
Cheap Homes for Rent in Madison, NC from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.


125 David Dr

1025 Sherry Dr
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.

3203 Golf Course Rd

529 N Washington Ave

8210 E Harrell Rd
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.

305 N Franklin St
Madison, NC Local Guide

How much does it cost to rent a home in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison 2 Bedroom Homes for Rent | $1,357 | $995 | $1,895 |
Madison 3 Bedroom Homes for Rent | $1,668 | $750 | $2,700 |
Madison 4 Bedroom Homes for Rent | $3,508 | $2,990 | $3,995 |
Madison 5 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Browse Top Homes for Rent in Madison
Explore 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 Pelham Place in the Vernon Farms neighborhood priced from $775. 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 Renovated | 1BR,1BA | $775 |
Farmwood Gardens | 1x1 | 1BR,1BA | $799 |
Cedar Green | 1BR / 1BA | 1BR,1BA | $800 |
Best Value Apartments for Rent in Madison, NC and Nearby
As of June 08, 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 2BR w/ SRM Model at Woodland Heights Apartments starting at $1,325 with a $1.15 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. |
---|---|---|---|
Allerton Place | Grandover with Deck | 3BR,2BA | $1.20 |
Woodland Heights Apartments | 2BR w/ SRM | 2BR,2BA | $1.15 |
Kensington Place | Magnolia | 2BR,2BA | $1.16 |
Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.12 |
Landon Creek Apartments | One Bed, One Bath | 1BR,1BA | $1.16 |
307 Summit St, Unit 307 Unit1 | 307 Summit St | 2BR,1BA | $1.03 |
The Haven at Triad Park | 2 Bedroom 1 Bath B | 2BR,1BA | $1.17 |
Cedar Green | 1BR / 1BA | 1BR,1BA | $1.14 |
Farmwood Gardens | 1x1 | 1BR,1BA | $1.18 |
211 W Murphy St, Unit 211-03 | 211 W Murphy St | 1BR,1BA | $1.08 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 50 Apartments for Rent in Madison, NC with pricing that ranges from $700 to $5,880. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $750 to $3,995.
What is the current price range for Rental Homes in Madison?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison ranges from $750 to $3,995 with an average monthly rent of $2,382.
How much are larger Three and Four Bedroom Rentals in Madison?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison range from $1,349 to $5,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,990 and Four Bedroom Apartments start at $2,245.
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 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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.