Cheap Apartments for Rent near Madison, MS from $700 (42 Rentals)

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

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Siegel Select Jackson
Rent Specials
$289 - $1,189
Total Monthly Price

Total Monthly Price

Base Rent
$289 - $1,189
Total Monthly Price
$289 - $1,189
1 Bedroom Apartments Available Now

Siegel Select Jackson

616 Briarwood DrJackson, MS 39211
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  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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X - Arlington
1 to 3 Bedroom Apartments

X - Arlington

5845 Ridgewood RdJackson, MS 39211

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.

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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
Corporate Housing
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779 Northbrook
1 to 2 Bedroom Apartments

779 Northbrook

107 Pine Knoll DrRidgeland, MS 39157

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.

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Showing Results 1-42, Page 1 of 1

Madison, MS Local Guide

Cheapest Neighborhoods for Apartments in Madison, MS

Pricing Updated: 07/21/2026

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$1,569$874115

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, MS is a 1 Bed unit found at Siegel Select Jackson in the North Jackson neighborhood priced from $289. Briarwood Park 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
Siegel Select JacksonStandard Studio 7-28 Days1BR,1BA$289
Briarwood Park1B1B1BR,1BA$850
Hampton HouseMagnolia1BR,1BA$874
The Park at Inverness1 Bedroom / 1 Bathroom Silver1BR,1BA$885
Castlegate Luxury Apartments1 Bedroom 1 Bath1BR,1BA$900
Royal Oak Apartments1 Bedroom 1 Bathroom1BR,1BA$900
Tracewood1 Bedroom 1 Bathroom Upgraded1BR,1BA$900
PinebrookThe Elm1BR,1BA$950
Northtown Apartments1 Bedroom 1 Bathroom1BR,1BA$1,000
Somerset Apartments1 Bedroom 1 Bathroom1BR,1BA$1,015

Best Value Apartments for Rent in Madison, MS and Nearby

As of July 22, 2026 the best value apartment in the Madison area is the $1.21 price per square foot Two-Bedroom Model at The Gables in the in the Outer Ridgeland Madison neighborhood starting from $1,425. The second greatest value Madison apartment is the one bedroom, one bathroom Renovated Model at Van Mark starting at $1,235 with a $1.26 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The GablesTwo-Bedroom2BR,2BA$1.21
Van Markone bedroom, one bathroom Renovated1BR,1BA$1.26
Trails at Northpointe2 Bed 2 Bath2BR,2BA$1.08
Lakeshore Landing Apartments2BR 1BA (950 SF)2BR,1BA$1.30
The Pointe at Highland1 Bedroom1BR,1BA$1.23
Castlegate Luxury Apartments1 Bedroom 1 Bath1BR,1BA$1.13
Hampton HouseMagnolia1BR,1BA$1.12
Tracewood1 Bedroom 1 Bathroom1BR,1BA$1.29
Briarwood Park1B1B1BR,1BA$1.29
Siegel Select JacksonStandard Studio 7-28 Days1BR,1BA$1.01

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.

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Real 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.

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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:
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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 $289 at Siegel Select Jackson.

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 $985 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 Castlegate Luxury Apartments and starts from $1,155.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.