Property Prices in Madison, WI, United States

Index Info
Price to Income Ratio: 3.44
Mortgage as Percentage of Income: 30.81%
Loan Affordability Index: 3.25
Price to Rent Ratio - City Centre: 9.32
Price to Rent Ratio - Outside of Centre: 8.29
Gross Rental Yield (City Centre): 10.73%
Gross Rental Yield (Outside of Centre): 12.06%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,679.17 $ 1,200.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,374.62 $ 1,200.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,115.00 $ 2,600.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,305.00 $ 2,000.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 321.43 $ 250.00-550.00
Price per Square Feet to Buy Apartment Outside of Centre 223.99 $ 220.00-231.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,261.37 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.50 5.60-6.80

These data are based on 142 entries in the past 18 months from 28 different contributors.
Last update: December 2024

Sources and References
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