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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.
643 Washington St
EdenNC27288
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$799 - $8991 to 2 Bedroom Apartments Available Now
Farmwood Gardens
120 Farmwood DrKernersville, NC 27284
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Rent Specials
$799 - $1,3991 to 3 Bedroom Apartments Available Now
North Lakes
2905 Cottage PlGreensboro, NC 27455
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.
637 Washington St
EdenNC27288
128 David Dr
EdenNC27288
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125 David Dr
EdenNC27288
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 | $1,262 | $799 | $1,680 |
| Madison 2 Bedroom Apartments | $1,507 | $850 | $1,975 |
| Madison 3 Bedroom Apartments | $1,690 | $1,100 | $2,141 |
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 North Lakes in the New Irving Park neighborhood priced from $799. 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 |
|---|---|---|---|
| North Lakes | 1 Bedroom 1 Bathroom | 1BR,1BA | $799 |
| Farmwood Gardens | 1x1 | 1BR,1BA | $799 |
| Cedar Green | 1BR / 1BA | 1BR,1BA | $825 |
Best Value Apartments for Rent in Madison, NC and Nearby
As of November 10, 2025 the best value apartment in the Madison area is the $1.33 price per square foot The Beverly W/ Multi-Purpose Sunroom Model at Waterford Place in the in the New Irving Park neighborhood starting from $1,568. The second greatest value Madison apartment is the 2BRx2BA w/SRM Model at Woodland Heights Apartments starting at $1,175 with a $1.03 price per square foot . 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. |
|---|---|---|---|
| Waterford Place | The Beverly W/ Multi-Purpose Sunroom | 2BR,2BA | $1.33 |
| Woodland Heights Apartments | 2BRx2BA w/SRM | 2BR,2BA | $1.03 |
| Rise Bridgeview | B1 Bronze | 2BR,2BA | $1.33 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| Hayleigh Village | Steeplechase | 1BR,1BA | $1.30 |
| Terrace Oaks & Olde Battleground | The Guilford | 1BR,1BA | $1.32 |
| The Haven at Triad Park | 2 Bedroom 1 Bath A | 2BR,1BA | $1.28 |
| Cedar Green | 1BR / 1BA | 1BR,1BA | $1.18 |
| Farmwood Gardens | 1x1 | 1BR,1BA | $1.18 |
| North Lakes | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.33 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, NC Rentals by Map
See the most popular apartments and homes in Madison, NC
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 North Lakes.
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 $1,100.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.