Rental market snapshot for Madison, Alabama

Madison, Alabama Rental Property Market Overview

Madison, Alabama is a vibrant city located in the northern part of the state. According to the US Census, the population of Madison was 58,357 in 2021. The city is home to many businesses, restaurants, and attractions, making it a great place to live and work. Madison is also known for its excellent schools and parks, making it a great place for families to settle down.

The average rent for an apartment in Madison is $1,737. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Madison Alabama | Cost of Living

  • The most expensive ZIP code in Madison is 35756 with an average price of $1,702.
  • The cheapest ZIP code in Madison is 35758 with an average price of $1,643.

Madison ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
135756$1,702
235758$1,643

Live near Madison, Alabama's Top Sights and Attractions

Dublin Park is a beautiful outdoor recreation area located in Madison, Alabama. It features a large lake with a fishing pier, walking trails, picnic areas, and a playground. There are also several sports fields, including baseball, softball, and soccer fields. The park also has a pavilion and a gazebo, perfect for hosting events or just enjoying a peaceful afternoon. The park is surrounded by lush trees and greenery, making it a great place to relax and take in the natural beauty of the area.

Palmer Park is a large outdoor recreational area located in Madison, Alabama. It features a variety of amenities, including a playground, walking trails, picnic areas, a lake, and a disc golf course. The park also has a large open field, perfect for sports and other activities. There are also several pavilions and shelters available for rent. The park is well-maintained and offers a great place for families to spend time outdoors.

Edgewater Park is a beautiful outdoor spot located on the banks of the Tennessee River. It features a large grassy area, perfect for picnics and outdoor activities, as well as a boat launch and fishing pier. There are also several walking trails, a playground, and a pavilion with picnic tables. The park is a great place to relax and enjoy the scenery, with stunning views of the river and the surrounding hills.

Phillips Park is a large outdoor recreational area located in Madison, Alabama. It features a variety of activities, such as a playground, walking trails, a fishing pond, picnic areas, and a disc golf course. The park also has a large pavilion, which is available for rent for special events. The park is well-maintained and offers a peaceful and tranquil atmosphere for visitors to enjoy.

Bradford Creek Greenway is a scenic walking and biking trail located in Madison, Alabama. The trail is a 4.5 mile loop that winds through the woods and along the banks of Bradford Creek. Along the way, visitors can enjoy views of the creek, wildlife, and wildflowers. The trail is also home to a variety of birds, including woodpeckers, owls, and warblers. The trail is open year-round and is a great place to get some exercise and enjoy the outdoors.

Leathertree Park is a beautiful outdoor recreational area located in Madison, Alabama. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of other amenities. The park is a great place to spend the day with family and friends, offering plenty of activities to keep everyone entertained. The lake is stocked with fish, making it a great spot for fishing, and the trails are perfect for a leisurely stroll or a more challenging hike. The picnic areas provide a great spot for a picnic lunch, and the playgrounds are perfect for the kids. Leathertree Park is a great place to relax and enjoy nature.

Madison Main Street is a vibrant and historic downtown area located in the heart of Madison, Alabama. It is home to a variety of unique shops, restaurants, and businesses, as well as a variety of cultural events and activities. The area is lined with beautiful old buildings, many of which have been restored to their original charm. Visitors can explore the area on foot, or take a leisurely stroll down the street to take in the sights and sounds of the area. Madison Main Street is a great place to explore, shop, and dine, and is a must-see for anyone visiting the area.

Mill Creek Greenway Park is a scenic outdoor destination located in Madison, Alabama. It features a variety of trails for walking, biking, and running, as well as a playground and picnic areas. The park is home to a variety of wildlife, including birds, deer, and other animals. The park also has a lake with a fishing pier and a boat launch. The park is a great place to enjoy nature and get some exercise.

Home Place Park is a beautiful outdoor space located in Madison, Alabama. It features a large pond, walking trails, picnic areas, and a playground. There are also plenty of benches and tables for visitors to relax and enjoy the scenery. The park is a great place to take a stroll, have a picnic, or just relax and enjoy the fresh air. It is a great spot for families to spend time together and for visitors to get a taste of the local culture.

Clay House Museum is a historic house museum located in Madison, Alabama. It is a two-story Greek Revival style house that was built in 1853. The house is filled with period antiques and artifacts from the 19th century. Visitors can explore the house and learn about the history of the area. The museum also offers educational programs and events throughout the year.

Madison, Alabama area median rent change by ZIP code map

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How does Madison compare to other cities in Alabama?

citymedian price
Florence$1,799
Wetumpka$1,750
Ardmore$1,630
New Market$1,600
Owens Cross Roads$1,595
Lake View$1,565
Daphne$1,500
Montgomery$1,400

Average household income in Madison area graph - US Census

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The median household income in Madison in 2021 was $105,335. This represents a 14.3% change from 2011 when the median was $92,136.

#categorypercent
0Less than $10,0003.0%
1$10,000 to $14,9991.7%
2$15,000 to $19,9992.0%
3$20,000 to $24,9992.1%
4$25,000 to $29,9991.5%
5$30,000 to $34,9992.1%
6$35,000 to $39,9993.6%
7$40,000 to $44,9993.8%
8$45,000 to $49,9996.2%
9$50,000 to $59,9996.7%
10$60,000 to $74,9996.6%
11$75,000 to $99,99912.4%
12$100,000 to $124,99912.7%
13$125,000 to $149,9998.4%
14$150,000 to $199,99915.3%
15$200,000 or more11.9%

Neighborhoods in Madison

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Madison is $1,737.
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