Budget Leases

Apartments for Rent in Madison, MI

Rents in Madison, MI start at $1,010/mo on Budget Leases, and the average across the 22 listings we track runs $1,509/mo. That runs about 10% above the MI state average of $1,376/mo, toward the pricier end of the state. By size, expect one-bedrooms around $1,326/mo and two-bedrooms around $1,671/mo. Listings are ranked cheapest-first and updated regularly.

Updated Jun 9, 2026

Cheapest
$1,010
lowest listed rent
Average rent
$1,50910% above MI
across all sizes
Average by sizevs MI typical
Studio$1,09510% below MI
1 bed$1,3264% above MI
2 bed$1,6715% above MI
3 bed$1,29539% below MI

22 rentals in Madison, MI

Every size & style, ranked by price

2-bedroom apartment at 5718 Balsam Rd in Madison, MI
Great deal
Apartment · Madison
$1,150/mo
Not yet rated
2 bd|1 ba|900 ft²

5718 Balsam Rd

5718 Balsam Rd, Madison

Recently listedView details
2-bedroom apartment at 6732 Jacobs Way in Madison, MI
Great deal
Apartment · Madison
$1,300/mo
Not yet rated
2 bd|2 ba|1,100 ft²

6732 Jacobs Way

6732 Jacobs Way, Madison

Recently listedView details
1-bedroom apartment at 705 Orton Ct in Madison, MI
Apartment · Madison
$1,395/mo
Rating coming soon
1 bd|1 ba|620 ft²

705 Orton Ct

705 Orton Ct, Madison

Recently listedView details
2-bedroom apartment at 901 Spaight St in Madison, MI
Apartment · Madison
$2,995/mo
Rating coming soon
2 bd|2 ba|1,500 ft²

901 Spaight St

901 Spaight St, Madison

Recently listedView details

Renting in Madison, MI: common questions

How much is rent in Madison, MI?
The average asking rent across the 22 listings we track in Madison, MI is $1,509/mo, with the cheapest starting at $1,010/mo. Prices change often, so confirm current rates on each listing.
What is the cheapest apartment for rent in Madison?
1906 E Mifflin St is the lowest-priced rental we're tracking in Madison, MI at $1,010/mo. We rank every listing cheapest-first so the best-value options are always at the top.
What is the average rent by bedroom in Madison?
Based on the listings we track in Madison, MI: studios around $1,095/mo, one-bedrooms around $1,326/mo, two-bedrooms around $1,671/mo, three-bedrooms around $1,295/mo. These are averages and shift with availability.
Is Madison expensive to rent in?
Madison sits toward the higher end: its average rent of $1,509/mo is about 10% above the MI state average of $1,376/mo.

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Nearby cities
Madison, WIFitchburg, WIMcFarland, WIMiddleton, WIFitchburg, MIDeforest, WICottage Grove, WISun Prairie, WI
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