Bedroom count

Property type

Last updated on December 20, 2025

Average rent in
Sherman Terrace, Madison, WI

Last updated on December 20, 2025

Last updated on December 20, 2025

Bedroom count

Property type

As of December 2025, the median rent for all bedroom counts and property types in Sherman Terrace, Madison, WI is $1,699. This is -11%, or $201, lower than the national average.

$2.06

average price per square foot

Median rent

$1,699

increased by36%
over the previous yearvs previous year

Total rentals

19

for rent on Zumper.com

As of December 2025, the median rent for all bedroom counts and property types in Sherman Terrace, Madison, WI is $1,699. This is -11%, or $201, lower than the national average.

$2.06

average price per square foot

Rent ranges

34%
52%
14%
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000

Households

84%
16%
Renter-occupied
Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Sherman Terrace, Madison, WI

Rent price trends

Rent prices for all bedroom counts and property types in Sherman Terrace, Madison, WI have remained the same in the last month and have increased by 36% in the last year.

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

Rent comparables in
Sherman Terrace, Madison, WI

The monthly rent for an apartment in Sherman Terrace, Madison, WI is $1,580. A 1-bedroom apartment in Sherman Terrace, Madison, WI costs about $1,350 on average, while a 2-bedroom apartment is $1,700. Houses for rent in Sherman Terrace, Madison, WI are more expensive, with an average monthly cost of $2,482.

Comparables

1 bedroom

$1,595

2%

20%

2 bedroom

$1,885

8%

150%

3 bedroom

$2,345

No Change

14%

4 bedroom

$2,600

-

-

Studio

$840

-

-

Studio

Average rent

$840

1 bedroom

Average rent

$1,595

Last 30 days

2%

Last year

20%

2 bedroom

Average rent

$1,885

Last 30 days

8%

Last year

150%

3 bedroom

Average rent

$2,345

Last year

14%

4 bedroom

Average rent

$2,600

The table above reflects average rent prices in Sherman Terrace, 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 Sherman Terrace, Madison, WI to other neighborhoods

Median rent prices in Sherman Terrace, Madison, WI for all bedroom counts and property types compared to Carpenter Ridgeway, Madison, WI.

Sherman Terrace

Median rent price$1,699
decreased by11%

lower than the national median

Median rent price$1,475
decreased by22%

lower than the national median

Takeaway

The median rent for all rentals in Sherman Terrace, Madison, WI is 15% higher than the median rent in Carpenter Ridgeway, Madison, WI.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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

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2 Sherman Ter #1 - Photo 1 of 1

5d+ ago

Sherman Terrace condo for rent in Madison

Condo - Madison, WI

2 Sherman Ter #1, Madison, WI 53704

2 beds

1 bath

$1,500

Condo for rent