What's the average rent in Madison, IL?
Rental Market Trends in Madison, IL
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Madison, IL is $795 per month, which is 58% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$795
-14.1%-$130 decrease month-over-month
-43.2%-$605 decrease year-over-year
AVAILABLE RENTALS
4
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Madison, IL at $675 per month, while townhomes are the most expensive at $900 per month. Houses average $799 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $675 |
| 2 Bedrooms | $799 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $795 |
As of May 2026, the average rent for a 1 bedroom rental in Madison, IL is $675 per month, followed by $799 for a 2 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $900 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $900 |
As of May 2026, the average rent for a 2 bedroom townhome in Madison, IL is $900 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $675 |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $675 |
As of May 2026, the average rent for a 1 bedroom apartment in Madison, IL is $675 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $795 |
| 2 Bedrooms | $799 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $799 |
As of May 2026, the average rent for a 1 bedroom house in Madison, IL is $795 per month, followed by $799 for a 2 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +15% compared to the previous year, which is a +$119 increase.
This year (2026)
Last year (2025)
Rent distribution
50% of rentals have rent of Below $800/month
Rental price range
The price range for rentals is $675 to $1,050.
