Houses For Rent in Madison, WI

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What to Know About

Living in Madison, WI

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 March 2025, Madison's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Madison's average rent is 25.5% ($354) higher than the Wisconsin average of $1,389 and 2.5% ($45) lower than the U.S. average of $1,788.

Average Rent
$1,743
Monthly ChangeMonth Over Month Change
Increased2.8% ($48)
Yearly ChangeYear Over Year Change
Decreased2.7% ($48)
Avg. Days on MarketAverage Days on Market
48
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,515 Increased4.4% ($64) Decreased5.2% ($83)
2 Beds $1,938 Increased3% ($57) Decreased1.8% ($35)
3 Beds $2,606 Increased0.1% ($2) Increased4% ($100)
Nearby Cities Average Rent Avg. Rent vs. MadisonAverage Rent vs. Madison Avg. Days on MarketAverage Days on Market
Middleton $1,791 Increased2.8% ($48) 45 days
McFarland $1,618 Decreased7.2% ($125) 47 days
Waunakee $1,936 Increased11.1% ($193) 45 days
Windsor $1,799 Increased3.2% ($56) 41 days
Oregon $1,580 Decreased9.4% ($163) 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 $1,743 per month.
Houses in Madison typically rent for between $1,061 and $3,388 per month, with an average of $1,743 per month.
In Madison, the average rent for a 1-bedroom house is $1,515 per month, for a 2-bedroom house, $1,938 per month, and a 3-bedroom house is $2,606 per month.
The average rent in Madison is 2.5% ($45) lower than the national average of $1,788 per month.
The average rent in Madison has increased by 2.8% ($48) in the last month and decreased by 2.7% ($48) 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 424 rental properties available in Madison, WI.
Based on the current averages, a household would need an annual income of $77,520 to comfortably afford a 2-bedroom house in Madison.
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