Average Rent in Madison, NJ and Rent Price Trends

Rent price summary for
Madison, NJ

As of August 2025, the median rent for all bedroom counts and property types in Madison, NJ is $3,708. This is +85% higher than the national average.

$6.58

average price per square foot

Median rent

$3,708

over the previous yearvs previous year

Total rentals

19

for rent on Zumper.com

As of August 2025, the median rent for all bedroom counts and property types in Madison, NJ is $3,708. This is +85% higher than the national average.

$6.58

average price per square foot

Rent ranges

36%

55%

$1,501-$3,000$1,501 - $3,000

$3,001-$4,500$3,001 - $4,500

$4,501-$6,000$4,501 - $6,000

$6,001-$50,000$6,001 - $50,000

Households

64%

36%

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.

Rent comparables in
Madison, NJ
The monthly rent for an apartment in Madison, NJ is $2,957. A 1-bedroom apartment in Madison, NJ costs about $2,700 on average, while a 2-bedroom apartment is $2,500. Houses for rent in Madison, NJ are more expensive, with an average monthly cost of $4,000.


1 bedroom	$3,000	7%	18%
2 bedroom	$3,000	4%	1%
3 bedroom	$4,250	No Change	12%
4 bedroom	$6,150	26%	3%
Studio	$3,338	No Change	48%


Apartments	$2,957	11%	No Change
Condos	$2,895	40%	-
Houses	$4,000	7%	No Change

Studio

Average rent

$3,338

Last year

48%

1 bedroom

Average rent

$3,000

Last 30 days

Last year

18%

2 bedroom

Average rent

$3,000

Last 30 days

Last year

3 bedroom

Average rent

$4,250

Last year

12%

4 bedroom

Average rent

$6,150

Last 30 days

26%

Last year

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.

Compare rent prices in Madison, NJ to other cities

Median rent prices in Madison, NJ for all bedroom counts and property types compared to Bernardsville, NJ.

Madison

Median rent price$3,708

85%

higher than the national median

Median rent price$2,600

30%

higher than the national median

Takeaway

The median rent for all rentals in Madison, NJ is 43% higher than the median rent in Bernardsville, NJ.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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