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Apartments for Rent in Madison, IN

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1721 E Telegraph Hill Rd #NA - Photo 1 of 1

9h ago

House for rent in Madison

1721 E Telegraph Hill Rd #NA, Madison, IN 47250

In-unit laundry | Air conditioning | Garage parking

3 beds

2 baths

$1,900

House for rent

Available Aug 3

6131 N 450 W #1 - Photo 1 of 1

5d+ ago

Apartment for rent in Madison

6131 North 450 West - 1

6131 N 450 W #1, Madison, IN 47250

Carpet

2 beds

1 bath

$1,600

Apartment for rent

Available Aug 10

230 Bank St - Photo 1 of 1
New construction

5d+ ago

House for rent in Hanover

Modern Single Unit Rental in Hanover, IN - $1150 - Available 08/19/2026

230 Bank St, Hanover, IN 47243

In-unit laundry | Dishwasher | Microwave

1 bed

1 bath

$1,150

House for rent

Available Aug 19

Listings within 20 miles
112 Mojave Ter - Photo 1 of 1

19h ago

Our team has verified this company

Verified

3 beds

2.5 baths

$2,680

$2,035

Price drop

House for rent

Available Aug 25

91 N Pike St #91 - Photo 1 of 1

5d+ ago

Apartment for rent in Vernon

85, 91 North Pike St - 91

91 N Pike St #91, Vernon, IN 47282

In-unit laundry | Carpet | Microwave

1 bed

1 bath

$875

Apartment for rent

Available Jul 13

606 Main St - Photo 1 of 1

6h ago

8.3

Very good

606 Main St

606 Main St, Carrollton, KY 41008

2 beds

1 bath

$1,100

Apartment for rent

Explore surrounding listings that match your search:
714 S State St #3 - Photo 1 of 1

5d+ ago

Apartment for rent in North Vernon

714 South State Street - 3

714 S State St #3, North Vernon, IN 47265

On-site laundry | Central heat

2 beds

1 bath

$950

Apartment for rent

Available Jul 8

2d ago

8.3

Very good

350 Long Street

350 Long St, North Vernon, IN 47265

1 bed

1 bath

$800

Apartment for rent

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2d ago

8.3

Very good

352 Long Street

352 Long St, North Vernon, IN 47265

1 bed

1 bath

$800

Apartment for rent

5d+ ago

8.3

Very good

205 Long Street

205 Long St, North Vernon, IN 47265

2 beds

1 bath

$875

Apartment for rent

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Average rent

The average rent in Madison, as of August 2026, is down 34.23% compared to last month and down 35.11% year-over-year.
$850
decreased by35%

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Home > Apartments in Madison
Updated: August 5, 2026

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Learn more about renting in Madison, IN

Local insights: What it's like to live in Madison, IN

Madison, IN, offers a blend of historical charm and modern conveniences that many residents appreciate. The vibrant downtown area, filled with shops and restaurants, is a frequent favorite among locals who enjoy its local events and festivals. The nearby Ohio River provides opportunities for outdoor activities, while the community feels safe and welcoming. On the downside, some renters note that the job market can be limited, and issues with road maintenance have been pointed out as a common frustration. Overall, the balance of a small-town vibe with accessible amenities draws many people to this area.

What kinds of apartments are available to rent in Madison, IN?

Madison is a small but active rental market with an average of 6 listings available per month. Three-bedroom apartments make up the largest share at 67% of monthly inventory, followed by two-bedroom units at 50%. One-bedroom apartments are relatively scarce, accounting for only 17% of listings, while studios do not appear in the monthly averages.

Madison apartments cater to renters seeking essential year-round comfort features. Air conditioning, central heat, and parking each appear in 67% of available listings, reflecting the practical needs of residents who value climate control and convenient vehicle access. These three amenities tie as the most common features across the rental market. These averages offer a useful snapshot, though the live market may shift.

Methodology: How we got this data

Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2026 rental inventory and prices.

Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.

Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.

Apartment rentals Madison, IN FAQ

What is the average size of an apartment in Madison, IN?

The average size of a 2 bedroom apartment rental in Madison is 758 square feet. The average size of a 3 bedroom apartment rental in Madison is 1500 square feet.

Can I afford an apartment for rent in Madison, IN?

To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Madison average rent prices.

Looking for apartments in Madison, IN near you?

🔑Available apartment rentals10
💰Best rent deal230 Bank St
Popular amenities, ,
🍽With dishwasher
🏠With photos