Property prices for rent in Madison (Wisconsin)

The rent prices in real estate in Madison, in the Wisconsin region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.

$1,705.83
Average price last 6 months
$2.14
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Madison has fallen during the last 6 months. In December, the average price per sq.feet was $2.32. In January this price barely changed remaining at $2.28 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.3 to $2.28 per sq.feet. The price per sq.feet has had a considerable fall of 80 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.29 to $1.84 during April, and May.

Average price

When referring to the price in Madison (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $1,713. In January This price remains at $1,685. In the following two months the average price has hardly changed with regard to the previous two months from $1,699 to $1,741. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,720 and $1,677.5 between April and May.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,634 they are 4 % more affordable than the average price for Madison . The properties with the highest average price have 3 bedrooms, Their price is 52 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,125.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.46 / sq.feet, with an average $1.84 / sq.feet price in Madison. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.86 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,634 it is 5 % more affordable than the average price in Madison. "" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $2,373 it is 85 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.83 / sq.feet followed by "Condo" priced at $1.86 / sq.feet. "Townhouse" is the most expensive type of property with a $2.92 / sq.feet value followed by "Condo" with an average price of $1.86 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Madison
Number of properties used in region Wisconsin
$1,634
$1.84
13,486
72,124
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
2 Bedroom Condo For Rent At 7710 Radcliffe Dr, Madison, Wi 53719
 11
2 Bedroom Condo For Rent At 7710 Radcliffe Dr, Madison, Wi 53719
$1,575
Madison, Wisconsin - For Rent - Condo - 970 sq.feet - 2 bedrooms - 1 bathroom
Sublease alert! Lease term until 10/31/2024, available for 12 month renewal after at $1650 at high point commons, you'll find an unbeatable west-side location,...
2 Bedroom Apartment For Rent At 7502 Carrington Dr, Madison, Wi 53719
 7
2 Bedroom Apartment For Rent At 7502 Carrington Dr, Madison, Wi 53719
$1,525
Madison, Wisconsin - For Rent - Apartment - 1,000 sq.feet - 2 bedrooms - 1 bathroom
Ask about our security deposit special! At high point commons, you'll find an unbeatable west-side location, an affordable price, and dignified living within...
2 Bedroom Apartment For Rent At 7741 Radcliffe Dr, Madison, Wi 53719
 8
2 Bedroom Apartment For Rent At 7741 Radcliffe Dr, Madison, Wi 53719
$1,650
Madison, Wisconsin - For Rent - Apartment - 965 sq.feet - 2 bedrooms - 1 bathroom
Ask about our security deposit special!At high point commons, you'll find an unbeatable west-side location, an affordable price, and dignified living within...
2 Bedroom Apartment For Rent At 7722 Carrington Dr, Madison, Wi 53719
 1
2 Bedroom Apartment For Rent At 7722 Carrington Dr, Madison, Wi 53719
$1,625
Madison, Wisconsin - For Rent - Apartment - 1,000 sq.feet - 2 bedrooms - 1 bathroom
Sublet alert! (6/7/2024 - 8/31/2024) renewal available!At high point commons, you'll find an unbeatable west-side location, an affordable price, and dignified...
2 Bedroom Condo For Rent At 7742 Radcliffe Dr, Madison, Wi 53719
 8
2 Bedroom Condo For Rent At 7742 Radcliffe Dr, Madison, Wi 53719
$1,650
Madison, Wisconsin - For Rent - Condo - 1,008 sq.feet - 2 bedrooms - 1 bathroom
Ask about our security deposit special! At high point commons, you'll find an unbeatable west-side location, an affordable price, and dignified living within...