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Cheap Apartments for Rent in Madison County, IN

13 Rentals Available
Cheap Apartments for Rent in Madison County, IN. 13 Rentals Available
Apartments Under $500 Apartments Under $800 Apartments Under $1,400

Apartments Under $500

Apartments Under $800

  • an open living room and dining room with couches and tables
    Today

    3221 Morton St., Anderson, IN 46016
    Income Restricted
    1 BED $775
    2 BEDS $925
    3 BEDS $1,050
  • a living room with a couch and a table
    Today

    1326 Mcintosh Lane, Anderson, IN 46013
    Income Restricted
    1 BED $786
    2 BEDS $932
    3 BEDS $1,059

Apartments Under $1,400

  • a living room with blue and white furniture and a white fireplace
    Today

    9050 800 S., Pendleton, IN 46064
    2 BEDS $1,375
4-0-county
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Getting around in Madison County, IN

25 /100
Somewhat Bikeable
Bike Score®: 25

Frequently asked questions

How many cheap rentals are available in Madison County, IN on RentCafe?

There are 8 cheap rentals available on RentCafe. Prices and availability in Madison County, IN were last updated on 22 Feb 2026.

What is the average size of a cheap apartment in Madison County, IN?

The average Madison County, IN cheap apartment size is 929 sq. ft.

What are the advantages of renting a cheap apartment in Madison County, IN?

Cheap apartments in Madison County, IN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Madison County, IN?

A cheap apartment in Madison County, IN offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Madison County, IN? With RentCafe, finding an affordable apartment in Madison County, IN has never been easier. We feature 13 low-priced rentals directly from property managers, with rents lower than the Madison County, IN average. What is a cheap rent in Madison County, IN? The average apartment rent in Madison County is $1,055 per month so any rental south of $844 would be considered cheap here. On RentCafe, Madison County, IN rents go as low as $400/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!