
Cheap Homes for Rent in Madison, NE from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.


317 Main St

1208 26th St

1204 26th St

701 Clark St

609 Ivy St

1302 Pierce St

902 T St

410 S 4th St

1600 26th St

723 S College St, Unit 723
Madison, NE 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 | $1,107 | $650 | $1,595 |
Madison 3 Bedroom Homes for Rent | $1,567 | $765 | $2,950 |
Madison 4 Bedroom Homes for Rent | $1,341 | $1,150 | $1,450 |
Madison 5 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
Browse Top Homes for Rent in Madison
Explore Madison
Madison, NE Local Guide
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Cheapest Available Madison Apartments for Rent and Nearby
 The cheapest available apartment rental in Madison, NE is a 1 Bed unit found at Fremont Omega - A 55+ Senior Community priced from $725. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fremont Omega - A 55+ Senior Community | 1 Bed 1 Bath | 1BR,1BA | $725 |
Prospect Ridge Apartments | Studio | Studio,1BA | $725 |
Erin Apartments | 2 Beds, 1 bath | 2BR,1BA | $750 |
River Valley Apartments | One bedroom | 1BR,1BA | $850 |
The Apartment Place | 1BR/1BA | 1BR,1BA | $895 |
Best Value Apartments for Rent in Madison, NE and Nearby
As of July 28, 2025 the best value apartment in the Madison area is the $1.16 price per square foot 2 Beds, 1 bath Model at 414 W Phillip Ave in the starting from $1,450. The second greatest value Madison apartment is the 2 Bedroom Model at Villas At The Pines starting at $1,295 with a $1.14 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. |
---|---|---|---|
414 W Phillip Ave | 2 Beds, 1 bath | 2BR,1BA | $1.16 |
Villas At The Pines | 2 Bedroom | 2BR,2BA | $1.14 |
Dakota Prairie Apartments | Two Bedroom, Two Bath | 2BR,2BA | $1.15 |
Prairie Park Apartments | 2 Bed, 2 Bath | 2BR,2BA | $1.19 |
Erin Apartments | 4 Beds, 2 baths | 4BR,2BA | $1.20 |
The Apartment Place | 1BR/1BA | 1BR,1BA | $1.07 |
Fountain Springs | Birch | 1BR,1BA | $1.19 |
Conestoga Crossing | TWO BEDROOM FLOORPLAN | 2BR,2BA | $1.20 |
Lincoln Woods | 1 Bedroom | 1BR,1BA | $1.23 |
Fremont Omega - A 55+ Senior Community | 1 Bed 1 Bath | 1BR,1BA | $1.12 |
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 41 Apartments for Rent in Madison, NE with pricing that ranges from $675 to $2,469. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $650 to $2,950.
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 $650 to $2,950 with an average monthly rent of $1,243.
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 $1,000 to $2,469, while Three Bedroom Homes, Condos, and Townhomes for rent range from $765 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $1,200.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.