Madison Rent Report: June 2026

Welcome to the Apartment List June 2026 Rent Report for Madison, WI. Currently, the overall median rent in the city stands at $1,596, roughly the same as last month. Prices remain up 1.3% year-over-year. Read on to learn more about what’s been happening in the Madison rental market and how it compares to trends throughout the nation as a whole.

The median rent in Madison fell by 0.1% over the course of May, and has now increased by a total of 1.3% over the past 12 months. Madison’s rent growth over the past year has has fallen behind the state average (2.6%) but has outpaced the national average (-1.5%).

Five months into the year, rents in Madison have risen 2.7%. This is a faster rate of growth compared to what the city was experiencing at this point last year: from January to May 2025 rents had decreased 1.3%.

Madison rents went down 0.1% in the past month, compared to the national rate of 0.5%. Among the nation's 100 largest cities, this ranks #89. Similar monthly rent growth took place in Garland, TX (-0.1%) and San Antonio, TX (-0.1%).

Citywide, the median rent currently stands at $1,461 for a 1-bedroom apartment and $1,678 for a 2-bedroom. Across all bedroom sizes (ie, the entire rental market), the median rent is $1,596. That ranks #36 in the nation, among the country's 100 largest cities.

For comparison, the median rent across the nation as a whole is $1,211 for a 1-bedroom, $1,365 for a 2-bedroom, and $1,379 overall. The median rent in Madison is 15.7% higher than the national, and is similar to the prices you would find in Chandler, AZ ($1,596) and Norfolk, VA ($1,594).

Apartment List is committed to the accuracy and transparency of our rent estimates. We begin with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, capturing apartment transactions over time to provide an accurate picture of rent growth in cities across the country. Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. For more details, please see the Apartment List Rent Estimate Methodology.

Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.