Property prices for rent in Madison (Wisconsin)

The rent prices in real estate in Madison, in the Wisconsin region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$1,668.67
Average price last 6 months
$1.96
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Madison has risen strongly during the last 6 months. In August, the average price per sq.feet was $1.69. In September this price barely changed remaining at $1.77 per sq.feet. In the following two months the price per sq.feet has risen 105 %, going from $1.73 to $1.83 per sq.feet. The price per sq.feet has had a considerable rise of 132 % 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 $1.78 to $2.34 during December, and January.

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 August, the average price is $1,619. In September This price remains at $1,578. In the following two months the average price has hardly changed with regard to the previous two months from $1,598.5 to $1,581. Based on an analysis of the first four prices and the last two months the average price has increased 115 % during the last two months.

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 $1,750 they are 6 % more affordable than the average price for Madison . The properties with the highest average price have 4 bedrooms, Their price is 89 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,274.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.56 / sq.feet, with an average $2.2 / sq.feet price in Madison. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.3 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,750 it is 56 % more affordable than the average price in Madison. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Office". At a price of $1,867 it is 20 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.49 / sq.feet followed by "House" priced at $2.3 / sq.feet. "Office" is the most expensive type of property with a $2.41 / sq.feet value followed by "House" with an average price of $2.3 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Madison
Number of properties used in region Wisconsin
$1,750
$2.2
15,758
102,362
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Preserve West The Juneberry Deluxe
 1
Preserve West The Juneberry Deluxe
$2,190
Madison, Wisconsin - For Rent - Apartment - 1,880 sq.feet - 3 bedrooms - 2 bathrooms
Preserve west is located at 78 kessel court madison, wi and is managed by northland, a reputable property management company with verified listings on rentcafe. Preserve...
Preserve West The Walnut Deluxe
 1
Preserve West The Walnut Deluxe
$1,550
Madison, Wisconsin - For Rent - Apartment - 1,453 sq.feet - 2 bedrooms - 2 bathrooms
Preserve west is located at 78 kessel court madison, wi and is managed by northland, a reputable property management company with verified listings on rentcafe. Preserve...
Preserve West The Lily Deluxe
 1
Preserve West The Lily Deluxe
$1,550
Madison, Wisconsin - For Rent - Apartment - 1,584 sq.feet - 2 bedrooms - 2 bathrooms
Preserve west is located at 78 kessel court madison, wi and is managed by northland, a reputable property management company with verified listings on rentcafe. Preserve...
Preserve West The Evergreen Deluxe
 1
Preserve West The Evergreen Deluxe
$1,575
Madison, Wisconsin - For Rent - Apartment - 1,564 sq.feet - 2 bedrooms - 2 bathrooms
Preserve west is located at 78 kessel court madison, wi and is managed by northland, a reputable property management company with verified listings on rentcafe. Preserve...
Preserve West The Spiraea Deluxe
 1
Preserve West The Spiraea Deluxe
$1,550
Madison, Wisconsin - For Rent - Apartment - 1,362 sq.feet - 2 bedrooms - 2 bathrooms
Preserve west is located at 78 kessel court madison, wi and is managed by northland, a reputable property management company with verified listings on rentcafe. Preserve...