Cheap Apartments for Rent in Madison, OH from $300 (52 Rentals)

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

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Vineyards of Madison
2 Bedroom Apartments

Vineyards of Madison

6700 Grape Arbor DrMadison, OH 44057
  • Utilities Included
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Lakeside Villas
1 to 2 Bedroom Apartments

Lakeside Villas

1988 Lakeside DrMadison, OH 44057
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Chestnut Village 55+
1 Bedroom Apartments

Chestnut Village 55+

5321 Chestnut AveAshtabula, OH 44004
Senior Living
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Normandy Townhomes
2 Bedroom Apartments

Normandy Townhomes

1204 Pennsylvania AveAshtabula, OH 44004
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Jeremy Park
Studio to 2 Bedroom Apartments

Jeremy Park

61 N Maple StOrwell, OH 44076
Senior Living
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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Madison, OH Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, OH is a 2 Beds unit found at Greenway Senior Housing in the Ashtabula Harbor neighborhood priced from $680. Hilltop Apartments and Townhomes in the Brentwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greenway Senior HousingGreenway Senior2BR,1BA$680
Hilltop Apartments and TownhomesOne Bedroom1BR,1BA$925
HollydaleHollydale: 1 Bed 1 Bath - Upgraded1BR,1BA$1,015
Parkway2BR.1BA.705SF2BR,1BA$1,025
Richlawn ApartmentsWelcome Home To Richlawn Apartments!1BR,1BA$1,050
Queensdale Apartments2 Bedroom2BR,1BA$1,100
Oak Hill Village ApartmentsOne Bedroom1BR,1BA$1,136
Villas of Geneva1 Bedroom1BR,1BA$1,149
Summertree 7701 Sharon DrWelcome Home to Summertree Apartments!2BR,1BA$1,200
Park House 7945-7947 Mentor AveWelcome Home To Park House Apartments!1BR,1BA$1,200

Best Value Apartments for Rent in Madison, OH and Nearby

As of July 28, 2026 the best value apartment in the Madison area is the $1.45 price per square foot BA1G Model at Cobblestone Court Apartments in the in the East Mentor neighborhood starting from $1,575. The second greatest value Madison apartment is the Greenway Senior Model at Greenway Senior Housing starting at $680 with a $0.77 price per square foot in the Ashtabula Harbor 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.
Cobblestone Court ApartmentsBA1G2BR,1BA$1.45
Greenway Senior HousingGreenway Senior2BR,1BA$0.77
Hilltop Apartments and TownhomesOne Bedroom1BR,1BA$1.07
Summertree 7701 Sharon DrWelcome Home to Summertree Apartments!2BR,1BA$1.41
Integrity Chardon / Maple Ridge Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.58
The Hamlets at Willoughby1BR.1BA.800SF1BR,1BA$1.66
Queensdale Apartments2 Bedroom2BR,1BA$1.38
Parkway2BR.1BA.705SF2BR,1BA$1.45
Oak Hill Village ApartmentsOne Bedroom1BR,1BA$1.65
HollydaleHollydale: 1 Bed 1 Bath - Upgraded1BR,1BA$1.61

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

Explore Madison, OH Rentals by Map

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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 $925 at Hilltop Apartments and Townhomes.

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 $680 at Greenway Senior Housing.

What is the most affordable Madison Three Bedroom Apartment?

The best deal on a cheap Madison Three Bedroom Apartment rental is at Queensdale Apartments and starts from $1,200.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.