Madison, NJ rental market

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Last updated August 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in Madison, NJ is $3,388.

Average rent

$3,388

Month-over-month change

-$712

Year-over-year change

-$512

Available rentals

34

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,900 to $6,000.

Rent frequencies
Rent priceNumber of rental properties
$1,8001
$1,9003
$2,0002
$2,4001
$2,6003
$2,7002
$2,8003
$2,9002
$3,0003
$3,1002
$3,2001
$3,3001
$3,9001
$4,0001
$4,1002
$4,2003
$4,3001
$4,4002
$4,5003
$4,6003
$4,7003
$4,9002
$5,000+3

Average rent price over time

In the last year, rent has decreased by $512 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$3,350$2,994
Feb$3,700$2,850
Mar$3,700$2,650
Apr$3,950$3,500
May$3,950$2,850
Jun$4,050$2,800
Jul$4,050$4,200
Aug$3,561$3,850
Sep$3,950No data
Oct$3,400No data
Nov$3,125No data
Dec$3,044No data

Market temperature

The Madison, NJ 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.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Madison, NJ is 61% higher than the national average.

Madison, NJvs.

$3,388

$2,100

Rent in Madison, NJ

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Frequently asked questions

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

The average rent in Madison, NJ is $3,388.

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

Houses in Madison, NJ rent between $1,900 - $6,000 with an average rent of $3,388.

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

In the last year, the rent in Madison, NJ decreased by $512

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

In the last month, the rent in Madison, NJ decreased by $712

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

There are currently 34 rentals available in Madison, NJ.

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

The average rent in Madison, NJ is $3,388 — 61.33% higher the national average of $2,100.