Madison, IN

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Madison short-term rental market based on reliable data.

Listings

147 / 229

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$25,878

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$235,756

Median Home Sale Price

Top Earners

$45,683

Top-Earners Revenue

Madison

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Madison.

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B

Generally Investor friendly

Madison Regulations

Short-term rentals are allowed citywide under HB 1035, and Madison uses a light-touch approach—no dedicated STR permit, capped state fee at $150, and standard business registration and safety codes. Compliance is clear, moderate, and manageable, though historic-district approvals and building-code checks apply.

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About Madison

Madison is a city in and the county seat of Jefferson County, Indiana, United States, along the Ohio River. As of the 2010 United States Census its population was 11,967. Over 55,000 people live within 15 miles (24 km) of downtown Madison. Madison is the largest city along the Ohio River between Louisville and Cincinnati. Madison is one of the core cities of the Louisville-Elizabethtown-Madison metroplex, an area with a population of approximately 1.5 million. In 2006, the majority of Madison's downtown area was designated a National Historic Landmark—133 blocks of the downtown area is known as the Madison Historic Landmark District.

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