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Yorktown Estates
(608) 636-8150
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Yorktown Apartments
(608) 680-3043
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Tree Lane Park Apartments
(608) 716-2177
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Parkwood Duplex Homes
(608) 600-0172
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Grand Canyon Apartments
(608) 736-8496
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Faircrest Apartments
(608) 680-2437
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Greenbriar Village
(608) 833-7474
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7606 Westward Way
(608) 238-2044
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Whitney Point
(608) 879-6967
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Highland Terrace Apartments
(608) 591-5106
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Brody Drive
(608) 879-6534
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Harbor Arms
(608) 580-5609
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Cedar Crest
(608) 234-4602
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7089 Watts Rd
(608) 292-5709
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University Crossing
(608) 736-8265
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Terrace View Apartments
(608) 256-2799
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Madison - Junction Court
(815) 706-4703
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Madison - Old Sauk Rd.
(815) 396-4218
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Prairie Park Senior
(608) 276-5785
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The Philben
(608) 631-5488
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Deco Apartments
(608) 892-8236
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Harbour Town
(608) 410-4434
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Cariad - NEW! Choose ANY summer move date! Opens 5/27
(608) 470-6169
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City Center
(920) 988-9190
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The Urbana
(608) 527-0098
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2070 Allen Blvd
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Junction Ridge
(608) 833-3389
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2060 Allen Blvd
(608) 256-2799
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Tailor Place
(608) 205-5145
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Middleton Commons
(608) 736-8205
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Apartments in Parkwood Hills Madison

1 of 44 Results
28
3D Tour
$1,710 - 2,995
Yorktown Estates
3.8
251 S. Yellowstone Drive Madison, WI
2 BR | Jun. 1, 2023
Contact
Balcony, Deck, Patio
Dishwasher
Faircrest
27
3D Tour
$1,480 - 1,675
Yorktown Apartments
10 Coronado Ct Madison, WI
2 BR | Jul. 1, 2023
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
30
3D Tour
$1,545
Tree Lane Park Apartments
5.0
7510 Tree Lane Madison, WI
2 BR | Aug. 1, 2023
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
2
$1,975 - 2,125
Parkwood Duplex Homes
Grand Canyon Court Madison, WI
3 BR | Jun. 9, 2023
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
26
3D Tour
$955 - 1,095
Grand Canyon Apartments
302 Grand Canyon Drive Madison, WI
Studio - 1 BR | Jun. 1, 2023
Contact
Heat Included
Cat Friendly
Virtual Tour
Air Conditioning
Balcony, Deck, Patio
5
$1,195
Faircrest Apartments
330 Island Drive Madison, WI
2 BR | Aug. 1, 2023
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
76
$1,060 - 1,605
Greenbriar Village
2.0
238 Randolph Drive Madison, WI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
8
$899
7606 Westward Way
Madison, WI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Oakbridge
21
$1,300 - 1,925
Whitney Point
5414 Mineral Point RD Madison, WI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
10
$1,150 - 1,225
Highland Terrace Apartments
5.0
5329 Old Middleton Road Madison, WI
1 BR | Sep. 1, 2023
Contact
Glen Oak Hills
6
$1,750
Brody Drive
5302 Brody Drive Madison, WI
2 BR | Jul. 1, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
6
$835 - 885
Harbor Arms
1309-1329 Temkin Ave Madison, WI
Studio - 1 BR | Aug. 1, 2023
Contact
Heat Included
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
25
3D Tour
$1,265 - 1,580
Cedar Crest
1203 Sweeney Drive Middleton, WI
1 - 2 BR | Jun. 1, 2023
Contact
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
1
$1,225
7089 Watts Rd
Madison, WI
2 BR | Sep. 5, 2023
Contact
House
Surface Parking
In Unit Laundry
Storage
Dishwasher
9
$1,950
University Crossing
Deal
5102 Silvertree St Madison, WI
1 BR | Available Now
Contact
In Unit Laundry
Balcony, Deck, Patio
Den
Dishwasher
16
3D Tour
$790 - 970
Terrace View Apartments
4.4
5021 Old Middleton Road Madison, WI
2 BR | Jun. 15, 2023
Contact
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
41
$2,400
Madison - Junction Court
55 Junction Ct Madison, WI
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Junction Ridge
39
$2,490
Madison - Old Sauk Rd.
45 Junction Ct Madison, WI
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Junction Ridge
47
$1,149 - 1,274
Prairie Park Senior
Deal
4.4
6530 Schroeder RD Madison, WI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
In Unit Laundry
16
$1,550 - 2,300
The Philben
6223 University Ave. Madison, WI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
37
3D Tour
$1,475 - 2,350
Deco Apartments
4.4
8310 Globe Dr Madison, WI
Studio - 2 BR | Jun. 1, 2023
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
22
$1,545 - 1,845
Harbour Town
260 Junction Road Madison, WI
1 - 2 BR | Jun. 1, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
6
$1,500 - 3,190
Cariad - NEW! Choose ANY summer move date! Opens 5/27
Deal
6230 University Ave Middleton, WI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
16
$1,050
City Center
Deal
554 Junction Rd Madison, WI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony, Deck, Patio
Storage
39
3D Tour
$1,390 - 2,340
The Urbana
5.0
5577 Odana Madison, WI
1 - 2 BR | Jun. 15, 2023
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
9
$790 - 960
2070 Allen Blvd
Middleton, WI
2 BR | Sep. 1, 2023
Contact
Heat Included
Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
7
$965 - 1,600
Junction Ridge
4.1
202 Junction Road Madison, WI
Studio - 2 BR | Ask for Availability
Contact
Section 8
Air Conditioning
Covered Parking
In Unit Laundry
Balcony, Deck, Patio
14
3D Tour
$790 - 970
2060 Allen Blvd
Middleton, WI
2 BR | Jul. 15, 2023
Contact
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
18
$1,185
Tailor Place
5.0
5630 Schroeder RD Madison, WI
1 BR | Jul. 1, 2023
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
9
3D Tour
$995 - 1,195
Middleton Commons
6509 University Avenue Middleton, WI
Studio - 1 BR | Jun. 1, 2023
Contact
Heat Included
Cat Friendly
Virtual Tour
Air Conditioning
Storage
1 - 30 of 44 Results
  1. Home
  2. Madison
  3. Parkwood Hills

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

Madison Apartments
Bed Type Average Rent Range
Studio $1,090 $510 - $1,720
1BR $1,450 $830 - $2,380
2BR $1,660 $910 - $3,420
3BR $2,060 $1,240 - $3,830
4+BR $2,660 $410 - $7,000
Frequently Asked Questions

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

Rentable.co has over 36,757 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 $1,090 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 $1,450 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 by Affordability
Apartments Under $700
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Madison:
May Rent Report

Welcome to the May 2023 Madison Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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 April to May

Madison rent prices increased over the last month. From April to May, the city experienced a 6.43% increase for the price of a one-bedroom apartment. The rent price for a Madison one-bedroom apartments currently stands at $1,406.0.

When we take a look at the two-bedroom comparison from April to May, Madison experienced a 2.63% increase for the price of a two-bedroom apartment. The rent price for a Madison two-bedroom apartments currently stands at $1,600.0.

May 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 6 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, Cottage Grove, WI, Waunakee, WI .

  • Rent decreased in De Forest, WI.

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

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

May 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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Madison, WI $1,321.0 5.93% $1,559.0 2.97%
Fitchburg, WI $1,263.0 3.36% $1,426.0 2.81%
Middleton, WI $1,603.0 2.82% $2,033.0 2.68%
Sun Prairie, WI $1,368.0 2.24% $1,475.0 1.10%
De Forest, WI $1,523.0 -0.33% $1,902.0 -0.63%
Verona, WI $1,191.0 4.57% $1,490.0 6.81%
Cottage Grove, WI $1,258.0 3.20% $1,800.0 0.84%
Waunakee, WI $1,343.0 4.11% $1,739.0 0.23%

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.