What's the average rent in Madison, WI?

Rental Market Trends in Madison, WI

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Madison, WI is $1,630 per month, which is 16% lower than the national average rent of $1,930 per month.

AVERAGE RENT

$1,630

-1.2%-$20 decrease month-over-month

-4.0%-$67 decrease year-over-year

AVAILABLE RENTALS

1,107

APARTMENTS

$1,869

HOUSES

$2,900

TOWNHOUSES

$2,100

As of May 2026, apartments are the most affordable rental option in Madison, WI at $1,869 per month, while houses are the most expensive at $2,900 per month. Townhomes average $2,100 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,401
2 Bedrooms	$1,750
3 Bedrooms	$2,475
4 Bedrooms	$2,995
All	$1,650

As of May 2026, the average rent for a 1 bedroom rental in Madison, WI is $1,401 per month, followed by $1,750 for a 2 bedroom rental, $2,475 for a 3 bedroom rental, and $2,995 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,895
3 Bedrooms	$2,500
4 Bedrooms	—
All	$2,100

As of May 2026, the average rent for a 2 bedroom townhome in Madison, WI is $1,895 per month, followed by $2,500 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,359
2 Bedrooms	$1,600
3 Bedrooms	$2,025
4 Bedrooms	$2,450
All	$1,500

As of May 2026, the average rent for a 1 bedroom apartment in Madison, WI is $1,359 per month, followed by $1,600 for a 2 bedroom apartment, $2,025 for a 3 bedroom apartment, and $2,450 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,700
2 Bedrooms	$2,000
3 Bedrooms	$2,800
4 Bedrooms	$3,200
All	$2,800

As of May 2026, the average rent for a 1 bedroom house in Madison, WI is $1,700 per month, followed by $2,000 for a 2 bedroom house, $2,800 for a 3 bedroom house, and $3,200 for a 4 bedroom house.