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Studio Apartments for Rent in Madison, WI - 84 Rentals available

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Madison, WI Demographics

  • Total Population243,122
  • Female 119,844
    Male 123,278
  • Median Age30.9

Average Rent in Madison, WI

  • Madison, WI Average Rental Price, January 2019$1,208/mo

Madison, WI Apartment Rent Ranges

  • $501-$7003%
  • $701-$1,00042%
  • $1,001-$1,50039%
  • $1,501-$2,00010%
  • > $2,0007%

Madison, WI Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jan / 2019
Madison, WI $1,148 $1,156 $1,157 $1,175 $1,186 $1,176 $1,193 $1,193 $1,208
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Madison, WI Households

  • Total Number of Households104,087
  • Family 50,256
    Non-family 53,831
  • Children 23,758
    No Children 80,329
  • Average People Per Household2.22
  • Median Household Income$54,896
  • Median Housing Costs Per Month$1,091

Madison, WI Education Statistics

  • No High School2%
  • Some High School19%
  • Some College26%
  • Associate Degree6%
  • Bachelor Degree28%
  • Graduate Degree19%

Renting a studio apartment in Madison, WI

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Madison, WI is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 39 listings with a total of 84 units, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time. Already a fan of living small? Why don’t you check out our selection of one room apartments—there’s always a better deal out there, you just have to know where to look for it (Bram's Addition is the cheapest neighborhood in town—wink wink).

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. The Madison, WI average rent is currently at $1,303, but a single-bedroom apartment in Madison, WI can be yours for as low as $725 per month. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Madison, WI with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Madison, WI costs a monthly $2,820.