Cheap Apartments for Rent in Madison, NY from $600 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Madison.

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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121 Park Dr
Studio Apartments

121 Park Dr

121 Park DrManlius, NY 13104
  • Utilities Included

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.

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207 Maple St
2 Bedroom Apartments

207 Maple St

207 Maple StRome, NY 13440
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Madison, NY Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, NY is a 1 Bed unit found at Holiday Efficiency Apartments in the Outer Utica neighborhood priced from $600. The Olbiston Apartments in the Adrian Terrace neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $737. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holiday Efficiency ApartmentsStudio1BR,1BA$600
The Olbiston ApartmentsStudioStudio,1BA$737
The Lofts at Globe Mill1 Bedroom1BR,1BA$741
Rose Garden ApartmentsTwo bedroom2BR,1BA$810
Norwich Court ApartmentsstudioStudio,1BA$850
Garden ApartmentsStudioStudio,1BA$875
Manlius Academy2x1AGMA2BR,1BA$1,034
Wildwood Ridge ApartmentsOne Bedroom1BR,1BA$1,100
Maple Tree ApartmentsC2BR,1BA$1,150
13 Redfield AveRedfield2BR,1BA$1,200

Best Value Apartments for Rent in Madison, NY and Nearby

As of June 01, 2025 the best value apartment in the Madison area is the $1.25 price per square foot 3 Bed/1 Bath Utilities Included Model at Fayetteville Pines Townhouses in the starting from $1,500. The second greatest value Madison apartment is the Style 2B Model at Lewiston Properties starting at $1,535 with a $1.28 price per square foot in the Outer Utica neighborhood. Here is today’s list of the best values for Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fayetteville Pines Townhouses3 Bed/1 Bath Utilities Included3BR,1BA$1.25
Lewiston PropertiesStyle 2B2BR,2.5BA$1.28
Hartford Mills ApartmentsFloor Plan 12BR,1BA$1.24
13 Redfield AveRedfield2BR,1BA$1.20
Manlius Academy2x1AGMA2BR,1BA$1.09
Wildwood Ridge ApartmentsOne Bedroom1BR,1BA$1.22
Garden ApartmentsStudioStudio ,1BA$1.22
Rose Garden ApartmentsTwo bedroom2BR,1BA$1.16
Holiday Efficiency ApartmentsStudio1BR,1BA$0.92
The Lofts at Globe Mill1 Bedroom1BR,1BA$1.14

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Madison, NY Rentals by Map

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See the most popular apartments and homes in Madison, NY

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Getting Around Madison, NY

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 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

What is the Cheapest Studio apartment in Madison?

Currently the most affordable Cheap Studio Apartment in Madison is at The Olbiston Apartments listed at $737.

How much is rent for a Cheap One Bedroom Madison Apartment?

The lowest price for a Cheap One Bedroom Madison Apartment is $600 at Holiday Efficiency Apartments.

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 $810 at Rose Garden Apartments.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Fennaway Green Apartments and starts from $1,400.

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.

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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.

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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.

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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.

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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.