Apartments Under $1,200 in Madison, AL

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$723 - 1,066
135 Royal Drive Madison, AL
1 - 3 BR | Available Now
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Apartments Under $1,200 in Madison, AL: February Rental Information

Welcome to the February 2026 Madison Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 key findings and figures for the Madison rental landscape.

Our experts analyze the inventory trends for apartments under $1,200 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Madison and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $1,200 in Madison.
0 7 15 22 30 <$1,000 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380
This month, the typical cost to rent a one-bedroom apartment in Madison stands at $1,140, with the majority falling between $960 and $1,390. Out of the 2,173 one-bedroom apartments currently on the market in Madison, 749 are priced below $1,200, accounting for 34% of the total available one-bedroom units in Madison.

Looking for Apartments Under $1,200 in Madison?

Available apartments under $1,200 2,558
Top amenities Air Conditioning, Balcony/Deck/Patio, Refrigerator, Range / Oven, Clubhouse
Deals 28
Pet friendly 94
Furnished 6
Studio 10
1 Bedroom 50
2 Bedroom 45
Square footage 622 - 1,228