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Prices and availability in Madison, WI were last updated on 21 Sep 2026.
The best apartments in Madison, WI are: Preserve West, Two Points Crossing, Signature Pointe, Brighton Square and Lake Point Terrace.
The average rent in Madison, WI is $1,725.
The price range for a studio apartment in Madison, WI is between $500 and $3,564.
The price range for a 1-bedroom apartment in Madison, WI is between $500 and $7,555.
The price range for a 2-bedroom apartment in Madison, WI is between $684 and $8,290.
The price range for a 3-bedroom apartment in Madison, WI is between $763 and $14,045.
In Madison 54% of the housing is rented out compared to 46% of homes are owned, according to the most recent Census Bureau estimates. 26% of Madison's apartments are found in large buildings of 50 units or more, 66% are located in smaller apartment complexes with less than 50 units, and 7% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Madison are about 30 years old, on average. Of these, 49% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 5 stories. About 82% of the rental communities here are low-rise, garden-style communities, 22% are mid-rises, and 13% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Rental apartments in Madison come in a range of sizes and floorplans. Studio apartments represent 7% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 45% of the total apartments in the city, while 2-bedroom floorplans represent around 39% of all rentals in Madison. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
