1. Home

Madison, WI Apartments For Rent

Beds

265 Properties

Madison Apartments Options

Average Rent in Madison, WI

Avg. RentAnnual Change
Madison Studio - $1,304+2%
Madison 1 Bed - $1,639+14%
Madison 2 Beds - $1,999+19%
Last updated 6/19/2024

Local Guide

See what Madison, WI has to offer.

Local Reviews

There are parks, restaurants and other businesses in walking distance of the neighborhood as well as a nearby library

Restaurants that are in my area and the grocery store. We have a few restaurants and a Whole Foods store as well as other fast food restaurants very close by.

We live in a fun neighborhood with things to do - local beer garden, botanical garden. We have several small bars and restaurants nearby that are good social spots. We live close to friends

Close to businesses like restaurants, stores like grocery and department stores. Easy access to major roads and highways. Close to airport.

Larger yards, easy access to bars and restaurants including being close to the lake and being able to bike to places

Close to downtown,, and capital. Some nice parks and area's around the lakes. Nice variety if restaurant and bars.

Demographics

Education

High School

20%

Associate's

24%

Bachelor's

33%

Master's

17%

Doctorate

5%

Family Size

2 people

49%

3 people

23%

4 people

18%

5 people

7%

6+ people

3%

Household Income

0-50k

39%

50-100k

31%

100-150k

16%

150-200k

7%

200k+

7%

Age

0-10

10%

10-20

12%

20-45

47%

45-65

19%

65+

12%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/19/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Madison, WI

In Madison, WI, as of 2024, the average rent for apartments ranges from $1,304 to $1,999. Specifically, the average rent for a studio apartment in Madison, WI is $1,304. For those seeking a 1-bedroom apartments, the average rent is $1,639. And for a 2-bedroom apartment, renters can expect to pay an average of $1,999.

Annual Rent Change Over the Past 12 Months

Studio

+2%

Changed from $1,278 to $1,304
1 Bed

+14%

Changed from $1,438 to $1,639
2 Beds

+19%

Changed from $1,680 to $1,999
Last updated 6/19/2024

Rent Ranges

Apartment PricesProportion
0%
4%
22%
34%
40%

Compare Other Cities

CityStudio Avg RentAnnual Change
Oconomowoc$1,443-10%
Middleton$1,372+2%
Fitchburg$1,312-3%
Verona$1,310+9%
Sun Prairie$1,225+5%
Cottage Grove$1,195+11%
McFarland$1,175--
Stoughton$1,125--
Beloit$1,1240%
Monona$1,100+5%
Oregon$1,095--
Whitewater$1,095--
Cross Plains$990+12%
Waunakee$985--
Portage$800--
Janesville$775+3%
Baraboo$7100%
City1 Bed Avg RentAnnual Change
Middleton$1,647+4%
Verona$1,617+1%
Oconomowoc$1,600-7%
Fitchburg$1,5750%
Sun Prairie$1,414-1%
Cottage Grove$1,407-1%
Beloit$1,395-2%
Stoughton$1,375+121%
Monona$1,3450%
Janesville$1,266+24%
Waunakee$1,216+12%
Whitewater$1,195--
Cross Plains$1,160+14%
McFarland$1,047+7%
Beaver Dam$895+2%
Delavan$881-14%
Watertown$8800%
Jefferson$8800%
Baraboo$875-1%
Oregon$850+50%
Fort Atkinson$849--
Portage$823--
City2 Beds Avg RentAnnual Change
Middleton$2,279+4%
Fitchburg$2,005+8%
Verona$1,9720%
Cottage Grove$1,895+7%
Sun Prairie$1,760+1%
Monona$1,745-1%
Stoughton$1,645--
Cross Plains$1,597-5%
Delavan$1,514+43%
Beloit$1,495+9%
Whitewater$1,495--
Waunakee$1,475+18%
Janesville$1,334+3%
McFarland$1,330+12%
Oregon$1,300+13%
Portage$1,135+3%
Baraboo$1,125-4%
Watertown$1,020+9%
Jefferson$1,0200%
Lake Mills$975--
Oconomowoc$960-50%
Beaver Dam$955+17%
Fort Atkinson$945--
Monroe$740--

Compare Neighborhoods

State Street

$825

1 Bed Avg. Rent

Waunona

$950

1 Bed Avg. Rent

Mansion Hill

$960

1 Bed Avg. Rent

What are the most affordable neighborhoods in Madison, WI?

For renters in Madison seeking more affordable options, the neighborhoods to watch are State Street, Waunona, and Mansion Hill, where average rents for 1-bedroom apartments stand at $825, $950, and $960 respectively. Additional areas offering value are Spring Harbor and State-Langdon, where the rents are $995 and $1,012, a favorable comparison to Madison's overall 1-bedroom average of $1,639.

What are the most expensive neighborhoods in Madison, WI?

In Madison, the neighborhoods commanding the highest rents are First Settlement, Old Market Place, and Marquette. A 1-bedroom apartment in First Settlement averages at $3,067, in Old Market Place it averages $1,839, and in Marquette, the average is $1,837. For additional high-end living options, Third Lake Ridge Historic District offers 1-bedroom apartments at $1,837, and Bassett at $1,815. These rates compare to the overall average rent of $1,639 for a 1-bedroom apartment in Madison, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Madison, WI?

In Madison, the most sought-after neighborhoods for renters include Rocky Bluff, Near West, and Regent. In Rocky Bluff, the average rent for a 1-bedroom apartment is $1,350. Near West sees average rents of $1,334 for a 1-bedroom unit. Regent offers similar appeal with 1-bedroom apartments averaging $1,329. For those seeking other popular areas, Spring Harbor presents 1-bedroom apartments at $995, and Dunn's Marsh at $1,079. These prices are set against the backdrop of the city-wide average of $1,639 for a 1-bedroom apartment in Madison, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Tenney-Lapham$1,604+15%
Old Market Place$1,539+10%
Bay Creek$1,525+9%
North West Madison$1,495+9%
South Madison$1,419+1%
State Street$1,395--
Reston Heights$1,387-3%
Sprecher East$1,354-5%
Isthmus$1,329+2%
North East Madison$1,274+1%
Mansion Hill$1,260+36%
Johnson Street Bend$1,249-11%
Downtown$1,244+30%
South Campus$1,240-3%
Door Creek$1,225+3%
South East Madison$1,2240%
McClellan Park$1,200-1%
Ridgewood$1,139+23%
Near East$1,100+29%
Rocky Bluff$1,100+13%
North Madison$1,100+30%
Schenk - Atwood$1,095--
First Settlement$1,090--
Sandburg$1,085+9%
Greenbush$1,065--
South West Madison$1,050-4%
James Madison Park$1,022+15%
Leopold$1,020--
Near West$999-13%
Regent$999-13%
Mifflin$994-11%
Marquette$950--
Third Lake Ridge Historic District$950--
Bassett$850+34%
State-Langdon$8120%
Neighborhood1 Bed Avg RentAnnual Change
Old Market Place$1,839+8%
Marquette$1,837--
Third Lake Ridge Historic District$1,837--
Bassett$1,815+21%
Tenney-Lapham$1,812+6%
Reston Heights$1,785-5%
Isthmus$1,777+51%
Bay Creek$1,724+5%
Sprecher East$1,682+18%
Johnson Street Bend$1,649+9%
North West Madison$1,637-1%
South Madison$1,634+12%
Junction Ridge$1,525+13%
McClellan Park$1,510-6%
North East Madison$1,509+3%
James Madison Park$1,500+5%
South East Madison$1,480-1%
Schenk - Atwood$1,415+5%
Door Creek$1,395+4%
Vilas$1,375--
Rocky Bluff$1,350--
Near West$1,334-9%
Regent$1,329-8%
Sandburg$1,295+13%
South West Madison$1,290+2%
Ridgewood$1,269+8%
North Madison$1,255+5%
Downtown$1,240+15%
Near East$1,200+18%
Leopold$1,200+10%
Sherman$1,195--
Mifflin$1,184-13%
South Campus$1,132--
Burr Oaks$1,125+15%
Berkeley Oaks$1,095--
Dunn's Marsh$1,079+20%
Bram's Addition$1,062-3%
State-Langdon$1,0120%
Spring Harbor$995--
Mansion Hill$960-15%
Waunona$950+5%
State Street$825--
Neighborhood2 Beds Avg RentAnnual Change
Bassett$2,900--
Marquette$2,850--
Third Lake Ridge Historic District$2,850--
Old Market Place$2,849+13%
Tenney-Lapham$2,849+13%
Isthmus$2,724+93%
Schenk - Atwood$2,595+69%
Bay Creek$2,500+9%
Downtown$2,217+71%
James Madison Park$2,170+11%
North West Madison$2,157+6%
South Madison$2,124+28%
Regent$2,109+12%
Reston Heights$2,045-2%
Near West$2,000+10%
North East Madison$1,999+4%
Rocky Bluff$1,912--
Sherman$1,895--
Junction Ridge$1,845+6%
McClellan Park$1,825-8%
South East Madison$1,785+13%
Sprecher East$1,775+9%
Door Creek$1,775+1%
South West Madison$1,755+3%
Mifflin$1,699--
Midvale Heights$1,695--
Greenbush$1,600--
Ridgewood$1,499+20%
North Madison$1,495+27%
Arbor Hills$1,450--
Mansion Hill$1,420--
Leopold$1,405+8%
Sandburg$1,395--
South Campus$1,390-1%
Near East$1,385+16%
State-Langdon$1,3800%
Glendale$1,365--
Bram's Addition$1,345+35%
Burr Oaks$1,295+8%
State Street$1,270--
Waunona$1,225+16%
Johnson Street Bend$5500%

Transportation

Commute Time

0-15 Mins

34%

15-30 Mins

45%

30-40 Mins

13%

40-60 Mins

5%

60+ Mins

3%

Transportation Scores

Percentage: 6464

Walk Score®

Walkable

No

Say 35 of 54 renters

Has Sidewalks

Yes

Say 38 of 54 renters

Percentage: 7575

Bike Score®

Bike Friendly

Yes

Say 43 of 54 renters

Percentage: 4545

Transit Score®

They Are Located Near Public Transportation

No

Say 28 of 54 renters

Need A Car

No

Say 36 of 54 renters

Area Amenities

Top Score

Coffee

4.5/5 stars based on undefined reviews

We're full of beans for Madison's coffee shop scene.

  1. Few coffee shops per resident
  2. Significantly more coffee shops than average
  3. 12% more coffee shops than areas of a similar size

Nightlife

4.5/5 stars based on undefined reviews

Get your dance shoes on, Madison looks good for nightlife.

  1. Few bars and clubs per resident
  2. Significantly more bars and clubs than average
  3. Significantly more bars and clubs than areas of a similar size

Retail Shops

4.5/5 stars based on undefined reviews

A shopaholic favorite. Madison has a lot of style.

  1. Few shops per resident
  2. Significantly more shops than average
  3. A standard number of shops compared to areas of a similar size

Health and Fitness

4.5/5 stars based on undefined reviews

Pumped and lifting a solid 4.5 stars for fitness.

  1. Few gyms per resident
  2. Significantly more gyms than average
  3. 31% more gyms than areas of a similar size

Pet Services

4.5/5 stars based on undefined reviews

Madison is real pawsitive for your pets.

  1. Few pet facilities per resident
  2. Significantly more pet facilities than average
  3. 21% more pet facilities than areas of a similar size

Fine Arts

4.5/5 stars based on undefined reviews

This place gets the picture when it comes to art.

  1. Few fine art centers per resident
  2. Significantly more fine art centers than average
  3. 57% more fine art centers than areas of a similar size

Restaurants

4/5 stars based on undefined reviews

Cooking skills not required in Madison.

  1. Few restaurants per resident
  2. Significantly more restaurants than average
  3. A standard number of restaurants compared to areas of a similar size

Medical Care

4/5 stars based on undefined reviews

This place is no sight for sore eyes. Plenty of docs in Madison.

  1. Few medical facilities per resident
  2. Significantly more medical facilities than average
  3. 25% more medical facilities than areas of a similar size

Grocery Stores

3.5/5 stars based on undefined reviews

Suffice to say, this place is great for groceries.

  1. Few grocery stores per resident
  2. Significantly more grocery stores than average
  3. 21% more grocery stores than areas of a similar size

Parks

3.5/5 stars based on undefined reviews

You'll be living the park life in Madison.

  1. Few parks per resident
  2. Significantly more parks than average
  3. 55% more parks than areas of a similar size

Gas Stations

3/5 stars based on undefined reviews

Bumper sticker city. This place is good for filling up.

  1. Few gas stations per resident
  2. Significantly more gas stations than average
  3. 24% more gas stations than areas of a similar size

Area Features

Area Has Litter

No

Say 50 of 54 renters

Good Place To Raise A Family

Yes

Say 48 of 54 renters

Noise Late At Night

No

Say 47 of 54 renters

Area Has Potholes

No

Say 44 of 54 renters

Nearby Parks

Yes

Say 43 of 54 renters

Busy Streets

No

Say 42 of 54 renters

Pet Friendly

Yes

Say 42 of 54 renters

Safe For Families

Yes

Say 42 of 54 renters

Area Has Kids Play Outside

Yes

Say 39 of 54 renters

Mostly Older Buildings

No

Say 38 of 54 renters

Quiet Area

Yes

Say 38 of 54 renters

Near Grocery Stores

Yes

Say 35 of 54 renters

Near Schools

Yes

Say 35 of 54 renters

Maintained Yards

Yes

Say 34 of 54 renters

Tree Lined Streets

Yes

Say 32 of 54 renters

Well Lit

No

Say 30 of 54 renters

Near Highways

No

Say 35 of 54 renters

Nice Views

No

Say 37 of 54 renters

Mostly Newer Buildings

No

Say 41 of 54 renters

Near Downtown

No

Say 42 of 54 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Madison

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

About

Madison, WI

Overview of Madison

How do you feel about lakeside views in virtually every direction and an abundance of natural amenities with arm's reach? That's what it's like in Madison Wisconsin. Coined as the City of Four Lakes, Madison is tucked between Monona and Mendota lakes, with Lake Waubesa on the southeast side of the city and Lake Wingra on the southwest. Madison, a progressive-leaning college town and sprawling city, is home to nearly 250,000 people. Although people making the move to apartments in Madison WI will have to deal with the cold winters, the summers here are well worth it. Madison is home to the largest producer-only farmers market in the United States, with more than 160 vendors selling regionally produced products.

Madison WI Apartments & Cost of Living

The majority of apartments in Madison WI were constructed in the 1980s and later, so people looking for a bit of historic charm may have some difficulty. According to Best Places, the overall cost of living is about 12 percent higher than the national average, but renters will notice the higher cost as a direct reflection of the high quality of life. If you're looking to ditch your car before moving to Madison apartments, you may want to look at rentals in the Capitol, South Campus, Marquette, Vilas and Greenbush neighborhoods, which are the most pedestrian-friendly.

Vibe & Neighborhoods in Madison Wisconsin

Whether you're looking for apartments in Madison, WI with a metropolitan vibe or near spacious green parks - Madison has it all. Hip young professionals can often be found in the Schenk-Atwood neighborhood, which is known for its tight-knit community vibe. Families may find the Vilas neighborhood to be a better suit, because this area has a suburban feel without distance restrictions from the city and all of its amenities. The Williamson-Marquette - more commonly referred to as Wil-Mar - area has a retro vibe, and is home to several festivals and eccentric businesses.

Madison Work & Study

Many apartments in Madison, WI are occupied by students who attend University of Wisconsin-Madison, which is a world-renowned institute with 20 different schools. Edgewood College, Madison Area Technical College and Herzing University, Madison are other area schools.

Throughout Dane County, renters in Madison apartments have access to a diverse economic environment. Some of the top employers include University of Wisconsin, Madison, UW Health, Epic Systems Corp, American Family Insurance and American Girl Brands. Based on employee engagement, sustainability and diversity, Coventry Village Retirement, UW Credit Union, First Choice Dental and The QTI Group are rated as the best places to work in Madison.

Madison Neighborhood Guides

If you're trying to find the best neighborhood that meets your needs, checkout our Madison neighborhood guides. These guides walk you though what its like to live in these neighborhoods


View More

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Middleton, WI 5.5 miles$1,647$2,279
Verona, WI 8.8 miles$1,617$1,972
Monona, WI 3.5 miles$1,345$1,745
Sun Prairie, WI 12.2 miles$1,414$1,760
McFarland, WI 7 miles$1,047$1,330
Fitchburg, WI 8.5 miles$1,575$2,005
Waunakee, WI 8.7 miles$1,216$1,475
Oregon, WI 10.2 miles$850$1,300
Cottage Grove, WI 10.2 miles$1,407$1,895
Stoughton, WI 14.2 miles$1,375$1,645