8 Circle Dr
MartinsvilleVA24112
Cheap Homes for Rent in Madison, NC from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
10 Circle Dr
MartinsvilleVA24112
6 Circle Dr
MartinsvilleVA24112
7734 US-29
Browns SummitNC27214
615 Dumaine St
EdenNC27288
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.
1318 Front St
EdenNC27288
645 Church St
EdenNC27288
105 Lakisha Ct
MadisonNC27025
1404 Fieldcrest Rd
EdenNC27288
216 N 5th Ave
MayodanNC27027
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.
216 N 5th Ave
MayodanNC27027
Showing Results 1-11, Page 1 of 1
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 a home in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison 2 Bedroom Homes for Rent | $1,201 | $700 | $1,750 |
| Madison 3 Bedroom Homes for Rent | $1,816 | $1,050 | $2,670 |
| Madison 4 Bedroom Homes for Rent | $2,320 | $1,995 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Madison
Explore Madison
Madison, NC Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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. North Lakes in the New Irving Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Farmwood Gardens | 1x1 | 1BR,1BA | $799 |
| North Lakes | 1 Bedroom 1 Bathroom | 1BR,1BA | $895 |
| The Haven at Triad Park | 2 Bedroom 1 Bath B | 2BR,1BA | $899 |
| Lakemont Apartment Homes | Hampton | 1BR,1BA | $939 |
| HAMPTONS AT COUNTRY PARK | 1x1 Blackfin | 1BR,1BA | $1,008 |
Best Value Apartments for Rent in Madison, NC and Nearby
As of April 26, 2026 the best value apartment in the Madison area is the $1.18 price per square foot Grandover with Deck-Renovated Model at Allerton Place in the in the Pearman Estates neighborhood starting from $1,435. The second greatest value Madison apartment is the Downstairs 2 Bed/1.5 Bath Model at Oakmont Apartments starting at $1,050 with a $1.07 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-Renovated | 3BR,2BA | $1.18 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| Rise Bridgeview | B1 Bronze | 2BR,2BA | $1.40 |
| Plantation at Pleasant Ridge | A1 - The Loft - One Bedroom, One Bathroom | 1BR,1BA | $1.41 |
| 405 Summit St, Unit 2 | 405 Summit St | 2BR,1BA | $1.13 |
| The Haven at Triad Park | 2 Bedroom 1 Bath B | 2BR,1BA | $1.17 |
| Terrace Oaks | The Guilford | 1BR,1BA | $1.39 |
| Huntsview Apartments | The Meadow | 1BR,1BA | $1.39 |
| Farmwood Gardens | 1x1 | 1BR,1BA | $1.18 |
| 211 W Murphy St, Unit 211-03 | 211 W Murphy St | 1BR,1BA | $1.00 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the Madison area?
If you’re an expert on all things Madison, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
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 $650 to $2,057. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $700 to $2,670.
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 $700 to $2,670 with an average monthly rent of $1,406.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.