Homes for Rent in 37115

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What to Know About

Life in Madison & Beyond

Madison shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Madison, TN

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 18.4% ($259) lower than the Tennessee average of $1,408 and 35.3% ($626) lower than the U.S. average of $1,775.

Average Rent
$1,149
Monthly ChangeMonth Over Month Change
Decreased0.6% ($7)
Yearly ChangeYear Over Year Change
Decreased10.8% ($139)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,000 Decreased1.2% ($12) Decreased8.5% ($93)
2 Beds $1,307 Increased2.3% ($29) Decreased2.6% ($35)
3 Beds $2,153 Increased8.5% ($169) Increased2.4% ($50)
Nearby Cities Average Rent Avg. Rent vs. MadisonAverage Rent vs. Madison Avg. Days on MarketAverage Days on Market
Old Hickory $1,797 Increased56.4% ($648) 27 days
Goodlettsville $1,457 Increased26.8% ($308) 41 days
Hendersonville $1,899 Increased65.3% ($750) 31 days
Nashville $1,756 Increased52.8% ($607) 29 days
Hermitage $1,891 Increased64.6% ($742) 30 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, TN.

The average rent in Madison, TN is $1,149 per month.
Homes in Madison typically rent for between $700 and $2,799 per month, with an average of $1,149 per month.
In Madison, the average rent for a 1-bedroom home is $1,000 per month, for a 2-bedroom home, $1,307 per month, and a 3-bedroom home is $2,153 per month.
The average rent in Madison is 35.3% ($626) lower than the national average of $1,775 per month.
The average rent in Madison has decreased by 0.6% ($7) in the last month and decreased by 10.8% ($139) over the past year.
The rental market in Madison, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Madison, TN, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 34 rental properties available in Madison, TN.
Based on the current averages, a household would need an annual income of $52,280 to comfortably afford a 2-bedroom home in Madison.
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