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  12. Building Photo - 49 Park Ave
    4 BEDS, 3 BATHS
    $6,800
    Total Monthly Price Total Monthly Price New
    Base Rent$6,800
    Required Monthly FeesNone
    Total Monthly Price$6,800

    49 Park Ave

    49 Park Ave, Madison, NJ 07940
  13. Building Photo - 49 Park Ave
    3 BEDS, 2 BATHS
    $5,500
    Total Monthly Price Total Monthly Price New
    Base Rent$5,500
    Required Monthly FeesNone
    Total Monthly Price$5,500

    49 Park Ave

    49 Park Ave, Madison, NJ 07940
  15. Building Photo - 21 Central Ave
    2 BEDS, 2 BATHS
    $3,350
    Total Monthly Price Total Monthly Price New
    Base Rent$3,350
    Required Monthly FeesNone
    Total Monthly Price$3,350

    21 Central Ave Unit 4 A

    21 Central Ave, Madison, NJ 07940
  16. Building Photo - 17 Greenwood Ave
    1 BED, 1 BATH
    $2,650
    Total Monthly Price Total Monthly Price New
    Base Rent$2,650
    Required Monthly FeesNone
    Total Monthly Price$2,650

    17 Greenwood Ave Unit Apt 207

    17 Greenwood Ave, Madison, NJ 07940
  18. Building Photo - 25 Alma Ave
    1 BED, 1 BATH
    $3,100

    25 Alma Ave

    25 Alma Ave, Madison, NJ 07940
  19. 4 BEDS, 4.5 BATHS
    $8,000

    8 Morgan Ct

    8 Morgan Ct, Morristown, NJ 07960
  22. Building Photo - 8 Morgan Ct
    4 BEDS, 5 BATHS
    $8,000

    8 Morgan Ct

    8 Morgan Ct, Morristown, NJ 07960
  24. 2 BEDS
    $4,950+
    3 BEDS
    $6,950+

    The Lincoln

    14 Lincoln Pl, Madison, NJ 07940

Madison at a Glance

Average Rent

$2,668
(All bedrooms and property types)
Learn more about
Average Rent in Madison
7

School Rating

out of 10 Rating
Learn more about
Schools in Madison

Madison, NJ Apartments for Rent

Madison, New Jersey, combines historic architecture with contemporary living in this Morris County borough. The community earned its "Rose City" nickname from its 19th-century rose growing industry, a heritage still celebrated today. At its center stands the historic Madison train station, one of America's oldest commuter railroad stations. Apartments in Madison offer convenient access to New York City via NJ Transit's Morris & Essex Lines, with Manhattan just 25 miles away.

Current rental data shows one-bedroom apartments averaging $2,465 monthly. The borough features tree-lined streets and well-maintained neighborhoods near the downtown area. Madison hosts two higher education institutions: Drew University and Fairleigh Dickinson University. The walkable downtown district features independent shops and restaurants, while cultural destinations include the Shakespeare Theatre of New Jersey and the Museum of Early Trades and Crafts. The community's preserved historic buildings, educational resources, and direct train access to Manhattan make Madison a notable Morris County destination.

Renting in Madison

Average Rental Rates and Apartment Sizes

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

GreatSchools Rating
Madison High School

Public High School

Public
Grades 9-12
761 Students
GreatSchools Rating
Madison Junior Middle School

Public Middle School

Public
Grades 6-8
579 Students
GreatSchools Rating
Kings Road School

Public Elementary School

Public
Grades K-5
275 Students
GreatSchools Rating
Torey J. Sabatini Elementary School

Public Elementary School

Public
Grades K-5
281 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Frequently asked questions about renting in Madison, NJ

What are the average rent costs in Madison, NJ?

The average rent in Madison, NJ is $2,668.

What are the average rent costs of a studio apartment in Madison, NJ?

The average rent for a studio apartment in Madison, NJ is $2,291.

What are the average rent costs of a one bedroom apartment in Madison, NJ?

The average rent for a 1 bedroom apartment in Madison, NJ is $2,668.

What are the average rent costs of a two bedroom apartment in Madison, NJ?

The average rent for a 2 bedroom apartment in Madison, NJ is $3,489.

What are the average rent costs of a three bedroom apartment in Madison, NJ?

The average rent for a 3 bedroom apartment in Madison, NJ is $4,238.

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