Madison, MI rental market
What is the average rent in Madison, MI?
Rental market summary
The average rent for all bedrooms and all property types in Madison, MI is $1,059.
Average rent
$1,059
Month-over-month change
$0
Year-over-year change
-$320
Available rentals
1
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,059 to $1,059.
| Rent price | Number of rental properties |
|---|---|
| $1,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $320 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $2,100 | $1,450 |
| Feb | $2,300 | $1,450 |
| Mar | $1,229 | $1,199 |
| Apr | $1,239 | $1,450 |
| May | $1,200 | $1,200 |
| Aug | $2,100 | $2,150 |
| Oct | $1,379 | $2,795 |
| Nov | $1,650 | $1,059 |
| Dec | $1,450 | No data |
Market temperature
The Madison, MI rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Madison, MI is 47% lower than the national average.
$1,059
$2,000
Rent in Madison, MI
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Rent trends near Madison, MI
Frequently asked questions
1. What is the average rent in Madison, MI?
2. What is the average rent for a three-bedroom apartment in Madison, MI?
3. How much does it cost to rent a house in Madison, MI?
4. How has the rent in Madison, MI changed in the last year?
5. How much has the rent in Madison, MI increased/decreased in the last month?
6. How many available rentals are there in Madison, MI?
7. How do rent prices in Madison, MI compare with the national average?
