Property Prices in Madison, WI, United States

Index Info
Price to Income Ratio: 8.08
Mortgage as Percentage of Income: 71.68%
Loan Affordability Index: 1.40
Price to Rent Ratio - City Centre: 18.46
Price to Rent Ratio - Outside of Centre: 16.25
Gross Rental Yield (City Centre): 5.42%
Gross Rental Yield (Outside of Centre): 6.15%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,734.29 $ 1,100.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,272.93 $ 1,000.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,241.67 $ 3,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,164.29 $ 1,900.00-2,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 659.99 $ 400.00-874.99
Price per Square Feet to Buy Apartment Outside of Centre 408.75 $ 350.00-575.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,557.69 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.39 5.52-6.70

These data are based on 95 entries in the past 18 months from 21 different contributors.
Last update: September 2023

Sources and References
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