Bedroom count
Property type
Last updated on September 5, 2026
Average rent in
Madison, IN
Average rent in
Last updated on September 5, 2026
Bedroom count
Property type
Median rent
Median rent in Madison
$929/mo
17%vs previous year
The average rent in Madison is $929 per month as of August 2026. This is 51% below the national average rent, or $981 less per month.
average price per square foot
Total rentals
Available rentals in Madison
9
for rent on Zumper.com as of August 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 remained the same over the last month and have decreased by 17% 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 $887, whereas a house costs $1,250. 1-bedroom apartments in Madison run $800 on average, while 2-bedroom apartments are $1,600.
Listings | ||||
|---|---|---|---|---|
1 bedroom | $775 |  20% | - | |
2 bedroom | $929 | No Change | 19% | |
3 bedroom | $1,150 | 59% | 11% | |
4 bedroom | $1,300 | 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 | $887 | No Change | No Change | |
Houses | $1,250 | 23% | No Change |
1 bedroom
Average rent
$775
Last 30 days
20%
2 bedroom
Average rent
$929
Last year
19%
3 bedroom
Average rent
$1,150
Last 30 days
59%
Last year
11%
4 bedroom
Average rent
$1,300
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
$887
Houses
Average rent
$1,250
Last 30 days
23%
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
51%lower than the national median
23%lower than the national median
Takeaway
The median rent for all rentals in Madison, IN is 37% lower than the median rent in Bancroft, KY.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,464
$350
$1,457
5%$1,945
$1,690
24%$1,895
20%$1,275
$1,612
5%$2,507
5%$1,277
25%$1,456
$1,459
9%Discover rentals in Madison, IN
5d+ ago
House for rent in Madison
2604 E Buckeye Ln, Madison, IN 47250
1 bed
1 bath
$900
House for rent
5d+ ago
House for rent in Madison
2604 E Buckeye Ln, Madison, IN 47250
1 bed
1 bath
$900
House for rent
5d+ 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 26
Stay up to date with rental market insights
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
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 August 29, 2026.
Is rent up or down in Madison?
Average rent prices in Madison have remained the same over the last month and have decreased by 17% since last year.
How does Madison rent compare to the national average?
Rent in Madison is 51% below the national average, which means renters are paying approximately $981 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).