Last updated October 8, 2026

Average Rent in Madison, WI & Rent Trends

Rent prices and market trends across 29 apartment communities in Madison, WI. Updated daily.

Area All Areas Greenbush Sherman Village Tenney-Lapham

Madison 53711 53713

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed

Market Average

$2,188/mo

Lowest Available

$700/mo

cheapest unit on market

Communities

tracked daily

Units Listed

527

available now

Rent Watch: cuts and increases

Open Rent Watch →

See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Madison, WI

Compare average rent across Madison, WI neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Madison 53711	$3,775	-	$3,775	1	1
Tenney-Lapham	$2,335	▼ $99	$1,000	22	412
Sherman Village	$2,203	▼ $4	$1,455	1	29
Greenbush	$1,660	▼ $125	$1,039	5	36

Is Rent Going Up or Down in Madison, WI?

As of October 2026, the average rent in Madison, WI is $2,188 per month across 29 apartment communities and 527 available units.

The most affordable option is 43 North Apartments starting at $700/mo. By unit type, a studio averages $1,800/mo, a 1-bedroom averages $2,175/mo, a 2-bedroom averages $2,516/mo, a 3-bedroom averages $2,270/mo, a 4-bedroom averages $1,969/mo, a 5-bedroom averages $1,650/mo.

Prices range from $700 to $4,900 per month. The most common price point is the $1,600 range, where 82 units are currently listed.

Madison, WI Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
April 2026	$2,273	-	6
May 2026	$2,282	+$9	8
June 2026	$2,450	+$168	11
July 2026	$2,233	-$217	17
August 2026	$2,119	-$114	16
September 2026	$2,127	+$8	22
October 2026	$2,037	-$90	30

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Madison, WI

Studio

$1,800

from $995 · 64 units

1 Bed

$2,175

from $995 · 247 units

2 Bed

$2,516

from $1,100 · 114 units

3 Bed

$2,270

from $1,000 · 45 units

4 Bed

$1,969

from $700 · 56 units

5 Bed

$1,650

from $1,650 · 1 units

Rent Prices by Apartment in Madison, WI

Property	Starting at	Average	Units	Rating
43 North Apartments	$700/mo	$1,766/mo	54	4.7
Langdon Hall Apartments	$1,000/mo	$1,256/mo	4	3.4
Theory Madison	$1,039/mo	$1,615/mo	15	4.8
Lark at Kohl	$1,085/mo	$1,480/mo	6	3.5
Pres House Apartments	$1,095/mo	$2,548/mo	2	3.5
Chapter at Madison Student Apartments	$1,235/mo	$1,401/mo	4	4.7
Capitol Centre Court Apartments	$1,255/mo	$1,600/mo	11	4.2
Palisade Apartments	$1,281/mo	$1,476/mo	8	3.1
The Rive Madison	$1,349/mo	$1,545/mo	46	4.9
Quarter Row at The Yards	$1,375/mo	$1,894/mo	42	4.9
Vicino Apartments	$1,393/mo	$1,580/mo	10	5
City Gables Apartments	$1,425/mo	$1,425/mo	1	4
The Marling Apartments	$1,455/mo	$2,203/mo	29	4.5
SEVEN27 at The Yards	$1,485/mo	$2,108/mo	44	4.1
Butler Plaza LLC	$1,525/mo	$1,877/mo	16	4.2
Avenir	$1,530/mo	$2,451/mo	7	5
The Waterfront Apartments	$1,563/mo	$1,585/mo	2	4.3
Park Place	$1,605/mo	$2,807/mo	35	3.9
Veritas Village, LLC	$1,649/mo	$2,799/mo	10	4.7
Hub On Campus Madison	$1,650/mo	$1,878/mo	2	4
Vicinato Apartments	$1,665/mo	$1,893/mo	4	3.7
The Continental	$1,700/mo	$2,543/mo	20	5
NoVo Apartments	$1,795/mo	$2,408/mo	15	3.7
306 West Apartments	$1,800/mo	$2,178/mo	6	4.8
The Madison Mark	$1,825/mo	$1,984/mo	5	3.7
ONE 09	$1,830/mo	$2,685/mo	107	5
Longfellow Lofts Apartments	$1,885/mo	$2,172/mo	3	5
1722 Monroe	$1,965/mo	$2,870/mo	2	4.3
Ovation 309	$2,319/mo	$3,400/mo	17	4.5

Frequently Asked Questions About Rent in Madison, WI

What is the average rent in Madison, WI?

The average rent in Madison, WI is $2,188 per month as of October 2026, based on 527 units across 29 apartment communities.

Is rent going up or down in Madison, WI?

The current average rent in Madison, WI is $2,188/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Madison, WI?

The most affordable apartment in Madison, WI is 43 North Apartments with units starting at $700/mo.

How much is a 1-bedroom apartment in Madison, WI?

A 1-bedroom apartment in Madison, WI averages $2,175/mo, with prices starting at $995/mo across 247 available units.

How many apartments are available in Madison, WI?

There are 527 units available across 29 apartment communities in Madison, WI.

What salary do I need to live comfortably in Madison, WI?

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

Minimum to afford average rent

$88,000/year

Based on the 30 percent rule, using our tracked average rent of $2,188/mo.

Comfortable income

$105,000/year

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

To afford the cheapest tracked apartment ($700/mo), you need to earn at least $28,000/year.

Median household income in Madison, WI is $76,983 , about 27% below the comfortable-living threshold.

Cost of living in Madison, WI

Overall prices in Madison, WI 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 Madison, WI's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$2,188	daily refresh
Utilities	$413	BLS × BEA RPP
Groceries	$507	BLS × BEA RPP
Transportation	$983	BLS × BEA RPP
Healthcare	$480	BLS × BEA RPP
Other goods and services	$768	BLS × BEA RPP
Estimated total	$5,338/mo	$64,056/year

Population

275,568

Median household income

$76,983

Census median rent

$1,364/mo

Census rent burden

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.

Wisconsin Rent Trends

Compare rent across all Wisconsin cities

Madison, WI Neighborhood Rent Map

See rent history by neighborhood on a map

Explore Madison, WI on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Madison, WI rents stack up against the national median