196 S Alabama Ave
JacksonMS39209
Cheap Homes for Rent near Madison, MS from $850 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
229 Lawrence Rd
JacksonMS39206
219 Lawrence Rd
JacksonMS39206
4673 Churchill Dr
JacksonMS39206
420 Lawrence Rd
JacksonMS39206
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.
4426 Desoto St
JacksonMS39206
312 Pine Ridge Rd
JacksonMS39206
521 Launcelot Rd
JacksonMS39206
346 Reed Ave
JacksonMS39206
320 Lawrence Rd
JacksonMS39206
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.
368 Leron Ave
JacksonMS39206
472A Brendalwood Dr
BrandonMS39047
515 Woodward Ave
JacksonMS39206
626 Meadowview Dr
JacksonMS39206
4858 Sheridan Dr
JacksonMS39206
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.
833 Harbor Bend Dr
BrandonMS39047
Showing Results 1-16, 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 | $1,532 | $1,000 | $2,400 |
| Madison 3 Bedroom Homes for Rent | $1,905 | $850 | $2,800 |
| Madison 4 Bedroom Homes for Rent | $2,135 | $1,250 | $2,700 |
| Madison 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
| Madison 6 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Top Homes for Rent in Madison
Explore Madison
Madison, MS Local Guide
- Madison Neighborhoods
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Cheapest Neighborhoods for Apartments in Madison, MS
Pricing Updated: 08/24/2026Current apartment rentals in the Madison, MS area range in price from $874 to $2,129 with an overall median price of $1,248. 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 | $1,248 | $874 | 129 |
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. 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 |
|---|---|---|---|
| Siegel Select Jackson | Standard Studio 7-28 Days | 1BR,1BA | $289 |
| The Park at Inverness | 1 Bedroom / 1 Bathroom Silver Prep | 1BR,1BA | $850 |
| Briarwood Park | 1B1B | 1BR,1BA | $850 |
| Royal Oak Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $900 |
| Castlegate Luxury Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $900 |
Best Value Apartments for Rent in Madison, MS and Nearby
As of August 24, 2026 the best value apartment in the Madison area is the $0.89 price per square foot Cypress Model at Hampton House in the in the Outer Ridgeland Madison neighborhood starting from $1,239. The second greatest value Madison apartment is the Chestnut Model at Ridgeland Place Apartment Homes starting at $1,446 with a $1.19 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. |
|---|---|---|---|
| Hampton House | Cypress | 3BR,2BA | $0.89 |
| Ridgeland Place Apartment Homes | Chestnut | 3BR,2BA | $1.19 |
| Mark | 2Bedroom/2Bath | 2BR,2BA | $1.24 |
| Colony Pointe | 2 Bedroom | 2BR,2BA | $1.17 |
| Northtown Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.18 |
| The Park at Inverness | 2 Bedroom / 1.5 Bathroom Gold | 2BR,1.5BA | $1.15 |
| Van Mark | one bedroom, one bathroom Renovated | 1BR,1BA | $1.26 |
| Trails at Northpointe | 2 Bed 2 Bath | 2BR,2BA | $1.08 |
| Castlegate Luxury Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.13 |
| Siegel Select Jackson | Standard Studio 7-28 Days | 1BR,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.
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 Article
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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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Best Local Schools in Madison, MS
Madison Avenue Upper Elementary School
Madison Co School Dist
Public School - Grades K-5 (474)
9 out of 10
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 41 Apartments for Rent in Madison, MS with pricing that ranges from $289 to $2,334. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $850 to $5,000.
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 $850 to $5,000 with an average monthly rent of $1,967.
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
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.