
2 Bedroom Apartments for Rent in Madrid, IA (46 Rentals)


211 S Green St

211 S Green St

833 Robin Ln

Destination 141

The Social West Ames®

Fieldstream Apartment Homes

Savannah at Ankeny
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.

Windsor Pointe

Hickory Ridge Apartments

Aurora Heights
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.

Mortensen Heights

The Summit at Heritage Apartments

Chevalia Ridge Apartments Grimes

The Ridge Apartments

West Village Apartments

Haven Apartments

Fountain View Apartments
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Saylorville Lakeside

1126-1128 Sunset Ave

4503 Twain Cir

231 S Wilmoth Ave

513 E 4th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Madrid, IA Local Guide

How much does it cost to rent an apartment in Madrid?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madrid Studio Apartments | $837 | $675 | $1,199 |
| Madrid 1 Bedroom Apartments | $1,182 | $745 | $1,830 |
| Madrid 2 Bedroom Apartments | $1,173 | $589 | $2,035 |
| Madrid 3 Bedroom Apartments | $1,359 | $524 | $2,410 |
| Madrid 4 Bedroom Apartments | $958 | $409 | $2,400 |
Browse Top Apartments in Madrid
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Madrid, IA Local Guide
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Largest Available Madrid and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Madrid, IA is found at Savannah at Ankeny in the Outer West Des Moines Urbandale neighborhood and is 1,298 square feet priced from $1,850. The Summit at Heritage Apartments in the Kennybrook neighborhood has the second largest 2 Bedroom, which is sized at 1,244 square feet and currently listed start at $1,535. Here is today’s list of the largest available 2 Bedroom units in Madrid:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Savannah at Ankeny | B1 | 1,298 Sq Ft | $1,850 |
| The Summit at Heritage Apartments | B8.2 | 1,244 Sq Ft | $1,535 |
| Haven Apartments | Spruce | 1,158 Sq Ft | $1,185 |
| Destination 141 | Townhome- 2 Bedroom 1.5 Bathroom | 1,113 Sq Ft | $1,575 |
| Fieldstream Apartment Homes | Two Bedroom | 1,105 Sq Ft | $1,192 |
| Wessex Apartments | 2 Bedroom / 2 Bathroom - 1,027 sq ft | 1,027 Sq Ft | $1,333 |
| Fountain View Apartments | 2 Bedroom | 1,022 Sq Ft | $1,100 |
| Windsor Pointe | Willow 60% | 1,004 Sq Ft | $925 |
| Cardinal South Apartments | 2 Bed | 1,000 Sq Ft | $1,350 |
| Fountainview | 2 Bed/2 Bath Apartment | 968 Sq Ft | $1,175 |
Cheapest Available Madrid and Nearby 2 Bedroom Apartments
As of January 03, 2026 the lowest priced 2 Bedroom apartment unit in Madrid, IA is the Hickory 60% Model starting from $825 at Windsor Pointe in the Fountainview neighborhood. The second most affordable Madrid 2 Bedroom is the 2 BR Ground Model at Boone Park Apartments starting at $860 . The average price for all 2 Bedroom apartments in Madrid is currently $1,173. Here is today’s list of the cheapest available 2 Bedroom options in Madrid:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Windsor Pointe | Hickory 60% | $825 |
| Boone Park Apartments | 2 BR Ground | $860 |
| College Creek Apartments | 2 Bedroom Apartment | $880 |
| West Field Apartments | 2 Bed/1 Bath | $890 |
| Park Place Apartments | 2BR/1.0BA | $895 |
| SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | $895 |
| Wyndsor Terrace | 2 bed 1 bath | $970 |
| West Village Apartments | 2BR/2BA End Unit | $975 |
| The Ridge Apartments | 2 Bedroom/2 Bathroom | $975 |
| Western Hills Apartments | 2 Bed/2 Bath Apartment | $975 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleQuick 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.
Best Local Schools in Madrid, IA
Madrid Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madrid, IA Rentals by Map
See the most popular apartments and homes in Madrid, IA
Frequently Asked Questions about 2 Bedroom Madrid Apartments
What is the Cheapest apartment in Madrid with 2 Bedroom?
Currently the most affordable 2 Bedroom in Madrid is at Windsor Pointe listed at $825.
How much is the average rent for a 2 Bedroom Madrid Apartment?
The average rent for a 2 Bedroom Apartment in Madrid is $1,173.
What is the largest available 2 Bedroom Madrid Apartment for rent?
Today's apartment with the most square footage in Madrid is a 1,298 square feet unit starting from $1,850 at Savannah at Ankeny.
What is the average size for Madrid 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Madrid is currently 952 sq ft.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!






















