Cheap Houses for Rent in Madison, IN
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Apartments For Rent Near Madison, IN
We found 5 more apartments matching your filters just outside Madison
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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 decreased in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $987 |
| Jul 2025 | $1,350 |
| Aug 2025 | $1,200 |
| Sep 2025 | $985 |
| Oct 2025 | $1,500 |
| Nov 2025 | $1,500 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,500 |
| Mar 2026 | $1,000 |
| Apr 2026 | $1,015 |
| May 2026 | $975 |
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 Houses for rent in Madison, IN
- 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 Sep 2025 when it was $985 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 Dec 2025 when it was $1,800 per month.
- How many houses are available to rent in Madison, IN?There are 3 available houses to rent 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.