Housing in Madison at a glance
- Population
- about 47,964
- Housing units
- about 24,648
- Median value, owner-occupied homes
- $309,000Nashville: $413,600 (-25%)
- Median gross rent
- $1,340 a monthNashville: $1,586 (-16%)
- Owner-occupied homes
- 43.9%Nashville: 52.4%
- Homes built before 1980
- 50.8%
- Median year built
- 1979
Madison anchors the bottom of the Nashville ranking, north of the centre. Its value estimate of $309,000 is the lowest of the ten planning areas, 25% below Nashville's $413,600, while its $1,340 rent is also the lowest, 16% beneath $1,586. Renters are the larger group: 43.9% of households own, ninth of ten, compared with 52.4% across the city. Pre-1980 homes make up 50.8% of the stock and homes typically date from 1979. East Nashville reaches $477,000. Donelson - Hermitage - Old Hickory has $361,000 and 59% owners, and Bordeaux - Whites Creek - Haynes Trinity has $347,000 and 64% owners, so ownership is higher in all three neighbours. Its housing is older than Donelson - Hermitage - Old Hickory's, where 37.3% predates 1980, but newer than East Nashville's 60.8% and Bordeaux's 53.5%. Rent in the three neighbours runs from $1,370 up to $1,610, well above Madison's own.
Questions about Madison
What is the median home value in Madison, Nashville?
$309,000 for owner-occupied homes, against $413,600 for Nashville as a whole (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary). It is the owners' own estimate of their home's value, not a sale price.
What is the median rent in Madison?
$1,340 a month in gross rent (rent plus utilities paid by the renter), against $1,586 in Nashville (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Do most people in Madison own or rent?
Most rent: 43.9% of occupied homes are owner-occupied, against 52.4% in Nashville (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Data and method
Data as of: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (retrieved 2026-11-02).
Estimate from the 12 census tracts whose internal point lies within the official boundary: counts are summed, and each median is recomputed from the summed value, rent and year-built brackets (grouped median, linear interpolation). The gap with the city is measured with the same method on the whole city.
Madison is one of the 10 most populous of 14 community planning areas of Nashville: estimated population about 47,964 (Payotte estimate: Census ACS 2020-2024 populations of the census tracts whose internal point lies inside the boundary; boundaries from Metro Nashville Planning Department, Community Planning Areas (Subareas), consulted 2026-11-02).
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, tables B01003, B25001, B25003, B25034, B25063, B25064, B25075, B25077; U.S. Census Bureau, 2024 Gazetteer files (census tract internal points). City figures: the same survey, published for Nashville as a whole. Home values are owners' estimates, not sale prices.
Near Madison
The closest sectors of Nashville, by distance between population centres.
Other sectors of Nashville
Five trades, one spot each
Payotte lists one professional per trade in Madison. No one is listed yet: every spot is open.
- Real estate agentOpen spot
- Mortgage loan officerOpen spot
- Home inspectorOpen spot
- Real estate attorneyOpen spot
- AppraiserOpen spot
Work in one of these trades in Madison? Ask for your spot.