Cheap Apartments for Rent in 53716
34 rentals
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SPECIAL OFFER$1,395 - $4,250/mo
Studio-3 Beds
0-2 BathsBloom Monona Apartments | 4607 Monona Dr #219,
Madison, WI 53716
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Apartments For Rent Near 53716
We found 30 more apartments matching your filters just outside 53716
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Average Rent Trends in 53716
Rent in 53716 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Apr 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,861 |
| Jun 2025 | $2,300 |
| Jul 2025 | $2,095 |
| Aug 2025 | $1,875 |
| Sep 2025 | $1,795 |
| Oct 2025 | $1,958 |
| Nov 2025 | $1,872 |
| Dec 2025 | $2,000 |
| Jan 2026 | $1,750 |
| Feb 2026 | $2,000 |
| Mar 2026 | $2,000 |
| Apr 2026 | $2,133 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,473 | $1,865 | $2,150 | $2,900 | $1,950 |
| Apartments and Condos | $1,550 | $1,325 | $2,150 | — | $1,950 |
| Houses | — | $2,400 | $2,800 | $2,900 | $2,800 |
Frequently Asked Questions about Rentals in 53716
- What is the average rent in 53716?The average rent in 53716 is $1,700. Rent prices range from $1,100 to as much as $2,800, depending on the type of rental.
- How does the rent in 53716 compare to the national average?Average rent in 53716 is about 11% lower than the national average rent of $1,910. That means it is less expensive to rent in 53716 compared to the U.S. average.
- What is the average rent in 53716, by number of bedrooms?The average rent in 53716 is $1,576 for a studio, $1,425 for a 1 bedroom, $1,445 for a 2 bedroom, $2,150 for a 3 bedroom, and $2,900 for a 4 bedroom.
- How have rent prices in 53716 changed compared to last year?In the past year, the average rent price in 53716 has decreased by $133. That means the average rent is 8% lower than last year.
- How many available rental listings are in 53716?There are 35 available rental listings in 53716.
- What are some cities near 53716?Some nearby cities include: Monona, Madison, Blooming Grove, Maple Bluff, McFarland, Shorewood Hills. These cities may have more rental options to explore.