Cheap Apartments for Rent in Madison, MS from $700 (24 Rentals)

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

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Sunchase Ridgeland
1 to 2 Bedroom Apartments

Sunchase Ridgeland

875 William BlvdRidgeland, MS 39157
  • Utilities Included
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Trace
1 to 2 Bedroom Apartments

Trace

340 Arbor DrRidgeland, MS 39157
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779 Northbrook
1 to 2 Bedroom Apartments

779 Northbrook

107 Pine Knoll DrRidgeland, MS 39157

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.

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Madison, MS Local Guide

Cheapest Neighborhoods for Apartments in Madison, MS

Pricing Updated: 08/13/2025

Current apartment rentals in the Madison, MS area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Madison Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Outer Ridgeland Madison$1,550$86772

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, MS is a 1 Bed unit found at Briarwood Park in the North Jackson neighborhood priced from $800. The Park at Inverness in the North Jackson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Briarwood Park1B1B1BR,1BA$800
The Park at Inverness1 Bedroom / 1 Bathroom Silver Prep1BR,1BA$850
Hampton HouseM Magnolia1BR,1BA$867
Castlegate Luxury Apartments1 Bedroom 1 Bath1BR,1BA$875
Royal Oak Apartments1 Bedroom 1 Bathroom1BR,1BA$925

Best Value Apartments for Rent in Madison, MS and Nearby

As of August 13, 2025 the best value apartment in the Madison area is the $1.23 price per square foot Chestnut Model at Ridgeland Place Apartment Homes in the in the Outer Ridgeland Madison neighborhood starting from $1,491. The second greatest value Madison apartment is the 3 Bedroom / 2 Bathroom Platinum Model at The Park at Inverness starting at $1,350 with a $1.13 price per square foot in the North Jackson 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.
Ridgeland Place Apartment HomesChestnut3BR,2BA$1.23
The Park at Inverness3 Bedroom / 2 Bathroom Platinum3BR,2BA$1.13
The GablesTwo-Bedroom2BR,2BA$1.16
The Pointe at Highland2 Bedroom2BR,2BA$1.21
Colony Pointe2 Bedroom2BR,2BA$1.10
Tracewood2 Bedroom 2 Bathroom Upgraded2BR,2BA$1.25
Trails at Northpointe2 Bed 1 Bath2BR,1BA$1.21
Castlegate Luxury Apartments1 Bedroom 1 Bath1BR,1BA$1.09
Hampton HouseM Magnolia1BR,1BA$1.11
Briarwood Park1B1B1BR,1BA$1.21

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Best Local Schools in
Madison, MS

School data provided by Great Schools

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Location, Location, Location!

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Getting Around Madison, MS

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 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 $800 at Briarwood Park.

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 $975 at Castlegate Luxury Apartments.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Castlegate Luxury Apartments and starts from $1,120.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.