Rent in Madison, NY
A 2-bedroom in Madison, NY (ZIP 13402) typically rents for about $1,493 a month, with a range of $1,493. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Madison County. Owner-occupied homes in Madison County pay about 2.26% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,050 | $1,050 | 1 |
| 1 bed | $1,196 | $1,196 | 1 |
| 2 beds | $1,493 | $1,493 | 1 |
| 3 beds | $1,808 | $1,808 | 1 |
| 4 beds | $1,962 | $1,962 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: 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, NY?
- About $1,493 a month: the median of the typical rents in 1 ZIP code, which range from $1,493. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Madison, NY?
- About $1,196 a month: the median of the typical rents in 1 ZIP code, which range from $1,196. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Madison, NY?
- About $1,808 a month: the median of the typical rents in 1 ZIP code, which range from $1,808. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Madison, NY?
- About $1,050 a month: the median of the typical rents in 1 ZIP code, which range from $1,050. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Madison, NY?
- About $1,962 a month: the median of the typical rents in 1 ZIP code, which range from $1,962. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Madison, NY?
- Owner-occupied homes in Madison County pay a typical 2.26% 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 7.32% in the week of Oct 22, 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 county Fair Market Rents (Oct 1, 2026).