Cheap Homes for Rent in Madison, NY from $700 (10 Rentals)

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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.

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.

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 Community View Apartments priced from $337. Norwich Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Community View Apartments1 Bedroom 1 Bath1BR,1BA$337
Norwich Court ApartmentsstudioStudio,1BA$850
208 Jefferson Ave1 Bedroom 1 Bath1BR,1BA$850

Best Value Apartments for Rent in Madison, NY and Nearby

As of September 19, 2025 the best value apartment in the Madison area is the $1.30 price per square foot 2BR/2.0BA Model at Rathbun Lofts in the in the Adrian Terrace neighborhood starting from $2,200. The second greatest value Madison apartment is the Style 2D Model at Lewiston Properties starting at $2,000 with a $1.67 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.
Rathbun Lofts2BR/2.0BA2BR,2BA$1.30
Lewiston PropertiesStyle 2D2BR,1.5BA$1.67
Fayetteville Pines Townhouses3 Bed/1 Bath Utilities Included3BR,1BA$1.25
Carriage Apartments2 Bed 1 Bath + Balcony2BR,1BA$1.75
Hickory Hills Apartments2 Beds, 1 bath2BR,1BA$1.43
Wildwood Ridge ApartmentsOne Bedroom1BR,1BA$1.33
Hartford Mills ApartmentsFloor Plan 62BR,1BA$1.71
Community View Apartments1 Bedroom 1 Bath1BR,1BA$0.48
208 Jefferson Ave1 Bedroom 1 Bath1BR,1BA$1.31
Lofts at Globe Mill1 Bed 1 Bath A1BR,1BA$1.49

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

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Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 58 Apartments for Rent in Madison, NY with pricing that ranges from $337 to $3,700. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $785 to $4,300.

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 $785 to $4,300 with an average monthly rent of $1,955.

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 $1,095 to $3,260, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $4,300. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,300.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

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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.