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Average Rent in Madison, AL & Rent Trends

Rent prices and market trends across 19 apartment communities in Madison, AL. Updated daily.

Market Average

$1,316/mo

▲ +0.5% from last month

Lowest Available

$795/mo

cheapest unit on market

Communities

19

tracked daily

Units Listed

317

available now

Price Cuts This Week in Madison, AL

93 listed units across 12 buildings in Madison, AL dropped their asking rent in the past 7 days, an average cut of $64/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Villas at Capital Twenty Unit 1, Nova $2,122 $1,650 $472
Argento at Oakland Springs Apartments Unit 6 $1,682 $1,479 $203
The Grand Reserve at Madison Apartments Unit 105, 1X1 - R $1,166 $970 $196
Elements of Madison Apartments Unit 11, B2A $1,002 $860 $142
Livano at Town Madison Unit 21124 $1,815 $1,677 $138
The Grand Reserve at Madison Apartments Unit 1707, 3X2 $1,404 $1,276 $128
The Grand Reserve at Madison Apartments Unit 2504, 3X2 S $1,279 $1,151 $128
The Grand Reserve at Madison Apartments Unit 805, 3X2 S $1,354 $1,226 $128
See today's prices on all 317 listed units

Rent by Neighborhood in Madison, AL

Compare average rent across Madison, AL neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Madison 35756 $1,462 ▼  $81 $895 5 61
Madison 35758 $1,281 ▼  $1 $795 14 256

Is Rent Going Up or Down in Madison, AL?

As of October 2026, the average rent in Madison, AL is $1,316 per month across 19 apartment communities and 317 available units. Rents have increased $7 (0.5%) over the past month.

The most affordable option is Windscape Apartment Homes starting at $795/mo. By unit type, a studio averages $1,409/mo, a 1-bedroom averages $1,148/mo, a 2-bedroom averages $1,295/mo, a 3-bedroom averages $1,565/mo, a 4-bedroom averages $2,675/mo.

Prices range from $795 to $3,160 per month. The most common price point is the $1,000 range, where 97 units are currently listed.

Madison, AL Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,424 - 17
August 2026 $1,398 -$26 19
September 2026 $1,395 -$3 19
October 2026 $1,407 +$12 18

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Madison, AL

Studio
$1,409
from $795 · 8 units
1 Bed
$1,148
from $826 · 90 units
2 Bed
$1,295
from $838 · 153 units
3 Bed
$1,565
from $1,151 · 65 units
4 Bed
$2,675
from $2,675 · 1 units

Rent Prices by Apartment in Madison, AL

Property Starting at Average Units Rating
Windscape Apartment Homes $795/mo $1,152/mo 11 4.8
Somerset at Madison Apartments $826/mo $1,174/mo 23 3.8
Elements of Madison Apartments $838/mo $1,019/mo 27 4.1
Madison Landing $857/mo $1,121/mo 63 4
Limestone Creek Apartment Homes $895/mo $1,027/mo 21 4.4
The Grand Reserve at Madison Apartments $970/mo $1,305/mo 23 3.7
Ballpark Apartments @ Town Madison $986/mo $1,261/mo 8 4.4

Frequently Asked Questions About Rent in Madison, AL

What is the average rent in Madison, AL?

The average rent in Madison, AL is $1,316 per month as of October 2026, based on 317 units across 19 apartment communities.

Is rent going up or down in Madison, AL?

Rent in Madison, AL has increased $7 (0.5%) over the past month. The current average is $1,316/mo.

What is the cheapest apartment in Madison, AL?

The most affordable apartment in Madison, AL is Windscape Apartment Homes with units starting at $795/mo.

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

A 1-bedroom apartment in Madison, AL averages $1,148/mo, with prices starting at $826/mo across 90 available units.

How many apartments are available in Madison, AL?

There are 317 units available across 19 apartment communities in Madison, AL.

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

$53,000/year

Based on the 30 percent rule, using our tracked average rent of $1,316/mo.

Comfortable income

$63,000/year

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

To afford the cheapest tracked apartment ($795/mo), you need to earn at least $32,000/year.

Median household income in Madison, AL is $131,436 , about 108% 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) $1,316
Utilities $349
Groceries $511
Transportation $832
Healthcare $406
Other goods and services $650
Estimated total $4,064/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.

Explore Madison, AL Apartments

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