Cheap Apartments for Rent in Madrid, NY from $600 (8 Rentals)

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Search the lowest-cost Apartments available for rent right now in Madrid.

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.

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11721 State Hwy 37
2 to 3 Bedroom Apartments

11721 State Hwy 37

11721 State Hwy 37Waddington, NY 13694
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THE TRAILS AT MALONE
2 to 3 Bedroom Apartments

THE TRAILS AT MALONE

166 Falling Leaf DrMalone, NY 12953
  • Utilities Included

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.

Madrid, NY Local Guide

Cheapest Available Madrid Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madrid, NY is a 2 Beds unit found at 49 W Main St priced from $820. Potsdam Main Street Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here is today’s list of the most affordable Madrid apartments for rent:

Apartment ListingModel NameBed/BathPriced From
49 W Main StWC12BR,1BA$820
Potsdam Main Street ApartmentsStandard StudioStudio,1BA$875
Meadow East Apartments1 bed 1 bath1BR,1BA$1,050

Best Value Apartments for Rent in Madrid, NY and Nearby

As of June 13, 2025 the best value apartment in the Madrid area is the $0.91 price per square foot 4 Bed 2.5 Bath Townhouse Model at Parkstead Philadelphia in the starting from $1,599. The second greatest value Madrid apartment is the 2 Bed 1 Bath Garden Model at Parkstead Gouverneur starting at $1,086 with a $0.98 price per square foot . Here is today’s list of the best values for Madrid apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkstead Philadelphia4 Bed 2.5 Bath Townhouse4BR,2.5BA$0.91
Parkstead Gouverneur2 Bed 1 Bath Garden2BR,1BA$0.98
THE TRAILS AT MALONETwo Bedroom One Bath2BR,1BA$1.19
Meadow East Apartments1 bed 1 bath1BR,1BA$1.57
49 W Main StWC12BR,1BA$1.26
Baldwin Acres1BR1BR,1BA$1.72
Potsdam Main Street ApartmentsDeluxe StudioStudio ,1BA$3.08

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Explore Madrid, NY Rentals by Map

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Getting Around Madrid, NY

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Madrid Apartments

What is the Cheapest Studio apartment in Madrid?

Currently the most affordable Cheap Studio Apartment in Madrid is at Potsdam Main Street Apartments listed at $875.

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

The lowest price for a Cheap One Bedroom Madrid Apartment is $1,050 at Meadow East 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 $820 at 49 W Main St.

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.

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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.

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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.

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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.

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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.