Average Rent in Madison, IL and Rent Price Trends

Rent trends in Madison, IL

Average rent prices in Madison have remained the same over the last month and have increased by 35% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Madison, IL

Rent prices in Madison vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Madison is $750, whereas a house costs $1,100. 1-bedroom apartments in Madison run $675 on average, while 2-bedroom apartments are $900.


1 bedroom	$700	8%	No Change
2 bedroom	$995	15%	7%
3 bedroom	$1,222	23%	-
4 bedroom	$1,700	No Change	-

		Listings
Madison	$1,000


Apartments	$750	19%	No Change
Condos	$1,350	4%	-
Houses	$1,100	13%	No Change

1 bedroom

Average rent

$700

Last 30 days

Last year

No Change

2 bedroom

Average rent

$995

Last 30 days

15%

Last year

3 bedroom

Average rent

$1,222

Last 30 days

23%

4 bedroom

Average rent

$1,700

The table above reflects average rent prices in Madison, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Madison, IL compare to other cities?

Compare median rent prices in Madison and Bel Nor by all bedroom counts and property types.

Madison

Median rent price$1,050

46%

lower than the national median

Median rent price$1,099

43%

lower than the national median

Takeaway

The median rent for all rentals in Madison, IL is 4% lower than the median rent in Bel Nor, MO.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,099

$1,150

$975

$1,237

$1,250

$1,300

$1,100

$900

$1,000

$1,350

$1,475

$1,522

Discover rentals in Madison, IL

5d+ ago

Apartment for rent in Madison

1693 Market St, Madison, IL 62060

2 beds

1 bath

$795

Apartment for rent

Available May 21

5d+ ago

House for rent in Madison

Looking for an affordable path to homeownership? This is your opportunity.

2021 Edwardsville Rd, Madison, IL 62060

2 beds

1 bath

$950

House for rent

Available Jul 15

5d+ ago

House for rent in Madison

1715 Edwardsville Rd, Madison, IL 62060

3 beds

1.5 baths

$1,150

House for rent

Available Nov 12

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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Frequently asked questions for Madison, IL

Quick answers to common questions about the Madison rental market.

How much is rent in Madison?

The average rent in Madison is $1,050 per month as of July 25, 2026.

Is rent up or down in Madison?

Average rent prices in Madison have remained the same over the last month and have increased by 35% since last year.

How does Madison rent compare to the national average?

Rent in Madison is 46% below the national average, which means renters are paying approximately $880 less per month.

What salary do I need to afford rent in Madison?

To comfortably afford rent in Madison, you'd need to earn approximately $42,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).