What's the average rent in Madrid, IA?
Rental Market Trends in Madrid, IA
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Madrid, IA is $800 per month, which is 58% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$800
0.0%No change month over month
-13.5%-$125 decrease year-over-year
AVAILABLE RENTALS
6
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Madrid, IA at $988 per month, while houses are the most expensive at $3,800 per month. Townhomes average $1,095 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $725 |
| 2 Bedrooms | $800 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | — |
| All | $800 |
As of May 2026, the average rent for a 1 bedroom rental in Madrid, IA is $725 per month, followed by $800 for a 2 bedroom rental, and $1,350 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $975 |
| 4 Bedrooms | — |
| All | $975 |
As of May 2026, the average rent for a 3 bedroom townhome in Madrid, IA is $975 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $725 |
| 2 Bedrooms | $800 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $800 |
As of May 2026, the average rent for a 1 bedroom apartment in Madrid, IA is $725 per month, followed by $800 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,800 |
| 4 Bedrooms | — |
| All | $3,800 |
As of May 2026, the average rent for a 3 bedroom house in Madrid, IA is $3,800 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -14% compared to the previous year, which is a $125 decrease.
This year (2026)
Last year (2025)
Rent distribution
56% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $725 to $1,195.
