Bedroom count

Property type

Last updated on January 20, 2026

Average rent in
Madison, IN

Last updated on January 20, 2026

Last updated on January 20, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in Madison, IN is $969. This is -49%, or $931, lower than the national average.

$0.96

average price per square foot

Median rent

$969

decreased by13%
over the previous yearvs previous year

Total rentals

10

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in Madison, IN is $969. This is -49%, or $931, lower than the national average.

$0.96

average price per square foot

Rent ranges

7%
71%
21%
$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 14% in the last month and have decreased by 13% 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 $938. A 1-bedroom apartment in Madison, IN costs about $870 on average, while a 2-bedroom apartment is $941. Houses for rent in Madison, IN are more expensive, with an average monthly cost of $1,112.

Comparables

1 bedroom

$870

No Change

-

2 bedroom

$938

No Change

-

3 bedroom

$1,600

3%

42%

Studio

$450

No Change

58%

Studio

Average rent

$450

Last year

58%

1 bedroom

Average rent

$870

2 bedroom

Average rent

$938

Last 30 days

No Change

3 bedroom

Average rent

$1,600

Last 30 days

3%

Last year

42%

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$969
decreased by49%

lower than the national median

Median rent price$1,750
decreased by8%

lower than the national median

Takeaway

The median rent for all rentals in Madison, IN is 45% 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

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Bancroft

$1,750

N/A

Last year

Carrollton

$350

N/A

Last year

Charlestown

$1,380

decreased by1%

Last year

Coldstream

$1,834

increased by1%

Last year

Crestwood

$1,845

decreased by7%

Last year

La Grange

$1,845

increased by5%

Last year

New Washington

$1,285

N/A

Last year

Pewee Valley

$1,539

N/A

Last year

Prospect

$2,475

decreased by7%

Last year

Sellersburg

$1,300

decreased by15%

Last year

Simpsonville

$1,553

decreased by56%

Last year

Worthington Hills

$1,510

decreased by22%

Last year

Apartments for rent in Bridgetown

Discover rentals in Madison, IN

613 Green Rd #3 - Photo 1 of 1

16h ago

Apartment for rent in Madison

2 beds

1 bath

$900

Apartment for rent

Available Nov 2