Madison, IN rental market
Last updated August 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Madison, IN is $1,200.
$1,200
-$100
$0
6
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $850 to $1,515.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $900 | 1 |
| $1,100 | 2 |
| $1,200 | 2 |
| $1,400 | 1 |
| $1,500+ | 2 |
Average rent price over time
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,100 | $1,200 |
| Feb | $1,050 | $1,038 |
| Mar | $1,350 | $1,012 |
| Apr | $1,150 | $1,200 |
| May | $1,195 | $1,180 |
| Jun | $2,995 | $1,032 |
| Jul | $1,455 | $1,300 |
| Aug | $1,200 | $1,200 |
| Sep | $1,400 | No data |
| Oct | $1,250 | No data |
| Nov | $1,019 | No data |
| Dec | $1,012 | No data |
Market temperature
The Madison, IN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Madison, IN is 43% lower than the national average.
$1,200
$2,100
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Frequently asked questions
1. What is the average rent in Madison, IN?
The average rent in Madison, IN is $1,200.
2. How much does it cost to rent a house in Madison, IN?
Houses in Madison, IN rent between $850 - $1,515 with an average rent of $1,200.
3. How has the rent in Madison, IN changed in the last year?
In the last year, the rent in Madison, IN did not change.
4. How much has the rent in Madison, IN increased/decreased in the last month?
In the last month, the rent in Madison, IN decreased by $100
5. How many available rentals are there in Madison, IN?
There are currently 6 rentals available in Madison, IN.
6. How do rent prices in Madison, IN compare with the national average?
The average rent in Madison, IN is $1,200 — 42.86% lower the national average of $2,100.