Cheap Apartments for Rent near Madison, MO from $700 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Madison.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Montmartre Apartments
$1,005 - $1,160
Total Monthly Price

Total Monthly Price

Base Rent
$1,005 - $1,160
Total Monthly Price
$1,005 - $1,160
1 to 2 Bedroom Apartments Available Now

Montmartre Apartments

104 Clinkscales RdColumbia, MO 65203
Senior Living
  • Verified
  • Utilities Included
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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1012 E Broadway
1 to 3 Bedroom Apartments

1012 E Broadway

1012 E BroadwayColumbia, MO 65201
  • Utilities Included
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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.

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Showing Results 1-27, Page 1 of 1

Madison, MO Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, MO is a 1 Bed unit found at The Links at Columbia in the The Links of Columbia neighborhood priced from $800. Forest Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $825. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Links at ColumbiaClassic Deluxe II1BR,1BA$800
Forest Village Apartments2 Bedroom2BR,1BA$825
Monroe City Senior Housing 62+1 Bed 1 Bath1BR,1BA$875
Broadway ApartmentsSpacious 1 Bedroom 1 Bathroom Apartment Home1BR,1BA$900
WoodlakeW-C2BR,1BA$998
Montmartre Apartments1BR / 1 BA1BR,1BA$1,005
Heather RidgeLinden1BR,1BA$1,029
BrooksideWestmere4BR,4BA$1,029
North Hampton Village2BR - 1BTH2BR,1BA$1,075
Frederick Building1 Bed/ 2 Bath - Roommate Matching2BR,2BA$1,195

Best Value Apartments for Rent in Madison, MO and Nearby

As of August 08, 2026 the best value apartment in the Madison area is the $1.08 price per square foot Jenne Hill - 4 Bedroom 2.5 Bath Townhome Model at Jenne Hill Townhomes in the in the The Links of Columbia neighborhood starting from $1,625. The second greatest value Madison apartment is the Townhomes Model at Cottage Grove starting at $1,450 with a $1.04 price per square foot in the Tiger Village Apartments neighborhood. Here is today’s list of the best values for Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jenne Hill TownhomesJenne Hill - 4 Bedroom 2.5 Bath Townhome4BR,2.5BA$1.08
Cottage GroveTownhomes2BR,2.5BA$1.04
1512 Gary StHome2BR,1BA$1.28
BrooksideAirmont2BR,2BA$1.17
Wellington Manor2 BR2BR,2BA$1.13
Broadway Village ApartmentsModel2BR,1BA$1.38
North Hampton Village2BR - 1BTH2BR,1BA$1.21
Forest Village Apartments2 Bedroom2BR,1BA$1.00
WoodlakeW-C2BR,1BA$1.32
Broadway ApartmentsSpacious 1 Bedroom 1 Bathroom Apartment Home1BR,1BA$1.38

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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Madison, MO Rentals by Map

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Frequently Asked Questions about Cheap Madison Apartments

How much is rent for a Cheap One Bedroom Madison Apartment?

The lowest price for a Cheap One Bedroom Madison Apartment is $800 at The Links at Columbia.

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 $825 at Forest Village Apartments.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Forest Village Apartments and starts from $895.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.