Property Prices in Madison, WI, United States

Index Info
Price to Income Ratio: 4.00
Mortgage as Percentage of Income: 35.70%
Loan Affordability Index: 2.80
Price to Rent Ratio - City Centre: 10.32
Price to Rent Ratio - Outside of Centre: 10.40
Gross Rental Yield (City Centre): 9.69%
Gross Rental Yield (Outside of Centre): 9.61%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,637.78 $ 1,200.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,370.77 $ 1,000.00-1,700.00
Apartment (3 bedrooms) in City Centre 2,931.25 $ 2,000.00-3,600.00
Apartment (3 bedrooms) Outside of Centre 2,118.75 $ 1,800.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 341.66 $ 290.00-600.00
Price per Square Feet to Buy Apartment Outside of Centre 270.66 $ 220.00-500.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,119.65 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.47 5.60-6.80

These data are based on 126 entries in the past 18 months from 27 different contributors.
Last update: April 2024

Sources and References
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