7221 N Moberly Dr
ColumbiaMO65202
Cheap Homes for Rent in Madison, MO from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
608 Macfarlane St
MexicoMO65265
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.
7460 N Wade School Rd
ColumbiaMO65202
1904 Springdale Ct
MexicoMO65265
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.
1822 Springdale Ct
MexicoMO65265
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Madison, MO Local Guide
Farm view by Channone Arif 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 | $1,062 | $925 | $1,175 |
| Madison 3 Bedroom Homes for Rent | $1,566 | $1,100 | $2,400 |
| Madison 4 Bedroom Homes for Rent | $1,518 | $1,495 | $1,695 |
Browse Top Homes for Rent in Madison
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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 2 Beds unit found at Ash Street Place Apartments in the Tiger Village Apartments neighborhood priced from $755. The Links at Columbia in the The Links of Columbia neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ash Street Place Apartments | 2x1 | 2BR,1BA | $755 |
| The Links at Columbia | Classic Deluxe II | 1BR,1BA | $800 |
| Monroe City Senior Housing 62+ | 1 Bed 1 Bath | 1BR,1BA | $875 |
Best Value Apartments for Rent in Madison, MO and Nearby
As of May 04, 2026 the best value apartment in the Madison area is the $0.85 price per square foot 4BR/2.5BA Model at Cross Creek Villas in the in the Auburn Hills neighborhood starting from $1,699. The second greatest value Madison apartment is the 3BR/2.5BA Model at Manor Homes starting at $1,900 with a $1.09 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 | 4BR/2.5BA | 4BR,2.5BA | $0.85 |
| Manor Homes | 3BR/2.5BA | 3BR,2.5BA | $1.09 |
| Jenne Hill Townhomes & Seasons Brook Estates | Jenne Hill - 4 Bedroom 2.5 Bath Townhome | 4BR,2.5BA | $1.13 |
| Lake Broadway Townhomes | 2 Bed 2 Bath Partial Hardwood | 2BR,2BA | $1.16 |
| Wellington Manor | 2 BR | 2BR,2BA | $1.22 |
| Broadway Village Apartments | Hawthorn, TIER 2, Carport, 2x1, 950 sqft | 2BR,1BA | $1.34 |
| Kitty Hawk Apartments | Beaufort, 2 Bed x 1 Bath, 920 sqft, Tier 1 | 2BR,1BA | $1.30 |
| Heather Ridge | 2 Bedroom 1 Bath | 2BR,1BA | $1.30 |
| Ash Street Place Apartments | 2x1 | 2BR,1BA | $1.03 |
| Columbia Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleCash 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.
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.
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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 Madison
What type of rentals are currently available in Madison?
There are currently 42 Apartments for Rent in Madison, MO with pricing that ranges from $800 to $3,787. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $925 to $2,400.
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 $925 to $2,400 with an average monthly rent of $1,299.
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 $879 to $3,787, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $899.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.