Cheap Apartments for Rent in Madison, NJ

34 rentals

Apartments For Rent Near Madison, NJ

We found 26 more apartments matching your filters just outside Madison

Average Rent Trends in Madison, NJ

Rent in Madison, NJ varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Sep 2025$3,275
Oct 2025$4,000
Nov 2025$3,471
Dec 2025$3,750
Jan 2026$3,750
Feb 2026$3,200
Mar 2026$2,850
Apr 2026$3,434
May 2026$3,195
Jun 2026$3,195
Jul 2026$3,045
Aug 2026$3,400
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 and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$2,200$3,400$4,650$5,000$3,167
Townhomes—$4,400$4,650$4,500$4,400
Apartments and Condos$2,150$2,900$3,794$5,000$2,800
Houses$3,100$2,350$4,000—$3,100
See more information about local market trends in Madison, NJ

Frequently Asked Questions about Rentals in Madison, NJ

  • What is the average rent of an apartment in Madison, NJ?
    The average rent of an apartment in Madison, NJ is $2,775 per month. This is about 41% higher than the national average.
  • When is the average rent cheapest in Madison, NJ?
    In the last year, the average rent in Madison, NJ was lowest in Mar 2025 when it was $2,650 per month.
  • When is the average rent most expensive in Madison, NJ?
    In the last year, the average rent in Madison, NJ was highest in Jul 2025 when it was $4,200 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Madison, NJ?
    The average rent of a 1 bedroom apartment in Madison, NJ is $2,200 per month. That is about $200 more than the cost of a studio apartment.
  • How many available rental listings are in Madison, NJ?
    There are 32 available rental listings in Madison, NJ.
  • What are some zip codes in Madison, NJ?
    Madison, NJ includes zip codes such as: 07940.
  • What are some cities near Madison, NJ?
    Some nearby cities include: Florham Park, Chatham, Green Village, New Vernon, Summit. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Madison, NJ - 80 Rentas | Trulia
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