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Lake Park
(608) 636-8078
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Cardinal Apartments
(608) 927-4647
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135 S Hancock St
(608) 467-2001
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The Current
(608) 327-4027
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405 Moorland Rd
(608) 292-4414
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The Post Apartments
(608) 441-9999
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Brighton Square
(608) 447-6199
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2500 Rimrock Apartments
(608) 630-9050
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Femrite Commons
(608) 879-8093
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600 Femrite Drive
(608) 420-5511
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Artisan Village
(608) 260-7232
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2116 Fisher St
(608) 256-2799
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325 S Hamilton St
(608) 255-8633
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The Madison Mark
(608) 268-1384
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151 East Wilson
(608) 856-3287
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218 S Bassett St
(608) 233-4351
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404 E Wilson St
(608) 245-0753
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640 West
(608) 573-8600
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The Pressman
(844) 937-0578
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127-129 S Hancock St
(608) 245-0753
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121 S Hancock St
(608) 245-0753
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Bassettville Apartments -- Hellenbrand
(608) 927-4566
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126 S Franklin St
(608) 467-2001
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106 S Hancock St
(608) 257-1000
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406 W Mifflin St
(608) 597-1065
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408 W Mifflin St
(608) 400-0433
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Ambassador West
(608) 233-7368
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Madison Capitol Penthouse
(612) 308-6434
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Times Square Apartments -- Hellenbrand
(608) 927-4524
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210 State St
(608) 292-2720
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Apartments in Waunona Neighborhood Madison

1 of 36 Results
7
3D Tour
$1,750 - 2,600
Lake Park
451 W Wilson St Madison, WI
1 - 2 BR | Aug. 1, 2023
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
5
$1,225 - 1,395
Cardinal Apartments
3.0
416 E. Wilson St. Madison, WI
1 BR | Aug. 1, 2023
Contact
Cat Friendly
Virtual Tour
Storage
Dishwasher
Capitol
8
$915 - 1,075
135 S Hancock St
Madison, WI
Studio - 1 BR | Available Now
Contact
Heat Included
Cat Friendly
Air Conditioning
Surface Parking
Storage
29
3D Tour
$1,385 - 2,720
The Current
800 West Broadway Monona, WI
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
3
$1,115 - 1,830
405 Moorland Rd
Madison, WI
Studio - 3 BR | Available Now
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Cat Friendly
Balcony, Deck, Patio
Storage
Dishwasher
15
$1,495 - 2,950
The Post Apartments
Deal
131 E Lakeside St Madison, WI
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
16
$1,181
Brighton Square
3.4
354 Kent Lane Madison, WI
1 BR | Jun. 9, 2023
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Dog Friendly
Cat Friendly
Air Conditioning
21
$1,050
2500 Rimrock Apartments
2.6
2500 Rimrock Road Madison, WI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
Air Conditioning
10
3D Tour
$1,065
Femrite Commons
512 Femrite Drive Monona, WI
1 BR | Available Now
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Cat Friendly
Virtual Tour
Air Conditioning
Storage
Dishwasher
10
$1,400
600 Femrite Drive
Monona, WI
2 BR | Jul. 15, 2023
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Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
40
$845 - 895
Artisan Village
2845 Oregon Road Madison, WI
1 BR | Available Now
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Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
11
$750 - 845
2116 Fisher St
Madison, WI
2 BR | Sep. 15, 2023
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Heat Included
Dog Friendly
Cat Friendly
Income Restricted
Storage
12
$1,080 - 1,460
325 S Hamilton St
Madison, WI
1 - 2 BR | Ask for Availability
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Air Conditioning
Covered Parking
In Unit Laundry
Balcony, Deck, Patio
Dishwasher
26
$2,210 - 3,200
The Madison Mark
2.8
132 E Wilson St Madison, WI
2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
12
3D Tour
$1,390 - 3,970
151 East Wilson
2.3
151 E Wilson Madison, WI
Studio - 3 BR | Jun. 15, 2023
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
9
$740 - 895
218 S Bassett St
Madison, WI
Studio - 1 BR | Aug. 15, 2023
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Heat Included
Furnished
Air Conditioning
Storage
Capitol
16
$1,045
404 E Wilson St
Madison, WI
Studio | Sep. 1, 2023
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Heat Included
Cat Friendly
Virtual Tour
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
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
21
3D Tour
$3,250
The Pressman
117 South Hamilton Street Madison, WI
2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
In Unit Laundry
27
$1,569
127-129 S Hancock St
Madison, WI
2 BR | Aug. 1, 2023
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Heat Included
Cat Friendly
Virtual Tour
Balcony, Deck, Patio
7
$845
121 S Hancock St
Madison, WI
Studio | Aug. 1, 2023
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
15
$685 - 925
Bassettville Apartments -- Hellenbrand
111 S Bassett St Madison, WI
Studio - 1 BR | Available Now
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Cat Friendly
Air Conditioning
Surface Parking
Capitol
4
$935
126 S Franklin St
Madison, WI
Studio | Jul. 1, 2023
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Heat Included
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
3
$930
106 S Hancock St
3.0
Madison, WI
Studio | Jul. 1, 2023
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Heat Included
Cat Friendly
Virtual Tour
Storage
Capitol
5
$945
406 W Mifflin St
Madison, WI
1 BR | Aug. 16, 2023
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Heat Included
Surface Parking
Balcony, Deck, Patio
Capitol
7
$925
408 W Mifflin St
Madison, WI
1 BR | Aug. 16, 2023
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Heat Included
House
Surface Parking
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
21
$9,000
Madison Capitol Penthouse
100 Wisconsin Ave #1200 Madison, WI
3 BR | Ask for Availability
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Air Conditioning
Covered Parking
In Unit Laundry
Balcony, Deck, Patio
Storage
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
7
$1,400 - 2,175
210 State St
Madison, WI
2 - 3 BR | Available Now
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Dog Friendly
Air Conditioning
Den
Capitol
1 - 30 of 36 Results
  1. Home
  2. Madison
  3. Waunona Neighborhood

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.