Bedroom count

Property type

Last updated on March 7, 2026

Average rent in
Madison, IN

Last updated on March 7, 2026

Last updated on March 7, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in Madison, IN is $964. This is -49%, or $936, lower than the national average.

$1.11

average price per square foot

Median rent

$964

decreased by23%
over the previous yearvs previous year

Total rentals

9

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in Madison, IN is $964. This is -49%, or $936, lower than the national average.

$1.11

average price per square foot

Rent ranges

12%
71%
18%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250

Households

52%
48%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

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 price trends in
Madison, IN

Rent price trends

Rent prices for all bedroom counts and property types in Madison, IN have decreased by 25% in the last month and have decreased by 23% in the last year.

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

Rent comparables in
Madison, IN

The monthly rent for an apartment in Madison, IN is $969. A 1-bedroom apartment in Madison, IN costs about $1,245 on average, while a 2-bedroom apartment is $938. Houses for rent in Madison, IN are more expensive, with an average monthly cost of $1,000.

Comparables

1 bedroom

$1,245

No Change

-

2 bedroom

$1,495

10%

-

3 bedroom

$1,600

8%

7%

Studio

$450

No Change

59%

Studio

Average rent

$450

Last year

59%

1 bedroom

Average rent

$1,245

2 bedroom

Average rent

$1,495

Last 30 days

10%

3 bedroom

Average rent

$1,600

Last 30 days

8%

Last year

7%

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.

Compare rent prices in Madison, IN to other cities

Median rent prices in Madison, IN for all bedroom counts and property types compared to Bancroft, KY.

Madison

Median rent price$964
decreased by49%

lower than the national median

Median rent price$1,639
decreased by14%

lower than the national median

Takeaway

The median rent for all rentals in Madison, IN is 41% lower than the median rent in Bancroft, KY.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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Average rent in
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