In Madison, 61% of the residents are renting compared to 39% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Madison's rentals, 65% are small-scale complexes with under 50 units, and 25% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Madison are about 0 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 0 stories. About none of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Studio apartments in Madison are around 0% of rentals, while 1-bedroom floor plans represent 0% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 0% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Madison is a small town in northern Florida that’s on the border of Georgia. Its proximity to Valdosta (26 miles away) makes it an ideal place for renters to live and commute to that city’s downtown area. The next-closest large city is Tallahassee, which is an hour west by car along Interstate 10 West. The type of climate in Madison is humid subtropical with mostly sunny days that are warm year-round. This is a densely suburban area with many renters being retirees in this quiet part of Florida. There are a few nice parks in Madison, including Four Freedoms Park; Dr. William B. Clark Memorial Gardens; and Lake Frances, which has a small lake that renters can boat and fish on, as well as walking trails and picnic areas. Renters in search of a quaint and small-town lifestyle will find just that in Madison.
Renting in Madison puts you in good company as about half of the population rents here. As such, there are a few nice apartment complexes around the town, which is about three square miles in size. Most of the rental apartments are ranch-style with one or two bedrooms. Greenery and scenery are all around town. This is especially notable in the oak trees sprinkled throughout the area that have Spanish moss hanging from them, making it a pretty place for renters to live. Renters can also enjoy the small, historic downtown area with the Madison County Courthouse, as well as some popular local hangouts, like bars and cafes. Renters can also easily walk to some amenities, including convenience stores, grocery stores and small shops.
Madison Square and Desoto Crossing are the main shopping plazas in town near rental apartments. There’s also a Bealls for clothing, a Winn-Dixie for groceries and a Family Dollar in other parts of town. All of the main stores and shops are located off of U.S. 90. Some fun, independent stores where renters can shop for gifts and clothing include Daisy and Dukes; Southern Grace Gifts; and Madison Antiques Market and Interiors, which has vintage goods and specialty items that you can’t find anywhere else.
Renters in need of public transportation in Madison use the Madison Shuttle, which has a bus route operated by Big Bend Transit. It only operates Monday, Wednesday, and Friday from 7:30 a.m. to 2:30 p.m., with stops at various key locations around Madison near rental apartments. Despite its limited schedule, it’s still nice that such a small town has this transportation service as a perk of renting there. For air travel, renters can fly out of the Tallahassee International Airport, which is an hour away. Otherwise, a smaller, regional airport is located near the small city of Live Oak. The Suwannee County Airport is also half an hour away and does have some domestic commercial flights that fly to other big cities in Florida.
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