Cheap Homes for Rent in Madison, VA from $1,500 (8 Rentals)

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

property at 1601 N Seminole Trail

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

3 Bedroom, 2 Bath Townhome for Rent

Available Now

1601 N Seminole Trail

MadisonVA22727
property at 248 Lake Saponi Dr

$1,575

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,575

Total Monthly Price
$1,575

2 Bedroom, 1.5 Bath Home for Rent

Available May 1

248 Lake Saponi Dr

BarboursvilleVA22923
property at 98 Lee Ave

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Jun 24

98 Lee Ave

ElktonVA22827
property at 1760 Birch Dr

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 2 Bath Home for Rent

Available Now

1760 Birch Dr

CulpeperVA22701

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.

property at 5541 Sperryville Pike

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 2 Bath Home for Rent

Available Now

property at 1358 Graves Mill Rd

$1,825

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,825

Total Monthly Price
$1,825

3 Bedroom, 1 Bath Home for Rent

Available Now

1358 Graves Mill Rd

MadisonVA22727
property at 2455 Whitney Ct

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 1.5 Bath Townhome for Rent

Available Now

2455 Whitney Ct

CharlottesvilleVA22911
property at 1819 Picadilly Circus

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 2 Bath Townhome for Rent

Available Now

1819 Picadilly Circus

CulpeperVA22701

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, VA Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, VA is a 1 Bed unit found at Park's Edge Apartments in the The Meadows neighborhood priced from $857. Ryan School Apartments in the The Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $893. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park's Edge ApartmentsA1 (40% AMI)1BR,1BA$857
Ryan School ApartmentsOne bedroom1BR,1BA$893
Parkview ApartmentsOne bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Madison, VA and Nearby

As of April 21, 2026 the best value apartment in the Madison area is the $1.51 price per square foot Ashton 3x3.5 Model at The Villages at Terrace Greene in the starting from $2,899. The second greatest value Madison apartment is the 2 Bed, 2 Bath w/ Den (Renovated) Model at The Perch on Woodbrook starting at $1,995 with a $1.50 price per square foot . 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.
The Villages at Terrace GreeneAshton 3x3.53BR,3.5BA$1.51
The Perch on Woodbrook2 Bed, 2 Bath w/ Den (Renovated)2BR,2BA$1.50
TreesdaleThe Ivy2BR,2BA$1.19
Round Hill MeadowsThe Rapidan2BR,2BA$1.03
Arbors at 29 North2 Bedroom2BR,1BA$1.59
Wilton Farm ApartmentsModel 2A2BR,1BA$1.63
Northridge ApartmentsThe Stafford (Greens)1BR,1BA$1.63
Westgate ApartmentsOne Bedroom1BR,1BA$1.58
Park's Edge ApartmentsA1 (40% AMI)1BR,1BA$1.14
Ryan School ApartmentsTwo Bedroom2BR,1BA$1.51

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.

Read Article
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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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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.

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Pet Friendly Lifestyle

Ranked #

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

Explore Madison, VA Rentals by Map

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Frequently Asked Questions about Madison

What type of rentals are currently available in Madison?

There are currently 49 Apartments for Rent in Madison, VA with pricing that ranges from $688 to $4,015. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $1,500 to $3,800.

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 $1,500 to $3,800 with an average monthly rent of $2,398.

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 $1,150 to $3,841, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,550. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $1,489.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.