Cheap Apartments for Rent near New Madison, OH from $629 (39 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Voyager Apartments
Studio to 2 Bedroom Apartments

Voyager Apartments

9461 US Route 40 WNew Paris, OH 45347
  • Utilities Included
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Ivy Court Apartments
Studio to 2 Bedroom Apartments

Ivy Court Apartments

203 Ivy CtEaton, OH 45320
  • Utilities Included
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Hunters Oak
2 to 3 Bedroom Apartments

Hunters Oak

1199 Russ RdGreenville, OH 45331

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 230 Kinsey St

$600 - $700

1 Bedroom Rentals

Available Now

230 Kinsey St

RichmondIN47374
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Ivy Green
2 to 3 Bedroom Apartments

Ivy Green

1300 S 18th StRichmond, IN 47374
Corporate Housing
  • Utilities Included

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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Royal Oaks Apartments
2 to 3 Bedroom Apartments

Royal Oaks Apartments

4100 Royal Oak DrRichmond, IN 47374
  • Utilities Included
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Jalen Lofts
1 to 3 Bedroom Apartments

Jalen Lofts

2979 Olive RdDayton, OH 45426
Showing Results 1-39, Page 1 of 1

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 Studio unit found at Willowood Apartments in the Northern Hills neighborhood priced from $629. Genesis Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable New Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willowood ApartmentsStudioStudio,1BA$629
Genesis Apartments1BD/ 1 BA1BR,1BA$690
Atlas Apartments1BR/1.0BA1BR,1BA$775
Shiloh Gardens Independent Living1 Bedroom1BR,1BA$779
Adam H Bartell LoftsVISTA1BR,1BA$795
Meadows of CatalpaChristy1BR,1BA$795
McKaig Court Apartments1 Bedroom1BR,1BA$800
Broadmoor ApartmentsAsh1BR,1BA$820
Belle Meadows1x1 7201BR,1BA$825
Englewood Villas & ResidencesOne Bedroom1BR,1BA$850

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

As of August 23, 2026 the best value apartment in the New Madison area is the $0.81 price per square foot EXCALIBUR Model at Adam H Bartell Lofts in the starting from $895. The second greatest value New Madison apartment is the Two Bedroom Gas Model at Townehouse Village Apartments starting at $995 with a $1.02 price per square foot . 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$0.81
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$1.02
Salem WoodsThe Kent2BR,1.5BA$1.37
Trotwood CommonsTwo Bedroom Garden2BR,1BA$1.29
McKaig Court Apartments2 Bedroom2BR,1BA$1.17
Genesis Apartments1BD/ 1 BA1BR,1BA$0.92
Belle Meadows1x1 7201BR,1BA$1.15
Atlas Apartments1BR/1.0BA1BR,1BA$1.08
Meadows of CatalpaAspen1BR,1BA$1.29
Broadmoor ApartmentsAspen1BR,1BA$1.32

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.

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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.

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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 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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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 $690 at Genesis Apartments.

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 $790 at Genesis 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

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.