What is the average rent of an apartment in Madison, ME?

The average rent of an apartment in Madison, ME is $1,338 per month. This is about 31% lower than the national average.

When is the average rent for an apartment cheapest in Madison, ME?

In the last year, the average rent in Madison, ME was lowest in Oct 2025 when it was $229 per month.

In the last year, the average rent in Madison, ME was highest in Dec 2025 when it was $1,338 per month.

The average rent of a 1 bedroom apartment in Madison, ME is $1,338 per month. That is about $438 more than the cost of a studio apartment.

There are 4 available apartments or condos to rent in Madison, ME.

Madison, ME includes zip codes such as: 04950 .

Some nearby cities include: Cornville , Anson , Norridgewock , Solon , Skowhegan . These cities may have more rental options to explore.

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NEW - 2 DAYS AGO
APPLY INSTANTLY
PET FRIENDLY
$975/mo
2 Beds
1 Bath
49 Madison Ave #2,
Madison, ME 04950
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NEW - 2 DAYS AGO
APPLY INSTANTLY
PET FRIENDLY
$1,100/mo
3 Beds
1 Bath
2 2nd St,
Madison, ME 04950
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APPLY INSTANTLY
FURNISHED
$1,400/mo
1 Bed
1 Bath
1,500 sqft
8 Thomas St #1B,
Madison, ME 04950
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APPLY INSTANTLY
FURNISHED
$1,400/mo
1 Bed
1 Bath
1,000 sqft
8 Thomas St #2A,
Madison, ME 04950
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FURNISHED
$240/mo
8 Beds
1 Bath
327 Shusta Rd #1,
Madison, ME 04950
Home Deals of Maine
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$1,275/mo
1 Bed
1 Bath
55 Weston Ave LLC | 55 Weston Ave #9,
Madison, ME 04950
Dooryard Management LLC
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Apartments For Rent Near Madison, ME

Rent in Madison, ME varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent for a apartment increased in Jun 2026 compared to the previous month. Rent for apartments peaked in Dec 2025.

View as a graph

In July 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	$1,400	$975	$1,100	$2,100	$1,400
Apartments and Condos	$1,400	$975	$1,100	—	$1,400
Houses	—	—	—	$2,100	$2,100

What is the average rent of an apartment in Madison, ME?
The average rent of an apartment in Madison, ME is $1,338 per month. This is about 31% lower than the national average.
When is the average rent for an apartment cheapest in Madison, ME?
In the last year, the average rent in Madison, ME was lowest in Oct 2025 when it was $229 per month.
When is the average rent for an apartment most expensive in Madison, ME?
In the last year, the average rent in Madison, ME was highest in Dec 2025 when it was $1,338 per month.
How does the rent of a 1 bedroom apartment compare to a studio apartment in Madison, ME?
The average rent of a 1 bedroom apartment in Madison, ME is $1,338 per month. That is about $438 more than the cost of a studio apartment.
How many apartments or condos are available to rent in Madison, ME?
There are 4 available apartments or condos to rent in Madison, ME.
What are some zip codes in Madison, ME?
Madison, ME includes zip codes such as: 04950.
What are some cities near Madison, ME?
Some nearby cities include: Cornville, Anson, Norridgewock, Solon, Skowhegan. These cities may have more rental options to explore.