Apartments For Rent By Private Owner in Madison, IN

6 rentals

Apartments For Rent Near Madison, IN

We found 12 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 Nov 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Dec 2025$1,200
Jan 2026$1,200
Feb 2026$1,250
Mar 2026$1,015
Apr 2026$1,015
May 2026$1,100
Jun 2026$1,819
Jul 2026$1,195
Aug 2026$1,150
Sep 2026$1,012
Oct 2026$1,500
Nov 2026$1,525
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types—$1,500$1,660$1,725$1,600
Apartments and Condos—$1,200——$1,200
Houses—$1,600$1,660$1,725$1,660

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 $1,200 per month. This is about 38% 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 11 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.