Cheap Apartments for Rent in Madison, NJ
32 rentals
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- SPECIAL OFFERPET FRIENDLY$2,345 - $4,095/mo1-2 Beds1-2 BathsMadison Mall on Main Luxury Apartments | 286 Main St #294E,
Madison, NJ 07940 Save Search in Madison, NJ
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Apartments For Rent Near Madison, NJ
We found 18 more apartments matching your filters just outside Madison
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- SPECIAL OFFERPET FRIENDLYTotal price$2,560 - $3,010/mo1-2 Beds1 BathChatham on Main | 555 Main St #500-10D,
Chatham, NJ 07928
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 stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $4,200 |
| Aug 2025 | $3,850 |
| 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 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,245 | $3,025 | $4,700 | $5,000 | $3,232 |
| Townhomes | $2,500 | $3,400 | $4,850 | $4,500 | $4,500 |
| Apartments and Condos | $1,995 | $2,700 | $4,200 | $5,995 | $2,800 |
| Houses | — | — | $5,000 | $5,000 | $5,000 |
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 $2,769 per month. This is about 42% higher than the national average.
- What is the average rent of a house in Madison, NJ?The average rent of a house in Madison, NJ is $5,000 per month. This is about 156% higher than the national average.
- What is the average rent of a townhome in Madison, NJ?The average rent of a townhome in Madison, NJ is $4,500 per month. This is about 131% 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 many available rental listings are in Madison, NJ?There are 43 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.

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