What's the average rent in Madison, WI?

Rental Market Trends in Madison, WI

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Madison, WI is $1,666 per month, which is 15% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,666

0.6%$10 increase month-over-month

-1.9%-$33 decrease year-over-year

AVAILABLE RENTALS

996

APARTMENTS

$1,797

HOUSES

$2,777

TOWNHOUSES

$2,300

As of July 2026, apartments are the most affordable rental option in Madison, WI at $1,797 per month, while houses are the most expensive at $2,777 per month. Townhomes average $2,300 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,746
3 Bedrooms	$2,450
4 Bedrooms	$2,985
All	$1,666

As of July 2026, the average rent for a 1 bedroom rental in Madison, WI is $1,400 per month, followed by $1,746 for a 2 bedroom rental, $2,450 for a 3 bedroom rental, and $2,985 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,065
2 Bedrooms	$2,000
3 Bedrooms	$2,500
4 Bedrooms	$2,800
All	$2,300

As of July 2026, the average rent for a 1 bedroom townhome in Madison, WI is $1,065 per month, followed by $2,000 for a 2 bedroom townhome, $2,500 for a 3 bedroom townhome, and $2,800 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,550
3 Bedrooms	$2,299
4 Bedrooms	$2,645
All	$1,495

As of July 2026, the average rent for a 1 bedroom apartment in Madison, WI is $1,350 per month, followed by $1,550 for a 2 bedroom apartment, $2,299 for a 3 bedroom apartment, and $2,645 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$3,717
2 Bedrooms	$2,450
3 Bedrooms	$2,645
4 Bedrooms	$3,433
All	$2,777

As of July 2026, the average rent for a 1 bedroom house in Madison, WI is $3,717 per month, followed by $2,450 for a 2 bedroom house, $2,645 for a 3 bedroom house, and $3,433 for a 4 bedroom house.