Last updated on August 16, 2026

Average rent in
Downtown Madison, Madison, WI

Median rent

Median rent in Downtown Madison

$1,745/mo

decreased by6%

vs previous year

The average rent in Downtown Madison is $1,745 per month as of August 2026. This is 9% below the national average rent, or $180 less per month.

$2.65

average price per square foot

Total rentals

Available rentals in Downtown Madison

96

for rent on Zumper.com as of August 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 decreased by 3% over the last month and have decreased by 6% 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 $1,800, whereas a house costs $2,577. 1-bedroom apartments in Downtown Madison run $1,725 on average, while 2-bedroom apartments are $2,345.

Listings

Studio

$1,107

1%

10%

1 bedroom

$1,600

1%

4%

2 bedroom

$2,340

3%

4%

3 bedroom

$1,942

9%

24%

4 bedroom

$2,737

6%

12%

Studio

Average rent

$1,107

Last 30 days

1%

Last year

10%

1 bedroom

Average rent

$1,600

Last 30 days

1%

Last year

4%

2 bedroom

Average rent

$2,340

Last 30 days

3%

Last year

4%

3 bedroom

Average rent

$1,942

Last 30 days

9%

Last year

24%

4 bedroom

Average rent

$2,737

Last 30 days

6%

Last year

12%

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$1,745
decreased by9%

lower than the national median

Median rent price$1,639
decreased by15%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Madison, Madison, WI is 6% higher than the median rent in Bay Creek, Madison, WI.

Discover rentals in Downtown Madison, Madison, WI

Ofek Shalom - Photo 1 of 1

14h ago

7.1

Very good

Ofek Shalom

122 N Bassett St, Madison, WI 53703

Studio

1 bath

$572–$623

Apartment for rent

432-436 West Wilson Street - Photo 1 of 1

2d ago

7.3

Very good

432-436 West Wilson Street

432 W Wilson St, Madison, WI 53703

2 beds

1 bath

$1,450

Apartment for rent

215 East Mifflin Street - Photo 1 of 1

4d ago

8.8

Very good

215 East Mifflin Street

215 E Mifflin St, Madison, WI 53703

2 beds

1 bath

$1,595

Apartment for rent

410 N. Butler Street - Photo 1 of 1
3D tour

5d+ ago

8.3

Very good

410 N. Butler Street

410 N Butler St, Madison, WI 53703

2 beds

1 bath

$1,600

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 $1,745 per month as of August 15, 2026.

Is rent up or down in Downtown Madison?

Average rent prices in Downtown Madison have decreased by 3% over the last month and have decreased by 6% since last year.

How does Downtown Madison rent compare to the national average?

Rent in Downtown Madison is 9% below the national average, which means renters are paying approximately $180 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 $70,000/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).

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