Cheap Apartments for Rent in Madison, NJ from $1,400 (26 Rentals)

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

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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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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Cash 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.

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Alister Morristown
1 to 2 Bedroom Apartments

Alister Morristown

1 Washington AveMorristown, NJ 07960

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.

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Showing Results 1-26, Page 1 of 1

Madison, NJ Local Guide

Cheapest Available Madison Apartments for Rent

 

The cheapest available apartment rental in Madison, NJ is a 1 Bed unit found at Park Avenue At Florham Park priced from $2,250. Chatham on Main has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,400. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Avenue At Florham Park1 Bedroom1BR,1BA$2,250
Chatham on Main1BR Standard1BR,1BA$2,400
Chatham Hill Apartments1BR 1BA (820sf)1BR,1BA$2,445
Franklin Manor Apartments1BR/1BA1BR,1BA$2,450
Tudor House at Madison1 Bed 1 Bath1BR,1BA$2,700
Jackson House ApartmentsTwo Bedroom2BR,1BA$2,845
Madison ApartmentsB012BR,1BA$2,850

Best Value Apartments for Rent in Madison, NJ

As of June 06, 2026 the best value apartment in the Madison area is the $2.77 price per square foot Columbia Model at Sun Valley at Florham Park in the starting from $3,775. The second greatest value Madison apartment is the $3.00/sq.ft. - Residence 1-1H Model at 147 Columbia starting at $3,450 with a $3.00 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.
Sun Valley at Florham ParkColumbia3BR,2.5BA$2.77
147 Columbia$3.00/sq.ft. - Residence 1-1H1BR,1BA$3.00
Madison Mall on Main Luxury ApartmentsThe Gramercy Luxury2BR,2BA$2.88
Avalon Townhome Collection Florham ParkB1T2BR,2BA$3.28
Jackson House ApartmentsTwo Bedroom2BR,1BA$2.76
Spring Brook At ChathamThe Hamilton2BR,1BA$3.00
The M at MorristownA41BR,1BA$3.08
73 Park Ave, Unit 73 Park ve 2nd Floor73 Park Ave2BR,1BA$2.32
17 Greenwood Ave, Unit Apt 30317 Greenwood Ave1BR,1BA$3.38
300 Main St, Unit 2300 Main St1BR,1BA$2.79

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

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Frequently Asked Questions about Cheap Madison Apartments

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

The lowest price for a Cheap One Bedroom Madison Apartment is $2,250 at Park Avenue At Florham Park.

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 $2,500 at Park Avenue At Florham Park.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Sun Valley at Florham Park and starts from $3,625.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.