
Cheap Apartments for Rent in Madison, MO from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.


The Links at Columbia

Columbia Crossing

Courtyard Apartments

Broadway Apartments
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.

704 W Cunningham Dr

1030 Bond St

7305 N Moberly Dr
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.

7216 N Wade School Rd

7308 N Wade School Rd

700 W Cunningham Dr

2924 Leeway Dr

7401 N Moberly Dr

7313 N Moberly Dr
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.
Madison, MO Local Guide

How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Studio Apartments | $1,100 | $1,100 | $1,100 |
| Madison 1 Bedroom Apartments | $1,117 | $675 | $1,949 |
| Madison 2 Bedroom Apartments | $1,225 | $895 | $2,375 |
| Madison 3 Bedroom Apartments | $1,719 | $1,295 | $2,715 |
| Madison 4 Bedroom Apartments | $1,523 | $1,299 | $2,250 |
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 Monroe City Senior Housing 62+ priced from $675. Ash Street Place Apartments in the Tiger Village Apartments neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monroe City Senior Housing 62+ | 1 Bed 1 Bath | 1BR,1BA | $675 |
| Ash Street Place Apartments | 1x1 | 1BR,1BA | $705 |
| Courtyard Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $873 |
| Woodlake | W-C | 2BR,1BA | $895 |
| The Links at Columbia | Custom Deluxe III with Breezeway | 1BR,1BA | $910 |
Best Value Apartments for Rent in Madison, MO and Nearby
As of December 07, 2025 the best value apartment in the Madison area is the $1.08 price per square foot Riviera Model at The Residences of Old Hawthorne in the in the The Links of Columbia neighborhood starting from $2,200. The second greatest value Madison apartment is the 4B 2.5B UP Model at CROSS CREEK VILLAS starting at $1,499 with a $0.75 price per square foot in the Auburn Hills 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. |
|---|---|---|---|
| The Residences of Old Hawthorne | Riviera | 3BR,2.5BA | $1.08 |
| CROSS CREEK VILLAS | 4B 2.5B UP | 4BR,2.5BA | $0.75 |
| Four Winds Apartments | The Oakridge | 3BR,2BA | $0.98 |
| Lake Broadway Townhomes | 2 Bed 2 Bath Partial Hardwood | 2BR,2BA | $1.20 |
| Keeneland Downs Apartments | Lexington, 3x2, 1100 sqft, Tier 1 | 3BR,2BA | $1.18 |
| Wellington Manor | 2 BR | 2BR,2BA | $1.13 |
| Columbia Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.99 |
| Woodlake | W-A | 2BR,1BA | $1.25 |
| Heather Ridge | 2 Bedroom 1 Bath | 2BR,1BA | $1.27 |
| Monroe City Senior Housing 62+ | 1 Bed 1 Bath | 1BR,1BA | $1.13 |
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 ArticleThe 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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, MO Rentals by Map
See the most popular apartments and homes in Madison, MO
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 $675 at Monroe City Senior Housing 62+.
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 $730 at Ash Street Place Apartments.
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 $1,295.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.




