Average Rent in Madison, IL and Rent Price Trends

Rent trends in Madison, IL

Average rent prices in Madison have increased by 8% over the last month and have increased by 62% 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 $850, whereas a house costs $975. 1-bedroom apartments in Madison run $675 on average, while 2-bedroom apartments are $1,000.


1 bedroom	$850	1%	24%
2 bedroom	$1,022	No Change	20%
3 bedroom	$1,285	3%	-
4 bedroom	$1,450	No Change	-

		Listings
Madison	$895


Apartments	$850	No Change	No Change
Condos	$1,100	4%	-
Houses	$975	3%	No Change

1 bedroom

Average rent

$850

Last 30 days

Last year

24%

2 bedroom

Average rent

$1,022

Last year

20%

3 bedroom

Average rent

$1,285

Last 30 days

4 bedroom

Average rent

$1,450

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$1,125

42%

lower than the national median

Median rent price$1,112

43%

lower than the national median

Takeaway

The median rent for all rentals in Madison, IL is 1% higher than the median rent in Bel Nor, MO.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,112

$1,100

$1,100

$1,100

$1,300

$1,250

$1,150

$1,320

$1,009

$1,100

$1,800

$1,799

Discover rentals in Madison, IL

5d+ ago

Apartment for rent in Madison

2BR/1.0BA

1534 7th St, Madison, IL 62060

2 beds

1 bath

$1,200

Apartment for rent

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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 $1,125 per month as of June 6, 2026.

Is rent up or down in Madison?

Average rent prices in Madison have increased by 8% over the last month and have increased by 62% since last year.

How does Madison rent compare to the national average?

Rent in Madison is 42% below the national average, which means renters are paying approximately $825 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 $45,000/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).