2016 Woodlawn St
JacksonMS39203
Cheap Homes for Rent in Madison, MS from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
4567 Meadowmont Dr
JacksonMS39209
196 S Alabama Ave
JacksonMS39209
3026 Bishop Ave
JacksonMS39213
2934 Randolph St
JacksonMS39213
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.
6605 George Washington Dr
JacksonMS39213
307 E Ridgeway St
JacksonMS39206
723 Glenmont Dr
JacksonMS39209
3718 Northbrook Dr
JacksonMS39206
6560 Lake Forest Dr
JacksonMS39213
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.
Showing Results 1-10, Page 1 of 1
Madison, MS Local Guide
How much does it cost to rent a home in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison 2 Bedroom Homes for Rent | $1,608 | $1,050 | $2,400 |
| Madison 3 Bedroom Homes for Rent | $1,737 | $800 | $2,800 |
| Madison 4 Bedroom Homes for Rent | $1,427 | $1,195 | $2,200 |
| Madison 5 Bedroom Homes for Rent | $1,548 | $1,497 | $1,600 |
Browse Top Homes for Rent in Madison
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Madison, MS Local Guide
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Cheapest Neighborhoods for Apartments in Madison, MS
Pricing Updated: 05/25/2026Current 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 |
|---|---|---|---|
| Outer Ridgeland Madison | $1,562 | $874 | 132 |
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 $850. 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 | $850 |
| The Park at Inverness | 1 Bedroom / 1 Bathroom Silver Prep | 1BR,1BA | $850 |
| Castlegate Luxury Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $900 |
Best Value Apartments for Rent in Madison, MS and Nearby
As of May 25, 2026 the best value apartment in the Madison area is the $1.13 price per square foot 3 Bedroom / 2 Bathroom Platinum Model at The Park at Inverness in the in the North Jackson neighborhood starting from $1,350. The second greatest value Madison apartment is the Two-Bedroom Model at The Gables starting at $1,506 with a $1.28 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 Park at Inverness | 3 Bedroom / 2 Bathroom Platinum | 3BR,2BA | $1.13 |
| The Gables | Two-Bedroom | 2BR,2BA | $1.28 |
| The Pointe at Highland | 2 Bedroom | 2BR,2BA | $1.16 |
| Ridgeland Place Apartment Homes | Oak | 2BR,2BA | $1.02 |
| Prosper Jackson | B1P | 2BR,2BA | $1.26 |
| Somerset Apartments | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.25 |
| Van Mark | one bedroom, one bathroom Renovated | 1BR,1BA | $1.26 |
| Castlegate Luxury Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.13 |
| Tracewood | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.26 |
| Briarwood Park | 1B1B | 1BR,1BA | $1.29 |
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.
Read Article
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.
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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Best Local Schools in Madison, MS
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, MS Rentals by Map
See the most popular apartments and homes in Madison, MS
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 40 Apartments for Rent in Madison, MS with pricing that ranges from $800 to $2,230. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $550 to $2,800.
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 $550 to $2,800 with an average monthly rent of $1,374.
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.