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$1,9951 Bedroom Apartment Available Now
150 Main St
150 Main StMadison, NJ 07940
Cheap Apartments for Rent in Madison, NJ from $1,400 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.
96 Ridgedale Ave
MadisonNJ07940
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$2,040 - $3,3351 to 2 Bedroom Apartments Available Now
General Wayne and Ridgedale Gardens
10 Ridgedale AveMadison, NJ 07940
17 Waverly Pl
MadisonNJ07940
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$2,235 - $7,000Studio to 3 Bedroom Apartments Available Now
Rose Hall
10 Kings RdMadison, NJ 07940
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$2,295 - $2,6451 to 2 Bedroom Apartments Available Now
Rosedale Manor
171 Main StMadison, NJ 07940
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.
16 Cross St
MadisonNJ07940
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1 to 3 Bedroom Apartments
Madison Mall on Main Luxury Apartments
286 Main StMadison, NJ 07940
19 Bowers Ln
Chatham TownshipNJ07928
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$1,9501 Bedroom Apartment Available Now
300 Main St, Unit 2
300 Main StChatham, NJ 07928
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$2,0251 Bedroom Apartment Available Now
37 Lafayette Ave, Unit 1
37 Lafayette AveChatham, NJ 07928
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Rent Specials
$2,065 - $2,7301 to 2 Bedroom Apartments Available Now
Cardinal Hill
420 River RdChatham, 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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Rent Specials
$2,150 - $2,5501 to 2 Bedroom Apartments Available Now
Franklin Manor Apartments
114 Franklin StMorristown, NJ 07960
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$2,250 - $2,9001 to 2 Bedroom Apartments Available Now
Park Avenue At Florham Park
804 Ward PlFlorham Park, NJ 07932
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Rent Specials
$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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$2,400 - $3,0001 to 2 Bedroom Apartments Available Now
Chatham on Main
555 Main StChatham, NJ 07928
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1 to 3 Bedroom Apartments
Lindsley Arms Apartments
2 Lindsley DrMorristown, NJ 07960
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2 to 3 Bedroom Apartments
Cornerstone at Chatham
522 Southern BlvdChatham, NJ 07928
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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1 to 2 Bedroom Apartments
Alister Morristown
1 Washington AveMorristown, NJ 07960
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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 | $2,330 | $2,235 | $2,425 |
| Cheap Madison 1 Bedroom Apartments | $2,841 | $1,800 | $4,500 |
| Cheap Madison 2 Bedroom Apartments | $3,828 | $2,200 | $7,020 |
| Cheap Madison 3 Bedroom Apartments | $4,330 | $3,125 | $6,270 |
| 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 General Wayne and Ridgedale Gardens priced from $2,040. Cardinal Hill in the Benders Corner neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,065. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| General Wayne and Ridgedale Gardens | ONE BEDROOM | 1BR,1BA | $2,040 |
| Cardinal Hill | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2,065 |
| Franklin Manor Apartments | 1BR/1BA | 1BR,1BA | $2,150 |
| Rose Hall | Studio | Studio,1BA | $2,235 |
| Park Avenue At Florham Park | 1 Bedroom | 1BR,1BA | $2,250 |
Best Value Apartments for Rent in Madison, NJ
As of January 19, 2026 the best value apartment in the Madison area is the $1.87 price per square foot Two Bedroom-Townhouse Model at Towne Gardens Townhomes in the starting from $3,055. The second greatest value Madison apartment is the $2.74/sq.ft. - Residence 1-2D Model at 147 Columbia starting at $4,275 with a $2.79 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. |
|---|---|---|---|
| Towne Gardens Townhomes | Two Bedroom-Townhouse | 2BR,1BA | $1.87 |
| 147 Columbia | $2.74/sq.ft. - Residence 1-2D | 2BR,2BA | $2.79 |
| The Promenade at Summit | Devonshire | 2BR,2BA | $3.04 |
| 100 Main St, Unit 1 | 100 Main St | 2BR,1BA | $2.79 |
| The M at Morristown | A4 | 1BR,1BA | $3.08 |
| Rose Hall | 1 Bed 1 Bath | 1BR,1BA | $3.02 |
| 37 Lafayette Ave, Unit 1 | 37 Lafayette Ave | 1BR,1BA | $2.89 |
| 300 Main St, Unit 2 | 300 Main St | 1BR,1BA | $2.79 |
| 150 Main St | 150 Main St | 1BR,1BA | $2.85 |
| General Wayne and Ridgedale Gardens | ONE BEDROOM | 1BR,1BA | $2.98 |
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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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 $2,040 at General Wayne and Ridgedale Gardens.
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 $3,125.
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
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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!