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11 Studio Apartments for rent in Madison, WI

Last updated November 12 at 11:54pm UTC
Brownridge Terrace
639 Pleasant View Rd
Madison, WI
Updated November 12 at 6:03pm UTC
Studio
$1,020
102 N Franklin St
Capitol
Madison, WI
Updated November 12 at 5:33pm UTC
Studio
$875
511 W. Johnson St
Downtown Madison
Madison, WI
Updated November 12 at 9:44am UTC
Studio
$789
2509 Perry St
Burr Oaks
Madison, WI
Updated November 8 at 8:45pm UTC
Studio
$725
881 W Beltline Hwy
Madison
Madison, WI
Updated November 8 at 8:44pm UTC
Studio
$550
132 N. Breese Ter.
Regent
Madison, WI
Updated October 9 at 9:34am UTC
Studio
$12,295
200 Prairie Heights Dr
Verona
Verona, WI
Updated November 8 at 8:45pm UTC
Studio
$899
Results within 1 miles of Madison, WI
434 W. Mifflin St
Downtown Madison
Madison, WI
Updated November 12 at 9:44am UTC
Studio
$629
Results within 5 miles of Madison, WI
520 Washington
Downtown Madison
Madison, WI
Updated November 12 at 9:44am UTC
Studio
$770

November 2018 Madison Rent Report

Welcome to the November 2018 Madison Rent Report. Madison rents increased over the past month. In this report, we'll evaluate trends in the Madison rental market, including comparisons to similar cities nationwide.

View full Madison Rent Report
Rent Report
Madison

November 2018 Madison Rent Report

Welcome to the November 2018 Madison Rent Report. Madison rents increased over the past month. In this report, we'll evaluate trends in the Madison rental market, including comparisons to similar cities nationwide.

Madison rents increased significantly over the past month

Madison rents have increased 0.4% over the past month, and have increased slightly by 1.4% in comparison to the same time last year. Currently, median rents in Madison stand at $830 for a one-bedroom apartment and $1,000 for a two-bedroom. Madison's year-over-year rent growth leads the state average of 0.6%, as well as the national average of 1.1%.

Madison rents more affordable than many large cities nationwide

As rents have increased slightly in Madison, a few large cities nationwide have seen rents grow more quickly. Madison is still more affordable than most large cities across the country.

  • Madison's median two-bedroom rent of $1,000 is below the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 1.4% increase in Madison.
  • While Madison's rents rose slightly over the past year, the city of Seattle saw a decrease of 1.3%.
  • Renters will find more reasonable prices in Madison than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than three times the price in Madison.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start 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, comparing only units that are available across both time periods 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. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.