Average rent in Madison
September 2026 asking-rent percentiles by bedroom size.
The median asking rent for a 1 bedroom in Madison is $3,300 as of September 2026, based on 5 observations for that apartment size. The middle of the market extends from about $3,260 at the 30th percentile to $3,340 at the 70th percentile.
| Size | 10th | 30th | Median | 70th | 90th | Sample |
|---|---|---|---|---|---|---|
| 1 Bedroom | $3,250 | $3,260 | $3,300 | $3,340 | $3,350 | 5 |
What the rent range shows
For 1 bedroom apartments, the 10th-to-90th-percentile spread is $3,250 to $3,350, a difference of $100. That range describes current asking prices, not signed lease rents, and the sample size shown beside each row applies only to that bedroom size.
The neighborhood has 9 observations across available bedroom sizes. Only bedroom groups with at least five observations are published; smaller groups are withheld because a handful of listings can produce a misleading median.
Historical Madison rent context
This fallback uses the latest 100 valid listing observations in RentReboot's history, spanning 2026-07-30 through 2026-09-04 and covering 29 properties.
The all-bedroom historical median is $3,275. This mixes apartment sizes and is context—not a substitute for a current bedroom-specific median.
| Size | 25th | Median | 75th | Sample |
|---|---|---|---|---|
| 1 Bedroom | $2,745 | $2,875 | $3,225 | 51 |
| 2 Bedrooms | $3,375 | $3,885 | $3,937 | 46 |
The median reported days on market was 0 days across 100 usable observations. 0% of 25 observations with price-change tracking recorded a reduction.
Nearby rental markets with stronger current samples
When Madison has limited inventory, these nearby markets provide a more stable current benchmark. Distances are approximate straight-line distances between neighborhood centers.
- Homecrest — 0.3 miles away; 1 bedroom median $2,145 from 44 current observations
- Sheepshead Bay — 0.8 miles away; 1 bedroom median $2,448 from 104 current observations
- Midwood — 0.9 miles away; 1 bedroom median $2,650 from 205 current observations
How to use this data
Compare an apartment's asking rent with the percentile range for the same bedroom count. A listing below the 30th percentile is inexpensive relative to this sample; one above the 70th percentile is at the higher end. Differences in condition, concessions, exact location, amenities, and listing age can still explain a large price gap.
Use this number to check the income required under NYC's 40x rule, learn how to find rent-stabilized apartments, or decide when to start your search.
RentReboot removes current bedroom groups with fewer than 5 observations from this report. Historical figures are independently labeled and use at most the latest 100 valid observations. Read the rent-data methodology, compare the NYC market summary, or inspect recent Madison listings.