Average Rent in Downtown Madison, Madison, WI and Rent Price Trends

Rent trends in Downtown Madison, Madison, WI

Average rent prices in Downtown Madison have increased by 4% over the last month and have decreased by 5% 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 $1,865, whereas a house costs $2,695. 1-bedroom apartments in Downtown Madison run $1,450 on average, while 2-bedroom apartments are $1,995.


Studio	$1,125	2%	2%
1 bedroom	$1,450	6%	1%
2 bedroom	$1,995	6%	2%
3 bedroom	$2,550	19%	5%
4 bedroom	$4,535	30%	7%

		Listings
Bay Creek	$1,565
Emerson East	$1,780
Greenbush	$2,790
Marquette	$2,150
Regent	$2,980
Tenney Lapham	$2,095


Apartments	$1,865	6%	No Change
Condos	$1,712	7%	No Change
Houses	$2,695	56%	No Change
Rooms	$1,408	11%	-

Studio

Average rent

$1,125

Last 30 days

Last year

1 bedroom

Average rent

$1,450

Last 30 days

Last year

2 bedroom

Average rent

$1,995

Last 30 days

Last year

3 bedroom

Average rent

$2,550

Last 30 days

19%

Last year

4 bedroom

Average rent

$4,535

Last 30 days

30%

Last year

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$1,847

lower than the national median

Median rent price$1,565

18%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Madison, Madison, WI is 18% higher than the median rent in Bay Creek, Madison, WI.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,565

$1,780

$2,790

$2,150

$2,980

$2,095

Discover rentals in Downtown Madison, Madison, WI

14h ago

7.8

Very good

148-150 E Gorham St

148 E Gorham St, Madison, WI 53703

1–3 beds

1 bath

$575–$1,850

3D tour

15h ago

7.6

Very good

410 N. Butler Street

410 N Butler St, Madison, WI 53703

2 beds

1 bath

$1,300

19h ago

Very good

522 E. Main Street

522 E Main St, Madison, WI 53703

2–3 beds

1 bath

$1,375–$2,595

5d+ ago

Downtown Madison apartment for rent in Madison

201 N. Pinckney Street - 201-2

201 N Pinckney St #201-2, Madison, WI 53703

4 beds

1 bath

$1,585

$1,485

Price drop

5d+ ago

Downtown Madison apartment for rent in Madison

110 South Blair Street - 3

110 S Blair St #3, Madison, WI 53703

2 beds

1 bath

$1,500

1d ago

Downtown Madison apartment for rent in Madison

313 East Mifflin Street

313 E Mifflin St, Madison, WI 53703

2 beds

1 bath

$1,540

5d+ ago

Downtown Madison apartment for rent in Madison

207 N. Pinckney Street - 207-2

207 N Pinckney St #207-2, Madison, WI 53703

4 beds

1 bath

$1,650

$1,550

Price drop

5d+ ago

Downtown Madison apartment for rent in Madison

120 South Blair Street - 2

120 S Blair St #2, Madison, WI 53703

2 beds

1 bath

$1,600

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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 $1,847 per month as of September 26, 2026.

Is rent up or down in Downtown Madison?

Average rent prices in Downtown Madison have increased by 4% over the last month and have decreased by 5% since last year.

How does Downtown Madison rent compare to the national average?

Rent in Downtown Madison is 3% below the national average, which means renters are paying approximately $52 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 $74,000/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).