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Madison, NE Home Values and Rents

The typical home value in Madison is $207,818, 96th highest of 118 cities and towns in Nebraska. Median rent is $971 a month.

Typical home value
$207,818
96th of 118 in NE
Median rent
$971/mo
ACS 2020-2024
Price change, 1 year
+1.8%
Sep 2026
Homeownership
73.3%
NE: 66.5%

Typical home value in Madison

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodMadison
Sep 2026$207,818
Dec 2025$207,029
Dec 2024$198,813
Dec 2023$191,175
Dec 2022$187,082
Dec 2021$170,570
Dec 2020$154,133
Dec 2019$139,889
Dec 2018$127,381
Dec 2017$120,372
Dec 2016$106,916
Dec 2015$106,298
Dec 2014$100,873
Dec 2013$93,366
Dec 2012$87,331

Over five years, Madison prices changed +23.9%.

Source: Zillow Research · Last updated 09/01/2026

Housing at a glance

American Community Survey 2020-2024 5-year estimates, compared with Nebraska

Median home value
$133,200 · NE $238,600
Median gross rent
$971/mo · NE $1,072
Home value to income
2.1 times the median household income ($62,738)
Rent to income
A year of median rent equals 19% of median household income
Owner-occupied
73.3% of 662 households
Housing units
749
Vacancy rate
11.6%
Median year built
1945

Fair Market Rents, FY2027

HUD rent standard for Madison County, NE

NE rents
Unit sizeMonthly rent
Studio$753
1 bedroom$866
2 bedrooms$1,082
3 bedrooms$1,400
4 bedrooms$1,665

Frequently asked questions

What is the typical home value in Madison, NE?
The typical home value in Madison is $207,818 (Zillow Home Value Index, Sep 2026). The Nebraska median is $238,600.
How much is rent in Madison?
The median rent in Madison is $971 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,082.
Are home prices going up in Madison?
The typical home value in Madison changed +1.8% over one year and +23.9% over five years, as of Sep 2026.
How does Madison compare with the rest of Nebraska?
Madison has the 96th highest median home value of 118 cities and towns with 1,000+ residents in Nebraska.