Cheap Apartments for Rent near Madison, NE from $580 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Madison.

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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RiverPointe Apartments
Rent Specials
$1,050 - $1,505

Total Monthly Price

Base Rent$1,050 - $1,505
Total Monthly Price$1,050 - $1,505
1 to 2 Bedroom Apartments Available Now

RiverPointe Apartments

1101 Riverview DrSouth Sioux City, NE 68776
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Leisure Apartments
1 to 2 Bedroom Apartments

Leisure Apartments

825 E 6th StWayne, NE 68787
  • Utilities Included

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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Dakota Bend I & II
Studio to 1 Bedroom Apartments

Dakota Bend I & II

300-310 E 33rd StSouth Sioux City, NE 68776
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River Valley Apartments
1 to 2 Bedroom Apartments

River Valley Apartments

1300-1302 Quiniela DrNorth Sioux City, SD 57049
  • Utilities Included

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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Five Sons Apartments
1 to 3 Bedroom Apartments

Five Sons Apartments

205-231 Centennial DrNorth Sioux City, SD 57049
  • Utilities Included
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Lincoln Woods
1 to 3 Bedroom Apartments

Lincoln Woods

2807 Lincoln WaySioux City, IA 51106

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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Showing Results 1-45, Page 1 of 1

Madison, NE Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, NE is a Studio unit found at Oak Park Apartments priced from $580. Prospect Ridge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Park ApartmentsEfficiency - InteriorStudio, 1BA$580
Prospect Ridge ApartmentsStudioStudio, 1BA$725
150 Poppe DrStudioStudio, 1BA$725
Erin Apartments2 Beds, 1 bath2BR, 1BA$750
Fremont Omega Apartments2BR/1.0BA2BR, 1BA$845
The Apartment Place1BR/1BA1BR, 1BA$895
Nye ApartmentsTwo Bed, One Bath2BR, 1BA$945
Wellington At The DunesOpen living space + spacious master with vaulte...1BR, 1BA$950
Cambridge ApartmentsTwo Bedroom2BR, 1BA$973
The ArborsSapling1BR, 1BA$980

Best Value Apartments for Rent in Madison, NE and Nearby

As of September 17, 2026 the best value apartment in the Madison area is the $1.17 price per square foot 3 Bedrooms / 2 1/2 Bathrooms Townhome Model at Gatewood Estates starting from $1,660. The second greatest value Madison apartment is the 3 Bed and 2.5 Bath Model at River Drive Townhomes starting at $1,200 with a $0.92 price per square foot. 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.
Gatewood Estates3 Bedrooms / 2 1/2 Bathrooms Townhome3BR, 2BA$1.17
River Drive Townhomes3 Bed and 2.5 Bath3BR, 2.5BA$0.92
414 W Phillip Ave2 Beds, 1 bath2BR, 1BA$1.12
Woodbury Heights3 Bedroom 1 Bath3BR, 1BA$0.99
Prairiewood Apartments and Townhomes2 Bedrooms / 2 Bathrooms2BR, 2BA$1.19
Villas At The Pines2 Bedroom2BR, 2BA$1.14
Prairie Park Apartments2 Bed, 2 Bath2BR, 2BA$1.18
Nye ApartmentsTwo Bed, Two Bath2BR, 2BA$1.00
Cambridge ApartmentsTwo Bedroom2BR, 1BA$0.97
The Apartment Place1BR/1BA1BR, 1BA$1.07

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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, NE Rentals by Map

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Frequently Asked Questions about Cheap Madison Apartments

What is the Cheapest Studio apartment in Madison?

Currently the most affordable Cheap Studio Apartment in Madison is at Oak Park Apartments listed at $580.

How much is rent for a Cheap One Bedroom Madison Apartment?

The lowest price for a Cheap One Bedroom Madison Apartment is $825 at Prospect Ridge Apartments.

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 $750 at Erin Apartments.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Erin Apartments and starts from $1,000.

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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.