Property Prices in Madison, WI, United States

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Index
Price to Income Ratio:	3.31
Mortgage as Percentage of Income:	29.65%
Loan Affordability Index:	3.37
Price to Rent Ratio - City Centre:	8.95
Price to Rent Ratio - Outside of Centre:	8.81
Gross Rental Yield (City Centre):	11.17%
Gross Rental Yield (Outside of Centre):	11.35%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,548.89 $	1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre	1,328.46 $	1,000.00-1,500.00
Apartment (3 bedrooms) in City Centre	2,772.22 $	2,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre	2,093.75 $	1,900.00-2,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	280.33 $	231.98-290.00
Price per Square Feet to Buy Apartment Outside of Centre	223.99 $	220.00-231.98
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	4,105.56 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.53	5.60-6.80

These data are based on 121 entries in the past 18 months from 25 different contributors.
Last update: June 2024

Sources and References

Nearby cities:

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Property Prices in Stevens Point, Wisconsin	110.47 miles
Property Prices in Kenosha, Wisconsin	114.38 miles
Property Prices in Streamwood, Illinois	116.68 miles
Property Prices in Batavia, Illinois	125.17 miles
Property Prices in Aurora, Illinois	138.10 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	64,600.00
GDP Growth Rate:	1.94%
Population Growth Rate:	0.68%