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Cheap Apartments for Rent in Madison, NC from $400 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.
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Rent Specials
from $7501 Bedroom Apartments Available Now
Pelham Place
308-320 Jefferson StKernersville, NC 27284
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from $7991 to 2 Bedroom Apartments Available Now
Farmwood Gardens
120 Farmwood DrKernersville, NC 27284
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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.
128 David Dr
EdenNC27288
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120 David Dr
EdenNC27288
125 David Dr
EdenNC27288
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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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 | $1,348 | $750 | $3,677 |
| Madison 2 Bedroom Apartments | $1,638 | $850 | $3,818 |
| Madison 3 Bedroom Apartments | $2,040 | $1,350 | $5,488 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, NC Local Guide
- Nearby Cities
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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 Pelham Place in the Vernon Farms neighborhood priced from $750. Farmwood Gardens in the Vernon Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pelham Place | 1 Bed 1 Bath | 1BR,1BA | $750 |
| Farmwood Gardens | 1x1 | 1BR,1BA | $799 |
| Lakes at Lincoln | Dogwood - 1x1 | 1BR,1BA | $867 |
Best Value Apartments for Rent in Madison, NC and Nearby
As of June 27, 2025 the best value apartment in the Madison area is the $1.20 price per square foot Grandover with Deck Model at Allerton Place in the in the Pearman Estates neighborhood starting from $1,460. The second greatest value Madison apartment is the The Beverly W/ Multi-Purpose Sunroom Model at Waterford Place starting at $1,572 with a $1.33 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. |
|---|---|---|---|
| Allerton Place | Grandover with Deck | 3BR,2BA | $1.20 |
| Waterford Place | The Beverly W/ Multi-Purpose Sunroom | 2BR,2BA | $1.33 |
| Woodland Heights Apartments | 3BR , 2BA | 3BR,2BA | $1.18 |
| North Lakes Apartments | 3 bedroom 2 bathroom | 3BR,2BA | $1.24 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.12 |
| Landon Creek Apartments | One Bed, One Bath | 1BR,1BA | $1.32 |
| Keystone At Walkertown Landing | Autumn | 1BR,1BA | $1.30 |
| The Haven at Triad Park | 2 Bedroom 1 Bath B | 2BR,1BA | $1.17 |
| Terrace Oaks & Olde Battleground | The Guilford | 1BR,1BA | $1.32 |
| Farmwood Gardens | 1x1 | 1BR,1BA | $1.18 |
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Explore Madison, NC Rentals by Map
See the most popular apartments and homes in Madison, NC
Madison, NC Apartments MapMadison, NC Rental Homes MapGetting 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 $750 at Pelham Place.
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 $1,350.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.