Madison

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Madison, NJ Area Guide

Avg Rent

$2,646

Population

16,349

Renter Mix

35% Rent

Experience the idyllic suburban environment of The Rose City

Suburb Commuter Safe Low Crime Schools Upscale Rail Service Public Transportation NJ Transit Parks College

The borough of Madison is a suburban community positioned about thirty miles west of Manhattan, roughly an hour away by train. The picturesque hamlet has long been a coveted location for New York City-area commuters, with families in particular drawn by its picturesque neighborhoods, exceptional public schools, and one of the lowest crime rates in the nation.

The charming Downtown district serves as the cultural epicenter of the community, with a thriving palette of dining and nightlife options as well as hosting annual events like the wildly popular Bottle Hill day celebration every autumn. Farleigh Dixon University serves around 12,000 students from its campus on the north side of the borough, and the smaller Drew University operates adjacent to Downtown, injecting a youthful collegiate energy into the community.

Demographics

Median Household Income

$161,855

Average: $181,314

Education

8,185

Residents Have a Degree

Job Market

8,656

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

38 Years

Largest Age Group

15-24 Years

Approximately 17% of Residents

Under 20

25%

Over 65

16%

Housing Distribution

Madison has more homeowners than renters.

Renters
35%
Non-Renters
65%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
46%
Other Education
54%

Rent Trends

As of May 2026, the average apartment rent in Madison, NJ is $2,239 for a studio, $2,646 for one bedroom, $3,448 for two bedrooms, and $4,135 for three bedrooms. Apartment rent in Madison has decreased by -3.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$2,646/month
788 Sq Ft
See Rental Market Trends in Madison, NJ

Getting Around

Moderately Walkable

Walkability

60 / 100

Good Public Transit

Transit

70 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Central Avenue Elementary School

Public

Grades PK-5

509 Students

Kings Road School

Public

Grades K-5

277 Students

Torey J. Sabatini Elementary School

Public

Grades K-5

309 Students

Madison Junior Middle School

Public

Grades 6-8

579 Students

Madison High School

Public

Grades 9-12

824 Students

Points of Interest

Parks and Recreation

  • Loantaka Brook Reservation
  • Great Swamp Outdoor Education Center
  • Morris Museum
  • Frelinghuysen Arboretum
  • Great Swamp National Wildlife Refuge

Airports

  • Newark Liberty International
  • LaGuardia

Top Apartments in Madison

Houses for Rent in Madison

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.