Cheap Apartments for Rent in Madison, MS from $700 (27 Rentals)

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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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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 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.

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The Arlington
1 to 3 Bedroom Apartments

The Arlington

5845 Ridgewood RdJackson, MS 39211
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779 Northbrook
1 to 2 Bedroom Apartments

779 Northbrook

107 Pine Knoll DrRidgeland, MS 39157
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Sunchase Ridgeland
1 to 2 Bedroom Apartments

Sunchase Ridgeland

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

Trace

340 Arbor DrRidgeland, MS 39157
Corporate Housing

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.

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Showing Results 1-27, Page 1 of 1

Madison, MS Local Guide

Cheapest Neighborhoods for Apartments in Madison, MS

Pricing Updated: 01/05/2026

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
Johnstone$2,795$2,7951
Outer Ridgeland Madison$2,795$1,47516

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. Hampton House in the Dinsmor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $842. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Briarwood Park1B1B1BR,1BA$800
Hampton HouseM Magnolia1BR,1BA$842
Castlegate Luxury Apartments1 Bedroom 1 Bath1BR,1BA$875
The Park at Inverness1 Bedroom / 1 Bathroom Silver1BR,1BA$885
Royal Oak Apartments1 Bedroom 1 Bathroom1BR,1BA$900
Tracewood1 Bedroom 1 Bathroom1BR,1BA$925
Aspen Apartments1x1 Premium1BR,1BA$949
PinebrookThe Elm1BR,1BA$950
Northtown Apartments1 Bedroom 1 Bathroom1BR,1BA$1,000
Trails at Northpointe1 Bed 1 Bath1BR,1BA$1,000

Best Value Apartments for Rent in Madison, MS and Nearby

As of January 05, 2026 the best value apartment in the Madison area is the $1.29 price per square foot Chestnut Model at Ridgeland Place Apartment Homes in the in the Outer Ridgeland Madison neighborhood starting from $1,572. The second greatest value Madison apartment is the Kennedy Model at Somerset Place starting at $1,195 with a $1.21 price per square foot in the Dinsmor 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$1.29
Somerset PlaceKennedy2BR,1.5BA$1.21
VanmarkA1 Reno1BR,1BA$1.26
Colony Pointe1 Bedroom1BR,1BA$1.28
The Pointe at Highland1 Bedroom1BR,1BA$1.19
Castlegate Luxury Apartments1 Bedroom 1 Bath1BR,1BA$1.09
Hampton HouseM Magnolia1BR,1BA$1.08
PinebrookThe Elm1BR,1BA$1.27
Tracewood1 Bedroom 1 Bathroom1BR,1BA$1.26
Briarwood Park1B1B1BR,1BA$1.21

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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The 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.

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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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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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Madison, MS

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Remember the 3 Rules of Real Estate:
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Explore Madison, MS Rentals by Map

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See the most popular apartments and homes in Madison, MS

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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 $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 Castlegate Luxury Apartments and starts from $1,120.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!