309 9th St
KerkhovenMN56252
Cheap Homes for Rent in Madison, MN from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
605 30th Ave W
AlexandriaMN56308
402 Wolfe Ave, Unit A
402 Wolfe Ave
MontevideoMN56265
308 3rd Ave SW
New LondonMN56273
1007 W Depue Ave
OliviaMN56277
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.
1020 Southland Ln
BrookingsSD57006
241 E Ronning Ave
AppletonMN56208
319 5th St E
MadisonMN56256
1321 S Darling Dr NW, Unit #6
1321 S Darling Dr NW
AlexandriaMN56308
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.
301 8th Ave W
OsakisMN56360
1709 Sheridan Ave
MontevideoMN56265
Showing Results 1-11, 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 | $1,183 | $775 | $1,800 |
| Madison 3 Bedroom Homes for Rent | $1,631 | $1,284 | $2,200 |
| Madison 4 Bedroom Homes for Rent | $1,781 | $950 | $2,795 |
| Madison 5 Bedroom Homes for Rent | $4,850 | $4,850 | $4,850 |
Browse Top Homes for Rent in Madison
Explore Madison
Madison, MN Local Guide
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Cheapest Available Madison Apartments for Rent and Nearby
The cheapest available apartment rental in Madison, MN is a 2 Beds 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 | 2B1B Subsidy | 2BR,1BA | $25 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $519 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $625 |
| The Rock Apartments | GF: 2 Bed 1 Bath | 2BR,1BA | $750 |
| Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $750 |
Best Value Apartments for Rent in Madison, MN and Nearby
As of May 28, 2025 the best value apartment in the Madison area is the $1.12 price per square foot 2BR/2.0BA Model at One & Two Willow Creek in the starting from $1,465. The second greatest value Madison apartment is the Three Bedroom A - By The Lake Model at Somerset Properties starting at $1,403 with a $1.24 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. |
|---|---|---|---|
| One & Two Willow Creek | 2BR/2.0BA | 2BR,2BA | $1.12 |
| Somerset Properties | Three Bedroom A - By The Lake | 3BR,2BA | $1.24 |
| The Plains Apartments | 1631 - 2 Bedroom - Galley | 2BR,2BA | $1.37 |
| Marketplace Apartments | K | 2BR,2BA | $1.35 |
| Briarwood Estates | 901D Briarwood | 3BR,2BA | $1.30 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.58 |
| Nyberg Apartments 55+ | 2 Bed | 2BR,1BA | $1.00 |
| RC Square Apartments | 2 Bedroom | 2BR,1BA | $0.70 |
| Suite Liv'n College Green | 3-bedroom | 3BR,1BA | $1.44 |
| Natures Edge Partners LLC | 1B1B MKT | 1BR,1BA | $1.52 |
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Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 55 Apartments for Rent in Madison, MN with pricing that ranges from $502 to $1,885. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $775 to $4,850.
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 $775 to $4,850 with an average monthly rent of $1,940.
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 $1,000 to $1,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,284 to $2,200. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $1,350.
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 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.
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.