What's the average rent in Madison, NJ?

Rental Market Trends in Madison, NJ

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Madison, NJ is $3,050 per month, which is 60% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$3,050

-10.3%-$350 decrease month-over-month

7.0%$200 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$2,708

HOUSES

$3,000

TOWNHOUSES

$4,495

As of May 2026, apartments are the most affordable rental option in Madison, NJ at $2,708 per month, while townhomes are the most expensive at $4,495 per month. Houses average $3,000 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,319
2 Bedrooms	$2,924
3 Bedrooms	$4,300
4 Bedrooms	$5,995
All	$3,050

As of May 2026, the average rent for a 1 bedroom rental in Madison, NJ is $2,319 per month, followed by $2,924 for a 2 bedroom rental, $4,300 for a 3 bedroom rental, and $5,995 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$3,300
2 Bedrooms	$4,495
3 Bedrooms	$4,999
4 Bedrooms	—
All	$4,495

As of May 2026, the average rent for a 1 bedroom townhome in Madison, NJ is $3,300 per month, followed by $4,495 for a 2 bedroom townhome, and $4,999 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,050
2 Bedrooms	$2,650
3 Bedrooms	$4,200
4 Bedrooms	$5,995
All	$2,650

As of May 2026, the average rent for a 1 bedroom apartment in Madison, NJ is $2,050 per month, followed by $2,650 for a 2 bedroom apartment, $4,200 for a 3 bedroom apartment, and $5,995 for a 4 bedroom apartment.