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Cheap Apartments for Rent in Madison, NC from $400 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.
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$799 - $8991 to 2 Bedroom Apartments Available Now
Farmwood Gardens
120 Farmwood DrKernersville, NC 27284
128 David Dr
EdenNC27288
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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125 David Dr
EdenNC27288
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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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Madison, NC Local Guide
North Carolina state flag by Mr.TinDC is licensed under CC BY 2.0
How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Studio Apartments | $1,012 | $825 | $1,200 |
| Madison 1 Bedroom Apartments | $1,294 | $799 | $1,690 |
| Madison 2 Bedroom Apartments | $1,553 | $825 | $2,005 |
| Madison 3 Bedroom Apartments | $1,789 | $1,375 | $2,365 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, NC Local Guide
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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 Vernon Farms 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 $825. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Farmwood Gardens | 1x1 | 1BR,1BA | $799 |
| Cedar Green | 1BR / 1BA | 1BR,1BA | $825 |
| 224 The Blvd | 1 Bed / 1 Bath | 1BR,1BA | $850 |
Best Value Apartments for Rent in Madison, NC and Nearby
As of September 14, 2025 the best value apartment in the Madison area is the $1.20 price per square foot 3BR , 2BA Model at Woodland Heights Apartments in the starting from $1,375. The second greatest value Madison apartment is the 3 bedroom 2 bathroom Model at North Lakes Apartments starting at $1,399 with a $1.24 price per square foot in the New Irving Park 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. |
|---|---|---|---|
| Woodland Heights Apartments | 3BR , 2BA | 3BR,2BA | $1.20 |
| North Lakes Apartments | 3 bedroom 2 bathroom | 3BR,2BA | $1.24 |
| Kensington Place | Magnolia | 2BR,2BA | $1.16 |
| Allerton Place | Starmount with Deck | 2BR,2BA | $1.21 |
| Rise Bridgeview | B1 Classic | 2BR,2BA | $1.27 |
| Terrace Oaks & Olde Battleground | The Lindley | 2BR,2BA | $1.19 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.12 |
| 403 Summit St, Unit 2 | 403 Summit St | 2BR,1BA | $1.03 |
| Cedar Green | 1BR / 1BA | 1BR,1BA | $1.18 |
| Farmwood Gardens | 1x1 | 1BR,1BA | $1.18 |
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Getting Around Madison, NC
Walk Score®
21 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
23 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 The Haven at Triad Park.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at Woodland Heights Apartments and starts from $1,375.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.