Rentometer, Inc. | Data as of 10/22/2025
Madison’s rental market blends historic charm with a vibrant, college‑town energy that appeals to professionals, families, and students alike. The city’s compact downtown surrounds the iconic State Capitol and the bustling Capitol Square, while the University of Wisconsin‑Madison campus adds a dynamic academic pulse. Residents enjoy easy access to scenic lakes, extensive bike trails, and cultural hotspots such as the Chazen Museum and the Madison Museum of Contemporary Art, making the area an attractive place to call home.
The rental inventory offers a balanced mix of apartments and single‑family homes, providing options for every lifestyle. Studio apartments typically fall in the $1400s, with one‑bedroom units ranging in the $1500s. Two‑bedroom apartments trend toward the $2000s, while three‑bedroom rentals approach the $2400s and larger four‑plus bedroom units reach the $2800s. For house seekers, one‑bedroom homes are priced in the $1500s, two‑bedroom houses in the $1700s, three‑bedroom homes around the $2400s, and spacious four‑plus bedroom houses climb into the $3200s. These price tiers reflect Madison’s diverse neighborhoods, from the historic homes of the Near West Side to the modern townhomes in the Hilltoppers district.
Whether you’re drawn to the lively streets of Downtown Madison, the family‑friendly atmosphere of the University Heights area, or the leafy tranquility of the Monona Terrace vicinity, the city’s rental landscape accommodates a wide range of preferences. With robust public transit, walkable amenities, and a strong sense of community, Madison remains a top choice for renters seeking both convenience and quality of life.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,436 | $1,419 | $970 - $2,250 | $1,245 - $1,585 |
| Apartment | 1 Bedroom | $1,584 | $1,572 | $646 - $3,498 | $1,265 - $1,825 |
| Apartment | 2 Bedroom | $1,918 | $1,790 | $710 - $4,678 | $1,530 - $2,120 |
| Apartment | 3 Bedroom | $2,683 | $2,570 | $1,083 - $5,828 | $1,995 - $3,319 |
| Apartment | 4+ Bedroom | $2,414 | $2,795 | $1,489 - $3,295 | $1,495 - $3,000 |
| House | 2 Bedroom | $1,659 | $1,600 | $700 - $3,100 | $1,450 - $1,900 |
| House | 3 Bedroom | $2,460 | $2,587 | $1,070 - $3,500 | $2,095 - $2,850 |
| House | 4+ Bedroom | $3,215 | $3,195 | $1,750 - $4,500 | $2,650 - $3,980 |
In the current period, the average rent in Madison was $1,437 for Studio, $1,578 for 1 Bedroom, $1,889 for 2 Bedroom, $2,556 for 3 Bedroom, and $2,994 for 4+ Bedroom.
Data provided by Rentometer, Inc.