Market Summary

Madison, Madison County, IL

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Median Home Price Price

$50,495 $50.5K

Median Monthly Rent Rent

$1,325 $1.3K

GRM

3.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Madison County

Region Price Rent GRM Display
$31,087 $980 3.0x
$121,538 $1,156 9.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Madison County

Region Price Rent GRM Display
$249,242 $1,281 16.0x
$109,040 $1,213 8.0x
$124,603 $1,040 10.0x
$145,057 $1,821 7.0x
$121,541 $1,235 8.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$181,977 $1,286 12.0x
$39,731 $1,212 3.0x
$215,969 $1,287 14.0x
$202,464 $2,880 6.0x
$208,828 $1,451 12.0x
$271,374 $1,406 16.0x
$242,014 $1,206 17.0x
$160,251 $1,105 12.0x
$349,624 $1,371 21.0x
$424,615 $1,338 27.0x
$215,415 $507 35.0x
$285,875 $1,335 18.0x
$130,251 $1,246 9.0x
$565,486 $1,417 33.0x
$242,128 $1,823 11.0x
$63,196 $1,104 5.0x
$326,494 $1,241 22.0x
$107,726 $1,009 9.0x
$138,218 $826 14.0x
$557,657 $1,303 36.0x
$152,507 $1,173 11.0x
$227,196 $1,131 17.0x
$169,943 $1,202 12.0x
$193,014 $1,343 12.0x
$232,620 $1,226 16.0x
$179,157 $1,036 14.0x
$215,541 $1,385 13.0x
$265,258 $1,286 17.0x
$76,183 $1,252 5.0x
$226,298 $1,273 15.0x
$282,584 $1,256 19.0x
$167,357 $1,667 8.0x

Home prices

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Monthly rent

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GRM

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Madison

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Trend Insights

Median Rent in Madison, IL is $1,325, with MoM change +$27 and YoY change +$110 pointing to positive momentum while volatility is low (std $26).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Madison, IL.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Madison, IL
Compare market Select a market
Delta vs base
Median rent
$1,325
N/A
Median price
$50,495
N/A
YoY change
+$110
N/A
Price-to-rent
3.2x
Data unavailable
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