Madison, ME Homes for Rent

/9
$1,200 Per Month
- 1 Bed
- 1 Bath
- 800 Sq Ft
- Condo for Rent
152 Main St Unit 3, Madison, ME 04950

Property Id: 2771014 Freshly renovated 1-bedroom, 1-bathroom second-floor apartment available in downtown Madison. This bright apartment features high ceilings, oversized windows with plenty of natural light, beautiful hardwood floors, and a brand-new bathroom. Recently renovated in March 2026, it offers a clean, updated living space with plenty of character. All utilities are

152 Main St Unit 3, Madison, ME 04950
/4
$900 Per Month
- 1 Bed
- 1 Bath
- Condo for Rent
77 Main St Unit 3, Madison, ME 04950

Property Id: 1008760 Available Sept 1st. This 1 bedroom apartment is conveniently located in downtown Madison. Within walking distance to Reny's, laundromat, banks and more! Features private entrance, back deck and single parking spot. Landlord pays heat, electricity, water, sewer, trash removal and snow removal. Tenants responsible for phone and internet. Rent is $900 per month. One

77 Main St Unit 3, Madison, ME 04950
/12
$2,400 Per Month
- 3 Beds
- 1 Bath
- House for Rent
69 Laney Rd, Madison, ME 04950

Lakefront 3-Bedroom Home for Rent – Madison, ME Available September 15th Enjoy lakefront living in this recently renovated 3-bedroom, 1-bathroom home on Wesserunsett Lake. Featuring beautiful water views and a private dock, this home offers a peaceful setting while still being conveniently located near town. Property Features: 3 bedrooms, including 2 bedrooms plus a loft

69 Laney Rd, Madison, ME 04950
/7
$400 Per Month
- 1 Bed
- 1 Bath
- 300 Sq Ft
- Townhouse for Rent
327 Shusta Rd, Madison, ME 04950

WEEKLY RENTAL!!!! (207-8691-2051) Clean Quiet and safe Tiny home with loft 1 bedroom 1 full bath everything included along with Wi-Fi, Looking for a week get away or stay longer this tiny home will not disappoint laundry facility in main house beautiful country setting off street parking no rental agreements just signed house rule and security deposit required. move in today!! Please call Country

327 Shusta Rd, Madison, ME 04950

Maine Somerset County

Why Live in Madison

Along the banks of the Kennebec River, Madison is a rural community of fewer than 5,000 people. The small town sits in Maine’s Western Foothills, where residents can access year-round outdoor recreation. “If you’re really into ATVs, snowmobiling, ...

Learn more about living in Madison

Frequently Asked Questions

How much does it cost to rent a home in Madison, ME?

The median rent for a home in Madison, ME is $1,200 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.

How much do you need to make to afford rent in Madison, ME?

To comfortably afford the median rent in Madison, ME, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Madison, ME, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Madison, ME?

In Madison, ME, the price-to-rent ratio is 17.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Madison, ME

There are currently 4 homes available for rent in Madison, ME. The median rent is $1,200 per month, with single-family homes renting at $2,400 and condos at $1,050.

Rental Home Trends

Number of Homes for Rent 4	Median Rent $1,200
Median Single Family Home Rent $2,400	Median Condo Rent $1,050

How to Rent a Home

Rentals in Madison

Homes for Rent by Bedrooms in Madison

More About Living in Madison

Homes for Rent in Nearby Cities

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage