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Madison, WI Rent Trends

Rank #27, last updated February 14

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To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Madison?

The average rent of a studio apartment in Madison, WI is $1,345. The average rent of a 1-bedroom in Madison, WI is $1,543. The average rent of a 2-bedroom in Madison, WI is $2,000. The average rent of a 3-bedroom in Madison, WI is $2,698.

Studio

$1,345


1 bed

$1,543


2 beds

$2,000


3+ beds

$2,698

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Madison

Jan 29 2024Mar 15 2024May 01 2024Jun 16 2024Jul 30 2024Sep 13 2024Oct 29 2024Dec 14 2024Feb 14 2025$1,200$1,400$1,600$1,880
  • Madison
  • National

Apartment Rent Ranges in Madison

The monthly rent for apartments in Madison, WI ranges from $700 to $2,700+.

$700 - $1,200

$1,200 - $1,700

$1,700 - $2,200

$2,200 - $2,700

$2,700+

What is the average apartment size in Madison?

The average size of a Madison, WI apartment is 723 square feet, while the median apartment size for Madison, WI is 726 square feet. However, square footage varies based on unit type. Most rentals in Madison, WI (40.15%) are 1 bedroom apartments, while the fewest (9.22%) are 3+ bedroom apartments. Meanwhile, 2 bedroom apartments account for 37.41%, and studio apartments make up 13.23%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

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