Homes for Rent in 50156

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What to Know About

Life in Madrid & Beyond

Madrid shares many of the great qualities that make Iowa a desirable place to live.

Iowa is known as the "Hawkeye State" and America's heartland. This beautiful state is famous for its rolling hills, fertile farmland, and vibrant cities. Immerse yourself in Iowa's rich history by visiting the Herbert Hoover Presidential Library and Museum, Amana Colonies, or developing your skills at the University of Iowa and Iowa State University. Iowa also has a vibrant cultural scene, with dozens of professional theaters, art galleries, and museums spread throughout the state.

Iowa is a haven for outdoor enthusiasts, offering a variety of activities such as hiking the scenic Loess Hills, camping and fishing in its state parks and lakes, and winter sports like skiing and snowboarding. Explore famous attractions like the State Capitol Building, the Des Moines Art Center, and the historic town of Cedar Rapids. With its friendly communities, affordable living, and thriving economy, Iowa offers a high quality of life and a strong sense of community, making it an ideal place for those looking for a fulfilling lifestyle.

Discover why Iowa is a place that is sure to steal your heart and capture your imagination. Experience the best of what the Midwest offers, and you'll see why it's such a great place to live.

Rental Market Trends

Madrid, IA

As of December 2025, Madrid's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Madrid's average rent is 6.7% ($77) lower than the Iowa average of $1,144 and 39.7% ($703) lower than the U.S. average of $1,770.

Average Rent
$1,067
Monthly ChangeMonth Over Month Change
Increased1.5% ($16)
Yearly ChangeYear Over Year Change
Increased1% ($11)
Avg. Days on MarketAverage Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $746 Increased0.4% ($3) Increased0.3% ($2)
2 Beds $918 Decreased0.8% ($7) Increased4.3% ($38)
3 Beds $1,090 Decreased0.4% ($4) Increased3% ($32)
Nearby Cities Average Rent Avg. Rent vs. MadridAverage Rent vs. Madrid Avg. Days on MarketAverage Days on Market
Boone $1,023 Decreased4.1% ($44) 31 days
Polk City $1,029 Decreased3.6% ($38) 34 days
Granger $764 Decreased28.4% ($303) 74 days
Huxley $1,116 Increased4.6% ($49) 54 days
Ames $1,171 Increased9.7% ($104) 54 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Madrid Rental Market FAQs

Explore rental prices, market trends, and availability in Madrid, IA.

The average rent in Madrid, IA is $1,067 per month.
Homes in Madrid typically rent for between $600 and $1,417 per month, with an average of $1,067 per month.
In Madrid, the average rent for a 1-bedroom home is $746 per month, for a 2-bedroom home, $918 per month, and a 3-bedroom home is $1,090 per month.
The average rent in Madrid is 39.7% ($703) lower than the national average of $1,770 per month.
The average rent in Madrid has increased by 1.5% ($16) in the last month and increased by 1.0% ($11) over the past year.
The rental market in Madrid, IA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Madrid, IA, the average rental stays on the market for approximately 31 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 7 rental properties available in Madrid, IA.
Based on the current averages, a household would need an annual income of $36,720 to comfortably afford a 2-bedroom home in Madrid.
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