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$500 - $6001 to 2 Bedroom Apartments Contact Us For Availability
Great Plains Apartments
1231 W 14th StAlliance, NE 69301
Cheap Apartments for Rent in Madrid, NE from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Madrid.
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$615 - $9701 to 3 Bedroom Apartments Available Now
Westside
2101 Avenue OCozad, NE 69130
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$6151 Bedroom Apartments Contact Us For Availability
North Park Apartments
439 W 25th StAlliance, NE 69301
305 Colorado Ave
BrushCO80723
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$699 - $7991 Bedroom Apartments Available May 1
The Cooper Apartment Homes
714 W 10th StCozad, NE 69130
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$699 - $9951 to 2 Bedroom Apartments Available May 7
The Preston
1200 Avenue GGothenburg, NE 69138
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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$700 - $8351 to 2 Bedroom Apartments Available Now
Crestview
2730 11th AveSidney, NE 69162
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$730 - $9401 to 2 Bedroom Apartments Contact Us For Availability
Lakeside
210 20th StGothenburg, NE 69138
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$7502 Bedroom Apartments Available Now
Oak View Apartments
1300 E H StMcCook, NE 69001
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$849 - $1,044Studio to 1 Bedroom Apartments Available May 14
Heartland Flats Alliance
2469 S Highway 385Alliance, NE 69301
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$8751 Bedroom Apartments Available Now
Loomis Apartment Homes
308 WindsorLoomis, NE 68958
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$895 - $1,5001 to 4 Bedroom Apartments Available Now
South Platte Terrace Apartments
700 E Philip AveNorth Platte, NE 69101
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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$900 - $9501 to 3 Bedroom Apartments Available Now
Sandridge Apartments
901 S Bryan AveNorth Platte, NE 69101
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$9002 Bedroom Apartments Contact Us For Availability
Kelley Creek
101 Kelly CtMcCook, NE 69001
7 Dana Ave
ChappellNE69129
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1 Bedroom Apartments
Wheatridge Apartments
304 Van Horn StAlmena, KS 67622
430 N 2nd Ave
SterlingCO80751
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3 Bedroom Apartments
Pine Village
610 School StRexford, KS 67753
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.
407 N Front St
SterlingCO80751
525 1/2 Jackson St
SterlingCO80751
1144 N 8th St
SterlingCO80751
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2 Bedroom Apartments
Vintage Rows
1210 Liberty DrLexington, NE 68850
1300 E H St
McCookNE69001
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Studio to 2 Bedroom Apartments
Bel Apartments
204 W 6th StLexington, NE 68850
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.
301 S 3rd Ave
SterlingCO80751
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Studio to 2 Bedroom Apartments
Water Tower Residences
311 W 5th StLexington, NE 68850
Showing Results 1-26, Page 1 of 1
Madrid, NE Local Guide
Downtown Madrid, Nebraska. by Ammodramus is licensed under CCO 1.0
How much does it cost to rent an apartment in Madrid?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madrid Studio Apartments | $891 | $849 | $975 |
| Madrid 1 Bedroom Apartments | $1,085 | $500 | $1,300 |
| Madrid 2 Bedroom Apartments | $1,274 | $575 | $1,699 |
| Madrid 3 Bedroom Apartments | $1,532 | $970 | $1,750 |
| Madrid 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Madrid
See all Apartments in MadridExplore Madrid
Madrid, NE Local Guide
- Nearby Cities
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Cheapest Available Madrid Apartments for Rent and Nearby
The cheapest available apartment rental in Madrid, NE is a 1 Bed unit found at Great Plains Apartments priced from $500. Crestview has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Madrid apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Great Plains Apartments | 1 Bed 1 Bath | 1BR,1BA | $500 |
| Crestview | 1 Bed 1 Bath | 1BR,1BA | $700 |
| Oak View Apartments | 2BR/1.0BA | 2BR,1BA | $750 |
| Westside | 2 Bed 1 Bath | 2BR,1BA | $825 |
| Loomis Apartment Homes | #4 | 1BR,1BA | $875 |
| South Platte Terrace Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Kelley Creek | 2 Bed 1.5 Bath | 2BR,1BA | $900 |
| Sandridge Apartments | Unit 1A | 1BR,1BA | $900 |
| Lakeside | 2 Bed 1.5 Bath | 2BR,1BA | $940 |
| Allura Gardens Apartments | One Bedroom One Bathroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in Madrid, NE and Nearby
As of April 15, 2026 the best value apartment in the Madrid area is the $1.10 price per square foot 2 Bedroom Model at 6th Dimension Apartments in the starting from $995. The second greatest value Madrid apartment is the 2 Bed 1.5 Bath Model at Kelley Creek starting at $900 with a $1.02 price per square foot . Here is today’s list of the best values for Madrid apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 6th Dimension Apartments | 2 Bedroom | 2BR,1BA | $1.10 |
| Kelley Creek | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.02 |
| Lakeside | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.12 |
| Oak View Apartments | 2BR/1.0BA | 2BR,1BA | $0.91 |
| Westside | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
| Cross Creek Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.34 |
| South Platte Terrace Apartments | 1 Bedroom | 1BR,1BA | $1.25 |
| Crestview | 1 Bed 1 Bath | 1BR,1BA | $1.00 |
| Great Plains Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.77 |
| Loomis Apartment Homes | #4 | 1BR,1BA | $1.46 |
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 ArticleThe 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.
Read ArticleCash 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.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madrid, NE Rentals by Map
See the most popular apartments and homes in Madrid, NE
Frequently Asked Questions about Cheap Madrid Apartments
How much is rent for a Cheap One Bedroom Madrid Apartment?
The lowest price for a Cheap One Bedroom Madrid Apartment is $500 at Great Plains Apartments.
What is the lowest price for a Cheap Two Bedroom Madrid Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madrid is starting from $575 at Great Plains Apartments.
What is the most affordable Madrid Three Bedroom Apartment?
The best deal on a cheap Madrid Three Bedroom Apartment rental is at Westside and starts from $970.
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
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.
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.
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.
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.