Cheap Apartments for Rent in New Madison, OH from $400 (21 Rentals)

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

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Ivy Court Apartments
Studio to 2 Bedroom Apartments

Ivy Court Apartments

203 Ivy CtEaton, OH 45320
  • Utilities Included

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.

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New Madison, OH Local Guide

Cheapest Available New Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Madison, OH is a 2 Beds unit found at HUNTERS OAK APARTMENTS priced from $670. Adam H Bartell Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable New Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
HUNTERS OAK APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$670
Adam H Bartell LoftsVISTA1BR,1BA$695
Atlas Apartments1BR/1.0BA1BR,1BA$750
Pleasantwood Apartments & TownhomesStudioStudio,1BA$775
Shiloh Gardens Independent Living1 Bedroom1BR,1BA$779

Best Value Apartments for Rent in New Madison, OH and Nearby

As of June 08, 2025 the best value apartment in the New Madison area is the $0.72 price per square foot EXCALIBUR Model at Adam H Bartell Lofts in the starting from $795. The second greatest value New Madison apartment is the Renovated Two Bedroom/Two Bath Model at Garden Woods Apartments starting at $1,200 with a $1.15 price per square foot in the Northridge Estates neighborhood. Here is today’s list of the best values for New Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Adam H Bartell LoftsEXCALIBUR2BR,1BA$0.72
Garden Woods ApartmentsRenovated Two Bedroom/Two Bath2BR,2BA$1.15
Traditions ApartmentsThree Bedroom Townhouse3BR,2.5BA$1.16
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$0.98
Stoneridge Apartments2 Bed 1 BathStoneridge Apartments2BR,1BA$1.01
Carriage House Apartments1 Bedroom Flat1BR,1BA$0.96
HUNTERS OAK APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
Richmond Flats3001 W Cart Rd2BR,2BA$0.81
Trotwood CommonsOne Bedroom Garden1BR,1BA$1.13
Atlas Apartments1BR/1.0BA1BR,1BA$1.05

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Madison, OH Rentals by Map

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See the most popular apartments and homes in New Madison, OH

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Getting Around New Madison, OH

Walk Score®

15 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

33 / 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 Cheap New Madison Apartments

How much is rent for a Cheap One Bedroom New Madison Apartment?

The lowest price for a Cheap One Bedroom New Madison Apartment is $695 at Adam H Bartell Lofts.

What is the lowest price for a Cheap Two Bedroom New Madison Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Madison is starting from $670 at HUNTERS OAK APARTMENTS.

What is the most affordable New Madison Three Bedroom Apartment?

The best deal on a cheap New Madison Three Bedroom Apartment rental is at Englewood Villas & Residences and starts from $1,175.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.