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312 S Park St
(608) 716-2476
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Lake Park
(608) 636-8078
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408 W Mifflin St
(608) 400-0433
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Parkview Apartments
(608) 255-8600
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640 West
(608) 573-8600
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8 Twenty Park
(608) 515-9254
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218 S Bassett St
(608) 233-4351
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Bassettville Apartments -- Hellenbrand
(608) 927-4566
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University Square
(608) 233-7368
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High Street Apartment
(608) 636-8062
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Inez Apartments
(608) 233-7368
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Ambassador West
(608) 233-7368
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217 N Bassett -- 3BR/2BA
(608) 820-3095
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215 N Bassett St
(608) 640-3948
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219 N. Bassett Street Apartments
(608) 292-2564
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221 N Bassett -- 9BR / 3BA
(608) 820-3095
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437 West Johnson - 10BR /3.5 BA
(608) 820-3095
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406 W Mifflin St
(608) 597-1065
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15 Coyne Ct
(608) 480-5378
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Clover Commons
(608) 292-5448
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Times Square Apartments -- Hellenbrand
(608) 927-4524
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Lucky
(608) 636-8186
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The Sofia
(608) 561-9822
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325 S Hamilton St
(608) 255-8633
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The Varsity
(608) 580-5952
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420 West
(608) 470-6372
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Hub Madison
(608) 509-4103
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210 N Charter
(608) 292-5944
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The Post Apartments
(608) 441-9999
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The Regent
(608) 636-8186
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Apartments in Monona Bay Madison

1 of 108 Results
18
3D Tour
$1,995
312 S Park St
Madison, WI
5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
House
In Unit Laundry
7
3D Tour
$1,750 - 2,600
Lake Park
451 W Wilson St Madison, WI
1 - 2 BR | Aug. 1, 2023
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
7
$925
408 W Mifflin St
Madison, WI
1 BR | Aug. 16, 2023
Contact
Heat Included
House
Surface Parking
Capitol
21
$755 - 1,160
Parkview Apartments
2.7
725 W Washington Ave Madison, WI
Studio - 2 BR | Ask for Availability
Contact
Heat Included
Cat Friendly
Student
Air Conditioning
Covered Parking
8
3D Tour
$1,730 - 1,825
640 West
4.8
640 W Wilson St Madison, WI
1 BR | Jul. 1, 2023
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
52
Call for Pricing
8 Twenty Park
4.3
903 Delaplaine Ct Madison, WI
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Surface Parking
9
$740 - 895
218 S Bassett St
Madison, WI
Studio - 1 BR | Aug. 15, 2023
Contact
Heat Included
Furnished
Air Conditioning
Storage
Capitol
15
$685 - 925
Bassettville Apartments -- Hellenbrand
111 S Bassett St Madison, WI
Studio - 1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Surface Parking
Capitol
33
3D Tour
$1,469 - 1,539
University Square
212 Marion St Madison, WI
1 BR | Aug. 15, 2023
Contact
Heat Included
Student
Virtual Tour
Air Conditioning
UW Madison Campus
5
$1,230
High Street Apartment
5.0
922 High St Madison, WI
2 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Surface Parking
Storage
29
3D Tour
$1,409 - 1,509
Inez Apartments
3.0
511 W Johnson St Madison, WI
Studio - 1 BR | Aug. 15, 2023
Contact
Student
Virtual Tour
Air Conditioning
Disability Access
Capitol
21
$1,109 - 1,619
Ambassador West
4.0
434 W Mifflin St Madison, WI
Studio - 1 BR | Aug. 15, 2023
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Student
Air Conditioning
Fitness Center
Capitol
1
$2,497
217 N Bassett -- 3BR/2BA
217 N Bassett Madison, WI
3 BR | Aug. 21, 2023
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House
Capitol
9
$3,975 - 5,600
215 N Bassett St
Madison, WI
5 BR | Aug. 15, 2023
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House
Air Conditioning
Dishwasher
Capitol
6
$1,995 - 3,200
219 N. Bassett Street Apartments
3.8
219 N Bassett St Madison, WI
3 - 4 BR | Aug. 15, 2023
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House
Surface Parking
Balcony, Deck, Patio
Capitol
1
$5,997
221 N Bassett -- 9BR / 3BA
221 N Bassett Madison, WI
9+ BR | Aug. 21, 2023
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House
Balcony, Deck, Patio
Capitol
1
3D Tour
$7,297
437 West Johnson - 10BR /3.5 BA
437 West Johnson Madison, WI
10+ BR | Aug. 25, 2023
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Virtual Tour
House
Capitol
5
$945
406 W Mifflin St
Madison, WI
1 BR | Aug. 16, 2023
Contact
Heat Included
Surface Parking
Balcony, Deck, Patio
Capitol
6
$1,495 - 1,995
15 Coyne Ct
Madison, WI
2 - 3 BR | Aug. 16, 2023
Contact
Heat Included
Dog Friendly
Cat Friendly
Surface Parking
UW Madison Campus
14
$3,895
Clover Commons
1320 Bowen Ct Madison, WI
4 BR | Aug. 15, 2023
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Air Conditioning
Covered Parking
Surface Parking
Balcony, Deck, Patio
Disability Access
9
$865 - 1,245
Times Square Apartments -- Hellenbrand
3.1
402 W Dayton St Madison, WI
Studio - 1 BR | Available Now
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Air Conditioning
Covered Parking
Surface Parking
Balcony, Deck, Patio
Capitol
33
3D Tour
$600 - 2,600
PER
ROOM
Lucky
4.3
777 University Ave Madison, WI
1 - 4 BR | Available Now
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Heat Included
Furnished
Cat Friendly
Student
Virtual Tour
1
$1,800 - 2,250
The Sofia
1252 S Park St Madison, WI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
12
$1,080 - 1,460
325 S Hamilton St
Madison, WI
1 - 2 BR | Ask for Availability
Contact
Air Conditioning
Covered Parking
In Unit Laundry
Balcony, Deck, Patio
Dishwasher
6
3D Tour
$1,017 - 1,717
PER
ROOM
The Varsity
405 N Lake St Madison, WI
Studio - 4 BR | Aug. 14, 2023
Contact
Furnished
Student
Virtual Tour
Air Conditioning
In Unit Laundry
5
3D Tour
$3,125
420 West
2.3
420 W Gorham St Madison, WI
4 BR | Available Now
Contact
Heat Included
Furnished
Student
Virtual Tour
Covered Parking
26
$975
PER
ROOM
Hub Madison
Deal
2.4
437 N. Frances Madison, WI
5 BR | Available Now
Contact
Furnished
Student
Virtual Tour
Air Conditioning
Covered Parking
4
3D Tour
$2,065
210 N Charter
4.0
210 N Charter St Madison, WI
2 BR | Available Now
Contact
Heat Included
Furnished
Student
Virtual Tour
Covered Parking
15
$1,495 - 2,950
The Post Apartments
Deal
131 E Lakeside St Madison, WI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
52
3D Tour
$600 - 1,500
PER
ROOM
The Regent
3.8
1402 Regent St Madison, WI
Studio - 3 BR | Available Now
Contact
Heat Included
Furnished
Student
Virtual Tour
Air Conditioning
1 - 30 of 108 Results
  1. Home
  2. Madison
  3. Monona Bay

How much does it cost to rent an apartment in Madison?

Madison Apartments
Bed Type Average Rent Range
Studio $1,100 $500 - $1,720
1BR $1,440 $830 - $2,380
2BR $1,660 $910 - $3,440
3BR $2,060 $1,230 - $3,840
4+BR $2,630 $1,190 - $7,000
Frequently Asked Questions

How many apartments are available in Madison, WI on Rentable.co?

Rentable.co has over 36,786 apartments available in Madison.

What is the average rent for a studio apartment in Madison, WI?

The average rent for a studio apartment in Madison is around $1,100 per month.

What is the average rent for a one-bedroom apartment in Madison, WI?

The average rent for a one-bedroom apartment in Madison is around $1,440 per month.

What is the average rent for a two-bedroom apartment in Madison, WI?

The average rent for a two-bedroom apartment in Madison is around $1,660 per month.

How expensive is living in Madison, WI?

Based on average rent prices in Madison, to afford a studio apartment you would need an annual salary of $44,000 to live comfortably.

Asset 2
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Apartments Under $700
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Madison:
June Rent Report

Welcome to the June 2023 Madison Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2023 key findings and figures for the Madison rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Madison and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Madison average rent prices in the chart below.

Monthly Rent Report

Madison Rent Prices Increase From May to June

Madison rent prices increased over the last month. From May to June, the city experienced a 3.2% increase for the price of a one-bedroom apartment. The rent price for a Madison one-bedroom apartments currently stands at $1,451.0.

When we take a look at the two-bedroom comparison from May to June, Madison experienced a 0.63% increase for the price of a two-bedroom apartment. The rent price for a Madison two-bedroom apartments currently stands at $1,610.0.

June Prices: Madison vs. Surrounding Areas

Rent Prices in Madison and Surrounding Areas

Rent prices have increased in Madison over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Madison suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Fitchburg, WI, Middleton, WI, Sun Prairie, WI, Verona, WI, Waunakee, WI .

  • Rent decreased in De Forest, WI.

  • 2 suburbs are currently priced higher than the city of Madison.

  • 4 suburbs are currently priced lower than the city of Madison.

June 2023 Pricing Trends: Madison vs. National Comparisons

Madison Rent Prices More Affordable Than Major Cities

Rent growth in Madison over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Madison average rent prices appear to be relatively affordable for local residents.

The price for a Madison one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Madison and surrounding area rent prices, take a look at the complete data set below.

Data set for Madison and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Madison, WI $1,406.0 6.44% $1,600.0 2.63%
Fitchburg, WI $1,311.0 3.80% $1,439.0 0.91%
Middleton, WI $1,645.0 2.62% $2,096.0 3.10%
Sun Prairie, WI $1,399.0 2.27% $1,470.0 -0.34%
Verona, WI $1,373.0 15.28% $1,736.0 16.51%
De Forest, WI $1,517.0 -0.39% $1,923.0 1.10%
Waunakee, WI $1,360.0 1.27% $1,739.0 0.00%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.