Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Madison area can be challenging. Home prices in Madison are now at a median cost of $189,934, lower than the Pennsylvania average of $222,630.
The average cost of rent is $752/mo in Madison, primarily driven by the current value of real estate in the Madison area. While nearly 49.03% of residents own their homes outright in Madison, 17.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madison is $5,756 per month. Households that rent pay about 13.07% of their income on rent here. Madison's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Darragh, PA: equally priced homes
- Arona, PA: less expensive homes
- Yukon, PA: less expensive homes
- Herminie, PA: less expensive homes
- New Stanton, PA: equally priced homes
- Wyano, PA: less expensive homes
- Rillton, PA: less expensive homes
- Adamsburg, PA: higher priced homes
- Hunker, PA: less expensive homes
- West Newton, PA: less expensive homes
Cities with Similar Populations
- Abram, TX: less expensive homes
- Zion, MS: less expensive homes
- Yount, MO: less expensive homes
- Yerkes, KY: less expensive homes
- Yellow Lake, WI: less expensive homes
- Yeager, OK: less expensive homes
- Wurtemburg, NY: higher priced homes
- Woodwards, MS: less expensive homes
- Woodson, AR: less expensive homes
- Batavia Center, MI: less expensive homes
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