Homes & Apartments for Rent in 53719

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What to Know About

Living in 53719

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 June 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 26.9% ($387) higher than the Wisconsin average of $1,437 and 1.5% ($27) higher than the U.S. average of $1,797.

Average Rent
$1,824
Monthly ChangeMonth Over Month Change
Decreased0.4% ($8)
Yearly ChangeYear Over Year Change
Increased1% ($18)
Avg. Days on MarketAverage Days on Market
48
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,586 Decreased0.9% ($14) Decreased0.9% ($14)
2 Beds $1,982 Decreased0.7% ($14) Decreased1.3% ($26)
3 Beds $2,639 Increased0.3% ($7) Increased3.3% ($84)
Nearby Cities Average Rent Avg. Rent vs. MadisonAverage Rent vs. Madison Avg. Days on MarketAverage Days on Market
Middleton $1,821 Decreased0.2% ($3) 45 days
McFarland $1,704 Decreased6.6% ($120) 47 days
Waunakee $1,848 Increased1.3% ($24) 45 days
Windsor $1,533 Decreased16% ($291) 41 days
Oregon $1,580 Decreased13.4% ($244) 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 $1,824 per month.
Homes in Madison typically rent for between $1,110 and $3,431 per month, with an average of $1,824 per month.
In Madison, the average rent for a 1-bedroom home is $1,586 per month, for a 2-bedroom home, $1,982 per month, and a 3-bedroom home is $2,639 per month.
The average rent in Madison is 1.5% ($27) higher than the national average of $1,797 per month.
The average rent in Madison has decreased by 0.4% ($8) in the last month and increased by 1.0% ($18) 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 423 rental properties available in Madison, WI.
Based on the current averages, a household would need an annual income of $79,280 to comfortably afford a 2-bedroom home in Madison.
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