Last updated on October 30, 2026

Average rent in
Madison, NJ

Median rent

Median rent in Madison

$2,737/mo

decreased by28%

vs previous year

The average rent in Madison is $2,737 per month as of October 2026. This is 44% above the national average rent, or $837 more per month.

$7.06

average price per square foot

Total rentals

Available rentals in Madison

10

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Madison rentals at each price point

50%38%25%13%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Madison, NJ, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Madison, NJ

Average rent prices in Madison have decreased by 7% over the last month and have decreased by 28% 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, NJ

Rent prices in Madison vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Madison is $3,400, whereas a house costs $4,900. 1-bedroom apartments in Madison run $2,700 on average, while 2-bedroom apartments are $3,050.

Listings

Studio

$2,495

104%

12%

1 bedroom

$2,956

6%

10%

2 bedroom

$3,532

No Change

10%

3 bedroom

$4,500

4%

No Change

4 bedroom

$5,375

38%

9%

Studio

Average rent

$2,495

Last 30 days

104%

Last year

12%

1 bedroom

Average rent

$2,956

Last 30 days

6%

Last year

10%

2 bedroom

Average rent

$3,532

Last year

10%

3 bedroom

Average rent

$4,500

Last 30 days

4%

4 bedroom

Average rent

$5,375

Last 30 days

38%

Last year

9%

The table above reflects average rent prices in Madison, NJ, 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, NJ compare to other cities?

Compare median rent prices in Madison and Bernardsville by all bedroom counts and property types.

Madison

Median rent price$2,737
increased by44%

higher than the national median

Median rent price$2,750
increased by45%

higher than the national median

Takeaway

The median rent for all rentals in Madison, NJ is equal to the median rent in Bernardsville, NJ.

Discover rentals in Madison, NJ

56 Brooklake Rd - Photo 1 of 1

5d+ ago

House for rent in Madison

Rental, Madison Boro, NJ

56 Brooklake Rd, Madison, NJ 07940

3 beds

1.5 baths

$3,500

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
2 South St #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Madison

Rental, Madison Boro, NJ

2 South St #2, Madison, NJ 07940

3 beds

2 baths

$3,550

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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, NJ

Quick answers to common questions about the Madison rental market.

How much is rent in Madison?

The average rent in Madison is $2,737 per month as of October 24, 2026.

Is rent up or down in Madison?

Average rent prices in Madison have decreased by 7% over the last month and have decreased by 28% since last year.

How does Madison rent compare to the national average?

Rent in Madison is 44% above the national average, which means renters are paying approximately $837 more per month.

What salary do I need to afford rent in Madison?

To comfortably afford rent in Madison, you'd need to earn approximately $110,000/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).

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