
Cheap Apartments for Rent in Madison, MO from $700 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.


Broadway Apartments

Kitty Hawk Apartments

Heather Ridge

1311 E Anderson St
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.

Columbia Crossing

Stephens Park Apartments

Keeneland Downs Apartments

Kelly's Ridge Apartments

Broadway Village Apartments

1502 N Olive St

1010 S Calhoun St

7301 N Moberly Dr
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.

7309 N Moberly Dr

7221 N Moberly Dr

7308 N Wade School Rd

7305 N Moberly Dr

7304 N Wade School Rd

4607 Waterloo Dr
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

927 West End Pl

6845 N Brown Station Dr

3507 Delwood Dr
Madison, MO Local Guide

How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison 1 Bedroom Apartments | $1,289 | $775 | $1,982 |
Madison 2 Bedroom Apartments | $1,423 | $909 | $2,300 |
Madison 3 Bedroom Apartments | $1,766 | $939 | $3,150 |
Madison 4 Bedroom Apartments | $1,386 | $759 | $2,197 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, MO Local Guide
- Nearby Cities
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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 $775. Broadway Apartments in the Tiger Village Apartments neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Madison apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Links at Columbia | Classic Deluxe II | 1BR,1BA | $775 |
Broadway Apartments | The Hayes | 1BR,1BA | $825 |
Woodlake | W-A | 2BR,1BA | $916 |
Heather Ridge | 2 bedroom | 2BR,1BA | $945 |
Tiger Village | 1 Bedroom | 1BR,1BA | $956 |
Stephens Park Apartments | Deluxe 1 Bedroom Apartment Home | 1BR,1BA | $995 |
Keeneland Downs Apartments | Secretariat Floor Plan - 2 Bedrooms/1 Bath | 2BR,1BA | $1,025 |
Courtyard Apartments | 2 Bedroom | 2BR,1BA | $1,074 |
Broadway Village Apartments | Model | 2BR,1BA | $1,095 |
Ashwood Apartments | 2x1 | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Madison, MO and Nearby
As of June 03, 2025 the best value apartment in the Madison area is the $0.92 price per square foot 4B 2.5B UP Model at CROSS CREEK VILLAS in the in the The Links of Columbia neighborhood starting from $1,849. The second greatest value Madison apartment is the 3 BR W/ Garages Model at Wellington Manor starting at $1,400 with a $1.02 price per square foot in the The Links of Columbia 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. |
---|---|---|---|
CROSS CREEK VILLAS | 4B 2.5B UP | 4BR,2.5BA | $0.92 |
Wellington Manor | 3 BR W/ Garages | 3BR,2BA | $1.02 |
Four Winds | 3 Bedroom TH | 3BR,2BA | $1.23 |
Lake Broadway Townhomes | Furnished 2 Bedroom 2 Bath | 2BR,2BA | $1.29 |
Manor Homes | 3BR/1.0BA | 3BR,1BA | $1.28 |
Broadway Village Apartments | Model | 2BR,1BA | $1.04 |
Keeneland Downs Apartments | Dreamer Floor Plan - Deluxe 2 Bedroom Apartment | 2BR,1BA | $1.42 |
Woodlake | W-C | 2BR,1BA | $1.26 |
Heather Ridge | 2 bedroom | 2BR,1BA | $1.26 |
Broadway Apartments | The Hayes | 1BR,1BA | $1.27 |
Quick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Madison, MO
Walk Score®
8 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal 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
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $775 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 $916 at Woodlake.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at Keeneland Downs Apartments and starts from $1,250.
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.