What's the average rent in Madison, NJ?

Rental Market Trends in Madison, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Madison, NJ is $3,232 per month, which is 66% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$3,232

1.2%$37 increase month-over-month

-4.3%-$146 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$2,769

HOUSES

$5,000

TOWNHOUSES

$4,500

As of June 2026, apartments are the most affordable rental option in Madison, NJ at $2,769 per month, while houses are the most expensive at $5,000 per month. Townhomes average $4,500 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,245
2 Bedrooms	$3,025
3 Bedrooms	$4,700
4 Bedrooms	$5,000
All	$3,232

As of June 2026, the average rent for a 1 bedroom rental in Madison, NJ is $2,245 per month, followed by $3,025 for a 2 bedroom rental, $4,700 for a 3 bedroom rental, and $5,000 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$2,500
2 Bedrooms	$3,400
3 Bedrooms	$4,850
4 Bedrooms	$4,500
All	$4,500

As of June 2026, the average rent for a 1 bedroom townhome in Madison, NJ is $2,500 per month, followed by $3,400 for a 2 bedroom townhome, $4,850 for a 3 bedroom townhome, and $4,500 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,995
2 Bedrooms	$2,700
3 Bedrooms	$4,200
4 Bedrooms	$5,995
All	$2,800

As of June 2026, the average rent for a 1 bedroom apartment in Madison, NJ is $1,995 per month, followed by $2,700 for a 2 bedroom apartment, $4,200 for a 3 bedroom apartment, and $5,995 for a 4 bedroom apartment.