GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Madison Wi

The average rent in Madison, WI is around $1,300 per month.

Statistic 1

"The average rent for a three-bedroom apartment in Madison is $1,848,"

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Statistic 2

"The average rent for an apartment in Downtown Madison is $1,658,"

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Statistic 3

"The cost of living in Madison is 0.7% above the national average, with housing being the highest factor in the cost of living difference,"

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Statistic 4

"The vacancy rate in Madison, WI is approximately 3.1%,"

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Statistic 5

"Over half of Madison, WI renters pay 30 percent or more of their income on housing,"

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Statistic 6

"The median monthly gross residential rent in Madison, WI was $982 in 2019,"

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Statistic 7

"Large apartment buildings are the most common housing type in Madison, making up 45.29% of the city's housing units,"

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Statistic 8

"In 2020, about 56.22% of the population of Madison, WI were renters,"

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