Last updated on July 2, 2026

Average rent in
Downtown Madison, Madison, WI

Median rent

Median rent in Downtown Madison

$1,700/mo

decreased by10%

vs previous year

The average rent in Downtown Madison is $1,700 per month as of June 2026. This is 13% below the national average rent, or $250 less per month.

$2.78

average price per square foot

Total rentals

Available rentals in Downtown Madison

118

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Downtown Madison rentals at each price point

35%26%18%9%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 1% over the last month and have decreased by 10% 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 $1,787, whereas a house costs $2,800. 1-bedroom apartments in Downtown Madison run $1,650 on average, while 2-bedroom apartments are $2,450.

Listings

Studio

$1,140

3%

4%

1 bedroom

$1,597

1%

No Change

2 bedroom

$2,347

4%

7%

3 bedroom

$2,460

2%

12%

4 bedroom

$3,800

2%

9%

Studio

Average rent

$1,140

Last 30 days

3%

Last year

4%

1 bedroom

Average rent

$1,597

Last 30 days

1%

Last year

No Change

2 bedroom

Average rent

$2,347

Last 30 days

4%

Last year

7%

3 bedroom

Average rent

$2,460

Last 30 days

2%

Last year

12%

4 bedroom

Average rent

$3,800

Last 30 days

2%

Last year

9%

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$1,700
decreased by13%

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 6% higher than the median rent in Bay Creek, Madison, WI.

Discover rentals in Downtown Madison, Madison, WI

Hypatia - Photo 1 of 1

5d+ 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

International - Photo 1 of 1

5d+ ago

7.2

Very good

International

140 W Gilman St, Madison, WI 53703

Studio

1 bath

$603–$650

Apartment for rent

345-347 - Photo 1 of 1

5d+ ago

7.4

Very good

345-347

345 W Doty St, Madison, WI 53703

2 beds

1 bath

$1,460

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 $1,700 per month as of June 27, 2026.

Is rent up or down in Downtown Madison?

Average rent prices in Downtown Madison have increased by 1% over the last month and have decreased by 10% since last year.

How does Downtown Madison rent compare to the national average?

Rent in Downtown Madison is 13% below the national average, which means renters are paying approximately $250 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 $68,000/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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