Rent in Madison, MS
Across Madison's 2 ZIP codes, a 2-bedroom typically rents for about $1,496 a month, with figures from $1,289–$1,930. The highest typical rent is in 39110 ($1,662) and the lowest in 39130 ($1,330). Owner-occupied homes in Madison County pay about 0.68% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,390 | $1,099–$1,650 | 2 |
| 1 bed | $1,395 | $1,105–$1,650 | 2 |
| 2 beds | $1,496 | $1,289–$1,930 | 2 |
| 3 beds | $1,836 | $1,536–$2,300 | 2 |
| 4 beds | $2,077 | $1,694–$2,540 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Madison ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Madison, MS?
- About $1,496 a month: the median of the typical rents in 2 ZIP codes, which range from $1,289–$1,930. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Madison, MS?
- About $1,395 a month: the median of the typical rents in 2 ZIP codes, which range from $1,105–$1,650. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Madison, MS?
- About $1,836 a month: the median of the typical rents in 2 ZIP codes, which range from $1,536–$2,300. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Madison, MS?
- About $1,390 a month: the median of the typical rents in 2 ZIP codes, which range from $1,099–$1,650. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Madison, MS?
- About $2,077 a month: the median of the typical rents in 2 ZIP codes, which range from $1,694–$2,540. Figures are gross rent (rent plus tenant-paid utilities).
- Which Madison ZIP code has the highest rent?
- For a 2-bedroom, 39110 has the highest typical rent at $1,662 a month, and 39130 the lowest at $1,330.
- What is the property tax rate in Madison, MS?
- Owner-occupied homes in Madison County pay a typical 0.68% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Madison rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).