What's the average rent in Madison, NJ?

Rental Market Trends in Madison, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Madison, NJ is $3,400 per month, which is 73% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$3,400

3.1%$101 increase month-over-month

-2.9%-$100 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$3,003

HOUSES

$3,100

TOWNHOUSES

$4,400

As of August 2026, apartments are the most affordable rental option in Madison, NJ at $3,003 per month, while townhomes are the most expensive at $4,400 per month. Houses average $3,100 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,815
2 Bedrooms	$3,400
3 Bedrooms	$5,222
4 Bedrooms	$5,000
All	$3,400

As of August 2026, the average rent for a 1 bedroom rental in Madison, NJ is $2,815 per month, followed by $3,400 for a 2 bedroom rental, $5,222 for a 3 bedroom rental, and $5,000 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$3,400
3 Bedrooms	—
4 Bedrooms	$4,500
All	$4,400

As of August 2026, the average rent for a 2 bedroom townhome in Madison, NJ is $3,400 per month, followed by $4,500 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,150
2 Bedrooms	$2,900
3 Bedrooms	$3,950
4 Bedrooms	$5,000
All	$2,815

As of August 2026, the average rent for a 1 bedroom apartment in Madison, NJ is $2,150 per month, followed by $2,900 for a 2 bedroom apartment, $3,950 for a 3 bedroom apartment, and $5,000 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$3,100
2 Bedrooms	$2,350
3 Bedrooms	$4,000
4 Bedrooms	—
All	$3,100

As of August 2026, the average rent for a 1 bedroom house in Madison, NJ is $3,100 per month, followed by $2,350 for a 2 bedroom house, and $4,000 for a 3 bedroom house.