Cheap Apartments for Rent in Madison, NC from $799 (42 Rentals)

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

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Scott Commons Apartments
1 to 2 Bedroom Apartments

Scott Commons Apartments

404 W Decatur StMadison, NC 27025
Senior Living
  • Utilities Included
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Phoenix Cinder
1 to 2 Bedroom Apartments

Phoenix Cinder

4501 NC Hwy 704Madison, NC 27025

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Ray Commons
Studio to 2 Bedroom Apartments

Ray Commons

625 Washington StEden, NC 27288
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224 The Blvd
1 Bedroom Apartments

224 The Blvd

224 The BlvdEden, NC 27288
Corporate Housing
  • Utilities Included
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Rise Bridgeview
1 to 3 Bedroom Apartments

Rise Bridgeview

3520 Drawbridge PkyGreensboro, NC 27410
Corporate Housing

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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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Madison, NC Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, NC is a 1 Bed unit found at Farmwood Gardens in the Kernersville neighborhood priced from $799. Cedar Green in the Outer Smith Reynolds Airport 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
Farmwood Gardens1x11BR,1BA$799
Cedar Green1BR / 1BA1BR,1BA$850
Beechwood ApartmentsWindsor1BR,1BA$899
Maple Ridge Apartments2-Bedroom2BR,1BA$900
North Lakes1 Bedroom 1 Bathroom1BR,1BA$950
Lakemont Apartment HomesHampton1BR,1BA$979
The Hedges Apartment Homes1BR - 1BTH1BR,1BA$999
Oakmont ApartmentsUpstairs 2 Bedroom/1.5 Bath2BR,1BA$1,050
Terrace OaksThe Guilford1BR,1BA$1,050
Brassfield Park ApartmentsCaswell1BR,1BA$1,052

Best Value Apartments for Rent in Madison, NC and Nearby

As of September 10, 2026 the best value apartment in the Madison area is the $1.25 price per square foot B2 Bronze Model at Rise Bridgeview in the in the Forest Valley neighborhood starting from $1,395. The second greatest value Madison apartment is the Two Bed, Two Bath Model at Landon Creek Apartments starting at $1,380 with a $1.27 price per square foot in the Woodland Hills 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.
Rise BridgeviewB2 Bronze2BR,2BA$1.25
Landon Creek ApartmentsTwo Bed, Two Bath2BR,2BA$1.27
Kensington PlaceMagnolia2BR,2BA$1.19
Allerton PlaceStarmount with Deck2BR,2BA$1.24
HAMPTONS AT COUNTRY PARK3x2 Blackfin3BR,2BA$1.33
Oakmont ApartmentsDownstairs 2 Bed/1.5 Bath2BR,1.5BA$1.07
The Plantation at Pleasant RidgeA1 - The Loft - One Bedroom, One Bathroom1BR,1BA$1.35
Waterford Place Apartment HomesThe Hilton1BR,1BA$1.37
Cedar Green1BR / 1BA1BR,1BA$1.21
Farmwood Gardens1x11BR,1BA$1.18

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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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.

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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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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 $799 at Farmwood Gardens.

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 $899 at Farmwood Gardens.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at HAMPTONS AT COUNTRY PARK and starts from $1,325.

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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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.

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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.