Cheap Apartments for Rent near North Madison, OH from $850 (36 Rentals)

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

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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Chestnut Village 55+
1 Bedroom Apartments

Chestnut Village 55+

5321 Chestnut AveAshtabula, OH 44004
Senior Living
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Normandy Townhomes
2 Bedroom Apartments

Normandy Townhomes

1204 Pennsylvania AveAshtabula, OH 44004
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Greenway Senior Housing
2 Bedroom Apartments

Greenway Senior Housing

5700 Nathan AveAshtabula, OH 44004
Senior Living
  • Utilities Included
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Vineyards of Madison
2 Bedroom Apartments

Vineyards of Madison

6700 Grape Arbor DrMadison, OH 44057
  • Utilities Included

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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Lakeside Villas
1 to 2 Bedroom Apartments

Lakeside Villas

1988 Lakeside DrMadison, OH 44057
  • 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.

North Madison, OH Local Guide

Cheapest Available North Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in North Madison, OH is a 1 Bed unit found at Johnson Apartments in the Whalers Cove neighborhood priced from $900. Parkway in the North Mentor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable North Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Johnson Apartments1 Bed, 1 bath1BR,1BA$900
Parkway1BR.1BA.580SF1BR,1BA$925
Richlawn ApartmentsWelcome Home To Richlawn Apartments!1BR,1BA$1,050
Queensdale Apartments2 Bedroom2BR,1BA$1,100
Oak Hill Village ApartmentsOne Bedroom1BR,1BA$1,136
Villas of Geneva1 Bedroom1BR,1BA$1,149
Park House 7945-7947 Mentor AveWelcome Home To Park House Apartments!1BR,1BA$1,200
SummertreeWelcome Home to Summertree Apartments!2BR,1BA$1,200
Nye Park Apartments3BD/1.5BHTStudio,1BA$1,259
The Hamlets at Willoughby1BR.1BA.800SF1BR,1BA$1,325

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

As of August 23, 2026 the best value apartment in the North Madison area is the $1.40 price per square foot B3S Model at Cobblestone Court Apartments in the in the East Mentor neighborhood starting from $1,690. The second greatest value North Madison apartment is the 3BD/1.5BHT Model at Nye Park Apartments starting at $1,259 with a $1.05 price per square foot in the South Mentor neighborhood. Here is today’s list of the best values for North Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cobblestone Court ApartmentsB3S2BR,2BA$1.40
Nye Park Apartments3BD/1.5BHTStudio ,1BA$1.05
Johnson Apartments1 Bed, 1 bath1BR,1BA$0.75
Hilltop Apartments and TownhomesTown home with basement2BR,1BA$1.26
SummertreeWelcome Home to Summertree Apartments!2BR,1BA$1.41
Integrity Chardon / Maple Ridge Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.67
The Hamlets at Willoughby1BR.1BA.800SF1BR,1BA$1.66
Queensdale Apartments2 Bedroom2BR,1BA$1.38
Oak Hill Village ApartmentsOne Bedroom1BR,1BA$1.65
Parkway1BR.1BA.580SF1BR,1BA$1.59

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!

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Frequently Asked Questions about Cheap North Madison Apartments

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

The lowest price for a Cheap One Bedroom North Madison Apartment is $900 at Johnson Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in North Madison is starting from $1,025 at Parkway.

What is the most affordable North Madison Three Bedroom Apartment?

The best deal on a cheap North Madison Three Bedroom Apartment rental is at Queensdale Apartments and starts from $1,200.

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.