Property Prices in Madison, WI, United States

Index Info
Price to Income Ratio: 3.16
Mortgage as Percentage of Income: 28.12%
Loan Affordability Index: 3.56
Price to Rent Ratio - City Centre: 7.62
Price to Rent Ratio - Outside of Centre: 7.65
Gross Rental Yield (City Centre): 13.12%
Gross Rental Yield (Outside of Centre): 13.07%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,750.29 $ 1,450.00-2,300.00
1 Bedroom Apartment Outside of City Centre 1,488.75 $ 1,200.00-1,800.00
3 Bedroom Apartment in City Centre 3,309.09 $ 2,800.00-5,500.00
3 Bedroom Apartment Outside of City Centre 2,533.64 $ 2,000.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 276.58 $ 250.00-290.00
Price per Square Feet to Buy Apartment Outside of Centre 225.28 $ 220.00-233.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,279.78 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.45 6.19-6.90

These data are based on 148 entries from 27 contributors over the past 18 months.
Last update: 6 November 2025

Sources and References
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