Madison IN Apartments

1 rentals

Apartments For Rent Near Madison, IN

We found 10 more apartments matching your filters just outside Madison

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 May 2025.
MonthAverage rent
Jun 2025$1,116
Jul 2025$1,041
Aug 2025$1,200
Sep 2025$1,200
Oct 2025$1,113
Nov 2025$1,200
Dec 2025$1,130
Jan 2026$1,200
Feb 2026$1,200
Mar 2026$1,125
Apr 2026$1,039
May 2026$1,061
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

Frequently Asked Questions about Apartments and Condos for rent 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.
  • 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 $950 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 May 2025 when it was $1,340 per month.
  • How many apartments or condos are available to rent in Madison, IN?
    There are 3 available apartments or condos to rent 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.