Bedroom count
Property type
Last updated on July 22, 2026
Average rent in
Madison, IN
Average rent in
Last updated on July 22, 2026
Bedroom count
Property type
Median rent
Median rent in Madison
$929/mo
18%vs previous year
The average rent in Madison is $929 per month as of July 2026. This is 52% below the national average rent, or $1,016 less per month.
average price per square foot
Total rentals
Available rentals in Madison
9
for rent on Zumper.com as of July 2026
Rent price distribution
Share of Madison rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Madison, IN, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Madison, IN
Average rent prices in Madison have decreased by 50% over the last month and have decreased by 18% 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, IN
Rent prices in Madison vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Madison is $872, whereas a house costs $1,600. 1-bedroom apartments in Madison run $775 on average, while 2-bedroom apartments are $925.
Listings | ||||
|---|---|---|---|---|
1 bedroom | $775 | No Change | - | |
2 bedroom | $925 | 10% | - | |
3 bedroom | $1,475 | 8% |  14% | |
4 bedroom | $1,800 | 51% | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Madison, IN.
Listings | ||||
|---|---|---|---|---|
Apartments | $872 | 15% | No Change | |
Houses | $1,600 | 51% | No Change |
1 bedroom
Average rent
$775
2 bedroom
Average rent
$925
Last 30 days
10%
3 bedroom
Average rent
$1,475
Last 30 days
8%
Last year
14%
4 bedroom
Average rent
$1,800
Last 30 days
51%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Madison, IN.
Apartments
Average rent
$872
Last 30 days
15%
Houses
Average rent
$1,600
Last 30 days
51%
The table above reflects average rent prices in Madison, IN, 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, IN compare to other cities?
Compare median rent prices in Madison and Bancroft by all bedroom counts and property types.
Madison
52%lower than the national median
16%lower than the national median
Takeaway
The median rent for all rentals in Madison, IN is 43% lower than the median rent in Bancroft, KY.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,628
$1,340
$1,470
1%$1,678
24%$1,621
18%$1,756
15%$1,220
$1,735
$2,812
14%$1,465
23%$1,699
$1,349
19%Discover rentals in Madison, IN
1d ago
Apartment for rent in Madison
6131 N 450 W #1, Madison, IN 47250
2 beds
1 bath
$1,600
Apartment for rent
Available Aug 10
1d ago
Apartment for rent in Madison
6131 N 450 W #1, Madison, IN 47250
2 beds
1 bath
$1,600
Apartment for rent
Available Aug 10
Stay up to date with rental market insights
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Frequently asked questions for Madison, IN
Quick answers to common questions about the Madison rental market.
How much is rent in Madison?
The average rent in Madison is $929 per month as of July 18, 2026.
Is rent up or down in Madison?
Average rent prices in Madison have decreased by 50% over the last month and have decreased by 18% since last year.
How does Madison rent compare to the national average?
Rent in Madison is 52% below the national average, which means renters are paying approximately $1,016 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 $37,000/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).