Last updated July 18, 2026

Average Rent in Madison, WI & Rent Trends

Rent prices and market trends across 12 apartment communities in Madison, WI. Updated daily.

Area All Areas Greenbush Sherman Village Tenney-Lapham

Madison 53713

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

Market Average

$2,242/mo

▼ 10.1% from last month

Lowest Available

$1,095/mo

cheapest unit on market

Communities

tracked daily

Units Listed

220

available now

Rent by Neighborhood in Madison, WI

Compare average rent across Madison, WI neighborhoods. Click any area to see detailed trends.

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Tenney-Lapham	$2,609	▼ $378	$795	15	447
Greenbush	$1,950	▼ $28	$1,095	2	50
Madison 53713	$1,541	-	$1,195	1	17
Sherman Village	$1,495	▼ $245	$1,495	1	1

Is Rent Going Up or Down in Madison, WI?

As of July 2026, the average rent in Madison, WI is $2,242 per month across 12 apartment communities and 220 available units. Rents have decreased $247 (10.1%) over the past month.

The most affordable option is Lofgren Properties starting at $1,095/mo. By unit type, a 1-bedroom averages $2,242/mo.

Prices range from $1,095 to $3,500 per month. The most common price point is the $2,200 range, where 39 units are currently listed.

Madison, WI Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
May 2026	$2,406	-	6
June 2026	$2,536	+$130	8
July 2026	$2,276	-$260	12

Rent Price Distribution

Rent by Bedroom Type in Madison, WI

1 Bed

$2,242

from $1,095 · 220 units

Rent Prices by Apartment in Madison, WI

Property	Starting at	Average	Units	Rating
Lofgren Properties	$1,095/mo	$1,197/mo	5	4
Rouse	$1,195/mo	$1,533/mo	15	4.2
Capitol Centre Court Apartments	$1,215/mo	$1,367/mo	7	4.2
Quarter Row at The Yards	$1,375/mo	$1,613/mo	18	4.9
SEVEN27 at The Yards	$1,505/mo	$1,867/mo	23	4.1
The Marling Apartments	$1,695/mo	$1,787/mo	11	4.5
306 West Apartments	$1,795/mo	$1,849/mo	4	4.8
The Madison Mark	$1,825/mo	$1,875/mo	2	3.7
NoVo Apartments	$1,900/mo	$2,217/mo	19	3.7
The Continental	$2,025/mo	$2,451/mo	18	5
Axton Madison	$2,085/mo	$2,163/mo	8	4.5
ONE 09	$2,100/mo	$2,759/mo	90	5

Frequently Asked Questions About Rent in Madison, WI

What is the average rent in Madison, WI?

The average rent in Madison, WI is $2,242 per month as of July 2026, based on 220 units across 12 apartment communities.

Is rent going up or down in Madison, WI?

Rent in Madison, WI has decreased $247 (10.1%) over the past month. The current average is $2,242/mo.

What is the cheapest apartment in Madison, WI?

The most affordable apartment in Madison, WI is Lofgren Properties with units starting at $1,095/mo.

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

A 1-bedroom apartment in Madison, WI averages $2,242/mo, with prices starting at $1,095/mo across 220 available units.

How many apartments are available in Madison, WI?

There are 220 units available across 12 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

$90,000/year

Based on the 30 percent rule, using our tracked average rent of $2,242/mo.

Comfortable income

$108,000/year

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

To afford the cheapest tracked apartment ($1,095/mo), you need to earn at least $44,000/year.

Median household income in Madison, WI is $76,983 , about 28% 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)	$2,242	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	$5,392/mo	$64,704/year

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.

Wisconsin Rent Trends

Compare rent across all Wisconsin cities

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