Apartments For Rent in Madison, IN

4 rentals

Apartments For Rent Near Madison, IN

We found 29 more apartments matching your filters just outside Madison

What Locals Say about Madison

  • Colemoederzoon3
    "Very touristy, very historical. Very quaint lots of festivals year round. Theres a lot of good people in this town. Homes are quite expensive though. Road maintenance could help out"
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  • Kaylee H.
    "A great well rounded community and very great place to live. Schooling is amazing and there are so many activities that family can do and many different attractions for people from outside of town. "
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  • Quenton T.
    "Wonderful place to live. Small Town life with larger city amenities. Quiet and peaceful with a vibrant community. "
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  • Samvin107
    "There’s quite a few families and a church a block away and a nursing home next to the church. Very quiet neighborhood "
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  • Pam T. W.
    "Lots of music almost every weekend in the summer. Great little shops on Main Street. Lovely river walk. Everyone makes you feel welcome. "
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  • Robert Danehy
    "Most beautiful historical society in the country! People are the friendliest that you will ever meet. Gorgeous River Front. Best Festival's in the country in the Summer. 5 different Schools.. About 69 of the most beautiful church's you ever seen. Moved here 2 years ago and now i don't ever want to leave!!"
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  • Robert Danehy
    "Madison is the most beautiful historical society in the country! An the people here are the most friendly that you will ever meet. Church's beautiful church's. Fine Dinning. Choice of Schools. Most beautiful River Front in the state! Nite life is fantastic. None tru out the country for are festivals. An about 40 minutes each way Cincinnati to the East an Louisville to the West. Parks for kids everywhere."
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  • Jessica D.
    "My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
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  • Aschmidlapprn11
    "There are lots of sidewalks to walk the dogs on. There is a walkway around the lake near our house as well so it is healthy and fun for them and us as well. "
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  • Aschmidlapprn11
    "We have lived here for 5 years and we are within a few minutes of everything. We are close to schools, shopping, restaurants and parks"
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  • Ericanapier05
    "Beautiful scenery, great neighborhood, close to town, wildlife, low traffic. Good school selection public and private. "
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  • Cotydunn05
    "This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
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  • Ambergaraas1976
    "It is quiet and is within walking distance to Clifty Park. It is the perfect place to walk the dogs because there are little to no sidewalks in this town. "
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  • Ambergaraas1976
    "It is within walking distance to Clifty Falls state park. Since this town has very few sidewalks it is nice to take the dogs there to walk without a lot of traffic. "
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Average Rent Trends in Madison, IN

Rent in Madison, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Jun 2025$1,032
Jul 2025$1,300
Aug 2025$1,200
Sep 2025$1,200
Oct 2025$1,500
Nov 2025$1,200
Dec 2025$1,200
Jan 2026$1,200
Feb 2026$1,250
Mar 2026$1,015
Apr 2026$1,015
May 2026$1,100
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$891$975$1,201—$1,100
Apartments and Condos$1,100—$1,150—$1,150
Houses—$975$4,600—$1,400
See more information about local market trends in Madison, IN

Frequently Asked Questions about Rentals in Madison, IN

  • What is the average rent of an apartment in Madison, IN?
    The average rent of an apartment in Madison, IN is $1,061 per month. This is about 45% lower than the national average.
  • What is the average rent of a house in Madison, IN?
    The average rent of a house in Madison, IN is $1,400 per month. This is about 27% lower than the national average.
  • When is the average rent cheapest in Madison, IN?
    In the last year, the average rent in Madison, IN was lowest in Mar 2025 when it was $1,012 per month.
  • When is the average rent most expensive in Madison, IN?
    In the last year, the average rent in Madison, IN was highest in Oct 2025 when it was $1,500 per month.
  • How many available rental listings are in Madison, IN?
    There are 6 available rental listings in Madison, IN.
  • What are some zip codes in Madison, IN?
    Madison, IN includes zip codes such as: 47250, 47231, 47224.
  • What are some cities near Madison, IN?
    Some nearby cities include: Canaan, Dupont, Brooksburg, Milton, Cross Plains. These cities may have more rental options to explore.