Rental market snapshot for Madison, Ohio

Madison, Ohio Rental Property Market Overview

Madison, Ohio is a small city located in Lake County, Ohio. According to the US Census, the population of Madison was 3,420 as of 2021. Madison is a small city with a rich history, and it is home to many historic buildings and sites. The city is known for its beautiful parks and trails, as well as its vibrant downtown area. Madison is a great place to live, work, and play, and it offers a variety of activities and attractions for visitors and residents alike.

The average rent for an apartment in Madison is $1,241. 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 October 27, 2023

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Average monthly rent graph in Madison Ohio | Cost of Living

  • The most expensive ZIP code in Madison is 44057 with an average price of $1,185.
  • The cheapest ZIP code in Madison is 44057 with an average price of $1,185.

Madison ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
144057$1,185

Live near Madison, Ohio's Top Sights and Attractions

The Madison Historical Society and Museum is a unique attraction located in Madison, Ohio. It is a great place to learn about the history of the area, as it houses a variety of artifacts, documents, and photographs from the past. Visitors can explore the museum's exhibits, which include a variety of items from the early days of the city, such as furniture, tools, and clothing. The museum also features a research library, which contains books, newspapers, and other resources related to the history of Madison. Additionally, the museum offers educational programs and special events throughout the year.

Madison Seminary is a historic building located in Madison, Ohio. It was built in 1847 as a private school for girls and is now a museum. The building is a two-story brick structure with a gabled roof and a cupola. Inside, visitors can explore the original classrooms, chapel, and library, as well as a variety of artifacts from the school's history. The museum also features a variety of educational programs and events, including lectures, workshops, and tours.

DanaS Park is a family-friendly outdoor attraction located in Madison, Ohio. It features a variety of activities for all ages, including a large playground, a walking trail, a fishing pond, and a picnic area. The park also has a basketball court, a sand volleyball court, and a disc golf course. The park is surrounded by lush trees and offers stunning views of the surrounding countryside.

Madison, Ohio area median rent change by ZIP code map

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How does Madison compare to other cities in Ohio?

citymedian price
Johnstown$2,400
Morrow$2,195
Delaware$2,145
Medina$2,050
Batavia$1,835
Springboro$1,745
Columbus$1,590
Elyria$950
Lorain$875
Toronto$665

Average household income in Madison area graph - US Census

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The median household income in Madison in 2021 was $77,000. This represents a 37.1% change from 2011 when the median was $56,181.

#categorypercent
0Less than $10,0001.4%
1$10,000 to $14,9995.5%
2$15,000 to $19,9991.7%
3$20,000 to $24,9995.1%
4$25,000 to $29,9991.0%
5$30,000 to $34,9993.9%
6$35,000 to $39,9993.1%
7$40,000 to $44,9995.9%
8$45,000 to $49,9992.6%
9$50,000 to $59,9998.8%
10$60,000 to $74,99913.9%
11$75,000 to $99,99917.7%
12$100,000 to $124,99917.4%
13$125,000 to $149,9994.6%
14$150,000 to $199,9993.7%
15$200,000 or more3.7%

Neighborhoods in Madison

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

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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 September, the average rent in Madison is $1,241.
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