Cheap Apartments for Rent in Madisonville, TN from $500 (30 Rentals)

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Island Grove
2 to 3 Bedroom Apartments

Island Grove

150 Willow Creek DrMadisonville, TN 37354
  • 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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Plainsview Greene
2 Bedroom Apartments

Plainsview Greene

155 Plainsview DrTellico Plains, TN 37385

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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Cumberland Pointe
1 to 2 Bedroom Apartments

Cumberland Pointe

610 Greenwood DrAthens, TN 37303

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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Madisonville, TN Local Guide

Cheapest Available Madisonville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madisonville, TN is a 2 Beds unit found at Plainsview Greene priced from $528. Starr Mountain Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Madisonville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Plainsview Greene2 Bedroom2BR,1BA$528
Starr Mountain Apartments1 bedroom1BR,1BA$775
Cumberland Pointe1 bedroom1BR,1BA$800
Tanasi Bend Apartments1-Bedroom1BR,1BA$850
Vonore Apartments2BR/1.0BA2BR,1BA$900
Middle Creek Apartments2-bedroom2BR,1BA$950
College GroveTwo Bedroom2BR,1BA$985
Waters Edge Apartment HomesOne Bedroom1BR,1BA$1,025
Town Creek VillageTwo Bedroom2BR,2BA$1,025
New Adventure Apartments2 Bed 1 Bath2BR,1BA$1,095

Best Value Apartments for Rent in Madisonville, TN and Nearby

As of July 31, 2026 the best value apartment in the Madisonville area is the $1.28 price per square foot 3 Bedroom, 2.5BA Townhome Model at Universal at Town Creek in the in the Loudon County neighborhood starting from $1,849. The second greatest value Madisonville apartment is the 2 Bedroom Model at Lennox Place Townhouses starting at $1,350 with a $1.08 price per square foot . Here is today’s list of the best values for Madisonville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Universal at Town Creek3 Bedroom, 2.5BA Townhome3BR,2.5BA$1.28
Lennox Place Townhouses2 Bedroom2BR,2.5BA$1.08
Park Village Apartments2 Bedroom2BR,2BA$1.11
Town Creek VillageTwo Bedroom2BR,2BA$0.96
Middle Creek Apartments2-bedroom2BR,1BA$0.97
New Adventure Apartments2 Bed 1 Bath2BR,1BA$1.22
Plainsview Greene2 Bedroom2BR,1BA$0.72
Tanasi Bend Apartments1-Bedroom1BR,1BA$1.21
Cumberland Pointe1 bedroom1BR,1BA$1.23
Starr Mountain Apartments1 bedroom1BR,1BA$1.19

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!

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Frequently Asked Questions about Cheap Madisonville Apartments

What is the Cheapest Studio apartment in Madisonville?

Currently the most affordable Cheap Studio Apartment in Madisonville is at Authentix Town Creek listed at $1,403.

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

The lowest price for a Cheap One Bedroom Madisonville Apartment is $775 at Starr Mountain Apartments.

What is the lowest price for a Cheap Two Bedroom Madisonville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madisonville is starting from $528 at Plainsview Greene.

What is the most affordable Madisonville Three Bedroom Apartment?

The best deal on a cheap Madisonville Three Bedroom Apartment rental is at Vonore Apartments and starts from $1,000.

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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.