What's the average rent in Madison, NJ?

Rental Market Trends in Madison, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Madison, NJ is $3,000 per month, which is 55% higher than the national average rent of $1,932 per month.

AVERAGE RENT

$3,000
-3.2%
-$100 decrease month-over-month
-6.3%
-$200 decrease year-over-year

AVAILABLE RENTALS

31

APARTMENTS

$3,026

HOUSES

$3,000

TOWNHOUSES

$5,250
As of November 2026, houses are the most affordable rental option in Madison, NJ at $3,000 per month, while townhomes are the most expensive at $5,250 per month. Apartments average $3,026 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$2,824
3 Bedrooms$3,975
4 Bedrooms$6,950
All$3,000
As of November 2026, the average rent for a 1 bedroom rental in Madison, NJ is $2,200 per month, followed by $2,824 for a 2 bedroom rental, $3,975 for a 3 bedroom rental, and $6,950 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -18% compared to the previous year, which is a $621 decrease.
This year (2026)
Last year (2025)

Rent distribution

33% 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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