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Madison, WI Houses For Rent

Beds

370 Properties

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 6/21/2024

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 6/21/2024

*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 6/21/2024

Rent Ranges

Apartment PricesProportion
0%
4%
24%
33%
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%
Oregon$1,095--
Whitewater$1,095--
Waunakee$985--
Portage$800--
Janesville$775+3%
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%
Janesville$1,266+24%
Waunakee$1,216+12%
Whitewater$1,195--
Wisconsin Dells$1,050--
McFarland$1,047+7%
Beaver Dam$895+2%
Delavan$881-14%
Watertown$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%
Wisconsin Dells$1,695--
Stoughton$1,645--
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%
Roscoe$1,300--
Portage$1,135+3%
Baraboo$1,125-4%
Watertown$1,020+9%
Oconomowoc$960-50%
Beaver Dam$955+17%
Fort Atkinson$945--
Monroe$740--

Compare Neighborhoods

Waunona

$950

1 Bed Avg. Rent

Mansion Hill

$960

1 Bed Avg. Rent

Spring Harbor

$995

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 Waunona, Mansion Hill, and Spring Harbor, where average rents for 1-bedroom apartments stand at $950, $960, and $995 respectively. Additional areas offering value are State-Langdon and Bram's Addition, where the rents are $1,012 and $1,062, 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, Dudgeon - Monroe, and Old Market Place. A 1-bedroom apartment in First Settlement averages at $3,067, in Dudgeon - Monroe it averages $1,995, and in Old Market Place, the average is $1,839. For additional high-end living options, Third Lake Ridge Historic District offers 1-bedroom apartments at $1,837, and Marquette at $1,837. 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 Westmorland, Rocky Bluff, and Spring Harbor. In Westmorland, the average rent for a 1-bedroom apartment is $1,600. Rocky Bluff sees average rents of $1,350 for a 1-bedroom unit. Spring Harbor offers similar appeal with 1-bedroom apartments averaging $995. For those seeking other popular areas, Regent presents 1-bedroom apartments at $1,329, and Near West at $1,334. 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%
Starkweather - Yahara$1,390+2%
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%
South East Madison$1,2240%
Ridgewood$1,139+23%
Rocky Bluff$1,100+13%
Near East$1,100+29%
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%
Near West$999-13%
Regent$999-13%
Mifflin$994-11%
Third Lake Ridge Historic District$950--
Marquette$950--
State-Langdon$8120%
Neighborhood1 Bed Avg RentAnnual Change
Dudgeon - Monroe$1,995--
Old Market Place$1,839+8%
Third Lake Ridge Historic District$1,837--
Marquette$1,837--
Tenney-Lapham$1,812+6%
Isthmus$1,777+51%
Bay Creek$1,724+5%
Starkweather - Yahara$1,690+5%
Sprecher East$1,682+18%
Johnson Street Bend$1,649+9%
North West Madison$1,637-1%
South Madison$1,634+12%
Westmorland$1,6000%
North East Madison$1,509+3%
James Madison Park$1,500+5%
South East Madison$1,480-1%
Schenk - Atwood$1,415+5%
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%
Sherman$1,195--
Mifflin$1,184-13%
South Campus$1,132--
Bram's Addition$1,062-3%
State-Langdon$1,0120%
Spring Harbor$995--
Mansion Hill$960-15%
Waunona$950+5%
Neighborhood2 Beds Avg RentAnnual Change
First Settlement$3,899--
Dudgeon - Monroe$2,880--
Third Lake Ridge Historic District$2,850--
Marquette$2,850--
Tenney-Lapham$2,849+13%
Old Market Place$2,849+13%
Isthmus$2,724+93%
Schenk - Atwood$2,595+69%
Bay Creek$2,500+9%
Starkweather - Yahara$2,265+4%
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%
Near West$2,000+10%
Westmorland$2,0000%
North East Madison$1,999+4%
Rocky Bluff$1,912--
Sherman$1,895--
South East Madison$1,785+13%
Sprecher East$1,775+9%
South West Madison$1,755+3%
Mifflin$1,699--
Midvale Heights$1,695--
Sunset Village$1,650--
Greenbush$1,600--
Ridgewood$1,499+20%
North Madison$1,495+27%
Arbor Hills$1,450--
Mansion Hill$1,420--
Sandburg$1,395--
South Campus$1,390-1%
Near East$1,385+16%
State-Langdon$1,3800%
Bram's Addition$1,345+35%
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

Find Houses in Nearby Cities

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