Special Interest
Housing in Madison County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Madison County averages $1,123/month for a 2‑bedroom in 2024, compared to the Tennessee median of $1,189 and the national median of $1,413. Local renters spend approximately 35% of household income on rent, above the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Madison County FMR Area are $951 for a studio, $1,052 for 1‑bedroom, $1,380 for 2‑bedroom, $1,837 for 3‑bedroom, and $1,925 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $257 increase for a 2-bedroom in Madison County shows a 23% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Madison County was 3.9% in 2024, compared to Tennessee at 3.4% and the national rate of 4.0%.
