What's the average rent in Madison, NC?
Rental Market Trends in Madison, NC
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Madison, NC is $1,199 per month, which is 37% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,199
22.3%$219 increase month-over-month
26.2%$249 increase year-over-year
AVAILABLE RENTALS
9
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, townhomes are the most affordable rental option in Madison, NC at $890 per month, while houses are the most expensive at $1,300 per month. Apartments average $1,090 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $664 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | — |
| All | $1,199 |
As of May 2026, the average rent for a 1 bedroom rental in Madison, NC is $664 per month, followed by $980 for a 2 bedroom rental, and $1,500 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $890 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $890 |
As of May 2026, the average rent for a 2 bedroom townhome in Madison, NC is $890 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $656 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | — |
| All | $980 |
As of May 2026, the average rent for a 1 bedroom apartment in Madison, NC is $656 per month, followed by $980 for a 2 bedroom apartment, and $1,200 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | — |
| All | $1,300 |
As of May 2026, the average rent for a 2 bedroom house in Madison, NC is $1,300 per month, followed by $1,500 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -11% compared to the previous year, which is a $120 decrease.
This year (2026)
Last year (2025)
Rent distribution
85% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $650 to $1,500.