Cheap Apartments for Rent in Madison, IN
4 rentals
Use arrow keys to navigatePET FRIENDLYTotal price$921 - $1,231/mo
1-3 Beds
1-2 BathsSunrise Crossing Apartments | 3010 Sunrise Crossing Blvd #4c2c8bf65,
Madison, IN 47250
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Apartments For Rent Near Madison, IN
We found 28 more apartments matching your filters just outside Madison
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Use arrow keys to navigatePET FRIENDLY$850 - $905/moStudio-2 Beds1 BathTimothy Trace Duplexes | 220 Timothy Ln #22bb4a7bc,
Hanover, IN 47243
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$875 - $975/mo2-3 Beds1-2 BathsOak Meadow Apartments | 1450 Oak Meadow Dr #8f74356de,
North Vernon, IN 47265
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PET FRIENDLY$1,200 - $1,500/mo1-2 Beds1-2 BathsDillsboro Townhomes | 9920 State Route 262 #83ea54c82,
Dillsboro, IN 47018
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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.
| Month | Average 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 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| 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 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?
- 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.