Average rent in Madison, IN

As of September 2026, the typical asking rent in the Madison, IN metro area is $1,250 per month, down 0.0% from a year ago — 17% below the US metro average of $1,498.

Figures cover all property types — single-family, condo and apartment — at every bedroom count. The interactive map can break rents down by home type.

Average rent

$1,250

September 2026

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Madison, IN rent forecast

Our forecasting engine begins projecting a metro once it has 12 months of observed rent data, so that seasonality and year-over-year trends can be measured rather than guessed. Madison, IN has 1 so far; its forecast will appear here automatically as the history builds.

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More Indiana metros

Angola, IN · $1,101Auburn, IN · $1,042Bedford, IN · $1,036Bloomington, IN · $1,746Columbus, IN · $1,380Crawfordsville, IN · $1,020Elkhart, IN · $1,182Evansville, IN · $1,098Fort Wayne, IN · $1,266Frankfort, IN · $1,000Huntington, IN · $788Indianapolis, IN · $1,528All Indiana metros →

Rent figures are smoothed median asking rents (Zillow Observed Rent Index) for the Madison, IN metro area, updated monthly. Forecasts are produced by RentLens's proprietary ML models; “forecast accuracy” is this metro's average prediction error on held-out historical data.