Madison, NJ Houses for Rent

/18
$6,800 Per Month
- 4 Beds
- 3 Baths
- House for Rent
49 Park Ave Unit 2, Madison, NJ 07940

Stunning historic Puddingstone Victorian in charming Madison, NJ! Experience the perfect blend of modern luxury and old world charm in this beautifully restored property, completely reimagined with all new flooring, mechanicals, central air, custom built-ins, and top-quality finishes throughout. This beloved landmark features carved woodwork, custom arched front doors, copper accents, and

Curtis Wright

The Agency One Rock-Montclair

49 Park Ave Unit 2, Madison, NJ 07940
Explore Madison
/24
$5,500 Per Month
- 3 Beds
- 2 Baths
- House for Rent
49 Park Ave Unit 1, Madison, NJ 07940

Stunning historic Puddingstone Victorian in charming Madison, NJ! Experience the perfect blend of modern luxury and old world charm in this beautifully restored property, completely reimagined with all new flooring, mechanicals, central air, custom built-ins, and top-quality finishes throughout. This beloved landmark features carved woodwork, custom arched front doors, copper accents, and

Curtis Wright

THE AGENCY ONE ROCK

49 Park Ave Unit 1, Madison, NJ 07940
/25
$5,500 Per Month
- 3 Beds
- 2 Baths
- House for Rent
49 Park Ave Unit 1, Madison, NJ 07940

Stunning historic Puddingstone Victorian in charming Madison, NJ! Experience the perfect blend of modern luxury and old world charm in this beautifully restored property, completely reimagined with all new flooring, mechanicals, central air, custom built-ins, and top-quality finishes throughout. This beloved landmark features carved woodwork, custom arched front doors, copper accents, and

Curtis Wright

The Agency One Rock-Montclair

49 Park Ave Unit 1, Madison, NJ 07940
/13
$8,500 Per Month
- 4 Beds
- 4.5 Baths
- House for Rent
24 Lathrop Ave, Madison, NJ 07940

Welcome to 24 Lathrop Avenue, a newer-construction rental ideally located in one of Madison?s most sought-after neighborhoods. Just moments from downtown Madison and within close proximity to NJ Transit, this home offers convenient access to shopping, dining, schools, and direct service to New York City. The home features spacious living areas, a finished basement, and finished attic, providing

Emily Lafrinere COMPASS NEW JERSEY, LLC

24 Lathrop Ave, Madison, NJ 07940
/2
$5,000 Per Month
- 4 Beds
- 2 Baths
- House for Rent
37 Kensington Rd, Madison, NJ 07940

Newly updated four bedroom, two bath home in desirable Madison, set on a quiet tree-lined street. This bright and sunny home features a beautifully renovated kitchen and updated baths, a large living room, with an abundance of light and an easy, comfortable layout. The second-floor laundry adds everyday convenience, while the attached one car garage and level backyard with patio enhance the

37 Kensington Rd, Madison, NJ 07940
/2
$5,250 Per Month
- 4 Beds
- 2.5 Baths
- House for Rent
10 Avon Dr, Madison, NJ 07940

Spacious updated home w/gourmet kitchen, DR, LR, Master BR Suite, playroom, office, mudroom, deck, large fenced in level yard. All this in a quiet neighborhood close to town and train. This home has a lot to offer and is in excellent condition. One year minimum, longer lease term preferred. Plenty of parking in driveway. NO PETS. Landscaping services included in monthly rent. Tenant responsible

Tracey Franco COLDWELL BANKER REALTY

10 Avon Dr, Madison, NJ 07940
/15
$5,000 Per Month
- 4 Beds
- 2.5 Baths
- House for Rent
13 Wayne Blvd, Madison, NJ 07940

Freshly painted 4 bedroom 2 1/2 bath home on a quiet street. Close to town, shopping and NYC trains. The first floor has a kitchen, dining room open to living room and one bedroom and a newly renovated full bath. Upstairs their are 3 generous sized bedrooms and a full bathroom. The large finished basement has a large rec room, half bath, laundry room and storage room. Outside, the private fenced

DAVID CHIAROLANZIO HOWARD HANNA RAND REALTY

13 Wayne Blvd, Madison, NJ 07940

New Jersey Morris County Madison

Frequently Asked Questions

How much does it cost to rent a single-family home in Madison, NJ?

The median rent for a single-family home in Madison, NJ is $5,350 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

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

To comfortably afford the median rent in Madison, NJ, a household needs to earn roughly $205,000 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 $5,125 per month in Madison, NJ, renters typically need to show $15,375 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, NJ?

In Madison, NJ, the price-to-rent ratio is 21.9, 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 Home Trends in Madison, NJ

There are currently 8 single-family homes available for rent in Madison, NJ. The median rent is $5,350 per month, with 3-bedroom houses renting at $5,500 and 4-bedroom houses at $5,250.

Rental Home Trends

Number of Houses for Rent 8	Median Single Family Home Rent $5,350
Median 3 Bedroom Single Family Home Rent $5,500	Median 4 Bedroom Single Family Home Rent $5,250

How to Rent a Home

Rentals in Madison

Houses for Rent by Bedrooms in Madison

More About Living in Madison

Houses by Amenity in Madison

Houses for Rent in Nearby Neighborhoods

Weequahic Houses for Rent

Houses for Rent in Nearby Cities

Houses for Rent in Nearby Counties

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.

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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