
Cheap Homes for Rent in New Madrid, MO from $300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in New Madrid.


989 Co Rd 710

406 W Market St

9816 State Hwy A

96 Magnolia Harbor Rd
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.

113 Evergreen Pl

219 Rebecca St

316 Church St

1002 Hickory St

120 Mobile Heights
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.

416 1st St E

9794 TN-22

208 Oakland St

608 Main St

1300 Todd Ave
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.
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 | $1,040 | $299 | $1,850 |
| New Madrid 3 Bedroom Homes for Rent | $1,380 | $900 | $2,100 |
| New Madrid 4 Bedroom Homes for Rent | $1,708 | $1,650 | $1,800 |
| New Madrid 6 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
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 Studio unit found at Vue on Royal Ridge priced from $475. 601 Kinzer St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable New Madrid apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vue on Royal Ridge | New owner. Improved property. Apply online!!! | Studio,1BA | $475 |
| 601 Kinzer St | Kinzer 2 | 2BR,1BA | $575 |
| Capri | Copper | 1BR,1BA | $595 |
| Robindale-East Apartments | One Bed | 1BR,1BA | $625 |
| The District at Cape | Grauel | 1BR,1BA | $641 |
Best Value Apartments for Rent in New Madrid, MO and Nearby
As of December 31, 2025 the best value apartment in the New Madrid area is the $0.35 price per square foot 4Bd. 4Bt. (1442sqft) Model at Cape Trails in the starting from $510. The second greatest value New Madrid apartment is the Heritage Trace Model at Heritage Trace of Brookland starting at $1,270 with a $1.02 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. |
|---|---|---|---|
| Cape Trails | 4Bd. 4Bt. (1442sqft) | 4BR,4BA | $0.35 |
| Heritage Trace of Brookland | Heritage Trace | 3BR,2BA | $1.02 |
| Brooke Village Phase II | 2BR/1.5BA | 2BR,1.5BA | $0.74 |
| 601 Kinzer St | Kinzer 2 | 2BR,1BA | $0.63 |
| Silverwood | Classic | 2BR,1BA | $0.92 |
| The District at Cape | Maplewood | 2BR,1BA | $1.11 |
| Grove Apartments | 1 Bedroom | 1BR,1BA | $1.12 |
| Chapel Ridge Martin | 1 Bedroom 1 Bath | 1BR,1BA | $0.98 |
| Robindale-East Apartments | One Bed | 1BR,1BA | $1.03 |
| Vue on Royal Ridge | New owner. Improved property. Apply online!!! | Studio ,1BA | $0.99 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Best Local Schools in New Madrid, MO
New Madrid Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Madrid, MO Rentals by Map
See the most popular apartments and homes in New Madrid, MO
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 $475 to $3,600. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Madrid ranging from $299 to $2,100.
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 $299 to $2,100 with an average monthly rent of $1,350.
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 $825 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,400.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!