Luxury Apartments for Rent in Madison, MI

1 rentals

  • 3251 S  Adrian Hwy #292, Adrian, MI 49221
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    PET FRIENDLY
    $1,059/mo
    3 Beds
    2 Baths
    1,088 sqft
    3251 S Adrian Hwy #292,
    Adrian, MI 49221
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Apartments For Rent Near Madison, MI

We found 30 more apartments matching your filters just outside Madison

Average Rent Trends in Madison, MI

Rent in Madison, MI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
May 2025$1,200
Aug 2025$2,100
Oct 2025$1,379
Nov 2025$1,650
Dec 2025$1,450
Jan 2026$1,450
Feb 2026$1,450
Mar 2026$1,199
Apr 2026$1,450
May 2026$1,200
Jun 2026$2,150
Jul 2026$2,795
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types——$1,059—$1,059
Apartments and Condos——$1,059—$1,059
Houses——$1,059—$1,059

Frequently Asked Questions about Rentals in Madison, MI

  • What is the average rent of an apartment in Madison, MI?
    The average rent of an apartment in Madison, MI is $1,059 per month. This is about 46% lower than the national average.
  • When is the average rent cheapest in Madison, MI?
    In the last year, the average rent in Madison, MI was lowest in May 2025 when it was $1,200 per month.
  • When is the average rent most expensive in Madison, MI?
    In the last year, the average rent in Madison, MI was highest in Feb 2025 when it was $2,300 per month.
  • How many available rental listings are in Madison, MI?
    There are 1 available rental listings in Madison, MI.
  • What are some cities near Madison, MI?
    Some nearby cities include: Adrian, Weston, Palmyra, Jasper, Clayton. These cities may have more rental options to explore.