Cheap Homes for Rent in Madison, NC from $300 (9 Rentals)

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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.

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.

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 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 ListingModel NameBed/BathPriced From
Farmwood Gardens1x11BR,1BA$799
Cedar Green1BR / 1BA1BR,1BA$825
224 The Blvd1 Bed / 1 Bath1BR,1BA$850

Best Value Apartments for Rent in Madison, NC and Nearby

As of September 20, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Woodland Heights Apartments3BR , 2BA3BR,2BA$1.20
North Lakes Apartments3 bedroom 2 bathroom3BR,2BA$1.24
Allerton PlaceStarmount with Deck2BR,2BA$1.21
Oakmont ApartmentsDownstairs 2 Bed/1.5 Bath2BR,1.5BA$1.12
403 Summit St, Unit 2403 Summit St2BR,1BA$1.03
Terrace Oaks & Olde BattlegroundThe Guilford1BR,1BA$1.32
The Haven at Triad Park2 Bedroom 1 Bath A2BR,1BA$1.28
Cedar Green1BR / 1BA1BR,1BA$1.18
Farmwood Gardens1x11BR,1BA$1.18
224 The Blvd1 Bed / 1 Bath1BR,1BA$1.35

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 51 Apartments for Rent in Madison, NC with pricing that ranges from $799 to $2,415. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $375 to $4,995.

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 $375 to $4,995 with an average monthly rent of $1,749.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

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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.