Short Term Rentals in Madison, WI

1 of 8 Results
20
3D Tour
$3,100
Arbor Crossing
5.0
2715 Marshall Ct Madison, WI
2 BR | Aug. 1, 2023
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
Air Conditioning
14
$1,395 - 3,600
Lyric
4.2
1010 E Washington Ave Madison, WI
Studio - 2 BR | Aug. 1, 2023
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Furnished
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
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
26
$2,210 - 3,200
The Madison Mark
2.8
132 E Wilson St Madison, WI
2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
10
$990
Willow Cove
2950 Tomahawk Court Middleton Madison, WI
1 BR | Aug. 1, 2023
Contact
Heat Included
Virtual Tour
Air Conditioning
Surface Parking
Balcony, Deck, Patio
12
$1,650
4801 Kim Lane
Madison, WI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
3
$930
106 S Hancock St
3.0
Madison, WI
Studio | Jul. 1, 2023
Contact
Heat Included
Cat Friendly
Virtual Tour
Storage
Capitol
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How much does it cost to rent a short term rental apartment in Madison?

short term rental apartments
Bed Type Average Rent Range
Studio $2,400 $930 - $2,490
1BR $1,860 $990 - $2,580
2BR $3,100 $1,650 - $3,200
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
Madison Short Term Rentals vs. Madison Average

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.