Cheap Apartments for Rent in Madison, NJ

34 rentals

Apartments For Rent Near Madison, NJ

We found 24 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 stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
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
Sep 2026$3,375
View as a graph

Average Rent By Bedroom and Home Type

In September 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$3,000$3,000$3,975$4,500$3,175
Townhomes—$2,633$4,322$6,950$4,322
Apartments and Condos$2,350$3,000$3,750$5,000$3,000
Houses$3,100$2,600$3,975$4,500$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 $3,037 per month. This is about 56% higher than the national average.
  • What are the cheapest months to find an apartment to rent in Madison, NJ?
    Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $2,650 per month.
  • How many cheap apartments are available in Madison, NJ?
    There are 19 apartments to rent that are cheaper than the city’s average rent of $3,175.
  • 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 $3,000 per month. That is about $1,122 more than the cost of a studio apartment.
  • 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 - 86 Rentas | Trulia
Copyright Garden State Multiple Listing Service, L.L.C. All rights reserved. Information is deemed reliable but not guaranteed.