Housing & Real Estate — Madison, Indiana

Overview

Total Housing Units5,661
Occupied4,979
Vacant682
Owner-Occupied2,905
Renter-Occupied2,074
Median Home Value (Census)$203,100
Estimated 2026~$247,000
Median Rent$827/mo
Median Property Tax$1,343/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income16.2%
Severely Rent-Burdened28.0%

Housing Age

Built 2010 or later179
Built 2000-2009377
Built 1990-1999367
Built before 19602,630
Median Year Built1963
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.