Homes & Apartments for Rent in 53713

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What to Know About

Living in 53713

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.

Rental Market Trends

Madison, WI

As of September 2026, Madison's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Madison's average rent is 23.0% ($331) higher than the Wisconsin average of $1,440 and 2.0% ($37) lower than the U.S. average of $1,808.

Average Rent
$1,771
Monthly ChangeMonth Over Month Change
Decreased1% ($17)
Yearly ChangeYear Over Year Change
Increased0.6% ($11)
Avg. Days on MarketAverage Days on Market
48
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,546 Decreased0.7% ($11) Decreased0.8% ($13)
2 Beds $1,909 Decreased1% ($20) Decreased0.7% ($14)
3 Beds $2,470 Decreased3.7% ($94) Increased2.5% ($61)
Nearby Cities Average Rent Avg. Rent vs. MadisonAverage Rent vs. Madison Avg. Days on MarketAverage Days on Market
Middleton $1,644 Decreased7.2% ($127) 45 days
McFarland $2,106 Increased18.9% ($335) 47 days
Waunakee $1,711 Decreased3.4% ($60) 45 days
Windsor $1,607 Decreased9.3% ($164) 41 days
Oregon $1,635 Decreased7.7% ($136) 46 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Madison Rental Market FAQs

Explore rental prices, market trends, and availability in Madison, WI.

The average rent in Madison, WI is $1,771 per month.
Homes in Madison typically rent for between $1,082 and $3,211 per month, with an average of $1,771 per month.
In Madison, the average rent for a 1-bedroom home is $1,546 per month, for a 2-bedroom home, $1,909 per month, and a 3-bedroom home is $2,470 per month.
The average rent in Madison is 2% ($37) lower than the national average of $1,808 per month.
The average rent in Madison has decreased by 1.0% ($17) in the last month and increased by 0.6% ($11) over the past year.
The rental market in Madison, WI, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Madison, WI, the average rental stays on the market for approximately 48 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 366 rental properties available in Madison, WI.
Based on the current averages, a household would need an annual income of $76,360 to comfortably afford a 2-bedroom home in Madison.
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