Cheap Apartments for Rent in Madison, OH from $300 (46 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

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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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.

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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

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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Showing Results 1-46, Page 1 of 1

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 Painesville Townhouse Apartments in the Northeast Cleveland neighborhood priced from $595. Greenway Senior Housing in the Ashtabula Harbor neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $680. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Painesville Townhouse Apartments2 Beds, 1 bath2BR,1BA$595
Greenway Senior HousingGreenway Senior2BR,1BA$680
Dartmouth Place ApartmentsDartmouth: 1 Bed 1 Bath - Premium1BR,1BA$900
Andover Courtyard1Bed 1 Bath1BR,1BA$950
Normandy Manor Apartments2 Bedroom 1 Bath2BR,1BA$1,050
Richlawn ApartmentsWelcome Home To Richlawn Apartments!1BR,1BA$1,050
Oak Hill Village ApartmentsOne Bedroom1BR,1BA$1,072
Chardon Hills1 Bedroom - Unit A1BR,1BA$1,085
Queensdale Apartments2 Bedroom2BR,1BA$1,100
HollydaleHollydale: 2 Bed 1 Bath - Upgraded2BR,1BA$1,100

Best Value Apartments for Rent in Madison, OH and Nearby

As of April 28, 2026 the best value apartment in the Madison area is the $1.32 price per square foot Colonial Village: 2 Bed 1 Bath - Premium Model at Colonial Village in the in the Whalers Cove neighborhood starting from $1,250. 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.
Colonial VillageColonial Village: 2 Bed 1 Bath - Premium2BR,1BA$1.32
Greenway Senior HousingGreenway Senior2BR,1BA$0.77
Summertree 7701 Sharon DrWelcome Home to Summertree Apartments!2BR,1BA$1.41
HollydaleHollydale: 2 Bed 1 Bath - Premium2BR,1BA$1.44
Normandy Manor Apartments2 Bedroom 1 Bath2BR,1BA$1.27
Queensdale Apartments2 Bedroom2BR,1BA$1.38
Chardon Hills1 Bedroom - Unit A1BR,1BA$1.50
Oak Hill Village ApartmentsOne Bedroom1BR,1BA$1.56
Painesville Townhouse Apartments1 Bed, 1 bath1BR,1BA$1.08
Dartmouth Place ApartmentsDartmouth: 1 Bed 1 Bath - Premium1BR,1BA$1.56

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Remember the 3 Rules of Real Estate:
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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 $650 at Painesville Townhouse 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 $595 at Painesville Townhouse Apartments.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.