
Cheap Homes for Rent in New Madrid, MO from $300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in New Madrid.


130 Mimosa Dr

707 Warren St
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.

2237 W Rose St

213 Lee St

121 Oxford St
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.
New Madrid, MO Local Guide

How much does it cost to rent a home in New Madrid?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Madrid 2 Bedroom Homes for Rent | $1,205 | $399 | $1,850 |
New Madrid 3 Bedroom Homes for Rent | $1,373 | $750 | $2,100 |
New Madrid 4 Bedroom Homes for Rent | $1,893 | $1,295 | $3,500 |
New Madrid 5 Bedroom Homes for Rent | $1,875 | $1,875 | $1,875 |
New Madrid 6 Bedroom Homes for Rent | $525 | $525 | $525 |
Browse Top Homes for Rent in New Madrid
Explore New Madrid
New Madrid, MO Local Guide
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Cheapest Available New Madrid Apartments for Rent and Nearby
 The cheapest available apartment rental in New Madrid, MO is a 3 Beds unit found at The District at Cape priced from $361. Capri has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable New Madrid apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The District at Cape | RedHawk | 3BR,1BA | $361 |
Capri | Copper | 1BR,1BA | $595 |
Silverwood | Standard | 1BR,1BA | $640 |
Best Value Apartments for Rent in New Madrid, MO and Nearby
As of May 24, 2025 the best value apartment in the New Madrid area is the $1.09 price per square foot Two Bedroom Townhome Model at Deerfield Crossing in the starting from $1,250. The second greatest value New Madrid apartment is the The Nest Model at The Nest starting at $1,200 with a $1.08 price per square foot . Here is today’s list of the best values for New Madrid apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Deerfield Crossing | Two Bedroom Townhome | 2BR,2BA | $1.09 |
The Nest | The Nest | 4BR,4BA | $1.08 |
Milan Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.21 |
Carriage House Apartments | Top Floor "Vaulted" 1 Bed 1 Bath | 1BR,1BA | $1.22 |
The District at Cape | Chestnut UPG | 1BR,1BA | $1.32 |
Lone Oak Villas | Premium Townhouse | 2BR,1BA | $1.29 |
Silverwood | Custom | 1BR,1BA | $1.23 |
Hawks Landing | One Bedroom | 1BR,1BA | $1.55 |
Jackson House | 1 Bedroom - Jackson House | 1BR,1BA | $1.70 |
Capri | Copper | 1BR,1BA | $1.65 |
Quick 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.
Frequently Asked Questions about New Madrid
What type of rentals are currently available in New Madrid?
There are currently 39 Apartments for Rent in New Madrid, MO with pricing that ranges from $361 to $3,600. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Madrid ranging from $399 to $3,500.
What is the current price range for Rental Homes in New Madrid?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Madrid ranges from $399 to $3,500 with an average monthly rent of $1,374.
How much are larger Three and Four Bedroom Rentals in New Madrid?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Madrid range from $361 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,200.
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.

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.

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.

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.

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.