Bed | 2BR,1.5BA | $1.04 |
| Valleyside Townhomes | 2BR/1 Bath | 2BR,1BA | $0.99 |
| Nyberg Apartments 55+ | 2 Bed | 2BR,1BA | $1.00 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.58 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $0.92 |
| The Rock Apartments | GF: 2 Bed 1 Bath- Premium | 2BR,1BA | $1.07 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
| Somerset Properties | One Bedroom + Den - By The Lake | 1BR,1BA | $1.25 |
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.
Read Article
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.
Read ArticleCash 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.
Read ArticleQuick 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)
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
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 65 Apartments for Rent in Madison, MN with pricing that ranges from $502 to $2,100. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $450 to $3,800.
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 $450 to $3,800 with an average monthly rent of $1,531.
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 $1,150 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $450 to $2,100. Four Bedroom Single-Family rentals are also available starting from $825 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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!