
Cheap Apartments for Rent in Madison, NJ from $1,400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.


Madison Apartments

General Wayne and Ridgedale Gardens

25 Gibbons Pl
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.

Cardinal Hill

320 South St

Park Avenue At Florham Park
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.

Sun Valley at Florham Park

Chatham on Main

Franklin Manor Apartments

380 Main St, Unit 36
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.

17 Chestnut Rd
Madison, NJ Local Guide

How much does it cost to rent an apartment in Madison?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Madison Studio Apartments | $2,325 | $2,325 | $2,325 |
Cheap Madison 1 Bedroom Apartments | $2,940 | $1,950 | $5,380 |
Cheap Madison 2 Bedroom Apartments | $3,844 | $2,500 | $6,950 |
Cheap Madison 3 Bedroom Apartments | $4,616 | $3,475 | $7,895 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, NJ Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Madison Apartments for Rent
 The cheapest available apartment rental in Madison, NJ is a 1 Bed unit found at Sun Valley at Florham Park priced from $2,295. Chatham on Main has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,350. Here is today’s list of the most affordable Madison apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sun Valley at Florham Park | Caldwell | 1BR,1BA | $2,295 |
Chatham on Main | 1BR Medium | 1BR,1BA | $2,350 |
Franklin Manor Apartments | 1BR/1BA | 1BR,1BA | $2,350 |
Madison Apartments | A01 | 1BR,1BA | $2,400 |
Chatham Hill | 1BR 1BA (820sf) | 1BR,1BA | $2,475 |
Best Value Apartments for Rent in Madison, NJ
As of September 14, 2025 the best value apartment in the Madison area is the $2.97 price per square foot Addington Model at The Promenade at Summit in the starting from $3,650. The second greatest value Madison apartment is the $3.11/sq.ft. - Residence 1-1J Model at 147 Columbia starting at $3,550 with a $3.11 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 | Addington | 2BR,2BA | $2.97 |
147 Columbia | $3.11/sq.ft. - Residence 1-1J | 1BR,1BA | $3.11 |
28 Green Ave, Unit 28 Green Ave #1 | 28 Green Ave | 2BR,1BA | $2.55 |
100 Main St, Unit 1 | 100 Main St | 2BR,1BA | $2.79 |
Jackson House Apartments | Two Bedroom | 2BR,1BA | $2.73 |
Spring Brook At Chatham | The Hamilton | 2BR,1BA | $3.30 |
General Wayne and Ridgedale Gardens | TWO BEDROOMS | 2BR,1BA | $2.94 |
Chatham on Main | 1BR Large | 1BR,1BA | $3.01 |
Chatham Hill | 1BR 1BA (780sf) | 1BR,1BA | $3.18 |
300 Main St, Unit 2 | 300 Main St | 1BR,1BA | $2.79 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
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 $2,295 at Sun Valley 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 $2,650 at General Wayne and Ridgedale Gardens.
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 $3,475.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.