What's the average rent in Madison, IL?
Rental Market Trends in Madison, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Madison, IL is $950 per month, which is 52% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$950
19.5%$155 increase month-over-month
-13.2%-$145 decrease year-over-year
AVAILABLE RENTALS
4
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $650 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | — |
| All | $950 |
As of August 2026, the average rent for a 1 bedroom rental in Madison, IL is $650 per month, followed by $950 for a 2 bedroom rental, and $1,150 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $650 |
| 2 Bedrooms | $795 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $650 |
As of August 2026, the average rent for a 1 bedroom apartment in Madison, IL is $650 per month, followed by $795 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $795 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | — |
| All | $1,050 |
As of August 2026, the average rent for a 1 bedroom house in Madison, IL is $795 per month, followed by $950 for a 2 bedroom house, and $1,150 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -13% compared to the previous year, which is a $145 decrease.
This year (2026)
Last year (2025)
Rent distribution
60% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $650 to $1,150.
