Rental market snapshot for Madison, Mississippi

Madison, Mississippi Rental Property Market Overview

Madison, Mississippi is a small city located in the central part of the state. According to the US Census, the population of Madison was 27,719 as of 2021. Madison is known for its small-town charm and friendly atmosphere. It is home to many local businesses, restaurants, and parks. Madison is a great place to live and work, offering a variety of amenities and activities for residents to enjoy.

The average rent for an apartment in Madison is $1,791. 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

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Average monthly rent graph in Madison Mississippi | Cost of Living

  • The most expensive ZIP code in Madison is 39110 with an average price of $1,941.
  • The cheapest ZIP code in Madison is 39110 with an average price of $1,941.

Madison ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
139110$1,941

Live near Madison, Mississippi's Top Sights and Attractions

Strawberry Patch Park is a beautiful outdoor attraction located in Madison, Mississippi. It features a large lake, walking trails, and a playground for children. Visitors can also enjoy a picnic area, a gazebo, and a fishing pier. The park is also home to a variety of wildlife, including ducks, geese, and other birds. The park is a great place to spend a day outdoors, enjoying the peaceful atmosphere and the natural beauty of the area.

Liberty Park is a large outdoor park located in Madison, Mississippi. It features a large lake with a walking trail around it, a playground, picnic areas, and a pavilion. There are also several sports fields, including baseball, softball, and soccer, as well as a disc golf course. The park also has a large open area for events, such as concerts and festivals.

Reunion Park is a large outdoor park located in Madison, Mississippi. It features a variety of activities and attractions, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park also has a large pavilion, which is used for events such as weddings and concerts. The park is a popular spot for locals and visitors alike, and is a great place to spend the day with family and friends.

Madison, Mississippi area median rent change by ZIP code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Madison compare to other cities in Mississippi?

citymedian price
Madison$1,950
Saltillo$1,899
Flowood$1,865
Olive Branch$1,855
Ocean Springs$1,800
Horn Lake$1,655
Richland$1,450
Gautier$1,199
Meridian$905

Average household income in Madison area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Madison in 2021 was $119,662. This represents a 23.6% change from 2011 when the median was $96,780.

#categorypercent
0Less than $10,0001.7%
1$10,000 to $14,9990.7%
2$15,000 to $19,9991.6%
3$20,000 to $24,9990.9%
4$25,000 to $29,9991.8%
5$30,000 to $34,9991.5%
6$35,000 to $39,9992.7%
7$40,000 to $44,9991.7%
8$45,000 to $49,9992.2%
9$50,000 to $59,9994.7%
10$60,000 to $74,9998.5%
11$75,000 to $99,99912.1%
12$100,000 to $124,99912.7%
13$125,000 to $149,9999.8%
14$150,000 to $199,99914.4%
15$200,000 or more23.1%

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 $1,791.
Made withDataherald