306 Springfield Ave
SummitNJ07901
Cheap Homes for Rent in Madison, NJ from $2,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
157 Washington St
MorristownNJ07960
4 John St
SummitNJ07901
73 Troy Dr
SpringfieldNJ07081
80C Troy Dr
SpringfieldNJ07081
26 Hillside Ave
ChathamNJ07928
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.
71 North St
MadisonNJ07940
445 Morris Ave
SpringfieldNJ07081
14 Elmer St
MadisonNJ07940
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.
3107 Pointe Gate Dr
LivingstonNJ07039
19 E Hanover Ave
Morris PlainsNJ07950
131 N Passaic Ave
ChathamNJ07928
Showing Results 1-12, 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 | $3,300 | $2,100 | $5,500 |
| Madison 3 Bedroom Homes for Rent | $4,483 | $3,000 | $5,650 |
| Madison 4 Bedroom Homes for Rent | $5,163 | $4,000 | $8,000 |
| Madison 5 Bedroom Homes for Rent | $9,566 | $5,900 | $10,000+ |
| Madison 6 Bedroom Homes for Rent | $12,500 | $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 Cardinal Hill in the Benders Corner neighborhood priced from $2,245. 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 |
|---|---|---|---|
| Cardinal Hill | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2,245 |
| Chatham on Main | 1BR Medium | 1BR,1BA | $2,350 |
| Franklin Manor Apartments | 1BR/1BA | 1BR,1BA | $2,425 |
| Sun Valley at Florham Park | Caldwell | 1BR,1BA | $2,495 |
| Chatham Hill | 1BR 1BA (780sf) | 1BR,1BA | $2,516 |
Best Value Apartments for Rent in Madison, NJ
As of June 20, 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 B1TB Model at Avalon at Florham Park starting at $3,795 with a $3.39 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 |
| Avalon at Florham Park | B1TB | 2BR,2BA | $3.39 |
| 100 Main St, Unit 1 | 100 Main St | 2BR,1BA | $2.79 |
| Spring Brook At Chatham | The Hamilton | 2BR,1BA | $2.80 |
| 40 Main St, Unit 1 | 40 Main St | 2BR,2BA | $2.74 |
| Rose Hall | 1 Bed 1 Bath | 1BR,1BA | $3.20 |
| Chatham on Main | 1BR Large | 1BR,1BA | $3.01 |
| Chatham Hill | 1BR 1BA (780sf) | 1BR,1BA | $3.23 |
| Rosedale Manor | Two Bedrooms | 2BR,1BA | $3.37 |
| 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.
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 64 Apartments for Rent in Madison, NJ with pricing that ranges from $1,664 to $11,050. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $2,100 to $12,500.
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 $2,100 to $12,500 with an average monthly rent of $6,247.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.