Signature Pointe
2015 E Springs Dr,
Madison, WI 53704
Studio - 3 Beds | $1,410 - $2,645
Rental Market Trends in Madison, WI
Updated July 2026
The average rent in Madison, WI is $1,514/month.
Rent in Madison is roughly equal to the national average rent of of $1,663/month.
$1,514/month
Average Rent
710 Sq Ft
Average Size
+0.7%
Change / Year
10,105
Available Apartments
Madison rent varies by unit size and layout:
- Studio apartments in Madison average $1,262 per month.
- One-bedroom apartments in Madison average $1,514 per month.
- Two-bedroom apartments in Madison average $1,867 per month.
- Three-bedroom apartments in Madison average $2,280 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Madison, WI?
In the past year, rent has increased by 0.7%, which averages out to $11 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Madison, WI
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
11%
$700 - $1,000/month
36%
$1,001 - $1,500/month
34%
$1,501 - $2,000/month
17%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Madison?
Based on current rent prices, Hawthorne, Burr Oaks and Bram's Addition are the most affordable neighborhoods in Madison.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Madison?
Based on current rent prices, Marquette-Dane, Tenney-Lapham and Downtown Madison are the most expensive neighborhoods in Madison.
Neighborhood
Average Rent
Average Sq Ft
Which Madison neighborhoods have the most rentals available?
The neighborhoods in Madison with the most apartments available are Downtown Madison, East Madison and West Madison .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Madison, WI?
Because the average rent in Madison is $1,514, you’ll want to make about $5,046 per month or $60,552 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Madison, WI is 3.8% higher than the national average. Generally, housing in Madison is 8.0% more expensive than the national average, with rent falling between $1,262 - $2,280. You can expect to pay 0.2% more for groceries, 2.7% less for utilities, and 3.9% less for transportation.
How does Madison, WI compare to other nearby cities and neighborhoods?
Use the tool below to compare Madison, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Madison Area GuideStudio
-
$1,553/month
One Bedroom
$1,033/month
$1,830/month
Two Bedroom
$1,058/month
$2,685/month
Three Bedroom
$1,300/month
$3,542/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Madison We Think You'll Love
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Frequently Asked Questions
What is the average rent in Madison?
The average rent in Madison is $1,514 per month, which is 9.0% lower than the national average of $1,663.
What is the average rent for a house in Madison?
The average rent for a house in Madison, WI is $2,901 per month.
What is the average rent for a townhome in Madison?
The average rent for a townhome in Madison, WI is $2,122 per month.
What is the average rent for a condo in Madison?
The average rent for a condo in Madison, WI is $1,593 per month.
Are rents going up or down in Madison?
Rents in Madison, WI are increasing, with prices up 0.7% year-over-year and $11 more per month.
What rent range is most common in Madison?
In Madison, WI, 36% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.