27 Bowers Ln
Chatham TownshipNJ07928
Cheap Homes for Rent in Madison, NJ from $2,400 (5 Rentals)
Cheap Homes in Madison.
19 King St
MorristownNJ07960
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
3 Community Pl
MadisonNJ07940
199 Vista Dr
HanoverNJ07927
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
453 Springfield Ave
Berkeley HeightsNJ07922
Showing Results 1-5, Page 1 of 1
Madison, NJ Local Guide
Madison downtown by Leif Knutsen is licensed under Internal
How much does it cost to rent a home in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison 2 Bedroom Homes for Rent | $3,177 | $2,400 | $4,250 |
| Madison 3 Bedroom Homes for Rent | $4,460 | $3,350 | $5,300 |
| Madison 4 Bedroom Homes for Rent | $5,514 | $3,900 | $9,000 |
| Madison 6 Bedroom Homes for Rent | $19,500 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Madison
Explore 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 Chatham Arms priced from $2,100. General Wayne and Ridgedale Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,160. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chatham Arms | Fully Renovated 1 bdrm / 1 bath | 1BR,1BA | $2,100 |
| General Wayne and Ridgedale Gardens | ONE BEDROOM | 1BR,1BA | $2,160 |
| Cardinal Hill | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2,195 |
Best Value Apartments for Rent in Madison, NJ
As of May 04, 2025 the best value apartment in the Madison area is the $2.88 price per square foot Devonshire Model at The Promenade at Summit in the starting from $4,050. The second greatest value Madison apartment is the 100 Main St Model at 100 Main St, Unit 1 starting at $2,925 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. |
|---|---|---|---|
| The Promenade at Summit | Devonshire | 2BR,2BA | $2.88 |
| 100 Main St, Unit 1 | 100 Main St | 2BR,1BA | $2.79 |
| Jackson House Apartments | Two Bedroom | 2BR,1BA | $2.69 |
| The M at Morristown | A5 | 1BR,1BA | $3.10 |
| Spring Brook At Chatham | The Jefferson | 2BR,1BA | $3.23 |
| 40 Main St, Unit 1 | 40 Main St | 2BR,2BA | $2.74 |
| Chatham Arms | Fully Renovated 1 bdrm / 1 bath | 1BR,1BA | $2.33 |
| Madison Mall Apartments | One Bedroom | 1BR,1BA | $3.12 |
| 300 Main St, Unit 2 | 300 Main St | 1BR,1BA | $2.79 |
| General Wayne and Ridgedale Gardens | ONE BEDROOM | 1BR,1BA | $3.15 |
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.
Let everyone know!
Do you know the Madison area?
If you’re an expert on all things Madison, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 65 Apartments for Rent in Madison, NJ with pricing that ranges from $1,664 to $8,150. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $2,400 to $23,000.
What is the current price range for Rental Homes in Madison?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison ranges from $2,400 to $23,000 with an average monthly rent of $8,162.
How much are larger Three and Four Bedroom Rentals in Madison?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison range from $1,917 to $5,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,350 to $5,300. Four Bedroom Single-Family rentals are also available starting from $3,900 and Four Bedroom Apartments start at $3,000.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.