What's the average rent in Madison, WI?

Rental Market Trends in Madison, WI

SOURCE: TRULIA DATA

Rental market highlights

As of October 2026, the average rent in Madison, WI is $1,795 per month, which is 8% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,795

8.8%$145 increase month-over-month

1.8%$33 increase year-over-year

AVAILABLE RENTALS

994

APARTMENTS

$1,847

HOUSES

$2,750

TOWNHOUSES

$2,195

As of October 2026, apartments are the most affordable rental option in Madison, WI at $1,847 per month, while houses are the most expensive at $2,750 per month. Townhomes average $2,195 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,404
2 Bedrooms	$1,795
3 Bedrooms	$2,520
4 Bedrooms	$3,439
All	$1,795

As of October 2026, the average rent for a 1 bedroom rental in Madison, WI is $1,404 per month, followed by $1,795 for a 2 bedroom rental, $2,520 for a 3 bedroom rental, and $3,439 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,496
2 Bedrooms	$1,735
3 Bedrooms	$2,495
4 Bedrooms	$2,800
All	$2,195

As of October 2026, the average rent for a 1 bedroom townhome in Madison, WI is $1,496 per month, followed by $1,735 for a 2 bedroom townhome, $2,495 for a 3 bedroom townhome, and $2,800 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,575
3 Bedrooms	$2,450
4 Bedrooms	$3,749
All	$1,600

As of October 2026, the average rent for a 1 bedroom apartment in Madison, WI is $1,350 per month, followed by $1,575 for a 2 bedroom apartment, $2,450 for a 3 bedroom apartment, and $3,749 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,295
2 Bedrooms	$2,495
3 Bedrooms	$2,600
4 Bedrooms	$3,495
All	$2,750

As of October 2026, the average rent for a 1 bedroom house in Madison, WI is $1,295 per month, followed by $2,495 for a 2 bedroom house, $2,600 for a 3 bedroom house, and $3,495 for a 4 bedroom house.