Last updated on May 18, 2026

Average rent in
Downtown Madison, Madison, WI

Median rent

Median rent in Downtown Madison

$1,650/mo

decreased by13%

vs previous year

The average rent in Downtown Madison is $1,650 per month as of May 2026. This is 15% below the national average rent, or $299 less per month.

$2.86

average price per square foot

Total rentals

Available rentals in Downtown Madison

117

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Downtown Madison rentals at each price point

40%30%20%10%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Downtown Madison, Madison, WI

Average rent prices in Downtown Madison have increased by 2% over the last month and have decreased by 13% since last year.

Rent trends

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

Compare rent prices in Downtown Madison, Madison, WI

Rent prices in Downtown Madison vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Madison is $1,675, whereas a house costs $2,800. 1-bedroom apartments in Downtown Madison run $1,625 on average, while 2-bedroom apartments are $2,425.

Listings

Studio

$1,100

1%

12%

1 bedroom

$1,612

2%

4%

2 bedroom

$2,345

3%

8%

3 bedroom

$2,315

2%

18%

4 bedroom

$3,200

No Change

2%

Studio

Average rent

$1,100

Last 30 days

1%

Last year

12%

1 bedroom

Average rent

$1,612

Last 30 days

2%

Last year

4%

2 bedroom

Average rent

$2,345

Last 30 days

3%

Last year

8%

3 bedroom

Average rent

$2,315

Last 30 days

2%

Last year

18%

4 bedroom

Average rent

$3,200

Last 30 days

No Change

Last year

2%

The table above reflects average rent prices in Downtown Madison, 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.

How does rent in Downtown Madison, Madison, WI compare to other neighborhoods?

Compare median rent prices in Downtown Madison and Bay Creek by all bedroom counts and property types.

Downtown Madison

Median rent price$1,650
decreased by15%

lower than the national median

Median rent price$1,600
decreased by18%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Madison, Madison, WI is 3% higher than the median rent in Bay Creek, Madison, WI.

Discover rentals in Downtown Madison, Madison, WI

Hypatia - Photo 1 of 1

3d ago

7.4

Very good

Hypatia

411 N Pinckney St, Madison, WI 53703

Studio

1 bath

$492–$684

Apartment for rent

Ofek Shalom - Photo 1 of 1

1d ago

7.1

Very good

Ofek Shalom

122 N Bassett St, Madison, WI 53703

Studio

1 bath

$572–$623

Apartment for rent

22 - Photo 1 of 1

5d+ ago

7.2

Very good

22

22 Langdon St, Madison, WI 53703

Studio

1 bath

$590–$600

Apartment for rent

International - Photo 1 of 1

3d ago

7.2

Very good

International

140 W Gilman St, Madison, WI 53703

Studio

1 bath

$603–$650

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Downtown Madison, Madison, WI

Quick answers to common questions about the Downtown Madison rental market.

How much is rent in Downtown Madison?

The average rent in Downtown Madison is $1,650 per month as of May 16, 2026.

Is rent up or down in Downtown Madison?

Average rent prices in Downtown Madison have increased by 2% over the last month and have decreased by 13% since last year.

How does Downtown Madison rent compare to the national average?

Rent in Downtown Madison is 15% below the national average, which means renters are paying approximately $299 less per month.

What salary do I need to afford rent in Downtown Madison?

To comfortably afford rent in Downtown Madison, you'd need to earn approximately $66,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Baraboo