Apartments for Rent in Madrid, IA Under $1,500 (56 Rentals)

626 Brodie Ln

628 Maverick Ln

Savannah at Ankeny

Chevalia Ridge Apartments Grimes

West Towne

Village Park

Total Property Management 3206 Lincoln Way

CORE Apartments
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.

West Ridge Apartments

Saylorville Lakeside

839-841 Dickinson Ave

Fieldstream Apartment Homes

Destination 141

The Summit at Heritage Apartments
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.

Fountainview

Furman Western Hills

Haven Apartments

SUNDANCE BOONE APARTMENTS

West Village Apartments

Oakwood

West Field Apartments
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.

Gateway

Hickory Ridge Apartments

Western Hills Apartments

College Creek Apartments

Point at Ames

The Social West Ames®

Fountain View Apartments

The Ridge Apartments

Tripp Street Apartments

4334 Maricopa Dr

3506 S Duff Ave

4549 Steinbeck St

4503 Twain Cir

508 Hayward Ave

1118 Sunset Ave

923 Garfield Ave

4406 Castlewood Pl
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 | $930 | $670 | $1,199 |
Madrid 1 Bedroom Apartments | $1,142 | $675 | $1,790 |
Madrid 2 Bedroom Apartments | $1,273 | $599 | $2,015 |
Madrid 3 Bedroom Apartments | $1,462 | $519 | $2,500 |
Madrid 4 Bedroom Apartments | $739 | $409 | $2,280 |
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Madrid, IA Local Guide
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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.
Getting Around Madrid, IA
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Madrid
How much are Studio apartments in Madrid?
There are currently 7 Studio Apartments in Madrid with rent ranges from $670 to $1,199 with an average price of $930.
What is the current price range for One Bedroom Madrid Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Madrid ranges from $675 to $1,790 with an average monthly rent of $1,142.
What does renting a Two Bedroom Apartment in Madrid cost?
The monthly rent prices of Two Bedroom Apartments currently available in Madrid range from $599 to $2,015. Today's average rental price for Two Bedrooms here is $1,273.
How expensive are Madrid Three Bedroom Apartments?
There are currently 27 Three Bedroom Apartments listings available in Madrid on ApartmentHomeLiving.com. The pricing ranges from $519 to $2,500 - averaging $1,462 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.