As of December 2024 the median rental rate in Madrid is $753 which is $72 (9%) less than the median of $825 for Boone County, $311 (29%) less than the median of $1,064 for Iowa and $844 (53%) less than the median of $1,597 for the United States.
| Median | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|
| Madrid | $753 | $607 | $718 | $934 |
| Boone County | $825 | $691 | $801 | $982 |
| Iowa | $1,064 | $834 | $1,033 | $1,326 |
| United States | $1,597 | $1,236 | $1,565 | $1,989 |
