Cheap Apartments for Rent in Madison, IL

4 rentals

Apartments For Rent Near Madison, IL

We found 30 more apartments matching your filters just outside Madison

Average Rent Trends in Madison, IL

Rent in Madison, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Jul 2025$950
Aug 2025$1,095
Sep 2025$950
Oct 2025$800
Nov 2025$650
Dec 2025$950
Jan 2026$895
Feb 2026$800
Mar 2026$895
Apr 2026$919
May 2026$799
Jun 2026$675
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Houses were the most affordable home type to rent compared with Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$795$975——$795
Townhomes—$975——$975
Houses$795———$795

Frequently Asked Questions about Rentals in Madison, IL

  • What is the average rent of a house in Madison, IL?
    The average rent of a house in Madison, IL is $795 per month. This is about 59% lower than the national average.
  • What is the average rent of a townhome in Madison, IL?
    The average rent of a townhome in Madison, IL is $975 per month. This is about 50% lower than the national average.
  • When is the average rent cheapest in Madison, IL?
    In the last year, the average rent in Madison, IL was lowest in Nov 2025 when it was $650 per month.
  • When is the average rent most expensive in Madison, IL?
    In the last year, the average rent in Madison, IL was highest in Mar 2025 when it was $1,450 per month.
  • How many available rental listings are in Madison, IL?
    There are 2 available rental listings in Madison, IL.
  • What are some zip codes in Madison, IL?
    Madison, IL includes zip codes such as: 62060.
  • What are some cities near Madison, IL?
    Some nearby cities include: Granite City, Venice, Lovejoy, Riverview, Glasgow Village. These cities may have more rental options to explore.