Property Prices in Madison, WI, United States

Index Info
Price to Income Ratio: 3.29
Mortgage as Percentage of Income: 23.59%
Loan Affordability Index: 4.24
Price to Rent Ratio - City Centre: 11.88
Price to Rent Ratio - Outside of Centre: 8.87
Gross Rental Yield (City Centre): 8.42%
Gross Rental Yield (Outside of Centre): 11.27%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 1,207.73 $ 950.00-1,500.00
Apartment (1 bedroom) Outside of Centre 960.45 $ 800.00-1,250.00
Apartment (3 bedrooms) in City Centre 2,049.32 $ 1,625.00-2,900.00
Apartment (3 bedrooms) Outside of Centre 1,623.18 $ 1,300.00-2,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 283.21 $ 246.13-417.10
Price per Square Feet to Buy Apartment Outside of Centre 168.02 $ 140.00-200.00
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 3,690.77 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.84 3.10-4.50

These data are based on 233 entries in the past 18 months from 38 different contributors.
Last update: November 2020

Sources and References
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