Cheap Apartments for Rent in Madison, IL
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Apartments For Rent Near Madison, IL
We found 30 more apartments matching your filters just outside Madison
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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 stayed about the same in Nov 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $950 |
| Jan 2026 | $895 |
| Feb 2026 | $800 |
| Mar 2026 | $895 |
| Apr 2026 | $917 |
| May 2026 | $799 |
| Jun 2026 | $675 |
| Jul 2026 | $795 |
| Aug 2026 | $950 |
| Sep 2026 | $739 |
| Oct 2026 | $875 |
| Nov 2026 | $875 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $875 | $900 | $925 | — | $895 |
| Apartments and Condos | $875 | — | — | — | $875 |
| Houses | — | $900 | $925 | — | $900 |
View this page in Spanish: Apartamentos baratos en renta en Madison, IL - 4,892 Rentas | Trulia