Average Rent in Madison, WI and Rent Price Trends

Rent price trends in
Madison, WI

Rent price trends

Rent prices for all bedroom counts and property types in Madison, WI have increased by 1% in the last month and have decreased by 2% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Madison, WI
The monthly rent for an apartment in Madison, WI is $1,650. A 1-bedroom apartment in Madison, WI costs about $1,560 on average, while a 2-bedroom apartment is $1,880. Houses for rent in Madison, WI are more expensive, with an average monthly cost of $2,500.


1 bedroom	$1,550	No Change	No Change
2 bedroom	$1,870	2%	4%
3 bedroom	$2,335	1%	6%
4 bedroom	$2,920	5%	2%
Studio	$1,255	3%	6%

		Comparables
Bay Creek	$1,600
Berkeley Oaks	$1,555
Downtown Madison	$1,625
Eken Park	$1,462
Greenbush	$1,855
Marquette	$1,627
Regent	$1,797
Starkweather	$1,850
Sunset Village	$1,795
Tenney Lapham	$1,895


Apartments	$1,650	1%	No Change
Condos	$1,600	6%	No Change
Houses	$2,500	2%	No Change
Rooms	$1,399	1%	-

Studio

Average rent

$1,255

Last 30 days

Last year

1 bedroom

Average rent

$1,550

Last 30 days

No Change

Last year

No Change

2 bedroom

Average rent

$1,870

Last 30 days

Last year

3 bedroom

Average rent

$2,335

Last 30 days

Last year

4 bedroom

Average rent

$2,920

Last 30 days

Last year

The table above reflects average rent prices in Madison, WI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Madison, WI to other cities

Median rent prices in Madison, WI for all bedroom counts and property types compared to Belleville, WI.

Madison

Median rent price$1,660

15%

lower than the national median

Median rent price$1,599

18%

lower than the national median

Takeaway

The median rent for all rentals in Madison, WI is 4% higher than the median rent in Belleville, WI.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Belleville

$1,599

N/A

Last year

Cottage Grove

$1,495

Last year

Edgerton

$1,430

63%

Last year

Fitchburg

$1,692

Last year

Mcfarland

$1,795

14%

Last year

Middleton

$1,599

Last year

Monona

$1,352

13%

Last year

Oregon

$1,495

11%

Last year

Stoughton

$1,475

Last year

Sun Prairie

$1,495

Last year

Verona

$1,895

Last year

Waunakee

$1,409

Flat

Last year

Cost of living in
Madison, WI

The overall cost of living in Madison, WI is 5% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.