
Cheap Apartments for Rent in Madison, MO from $700 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.


Forest Village Apartments

Monroe City Senior Housing 62+

Brookside

Courtyard Apartments

Columbia Crossing

Tiger Village
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.

Broadway Apartments

Total Monthly Price
James Dale Apartments

Heather Ridge

Woodlake

Parkway Apartments

Total Monthly Price
Montmartre Apartments

Stephens Park 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.

Kelly's Ridge Apartments

Keeneland Downs Apartments

Kelly Highlands Apartments

Kitty Hawk Apartments

Frederick Building

725 E Monroe St

Ash Street Place Apartments
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.

608 Macfarlane St

7221 N Moberly Dr

307 E Promenade St

1012 E Broadway

7460 N Wade School Rd

1822 Springdale Ct

1904 Springdale Ct
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.

3708 Greeley 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 | $1,103 | $800 | $2,029 |
| Madison 2 Bedroom Apartments | $1,336 | $825 | $2,650 |
| Madison 3 Bedroom Apartments | $1,830 | $879 | $3,787 |
| Madison 4 Bedroom Apartments | $1,250 | $899 | $1,625 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, MO Local Guide
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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 $800. Monroe City Senior Housing 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. 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 | $800 |
| Monroe City Senior Housing 62+ | 1 Bed 1 Bath | 1BR,1BA | $875 |
| Forest Village Apartments | 3 Bedroom | 3BR,1BA | $895 |
| Courtyard Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $911 |
| Broadway Apartments | The Hayes | 1BR,1BA | $925 |
| James Dale Apartments | Jamesdale | 2BR,1BA | $950 |
| Tiger Village | One Bedroom One Bath Renovated | 1BR,1BA | $951 |
| Woodlake | W-A | 2BR,1BA | $1,005 |
| Montmartre Apartments | 1BR / 1 BA | 1BR,1BA | $1,055 |
| Broadway Village Apartments | Model | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Madison, MO and Nearby
As of June 23, 2026 the best value apartment in the Madison area is the $0.87 price per square foot 3BR/2.5BA Model at Cross Creek Villas in the in the Auburn Hills neighborhood starting from $1,749. The second greatest value Madison apartment is the Jenne Hill - 4 Bedroom 2.5 Bath Townhome Model at Jenne Hill Townhomes starting at $1,580 with a $1.05 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 | 3BR/2.5BA | 3BR,2.5BA | $0.87 |
| Jenne Hill Townhomes | Jenne Hill - 4 Bedroom 2.5 Bath Townhome | 4BR,2.5BA | $1.05 |
| Wellington Manor | 2 BR | 2BR,2BA | $1.22 |
| Broadway Village Apartments | Model | 2BR,1BA | $1.23 |
| Forest Village Apartments | 3 Bedroom | 3BR,1BA | $0.99 |
| James Dale Apartments | Jamesdale | 2BR,1BA | $1.12 |
| Woodlake | W-C | 2BR,1BA | $1.37 |
| Courtyard Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.42 |
| Monroe City Senior Housing 62+ | 1 Bed 1 Bath | 1BR,1BA | $1.46 |
| The Links at Columbia | Classic Deluxe II | 1BR,1BA | $1.47 |
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 ArticleReal 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.
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
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 $950 at Broadway 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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.