Property Prices in Madison, WI, United States

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Index
Price to Income Ratio:	3.22
Mortgage as Percentage of Income:	28.85%
Loan Affordability Index:	3.47
Price to Rent Ratio - City Centre:	9.07
Price to Rent Ratio - Outside of Centre:	8.75
Gross Rental Yield (City Centre):	11.02%
Gross Rental Yield (Outside of Centre):	11.43%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,493.33 $	1,100.00-2,000.00
Apartment (1 bedroom) Outside of Centre	1,339.17 $	1,000.00-1,500.00
Apartment (3 bedrooms) in City Centre	2,768.75 $	2,000.00-3,400.00
Apartment (3 bedrooms) Outside of Centre	2,068.75 $	1,800.00-2,250.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	278.39 $	231.98-290.00
Price per Square Feet to Buy Apartment Outside of Centre	222.39 $	220.00-231.98
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	4,184.57 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.52	5.60-6.80

These data are based on 111 entries in the past 18 months from 24 different contributors.
Last update: May 2024

Sources and References

Nearby cities:

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Property Prices in Kenosha, Wisconsin	114.38 miles
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Property Prices in Aurora, Illinois	138.10 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	64,600.00
GDP Growth Rate:	1.94%
Population Growth Rate:	0.68%