What is the average apartment size in Madison?

The average size for a Madison, AL apartment is 1,053 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Madison?

As of Jan / 2026, the average rent in Madison is $1,347 per month, a 0.76% decrease from last years average of $1,357.

How much does rent cost by apartment size in Madison?

In Madison, studios rent for $987 per month, one-bedroom units average $1,154 per month, two-bedrooms cost around $1,389 per month, and three-bedroom apartments rent for about $1,654 per month

What is the average apartment size in Madison?

The typical apartment in Madison offers about 1,053 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Madison?

Studio apartments in Madison average 580 sq. ft., one-bedrooms offer 789 sq. ft., two-bedrooms are about 1,136 sq. ft., and three-bedroom apartments average 1,421 sq. ft.

What are the most affordable neighborhoods in Madison?

The most affordable neighborhoods in Madison include Palmer Park ($1,155/month), Westgate ($1,210/month), and Buchanan Estates - Colonial Promenade ($1,286/month), all below the citywide average of $1,347.

What are the most expensive neighborhoods in Madison?

The most expensive neighborhoods in Madison are Spencer Place ($1,479/month), Cross Creek ($1,531/month), and Downtown Madison ($1,738/month), often due to premium locations and high-end amenities.

Madison, AL Rental Market Trends

Q: What's the typical rent budget in Madison?

The typical rent budget in Madison ranges from $1,001 to $1,500 per month, with 63% of rentals in this range.

Q: Do most people rent or own in Madison?

In Madison, 25% of households rent while 75% own their homes, based on the latest U.S. Census data.

Last updated: February 19, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Madison is $1,347, a 0.76% decrease compared to the previous year, when the average rent was $1,357.

Studio Apartments at $987 offer the most budget-friendly option with 580 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 789 square feet for $1,154, balancing privacy and affordability.

Two-beedroom units at $1,389 offer 1,136 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,421 sq ft) for $1,654, suitable for larger households.

Average rent in Madison, AL

Last updated: February 19, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,347	1,053 sq. ft.
Studio	$987	580 sq. ft.
1 Bed	$1,154	789 sq. ft.
2 Beds	$1,389	1,136 sq. ft.
3 Beds	$1,654	1,421 sq. ft.

Madison, AL rent trends

Rental prices in Madison, AL have decreased by 0.76% over the past year. The average rent moved from $1,357 to $1,347.

What's the typical rent budget in Madison, AL?

The largest share of rentals in Madison, AL (63%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Madison, AL?

5,557 or 25% of the households in Madison, AL are renter-occupied while 16,411 or 75% are owner-occupied.

Most affordable neighborhoods in Madison?

Palmer Park $1,155/month

Westgate $1,210/month

Buchanan Estates - Colonial Promenade $1,286/month

All of these neighborhoods fall below the city wide average of $1,347/month.

Most expensive neighborhoods in Madison?

Spencer Place $1,479/month

Cross Creek $1,531/month

Downtown Madison $1,738/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Madison, AL By Neighborhood

Neighborhood	Average Rent
Downtown Madison	$1,738
Cross Creek	$1,531
Spencer Place	$1,479
Madison Park Apartments	$1,461
Edgewater - Mountain Brook	$1,406
Iredell - Woodmill Trace	$1,301
Buchanan Estates - Colonial Promenade	$1,286
Westgate	$1,210
Palmer Park	$1,155

Madison | Rent Comparison by Neighborhood

Rent in Buchanan Estates - Colonial Promenade is 16% lower than in Cross Creek

$1,286

Buchanan Estates - Colonial Promenade rent is 5% lower than Madison average

Average Rent $1,286

$1,531

Cross Creek rent is 14% higher than Madison average

Average Rent $1,531

How Madison Compares to Other Cities

City	Average Rent
Madison	$1,347
Birmingham	$1,362
Huntsville	$1,251
Mobile	$1,167
Bessemer	$1,004
Montgomery	$1,094
Tuscaloosa	$1,485
Hoover	$1,287
Vestavia Hills	$1,538
Auburn	$1,874
Homewood	$1,380
Arab, AL	$754
Decatur	$951
Athens	$1,241
Albertville, AL	$721
Scottsboro, AL	$953
Hartselle, AL	$653

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Madison apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.