Property Prices in Madison, WI, United States

Index Info
Price to Income Ratio: 3.81
Mortgage as Percentage of Income: 33.44%
Loan Affordability Index: 2.99
Price to Rent Ratio - City Centre: 11.79
Price to Rent Ratio - Outside of Centre: 8.08
Gross Rental Yield (City Centre): 8.48%
Gross Rental Yield (Outside of Centre): 12.37%
Rent Per Month
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1 Bedroom Apartment in City Centre $1,717.86 1,500.00-2,300.00
1 Bedroom Apartment Outside of City Centre $1,472.50 1,200.00-1,800.00
3 Bedroom Apartment in City Centre $2,958.00 2,500.00-5,500.00
3 Bedroom Apartment Outside of City Centre $2,461.00 2,080.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $402.43 259.57-413.42
Price per Square Feet to Buy Apartment Outside of Centre $233.51 233.00-235.97
Salaries And Financing
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Average Monthly Net Salary (After Tax) $4,486.79
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.25 6.00-6.98

These data are based on 140 entries from 23 contributors over the past 18 months.
Last update: 4 May 2026

Sources and References
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