Apartments & Homes for Rent in Madison, TN

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What to Know About

Life in Madison & Beyond

Madison shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Madison, TN

As of April 2025, Madison's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Madison's average rent is 16.2% ($265) lower than the Tennessee average of $1,636 and 23.8% ($428) lower than the U.S. average of $1,799.

Average Rent
$1,371
Monthly ChangeMonth Over Month Change
Decreased6% ($87)
Yearly ChangeYear Over Year Change
Decreased17.6% ($293)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,052 Decreased2.8% ($30) Decreased5.7% ($63)
2 Beds $1,340 Decreased2.1% ($29) Decreased4.1% ($57)
3 Beds $1,903 Decreased1.2% ($23) Decreased13% ($285)
Nearby Cities Average Rent Avg. Rent vs. MadisonAverage Rent vs. Madison Avg. Days on MarketAverage Days on Market
Old Hickory $1,658 Increased20.9% ($287) 27 days
Goodlettsville $1,583 Increased15.5% ($212) 41 days
Hendersonville $2,265 Increased65.2% ($894) 31 days
Whites Creek $1,762 Increased28.5% ($391) 31 days
Nashville $1,736 Increased26.6% ($365) 29 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Madison Rental Market FAQs

Explore rental prices, market trends, and availability in Madison, TN.

The average rent in Madison, TN is $1,371 per month.
Homes in Madison typically rent for between $736 and $2,474 per month, with an average of $1,371 per month.
In Madison, the average rent for a 1-bedroom home is $1,052 per month, for a 2-bedroom home, $1,340 per month, and a 3-bedroom home is $1,903 per month.
The average rent in Madison is 23.8% ($428) lower than the national average of $1,799 per month.
The average rent in Madison has decreased by 6.0% ($87) in the last month and decreased by 17.6% ($293) over the past year.
The rental market in Madison, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Madison, TN, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 62 rental properties available in Madison, TN.
Based on the current averages, a household would need an annual income of $53,600 to comfortably afford a 2-bedroom home in Madison.
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