Last updated
Average Rent in Madrid IA & Rent Trends
Rent prices and market trends across 2 apartment communities in Madrid IA. Updated daily.
Market Average
$1,163/mo
Lowest Available
$975/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
2
available now
Rent by Neighborhood in Madrid IA
Compare average rent across Madrid IA neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Madrid 50156 | $1,350 | $1,350 | 1 | 1 |
| Madrid 50322 | $975 | $975 | 1 | 1 |
Is Rent Going Up or Down in Madrid IA?
As of April 2026, the average rent in Madrid IA is $1,163 per month across 2 apartment communities and 2 available units.
The most affordable option is Anna's Grove by Kading starting at $975/mo. By unit type, a 3-bedroom averages $1,163/mo.
Prices range from $975 to $1,350 per month. The most common price point is the $800 range, where 1 units are currently listed.
Madrid IA Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Madrid IA
Rent Prices by Apartment in Madrid IA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Anna's Grove by Kading | $975/mo | $975/mo | 1 | 4.1 |
| Kading Robin Lane Madrid | $1,350/mo | $1,350/mo | 1 | - |
Google Search Trends for Madrid IA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Madrid IA
What is the average rent in Madrid IA?
Is rent going up or down in Madrid IA?
What is the cheapest apartment in Madrid IA?
How many apartments are available in Madrid IA?
What salary do I need to live comfortably in Madrid IA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$47,000/year
30 percent rule — using our average rent of $1,163/mo.
Comfortable income
$56,000/year
25 percent rule — leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($975/mo), you need to earn at least $39,000/year.
Median household income in Madrid IA is $86,915 — about 56% above the comfortable-living threshold.
Cost of living in Madrid IA
Overall prices in Madrid IA runs below the national average by about 7% (BEA Regional Price Parity index 92.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Madrid IA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,163 |
| Utilities | $370 |
| Groceries | $522 |
| Transportation | $882 |
| Healthcare | $430 |
| Other goods and services | $688 |
| Estimated total | $4,055/mo |
Population
2,803
Median household income
$86,915
Median age
40.1
Mean commute
26 min
Methodology
† Rent data is sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living estimates for utilities, groceries, transportation, healthcare, and other goods and services combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures (median household income, population, median age, commute time) come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Madrid IA Apartments
Browse all 2 communities with daily-updated pricing and availability.