Madison, the capital of Wisconsin, is known for its beautiful scenery, active outdoor lifestyle, and prestigious universities. History enthusiasts can explore the Wisconsin State Capitol building or visit the Wisconsin Historical Museum to learn about the city's past. Madison is also home to the University of Wisconsin-Madison, a renowned educational institution. The local economy is diverse, combining government, education, healthcare, and technology jobs.
Take advantage of Madison's natural beauty with a hike in the Arboretum, a paddle on the serene Lake Mendota, or biking through the city's many parks and trails. Food lovers can indulge in cheese curds or craft beer at local eateries, strongly emphasizing locally sourced and sustainable food. In addition, it's the home to various significant events, such as the Farmer's Market, Wisconsin Film Festival, Art Fair on the Square, and the Great Taste of the Midwest beer festival, which highlight the city's unique culture and cuisine.
With its excellent schools, a strong sense of community, and high quality of life, Madison is consistently ranked as one of the best places to live in the United States, making it a great place to live.
As of November 2026, Madison's rental market is competitive, with rentals spending about 27 days on the market, faster than in Wisconsin (31), and rents about flat over the past year. Madison's average rent is 28.3% ($436) higher than the Wisconsin average of $1,539 and 3.0% ($61) lower than the U.S. average of $2,036.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,495 | 0.96% ($14) | 0.7% ($10) |
| 2 Beds | $1,988 | 0.29% ($6) | 0.6% ($12) |
| 3 Beds | $2,730 | 0.01% | 1.2% ($33) |
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