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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.
96 Ridgedale Ave
MadisonNJ07940
25 Alma Ave
MadisonNJ07940
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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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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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Rent Specials
$2,065 - $2,7301 to 2 Bedroom Apartments Available Now
Cardinal Hill
420 River RdChatham, NJ 07928
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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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$2,200 - $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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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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Rent Specials
$2,400 - $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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Rent Specials
$2,493 - $5,0231 to 3 Bedroom Apartments Available Now
Chatham Hill Apartments
25 Hickory PlChatham, NJ 07928
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Rent Specials
$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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Rent Specials
$2,599 - $3,5951 to 3 Bedroom Apartments Available Now
Spring Brook At Chatham
540-575 Main StChatham, NJ 07928
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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.
141 Riveredge Dr
Chatham TownshipNJ07928
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 | $2,901 | $1,950 | $4,500 |
| Cheap Madison 2 Bedroom Apartments | $3,743 | $2,370 | $6,460 |
| Cheap Madison 3 Bedroom Apartments | $4,294 | $3,225 | $5,999 |
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 |
| Rosedale Manor | One Bedroom | 1BR,1BA | $2,295 |
Best Value Apartments for Rent in Madison, NJ
As of December 17, 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 |
| Avalon Townhome Collection Florham Park | B1TB | 2BR,2BA | $3.11 |
| 100 Main St, Unit 1 | 100 Main St | 2BR,1BA | $2.79 |
| Jackson House Apartments | Two Bedroom | 2BR,1BA | $2.73 |
| The M at Morristown | A4 | 1BR,1BA | $3.08 |
| 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.
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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
Getting Around Madison, NJ
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.