7 Dana Ave
ChappellNE69129
Cheap Homes for Rent in Madrid, NE from $300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Madrid.
1410 Norris Ave
McCookNE69001
407 N Front St
SterlingCO80751
525 1/2 Jackson St
SterlingCO80751
1300 E H St
McCookNE69001
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.
903 E 5th St
McCookNE69001
1529 Illinois St
SidneyNE69162
306 E 3rd St
McCookNE69001
206 S Clayton St
BrushCO80723
726 N 3rd St
SterlingCO80751
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.
Showing Results 1-10, 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 a home in Madrid?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madrid 2 Bedroom Homes for Rent | $891 | $300 | $1,250 |
| Madrid 3 Bedroom Homes for Rent | $1,275 | $950 | $1,600 |
| Madrid 4 Bedroom Homes for Rent | $2,075 | $2,075 | $2,075 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Madrid
Explore Madrid
Madrid, NE Local Guide
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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. Westside 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 |
| Westside | 1 Bed 1 Bath | 1BR,1BA | $700 |
| Oak View Apartments | 2BR/1.0BA | 2BR,1BA | $750 |
Best Value Apartments for Rent in Madrid, NE and Nearby
As of May 28, 2026 the best value apartment in the Madrid area is the $1.32 price per square foot Ironwood Model at Heartland Flats North Platte in the starting from $1,325. The second greatest value Madrid apartment is the The Riverside Model at Pacific Heights starting at $1,255 with a $1.28 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. |
|---|---|---|---|
| Heartland Flats North Platte | Ironwood | 2BR,2BA | $1.32 |
| Pacific Heights | The Riverside | 2BR,2BA | $1.28 |
| 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 |
| North Adams Flats | Classic Model | 2BR,1BA | $1.14 |
| Oak View Apartments | 2BR/1.0BA | 2BR,1BA | $1.00 |
| South Platte Terrace Apartments | 1 Bedroom | 1BR,1BA | $1.24 |
| Westside | 1 Bed 1 Bath | 1BR,1BA | $1.05 |
| Great Plains Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.77 |
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
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.
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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See the most popular apartments and homes in Madrid, NE
Frequently Asked Questions about Madrid
What type of rentals are currently available in Madrid?
There are currently 29 Apartments for Rent in Madrid, NE with pricing that ranges from $500 to $1,750. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrid ranging from $300 to $2,075.
What is the current price range for Rental Homes in Madrid?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madrid ranges from $300 to $2,075 with an average monthly rent of $1,174.
How much are larger Three and Four Bedroom Rentals in Madrid?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madrid range from $970 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $1,600. Four Bedroom Single-Family rentals are also available starting from $2,075 and Four Bedroom Apartments start at $1,500.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.