What's the average rent in Madison, IL?

Rental Market Trends in Madison, IL

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Madison, IL is $1,050 per month, which is 46% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,050
19.0%
$168 increase month-over-month
$1,050 increase year-over-year

AVAILABLE RENTALS

3

APARTMENTS

$1,200

HOUSES

$795

TOWNHOUSES

$975
As of June 2026, houses are the most affordable rental option in Madison, IL at $795 per month, while apartments are the most expensive at $1,200 per month. Townhomes average $975 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$795
2 Bedrooms$1,044
3 Bedrooms
4 Bedrooms
All$1,050
As of June 2026, the average rent for a 1 bedroom rental in Madison, IL is $795 per month, followed by $1,044 for a 2 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

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 $795 to $975.
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