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The average monthly rent in Madison is down 5.72% compared to last month and down 8.38% year-over-year.
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All rentals
4d ago
Verified
3 beds
2 baths
$1,550
$1,325
Price drop
House for rent
Available Sep 24
5d+ ago
Verified
3 beds
2 baths
$1,925
House for rent
Available Dec 22
15h ago
Verified
1–2 beds
1–2 baths
$838–$1,069
Apartment for rent
5d+ ago
Apartment for rent in North Vernon
In-unit laundry | On-site laundry | Ceiling fan
1 bed
1 bath
$800
Apartment for rent
Available Sep 19
5d+ ago
House for rent in North Vernon
2 beds
1 bath
$1,250
House for rent
Available Oct 15
3d ago
Condo for rent in Vernon
2 beds
2 baths
$1,100
Condo for rent
Available Oct 10
5d+ ago
House for rent in Vernon
2 beds
1 bath
$975
House for rent
Available Oct 9
1d ago
1 bed
1 bath
$875
Apartment for rent
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5d+ ago
Apartment for rent in North Vernon
2 beds
1 bath
$1,350
Apartment for rent
Available Oct 20
5d+ ago
Apartment for rent in North Vernon
2 beds
1 bath
$1,350
Apartment for rent
Available Aug 26
5d+ ago
Apartment for rent in North Vernon
2 beds
1 bath
$1,350
Apartment for rent
Available Aug 19
5d+ ago
Apartment for rent in North Vernon
2 beds
1 bath
$1,350
Apartment for rent
Available Aug 8
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3 rentals
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22 rentals
1 rental
Madison rent data for:
As of today, you'll find 11 apartments for rent in Madison, with a median rent price of $1,022 per month. Madison has seen a 8%—or $99—decrease in median rent price compared to the previous year.Average Rent
$1,022Year Over Year Change
-8%
$99
Rentals available, last 30 days
11
The average rent in Madison, IN, for rentals of all sizes and types, is $1,022, which is a 8.38% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Madison, IN is about $838. The average rent for 2-bedroom apartments in Madison, IN is $972, and studios are about $650 per month.
See more Madison, IN rent data on our rent research page.
About Niche: Niche compiles and analyzes the latest data from public sources like the US Census Bureau and the Department of Education to generate rankings for schools and neighborhoods across the US.
Disclaimer: School ratings from Niche are intended for informational purposes only. Check with the nearby schools to verify eligibility and zoning criteria before using this data to decide on your next home.
714 w main st
madison, IN, 47250
2485 n rykers' ridge rd
madison, IN, 47250
2325 cherry dr
madison, IN, 47250
Showing 1 - 3 of 3 results
Age Range
0-19
20%
20-34
19%
35-44
13%
45-64
27%
65+
19%
Language
English
97%
Spanish
2%
Indo Euro
0%
Asia Pac
0%
Other
0%
Education
No HS
10%
High School
56%
Bachelor's
24%
Master's
6%
Prof Degree
0%
Doctorate
0%
Household Income
0-25k
33%
25-50k
23%
50-75k
18%
75-100k
10%
100-150k
8%
150k+
6%
Madison locals spend about 19 minutes commuting, and most drive to get to work. The best way to fly in or out of Madison is through Louisville Muhammad Ali International Airport, 43.28 miles away.
Scores for Madison are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
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.
Madison's rental market is relatively small, with an average of 7 listings available per month. The majority of these listings are 3-bedroom apartments, making up 71% of the market, followed by 2-bedroom apartments at 29%. Studios and 1-bedroom apartments are relatively scarce. Many Madison apartments offer desirable amenities, with central heat, on-site laundry, and assigned parking being common features, each available in 71% of listings. These figures are based on historical data, but they should give you a sense of what to expect in the current market. Renters in Madison will need to be prepared to act quickly when a suitable apartment becomes available due to the limited inventory.
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 2024 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.
The average rent for 2 bedroom apartments for rent in Madison is $941 per month.
The average price for 3 bedroom apartments for rent in Madison is $1093 per month. As of today, there is 1 3 bedroom apartment for rent in Madison, IN.
The average rent price in Madison, IN for a 2 bedroom apartment is $941 per month. Madison average rent price is below the average national apartment rent price which is $1750 per month. Aside from rent price, the cost of living in Madison is also important to know. Cost of living includes but is not limited to: groceries, gas, utilities, water, and electric.
The average size of a 2 bedroom apartment rental in Madison is 500 square feet. The average size of a 3 bedroom apartment rental in Madison is 1078 square feet.
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.