Madison, AL housing market
Typical home value
$376K
▲ 0.9% 1 yr
Typical rent
$1,411/mo
▲ 2.2% 1 yr
Gross rent yield
4.5%
U.S. 6.3%
5-year home value change
+14%
U.S. +20%
Key takeaways
- 1The typical home in Madison is worth $376,486, up 0.9% over the past year and up 14% over five years.
- 2Typical rent is $1,411 a month (+2.2% YoY), a gross rent yield of 4.5% (below the Huntsville, AL metro's 5.3%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,069/mo, $658 more than typical rent.
- 4Zillow forecasts the Huntsville, AL metro's home values to change +2.1% over the next 12 months.
Market temperature (Huntsville, AL metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 32/100, #411 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Madison compares
| Measure | Madison | Huntsville, AL metro | United States |
|---|---|---|---|
| Typical home value | $376,486 | $313,528 | $366,157 |
| Home value, 1-yr change | +0.9% | +1.1% | +1.2% |
| Typical rent | $1,411 | $1,387 | $1,932 |
| Rent, 1-yr change | +2.2% | +2.7% | +2.7% |
| Gross rent yield | 4.5% | 5.3% | 6.3% |
| Price-to-rent ratio | 22.2 | 18.8 | 15.8 |
| Mortgage P&I, typical home | $2,069 | $1,723 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Madison rental, pre-filled.
Rent vs buy in Madison
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $376K home.
Other cities in the Huntsville, AL metro
Huntsville, AL
$287K home$1,335 rent
▲ 1.4% 1 yr
Athens, AL
$308K home$1,475 rent
▲ 0.9% 1 yr
Owens Cross Roads, AL
$436K home$1,676 rent
▲ 2.1% 1 yr
Meridianville, AL
$335K home$1,744 rent
▼ 0.6% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.