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 August 2025, Madison's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Madison's average rent is 17.8% ($252) lower than the Tennessee average of $1,417 and 34.9% ($625) lower than the U.S. average of $1,790.

Average Rent

$1,165

Monthly ChangeMonth Over Month Change

1.4% ($16)

Yearly ChangeYear Over Year Change

10.6% ($138)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$999	0.1% ($1)	9.6% ($106)
2 Beds	$1,316	0.7% ($9)	1.6% ($22)
3 Beds	$2,359	9.6% ($206)	16.4% ($332)

Nearby Cities	Average Rent	Avg. Rent vs. MadisonAverage Rent vs. Madison	Avg. Days on MarketAverage Days on Market
Old Hickory	$1,844	58.3% ($679)	27 days
Goodlettsville	$1,429	22.7% ($264)	41 days
Hendersonville	$1,813	55.6% ($648)	31 days
Nashville	$1,806	55% ($641)	29 days
Hermitage	$1,742	49.5% ($577)	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.

What is the average rent in Madison, TN?

The average rent in Madison, TN is $1,165 per month.

What is the rental price range for houses in Madison, TN?

Houses in Madison typically rent for between $699 and $3,067 per month, with an average of $1,165 per month.

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

In Madison, the average rent for a 1-bedroom house is $999 per month, for a 2-bedroom house, $1,316 per month, and a 3-bedroom house is $2,359 per month.

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

The average rent in Madison is 34.9% ($625) lower than the national average of $1,790 per month.

How have rent prices in Madison, TN changed recently?

The average rent in Madison has increased by 1.4% ($16) in the last month and decreased by 10.6% ($138) over the past year.

How competitive is the rental market in Madison, TN?

The rental market in Madison, TN, 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, TN?

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.

How many rental properties are available in Madison, TN?

There are currently 34 rental properties available in Madison, TN.

Can I afford to rent a house in Madison, TN?

Based on the current averages, a household would need an annual income of $52,640 to comfortably afford a 2-bedroom house in Madison.