Madison, NJ rental market

What is the average rent in Madison, NJ?

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Last updated August 8, 2026

Rental market summary

The average rent for all bedrooms and all property types in Madison, NJ is $3,200.

Average rent

$3,200

Month-over-month change

-$95

Year-over-year change

-$800

Available rentals

32

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,900 to $8,500.

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Rent frequencies
Rent priceNumber of rental properties
$1,8001
$1,9003
$2,0003
$2,1002
$2,2001
$2,3001
$2,4001
$2,7003
$2,8004
$2,9002
$3,0001
$3,1002
$3,2001
$3,3003
$3,4003
$3,5002
$3,8001
$3,9001
$4,0001
$4,3002
$4,4002
$4,6001
$4,9001
$5,000+4

Average rent price over time

In the last year, rent has decreased by $800 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,994$3,750
Feb$2,850$3,200
Mar$2,650$2,850
Apr$3,500$3,434
May$2,850$3,195
Jun$2,800$3,195
Jul$4,200$3,045
Aug$3,850$3,400
Sep$3,275No data
Oct$4,000No data
Nov$3,471No data
Dec$3,750No data

Market temperature

The Madison, NJ rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Madison, NJ is 60% higher than the national average.

Madison, NJvs.

$3,200

$2,000

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Frequently asked questions

1. What is the average rent in Madison, NJ?

The average rent in Madison, NJ is $3,200.

2. What is the average rent for a studio apartment in Madison, NJ?

The average rent for a studio apartment in Madison, NJ is $2,000 per month.

3. What is the average rent for a one-bedroom apartment in Madison, NJ?

The average rent for a one-bedroom apartment in Madison, NJ is $2,200 per month.

4. What is the average rent for a two-bedroom apartment in Madison, NJ?

The average rent for a two-bedroom apartment in Madison, NJ is $3,400 per month.

5. What is the average rent for a three-bedroom apartment in Madison, NJ?

The average rent for a three-bedroom apartment in Madison, NJ is $4,650 per month.

6. What is the average rent for a four-bedroom apartment in Madison, NJ?

The average rent for a four-bedroom apartment in Madison, NJ is $6,750 per month.

7. How much does it cost to rent a house in Madison, NJ?

Houses in Madison, NJ rent between $1,900 - $8,500 with an average rent of $3,200.

8. How has the rent in Madison, NJ changed in the last year?

In the last year, the rent in Madison, NJ decreased by $800

9. How much has the rent in Madison, NJ increased/decreased in the last month?

In the last month, the rent in Madison, NJ decreased by $95

10. How many available rentals are there in Madison, NJ?

There are currently 32 rentals available in Madison, NJ.

11. How do rent prices in Madison, NJ compare with the national average?

The average rent in Madison, NJ is $3,200 — 60% higher the national average of $2,000.

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