Madison, MN rental market

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Last updated August 30, 2025

Rental market summary

The average rent for all bedrooms and all property types in Madison, MN is $575.

Average rent

$575

Month-over-month change

+$25

Year-over-year change

+$25

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $550 to $795.

Rent frequencies
Rent priceNumber of rental properties
$5001
$700+1

Average rent price over time

In the last year, rent has increased by $25 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$550$533
Feb$550$500
Apr$500$500
Jul$550$500
Sep$550$500
Nov$550$1,250
Dec$550$600

Market temperature

The Madison, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Madison, MN is 73% lower than the national average.

Madison, MNvs.

$575

$2,100

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Frequently asked questions

1. What is the average rent in Madison, MN?

The average rent in Madison, MN is $575.

2. How much does it cost to rent a house in Madison, MN?

Houses in Madison, MN rent between $550 - $795 with an average rent of $575.

3. How has the rent in Madison, MN changed in the last year?

In the last year, the rent in Madison, MN increased by $25

4. How much has the rent in Madison, MN increased/decreased in the last month?

In the last month, the rent in Madison, MN increased by $25

5. How many available rentals are there in Madison, MN?

There are currently 2 rentals available in Madison, MN.

6. How do rent prices in Madison, MN compare with the national average?

The average rent in Madison, MN is $575 — 72.62% lower the national average of $2,100.

Nearby areas

Zip codes in Madison, MN