What's the average rent in Madison, NJ?

Rental Market Trends in Madison, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Madison, NJ is $3,359 per month, which is 72% higher than the national average rent of $1,948 per month.

AVERAGE RENT

$3,359
-0.5%
-$16 decrease month-over-month
5.0%
$159 increase year-over-year

AVAILABLE RENTALS

33

APARTMENTS

$3,058

HOUSES

$3,100

TOWNHOUSES

$4,400
As of September 2026, apartments are the most affordable rental option in Madison, NJ at $3,058 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 typeAverage rent
1 Bedroom$2,200
2 Bedrooms$3,359
3 Bedrooms$4,300
4 Bedrooms$5,000
All$3,359
As of September 2026, the average rent for a 1 bedroom rental in Madison, NJ is $2,200 per month, followed by $3,359 for a 2 bedroom rental, $4,300 for a 3 bedroom rental, and $5,000 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +3% compared to the previous year, which is a +$100 increase.
This year (2026)
Last year (2025)

Rent distribution

29% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $1,200 to $6,950.
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