Mississippi is where the past meets the present in a harmonious blend of rich history and cultural heritage. Immerse yourself in the state's cultural riches by visiting world-class museums like the Mississippi Museum of Art and the Biloxi Lighthouse. Elevate your mind and expand your horizons at universities like Ole Miss in Oxford and Mississippi State in Starkville. Mississippi is a dynamic destination for those seeking work and leisure and boasts a prosperous economy supported by agriculture, manufacturing, and healthcare.

The state offers a range of scenic experiences, from fishing in the Gulf of Mexico to hiking in the lush DeSoto National Forest and Natchez Trace Parkway. Sports fans can experience the excitement of college sports games at universities throughout the state. In addition, take advantage of iconic attractions like the Vicksburg National Military Park, historic Biloxi, the B.B. King Museum and Delta Interpretive Center, or the historic city of Natchez.

Embrace the Magnolia State and discover why Mississippi is a southern gem that shines bright. With its deep history and welcoming spirit, Mississippi is the perfect place to call home.

Rental Market Trends

Madison, MS

As of July 2025, Madison's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Madison's average rent is 41.2% ($494) higher than the Mississippi average of $1,199 and 4.6% ($82) lower than the U.S. average of $1,775.

Average Rent

$1,693

Monthly ChangeMonth Over Month Change

3.4% ($59)

Yearly ChangeYear Over Year Change

15.9% ($320)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,406	2.5% ($36)	18.4% ($316)
2 Beds	$1,598	1.3% ($21)	20.1% ($403)
3 Beds	$2,114	2.2% ($47)	10% ($236)

Nearby Cities	Average Rent	Avg. Rent vs. MadisonAverage Rent vs. Madison	Avg. Days on MarketAverage Days on Market
Jackson	$1,211	28.5% ($482)	31 days
Pearl	$1,355	20% ($338)	32 days
Brandon	$1,507	11% ($186)	33 days
Clinton	$2,085	23.2% ($392)	32 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, MS.

What is the average rent in Madison, MS?

The average rent in Madison, MS is $1,693 per month.

What is the rental price range for homes in Madison, MS?

Homes in Madison typically rent for between $984 and $2,748 per month, with an average of $1,693 per month.

What is the average rent for different bedroom sizes in Madison, MS?

In Madison, the average rent for a 1-bedroom home is $1,406 per month, for a 2-bedroom home, $1,598 per month, and a 3-bedroom home is $2,114 per month.

How do rent prices in Madison, MS compare with the national average?

The average rent in Madison is 4.6% ($82) lower than the national average of $1,775 per month.

How have rent prices in Madison, MS changed recently?

The average rent in Madison has decreased by 3.4% ($59) in the last month and decreased by 15.9% ($320) over the past year.

How competitive is the rental market in Madison, MS?

The rental market in Madison, MS, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Madison, MS?

In Madison, MS, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Madison, MS?

There are currently 3 rental properties available in Madison, MS.

Can I afford to rent a home in Madison, MS?

Based on the current averages, a household would need an annual income of $63,920 to comfortably afford a 2-bedroom home in Madison.