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Average Rent in Tenney-Lapham & Rent Trends

Rent prices and market trends across 16 apartment communities in Tenney-Lapham, Madison, WI. Updated daily.

Market Average

$2,570/mo

▼ 21.2% from last month

Lowest Available

$795/mo

cheapest unit on market

Communities

16

tracked daily

Units Listed

452

available now

Price Cuts This Week in Tenney-Lapham

22 listed units across 4 buildings in Tenney-Lapham dropped their asking rent in the past 7 days, an average cut of $219/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
The Continental Unit Facing $2,500 $1,800 $700
Hub On Campus Madison Unit 24 $1,719 $1,089 $630
NoVo Apartments Unit 216 S. Pinckney St. #500, Espresso $3,175 $2,695 $480
NoVo Apartments Unit 216 S. Pinckney St. #801, Mint $3,325 $2,995 $330
Hub On Campus Madison Unit 22 $1,699 $1,405 $294
The Rive Madison Unit 2 $1,649 $1,369 $280
NoVo Apartments Unit 216 S. Pinckney St. #822, Lavender $3,250 $2,995 $255
NoVo Apartments Unit 216 S. Pinckney St. #1204, Teal $2,495 $2,295 $200
See today's prices on all 452 listed units

Tenney-Lapham vs Madison, WI Average

Tenney-Lapham is more expensive the Madison, WI average by $86/mo (3%). The citywide average is $2,484/mo across all neighborhoods.

Is Rent Going Up or Down in Tenney-Lapham?

As of July 2026, the average rent in Tenney-Lapham is $2,570 per month across 16 apartment communities and 452 available units. Rents have decreased $583 (21.2%) over the past month.

The most affordable option is McBride Companies LLC starting at $795/mo. By unit type, a studio averages $2,326/mo, a 1-bedroom averages $2,303/mo, a 2-bedroom averages $3,261/mo, a 3-bedroom averages $2,731/mo, a 4-bedroom averages $1,883/mo.

Prices range from $795 to $14,130 per month. The most common price point is the $2,200 range, where 55 units are currently listed.

Tenney-Lapham Rent Price History

Window
View as table
Month Avg Rent Change Properties
May 2026 $2,469 - 6
June 2026 $2,498 +$29 9
July 2026 $2,404 -$94 16

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Tenney-Lapham

Studio
$2,326
from $795 · 106 units
1 Bed
$2,303
from $1,095 · 180 units
2 Bed
$3,261
from $1,049 · 119 units
3 Bed
$2,731
from $1,049 · 28 units
4 Bed
$1,883
from $1,089 · 19 units

Rent Prices by Apartment in Tenney-Lapham

Property Starting at Average Units Rating
McBride Companies LLC $795/mo $795/mo 1 4.4
Hub On Campus Madison $1,049/mo $1,498/mo 24 4
Lofgren Properties $1,050/mo $1,891/mo 32 4
Capitol Centre Court Apartments $1,215/mo $1,551/mo 11 4.2
The Rive Madison $1,299/mo $1,449/mo 8 4.9
Veritas Village, LLC $1,299/mo $2,456/mo 15 4.7
Quarter Row at The Yards $1,375/mo $2,010/mo 27 4.9

Frequently Asked Questions About Rent in Tenney-Lapham

What is the average rent in Tenney-Lapham?

The average rent in Tenney-Lapham is $2,570 per month as of July 2026, based on 452 units across 16 apartment communities.

Is rent going up or down in Tenney-Lapham?

Rent in Tenney-Lapham has decreased $583 (21.2%) over the past month. The current average is $2,570/mo.

What is the cheapest apartment in Tenney-Lapham?

The most affordable apartment in Tenney-Lapham is McBride Companies LLC with units starting at $795/mo.

How much is a 1-bedroom apartment in Tenney-Lapham?

A 1-bedroom apartment in Tenney-Lapham averages $2,303/mo, with prices starting at $1,095/mo across 180 available units.

How many apartments are available in Tenney-Lapham?

There are 452 units available across 16 apartment communities in Tenney-Lapham.

What salary do I need to live comfortably in Tenney-Lapham?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$103,000/year

Based on the 30 percent rule, using our tracked average rent of $2,570/mo.

Comfortable income

$123,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($795/mo), you need to earn at least $32,000/year.

Median household income in Tenney-Lapham is $76,983 , about 38% below the comfortable-living threshold.

Cost of living in Tenney-Lapham

Overall prices in Tenney-Lapham runs below the national average by about 4% (BEA Regional Price Parity index 95.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Tenney-Lapham's regional price parities.

Category Monthly estimate
Rent (market average) $2,570
Utilities $413
Groceries $507
Transportation $983
Healthcare $480
Other goods and services $768
Estimated total $5,720/mo

Population

275,568

Median household income

$76,983

Census median rent

$1,364/mo

Rent as % of income

29.5%

Median age

31.8

Mean commute

19 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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