
Cheap Apartments for Rent in Madison, MS from $700 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.


The Arlington

The Briars Apartments

The Park at Inverness
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.

Hampton House

Royal Oak Apartments

Tracewood

Aspen Apartments

Lakeshore Landing

Sunchase Ridgeland

The Trails at Madison
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.

Carleton Apartments

Somerset Place

Pinebrook

Trails at Northpointe

Northtown Apartments

Trace
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.

The Pointe at Highland

253 Lawrence Rd

433 Lawrence Rd
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.

734 Broadmoor Dr

4921 Woodmont Dr

219 Lawrence Rd

207 Lawrence Rd

351 Lawrence Rd
Madison, MS Local Guide

How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Studio Apartments | $1,306 | $1,258 | $1,354 |
Madison 1 Bedroom Apartments | $1,140 | $712 | $4,279 |
Madison 2 Bedroom Apartments | $1,321 | $850 | $4,161 |
Madison 3 Bedroom Apartments | $1,809 | $1,150 | $5,716 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, MS Local Guide
- Madison Neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Madison, MS
Pricing Updated: 06/27/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Germantown | $1,197 | $990 | 4 |
Outer Ridgeland Madison | $1,664 | $867 | 61 |
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Briarwood Park | 1B1B | 1BR,1BA | $800 |
The Park at Inverness | 1 Bedroom / 1 Bathroom Silver Prep | 1BR,1BA | $850 |
Hampton House | M Magnolia | 1BR,1BA | $867 |
Northtown Apartments | 1x1 FP Classic | 1BR,1BA | $875 |
Royal Oak Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $900 |
Pinebrook | The Elm | 1BR,1BA | $925 |
Lakeshore Landing | 1BR 1BA (677 SF) | 1BR,1BA | $937 |
Aspen Apartments | 1x1 Premium | 1BR,1BA | $949 |
Sunchase Ridgeland | 1 Bedroom 1 Bath | 1BR,1BA | $974 |
The Trails at Madison | Classic Deluxe IV | 1BR,1BA | $990 |
Best Value Apartments for Rent in Madison, MS and Nearby
As of June 28, 2025 the best value apartment in the Madison area is the $1.18 price per square foot Two-Bedroom Model at The Gables in the in the Outer Ridgeland Madison neighborhood starting from $1,395. The second greatest value Madison apartment is the 2 Bedroom Model at Colony Pointe starting at $1,205 with a $1.11 price per square foot in the Outer Ridgeland Madison 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 Gables | Two-Bedroom | 2BR,2BA | $1.18 |
Colony Pointe | 2 Bedroom | 2BR,2BA | $1.11 |
Prosper Jackson | B1D | 2BR,2BA | $1.24 |
Van Mark | A1 | 1BR,2BA | $1.17 |
Tracewood | 2 Bedroom 2 Bathroom Upgraded | 2BR,2BA | $1.25 |
The Park at Inverness | 1 Bedroom / 1 Bathroom Gold | 1BR,1BA | $1.16 |
Hampton House | M Magnolia | 1BR,1BA | $1.11 |
Pinebrook | The Elm | 1BR,1BA | $1.23 |
Northtown Apartments | 1x1 FP Classic | 1BR,1BA | $1.21 |
Briarwood Park | 1B1B | 1BR,1BA | $1.21 |
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.
Best Local Schools in Madison, MS
School data provided by Great Schools
Remember the 3 Rules of Real Estate: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 $950 at The Park at Inverness.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at The Park at Inverness and starts from $1,185.
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.

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.

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.