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Rental Market Trends in Madison, AL

What is the average rent in Madison, AL?

$1,111/month

Average Rent

795 Sq Ft

Average Apartment Size

-2.8%

Decrease in the Last Year

As of December 2025, the average rent in Madison, AL is $1,111 per month. This is 32% lower than the national average rent of $1,632/month, making renting in Madison more affordable than most cities in the US. When you rent an apartment in Madison, you can expect to pay about $978 per month for a studio, $1,111 for a one-bedroom apartment, and around $1,341 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,650 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$978/month
617 Sq Ft
One Bedroom
$1,111/month
795 Sq Ft
Two Bedroom
$1,341/month
1,148 Sq Ft
Three Bedroom
$1,650/month
1,494 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,241/month
535 Sq Ft
Three Bedroom
$1,839/month
683 Sq Ft
Four Bedroom
$2,326/month
1,137 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,372/month
95 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,607/month
111 Sq Ft
Three Bedroom
$2,131/month
448 Sq Ft

How much has average rent changed in Madison, AL?

In the past year, rent has decreased by 2.8%, which averages out to $30 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Madison, AL
Last Updated December 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Madison, AL
Percentage*
Rent Range
0% Below $700/month
7% $700 - $1,000/month
66% $1,001 - $1,500/month
20% $1,501 - $2,000/month
8% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Madison?

Based on current rent prices, Colonial Grand at Madison, Stratford Square and Hawthorne at the Ridge are the most affordable neighborhoods in Madison.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Colonial Grand at Madison
$976/month
860 Sq Ft
Stratford Square
$1,016/month
842 Sq Ft
Hawthorne at the Ridge
$1,125/month
797 Sq Ft
Cross Creek
$1,178/month
804 Sq Ft
Edgewater
$1,207/month
788 Sq Ft
Fieldcrest
$1,214/month
891 Sq Ft
The Grand Reserve at Madison
$1,280/month
913 Sq Ft
Shamrock Townhomes
$1,436/month
554 Sq Ft
Mountain Brook of Madison
$1,468/month
836 Sq Ft

What are the most expensive neighborhoods in Madison?

Based on current rent prices, Mountain Brook of Madison, Shamrock Townhomes and The Grand Reserve at Madison are the most expensive neighborhoods in Madison.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mountain Brook of Madison
$1,468/month
836 Sq Ft
Shamrock Townhomes
$1,436/month
554 Sq Ft
The Grand Reserve at Madison
$1,280/month
913 Sq Ft
Fieldcrest
$1,214/month
891 Sq Ft
Edgewater
$1,207/month
788 Sq Ft
Cross Creek
$1,178/month
804 Sq Ft
Hawthorne at the Ridge
$1,125/month
797 Sq Ft
Stratford Square
$1,016/month
842 Sq Ft
Colonial Grand at Madison
$976/month
860 Sq Ft

Which Madison neighborhoods have the most rentals available?

The neighborhoods in Madison with the most apartments available are Edgewater, Stratford Square and Hawthorne at the Ridge .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Edgewater
$1,207/month
788 Sq Ft
Stratford Square
$1,016/month
842 Sq Ft
Hawthorne at the Ridge
$1,125/month
797 Sq Ft
Shamrock Townhomes
$1,436/month
554 Sq Ft
Colonial Grand at Madison
$976/month
860 Sq Ft
Mountain Brook of Madison
$1,468/month
836 Sq Ft
Fieldcrest
$1,214/month
891 Sq Ft
Cross Creek
$1,178/month
804 Sq Ft
The Grand Reserve at Madison
$1,280/month
913 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Madison is $1,111, you’ll want to make about $3,703 per month or $44,436 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Madison, AL

2,974 Available Apartments for Rent

Search for Nearby Apartments

How does Madison, AL compare to other nearby cities and neighborhoods?

Use the tool below to compare Madison, AL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Madison, AL

Apartment Averages

Colonial Grand at Madison

Madison, AL

Mountain Brook of Madison

Madison, AL

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Huntsville Average Rent

Apartment communities in Madison we think you'll love

The Gabriel

The Gabriel

1542 Balch Rd,
Madison, AL 35757

$1,230 - $1,680

1-3 Beds

Belle Mor Luxury Apartments

Belle Mor Luxury Apartments

240 Kirby Ln,
Madison, AL 35757

$1,106 - $3,049

1-3 Beds

Paxton Place Apartments

Paxton Place Apartments

286 Slaughter Rd,
Madison, AL 35758

$1,061 - $4,417

1-3 Beds

Prosper Madison Oaks

Prosper Madison Oaks

515 Dunlop Blvd,
Madison, AL 35824

$899 - $1,900

1-3 Beds

Property Management Companies in Madison, AL

Hawthorne Residential Partners
Hawthorne Residential Partners
  • 249

    Communities

  • 58,390

    Units

  • 108

    Cities

5 Communities in Madison
RAM Partners
RAM Partners
  • 286

    Communities

  • 76,171

    Units

  • 167

    Cities

4 Communities in Madison
RangeWater
RangeWater
  • 218

    Communities

  • 54,395

    Units

  • 116

    Cities

4 Communities in Madison
The Sterling Group, Inc.
The Sterling Group, Inc.
  • 34

    Communities

  • 9,134

    Units

  • 23

    Cities

4 Communities in Madison
MAA
MAA
  • 289

    Communities

  • 100,642

    Units

  • 115

    Cities

3 Communities in Madison
Sealy Management Co.
Sealy Management Co.
  • 44

    Communities

  • 9,316

    Units

  • 12

    Cities

3 Communities in Madison
Providian Real Estate Management
Providian Real Estate Management
  • 15

    Communities

  • 1,799

    Units

  • 8

    Cities

3 Communities in Madison
Greystar
Greystar
  • 3,450

    Communities

  • 951,424

    Units

  • 875

    Cities

2 Communities in Madison

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United States Alabama Madison Rental Trends

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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity