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3 Bedroom Apartments for Rent in Madison, WI - 61 Rentals available

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Madison, WI Demographics

  • Total Population248,856
  • Female 123,054
    Male 125,802
  • Median Age31

Average Rent in Madison, WI

  • Madison, WI Average Rental Price, December 2019 $1,253 /mo

    Madison, WI Apartment Rent Ranges

    • $501-$7002%
    • $701-$1,00034%
    • $1,001-$1,50045%
    • $1,501-$2,00011%
    • > $2,0008%

    Madison, WI Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Dec / 2019
    Madison, WI $1,169 $1,188 $1,202 $1,192 $1,205 $1,211 $1,219 $1,234 $1,252 $1,256 $1,253
    National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474
    /

    Check out the average rent prices in Madison by neighborhood.

    Madison, WI Households

    • Total Number of Households107,890
    • Family 50,806
      Non-family 57,084
    • Children 23,288
      No Children 84,602
    • Average People Per Household2.2
    • Median Household Income$59,387
    • Median Housing Costs Per Month$1,151

    Madison, WI Education Statistics

    • No High School2%
    • Some High School19%
    • Some College19%
    • Associate Degree7%
    • Bachelor Degree32%
    • Graduate Degree20%

    Renting a 3 bedroom apartment in Madison, WI

    Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,103 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Madison, WI, rents on 3 bedroom apartments go up to $2,580. 42 rental properties offer 3 bedroom units in Madison, WI to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

    Tips on finding a cheap 3 bedroom apartment in Madison, WI

    For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $690 in Madison, WI, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!