Cheap Homes for Rent near New Madison, OH from $500 (14 Rentals)

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property at 230 Kinsey St

$600 - $700

1 Bedroom Rentals

Available Now

230 Kinsey St

RichmondIN47374

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.

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.

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 $650. 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
HUNTERS OAK APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$650
Genesis Apartments1BD/ 1 BA1BR,1BA$690
Atlas Apartments1BR/1.0BA1BR,1BA$775
Shiloh Gardens Independent Living1 Bedroom1BR,1BA$779
Broadmoor ApartmentsAsh1BR,1BA$788

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

As of July 09, 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
HUNTERS OAK APARTMENTS3 Bedroom 1 Bathroom3BR,1BA$0.82
Carriage House Apartments1 Bedroom Flat1BR,1BA$0.98
McKaig Court Apartments2 Bedroom2BR,1BA$1.17
Trotwood CommonsOne Bedroom Garden1BR,1BA$1.13
Genesis Apartments1BD/ 1 BA1BR,1BA$0.92
Belle Meadows1x1 7201BR,1BA$1.15
Atlas Apartments1BR/1.0BA1BR,1BA$1.08
Broadmoor ApartmentsAsh1BR,1BA$1.20

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

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Frequently Asked Questions about New Madison

What type of rentals are currently available in New Madison?

There are currently 43 Apartments for Rent in New Madison, OH with pricing that ranges from $690 to $2,415. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Madison ranging from $650 to $5,995.

What is the current price range for Rental Homes in New Madison?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Madison ranges from $650 to $5,995 with an average monthly rent of $1,448.

How much are larger Three and Four Bedroom Rentals in New Madison?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New Madison range from $1,010 to $2,415, while Three Bedroom Homes, Condos, and Townhomes for rent range from $699 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,695.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.