Madison shares many of the great qualities that make Maine a desirable place to live.
Maine, known as the "Pine Tree State," is renowned for its breathtaking natural scenery, rocky coastline, and diverse outdoor activities. Immerse yourself in Maine's rich history and traditions by visiting institutions such as the Maine State Museum and the Penobscot Bay History Center or benefiting from prestigious universities like the University of Maine, Bowdoin College, and Colby College. In addition, a thriving fishing industry, robust tourism sector, and abundant natural resources sustain Maine's economy, providing residents with a wide range of employment opportunities.
Experience the best of what Maine has to offer by visiting iconic attractions such as the flagship L.L. Bean store, the Maine Lobster Festival, the historic Maine Maritime Museum, and the charming city of Portland. In addition, enjoy a multitude of outdoor options, from exploring the majestic Acadia National Park and the Allagash Wilderness Waterway to sailing the crystal-clear waters of the Gulf of Maine.
Its thriving economy, excellent recreational offerings, and unique coastal experience make Maine a great place to live, and the state's friendly and welcoming atmosphere will make you feel right at home.
As of October 2026, Madison's rental market is stable, with rentals spending about 31 days on the market, about the same as in Maine (31), and rents down 3.2% over the past year. Madison's average rent is 22.4% ($428) lower than the Maine average of $1,910 and 28.8% ($600) lower than the U.S. average of $2,082.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,305 | 0.20% ($3) | 1.0% ($12) |
| 2 Beds | $1,436 | 0.64% ($9) | 6.9% ($107) |
| 3 Beds | $1,693 | 0.19% ($3) | 4.0% ($70) |
| Nearby Cities | Average Rent | Avg. Rent vs. MadisonAverage Rent vs. Madison | Days on Market |
|---|---|---|---|
| Skowhegan | $1,283 | 13.4% ($199) | 33 days |
| Fairfield | $1,230 | 17.0% ($252) | 31 days |
| Canaan | $1,283 | 13.4% ($199) | 32 days |
| Pittsfield | $1,358 | 8.4% ($124) | 40 days |
| Oakland | $1,367 | 7.8% ($115) | 31 days |
Explore rental prices, market conditions, and affordability in Madison, ME.
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