Madison, NJ Rental Market Trends
What is the average rent in Madison?
The average rent for an apartment in Madison is $2,253. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Madison, NJ
|Average Rent||Average Apartment Size|
|$2,253||887 sq. ft.|
What is the average apartment size in Madison?
The average size for a Madison, NJ apartment is 887 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Madison, NJ Apartment Rent Ranges
Madison, NJ Occupied Housing Units
1,761 or 31% of the households in Madison, NJ are renter-occupied while 3,828 or 68% are owner-occupied.
Madison, NJ Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Oct / 2021|
How Madison Compares to Other Cities
|New York City||$3,609|