Home prices
The median home cost in Madison is $61,300. In comparison to other places in this area this is about $38,460 (38%) lower.Compared to the rest of the country it is about $156,200 (71%) lower, and compared to the city of Tallahassee is roughly $142,500 (69%) lower.
Rents
The median monthly rent in Madison is $658. Compared to nearby areas it is roughly $36 (5%) lower.It is roughly $404 (38%) lower in comparison to the country as a whole, and it is roughly $365 (35%) lower compared to the city of Tallahassee.
Nearby places
Lee
Lee is about 7 miles southeast from Madison. The housing prices there are a little more expensive. The median home cost in Lee is $90,000, which comes out to $28,700 (31%) higher than Madison. Its rents are fairly similar. In Lee the median monthly rent is $655, which is very similar to Madison.
Greenville
Greenville is roughly 11 miles west of Madison. The housing prices there are a little less expensive. The cost of the median home in Greenville is $47,900, which is $13,400 (27%) lower than Madison. Rent there is similar. The median monthly rent in Greenville is $676, which is $18 (2%) higher than Madison.
Jennings
Jennings is about 18 miles northeast of Madison. Its real estate prices are somewhat less expensive. The median home in Jennings costs $55,700, which comes out to $5,600 (10%) lower than Madison. The rent there is a bit less expensive. In Jennings the median monthly rent is $556, which works out to $102 (18%) lower than Madison.
Lake Park
Lake Park is about 20 miles northeast from Madison. Its real estate prices are significantly more expensive. The median home in Lake Park is valued at $180,500, which is $119,200 (66%) higher than Madison. The rent there is a little more expensive. Lake Park's median rent is $804 per month, which is $146 (18%) higher than Madison.
Dasher
Dasher is approximately 23 miles northeast from Madison. Its real estate prices are significantly more expensive. Dasher's median home cost is $124,700, which works out to $63,400 (50%) higher than Madison. Rent there is a bit more expensive. Dasher's median monthly rent is $781, which comes out to $123 (15%) higher than Madison.
