Cheap Apartments for Rent in Madison, NC from $400 (44 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

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.

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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.

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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.

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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
property at 841 Vista View Ln

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

1 Bedroom, 1 Bath Condo for Rent

Available Now

841 Vista View Ln

RidgewayVA24148

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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Rise Bridgeview
1 to 3 Bedroom Apartments

Rise Bridgeview

3520 Drawbridge PkyGreensboro, NC 27410
Corporate Housing

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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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. The Haven at Triad Park in the Vernon Farms 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
The Haven at Triad Park1 Bedroom 1 Bathroom1BR,1BA$850
HAMPTONS AT COUNTRY PARK1BR 1BA1BR,1BA$877
North Lakes1 Bedroom 1 Bathroom1BR,1BA$895
Lakes at LincolnDogwood - 1x11BR,1BA$953
Lakemont Apartment HomesHampton1BR,1BA$979
Beechwood ApartmentsWindsor1BR,1BA$1,025
Terrace OaksThe Guilford1BR,1BA$1,050
Oakmont ApartmentsUpstairs 2 Bedroom/1.5 Bath2BR,1BA$1,050

Best Value Apartments for Rent in Madison, NC and Nearby

As of July 27, 2026 the best value apartment in the Madison area is the $1.24 price per square foot Waterford Model at Lake Brandt Apartments in the in the Natchez Trace neighborhood starting from $1,679. The second greatest value Madison apartment is the Starmount with Sunroom Model at Allerton Place starting at $1,265 with a $1.08 price per square foot in the Pearman Estates 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.
Lake Brandt ApartmentsWaterford3BR,2BA$1.24
Allerton PlaceStarmount with Sunroom2BR,2BA$1.08
Landon Creek ApartmentsTwo Bed, Two Bath2BR,2BA$1.27
Park ForestThe Roomate2BR,2BA$1.32
Oakmont ApartmentsDownstairs 2 Bed/1.5 Bath2BR,1.5BA$1.07
The Plantation at Pleasant RidgeA1 - The Loft - One Bedroom, One Bathroom1BR,1BA$1.31
405 Summit St, Unit 2405 Summit St2BR,1BA$1.13
Terrace OaksThe Guilford1BR,1BA$1.39
The Haven at Triad Park2 Bedroom 1 Bath A2BR,1BA$1.28
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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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:
Location, Location, Location!

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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 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 Lake Brandt Apartments and starts from $1,679.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.