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Average Rent in Madison, AL

19 apartment buildings, 268 units. Daily asking prices with rent history for every building.

Browse apartments in Madison, AL

Avg Rent

$1,226/mo

median $1,191

+4.5% vs last month

Cheapest

$850/mo

Madison Landing

Properties

19

tracked daily

Units

268

available now

Madison, AL Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 19 properties in Madison, AL.

Timeframe

Average rent trend, last 3 months

All bedroom types, citywide. Choose a window above to scope the view.

$1,374
Average rent today
Average rent trend in Madison, AL $1,300$1,383$1,467$1,550 Jul 9Jul 30Aug 27Sep 17Oct 8

Full Madison, AL price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Madison, AL Rent Prices

All 19 properties ranked by lowest available rent.

#1 3.8 (214)

Somerset at Madison Apartments

121 Continental Dr, Madison, AL 35758, USA

From $826/mo as of Sep 30
Avg $1,174 23 units
#2 4 (390)

Madison Landing

2002 Flagstone Dr, Madison, AL 35758, USA

From $850/mo
Avg $1,098 63 units
#3 4.4 (408)

Limestone Creek Apartment Homes

100 Crimson Rose Dr, Madison, AL 35756, USA

From $864/mo
Avg $1,057 37 units
#4 4.8 (105)

Windscape Apartment Homes

125 Royal Dr, Madison, AL 35758, USA

From $899/mo as of Oct 4
Avg $1,318 6 units
#5 4.1 (294)

Elements of Madison Apartments

117 Royal Dr, Madison, AL 35758, USA

From $917/mo
Avg $1,071 30 units
#6 4.4 (269)

Ballpark Apartments @ Town Madison

200 Town Madison Blvd, Madison, AL 35758, USA

From $997/mo
Avg $1,336 20 units
#7 4.4 (221)

Hawthorne at the Ridge

201 Water Hill Rd, Madison, AL 35758, USA

From $999/mo as of Oct 3
Avg $1,249 22 units

Rent & Price History by Building

Compare apartment listings by price, bedrooms, and neighborhood.

Browse all apartments
Somerset at Madison Apartments apartments in Madison, AL

Somerset at Madison Apartments

3.8 (214)

121 Continental Dr, Madison, AL 35758, USA

From $826/mo prices as of Sep 30
23 units
Madison Landing apartments in Madison, AL

Madison Landing

4 (390)

2002 Flagstone Dr, Madison, AL 35758, USA

From $850/mo
63 units
Limestone Creek Apartment Homes apartments in Madison, AL

Limestone Creek Apartment Homes

4.4 (408)

100 Crimson Rose Dr, Madison, AL 35756, USA

From $864/mo
37 units
Windscape Apartment Homes apartments in Madison, AL

Windscape Apartment Homes

4.8 (105)

125 Royal Dr, Madison, AL 35758, USA

From $899/mo prices as of Oct 4
6 units
Elements of Madison Apartments apartments in Madison, AL

Elements of Madison Apartments

4.1 (294)

117 Royal Dr, Madison, AL 35758, USA

From $917/mo
30 units
Ballpark Apartments @ Town Madison apartments in Madison, AL

Ballpark Apartments @ Town Madison

4.4 (269)

200 Town Madison Blvd, Madison, AL 35758, USA

From $997/mo
20 units
Browse all Madison, AL apartments

By Area

Madison, AL neighborhoods

Tracked buildings across 2 named neighborhoods. Pick one to see its apartments.

Madison, AL Average Rent Prices 2026

The average rent in Madison, AL is $1,226 per month, based on 268 units across 19 apartment communities. Prices range from $850 at Madison Landing to $2,600 at Villas at Capital Twenty.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,439/mo $1,439/mo 2
1 Bed $1,180/mo $850/mo 107
2 Bed $1,209/mo $917/mo 122
3 Bed $1,402/mo $1,214/mo 37

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

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Market Context

Who rents in Madison, AL, and what they pay

Tracked one-bedroom rent in Madison, AL averages $1,180/mo, with two-bedroom units averaging $1,209/mo. At the local median household income of $131,436, that works out to 11% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Madison, AL at $1,375/mo. The current tracked market average runs 11% below that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Madison, AL while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Madison, AL?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$49,000/year

Based on the 30 percent rule, using our tracked average rent of $1,226/mo.

Comfortable income

$59,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($850/mo), you need to earn at least $34,000/year.

Median household income in Madison, AL is $131,436 , about 123% above the comfortable-living threshold.

Cost of living in Madison, AL

Overall prices in Madison, AL runs below the national average by about 6% (BEA Regional Price Parity index 93.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Madison, AL's regional price parities.

Category Monthly estimate
Rent (market average) $1,226
Utilities $349
Groceries $511
Transportation $832
Healthcare $406
Other goods and services $650
Estimated total $3,974/mo

Population

58,335

Median household income

$131,436

Census median rent

$1,375/mo

Census rent burden

24.8%

Median age

37.9

Mean commute

21 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in Alabama

How Madison, AL rent compares to other markets in the state.

City Avg Rent vs Madison, AL 30-Day Change Properties
Auburn, AL $1,676 +37% +1.4% 26
Mobile, AL $1,344 +10% +3.5% 23
Birmingham, AL $1,462 +19% -15.3% 19
Montgomery, AL $1,388 +13% +7.4% 18
Hoover, AL $1,434 +17% -15.5% 14
Decatur, AL $941 -23% -5.1% 11

Frequently asked questions

What is the average rent in Madison, AL?

The average rent in Madison, AL is $1,226 per month, based on 268 units across 19 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the median rent in Madison, AL?

The median asking rent in Madison, AL is $1,191 per month, computed from 268 live listed units and refreshed daily. The average is $1,226/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Madison, AL?

The lowest available rent in Madison, AL starts at $850 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Madison, AL?

1-bedroom apartments in Madison, AL average $1,180/mo. The lowest listed 1-bedroom starts at $850/mo across 107 units tracked.

How much is a 2-bedroom apartment in Madison, AL?

2-bedroom apartments in Madison, AL average $1,209/mo. Units start from $917/mo across 122 units currently listed.

Rent Trends in Madison, AL

Track how apartment prices are changing over time.

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