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Cheap Apartments for Rent in Madison, NJ from $1,400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.
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$2,145 - $3,2401 to 2 Bedroom Apartments Available Now
General Wayne and Ridgedale Gardens
10 Ridgedale AveMadison, NJ 07940
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$2,260 - $4,8701 to 3 Bedroom Apartments Available Now
Madison Mall on Main Luxury Apartments
296 Main StMadison, NJ 07940
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17 Waverly Pl
MadisonNJ07940
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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.
17 Bowers Ln
ChathamNJ07928
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$2,065 - $2,7301 to 2 Bedroom Apartments Available Now
Cardinal Hill
420 River RdChatham, NJ 07928
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$2,150 - $2,5501 to 2 Bedroom Apartments Available Now
Franklin Manor Apartments
114 Franklin StMorristown, NJ 07960
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$2,200 - $2,8001 to 2 Bedroom Apartments Contact Us For Availability
Park Avenue At Florham Park
804 Ward PlFlorham Park, NJ 07932
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$2,338 - $3,0001 to 2 Bedroom Apartments Available Now
Chatham on Main
555 Main StChatham, NJ 07928
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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$2,345 - $3,4951 to 3 Bedroom Apartments Available Now
Sun Valley at Florham Park
6200 Darling DrFlorham Park, NJ 07932
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$2,426 - $5,0271 to 3 Bedroom Apartments Available Now
Chatham Hill Apartments
25 Hickory PlChatham, NJ 07928
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$2,4951 Bedroom Apartments Contact Us For Availability
Chatham Arms
49 S. Passaic AveChatham, NJ 07928
19E Kensington Rd, Unit E
19E Kensington Rd
ChathamNJ07928
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$2,599 - $3,5951 to 3 Bedroom Apartments Available Now
Spring Brook At Chatham
540-575 Main StChatham, NJ 07928
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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4 Avon Ct
Chatham TownshipNJ07928
Showing Results 1-23, Page 1 of 1
Madison, NJ Local Guide
Madison downtown by Leif Knutsen is licensed under Internal
How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Madison Studio Apartments | $2,362 | $2,325 | $2,400 |
| Cheap Madison 1 Bedroom Apartments | $2,876 | $1,800 | $4,500 |
| Cheap Madison 2 Bedroom Apartments | $3,925 | $2,350 | $7,005 |
| Cheap Madison 3 Bedroom Apartments | $4,290 | $3,225 | $5,999 |
| Cheap Madison 4 Bedroom Apartments | $5,200 | $5,200 | $5,200 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, NJ Local Guide
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Cheapest Available Madison Apartments for Rent
The cheapest available apartment rental in Madison, NJ is a 1 Bed unit found at Cardinal Hill in the Benders Corner neighborhood priced from $2,065. General Wayne and Ridgedale Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,145. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cardinal Hill | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2,065 |
| General Wayne and Ridgedale Gardens | ONE BEDROOM | 1BR,1BA | $2,145 |
| Franklin Manor Apartments | 1BR/1BA | 1BR,1BA | $2,150 |
| Madison Mall on Main Luxury Apartments | One Bedroom | 1BR,1BA | $2,260 |
| Madison Mall on Main Luxury Apartments | One Bedroom | 1BR,1BA | $2,260 |
Best Value Apartments for Rent in Madison, NJ
As of December 28, 2025 the best value apartment in the Madison area is the $3.04 price per square foot Devonshire Model at The Promenade at Summit in the starting from $4,285. The second greatest value Madison apartment is the $2.97/sq.ft. - Residence 1-1J Model at 147 Columbia starting at $3,395 with a $2.97 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. |
|---|---|---|---|
| The Promenade at Summit | Devonshire | 2BR,2BA | $3.04 |
| 147 Columbia | $2.97/sq.ft. - Residence 1-1J | 1BR,1BA | $2.97 |
| 100 Main St, Unit 1 | 100 Main St | 2BR,1BA | $2.79 |
| The M at Morristown | A4 | 1BR,1BA | $3.08 |
| Jackson House Apartments | One Bedroom | 1BR,1BA | $3.11 |
| Madison Mall on Main Luxury Apartments | One Bedroom | 1BR,1BA | $2.83 |
| Madison Mall on Main Luxury Apartments | One Bedroom | 1BR,1BA | $2.83 |
| 150 Main St | 150 Main St | 1BR,1BA | $2.85 |
| 37 Lafayette Ave, Unit 1 | 37 Lafayette Ave | 1BR,1BA | $2.89 |
| 300 Main St, Unit 2 | 300 Main St | 1BR,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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The 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.
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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, NJ Rentals by Map
See the most popular apartments and homes in Madison, NJ
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 $2,065 at Cardinal Hill.
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 $2,550 at Franklin Manor Apartments.
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 $3,225.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!