How many apartments are available in 53703 on Rentable.co?
Rentable.co has 148 apartments available for rent in 53703.
What is the average rent for an apartment in 53703?
The average rent for an apartment in 53703 is around $2,000 per month.
What is the average rent for a studio apartment in 53703?
The average rent for a studio apartment in 53703 is around $1,952 per month.
What is the average rent for a one-bedroom apartment in 53703?
The average rent for a one-bedroom apartment in 53703 is around $1,875 per month.
What is the average rent for a two-bedroom apartment in 53703?
The average rent for a two-bedroom apartment in 53703 is around $890 per month.
Find an Apartment in 53703
Looking for an apartment or house to rent in the 53703 area? Look no further! Right now, there are 713 units available for rent in this area on Rentable. The average rent in 53703 is $2,100, with studio units starting at $576.
The most popular neighborhoods in 53703 are Capitol, UW Madison Campus, and Tenney-Lapham. Living in Capitol, you'll be right in the heart of Madison, surrounded by an array of restaurants, shops, and nightlife. The UW Madison Campus neighborhood offers a vibrant atmosphere and easy access to campus facilities, making it perfect for students or those seeking a lively community. Tenney-Lapham is known for its picturesque views of Lake Mendota and its proximity to parks like Tenney Park and James Madison Park, providing ample opportunities for outdoor recreation.
Ready to find your next rental? Take a look at Rentable's apartments in 53703 and discover the one that perfectly matches what you're looking for. Whether you prefer the bustling city life of Capitol, the energetic college atmosphere of UW Madison Campus, or the tranquility of Tenney-Lapham, there's an apartment in 53703 waiting for you. Start your search today and find your dream home in Madison, WI.
Madison: October Rent Report
Welcome to the October 2023 Madison Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
October 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
1 BR2 BR
Madison Rent Prices Increase From September to October
Madison rent prices increased over the last month. From September to October, the city experienced a 0.57% increase for the price of a one-bedroom apartment. The rent price for a Madison one-bedroom apartments currently stands at $1,408.0.
When we take a look at the two-bedroom comparison from September to October, Madison experienced a 0.87% increase for the price of a two-bedroom apartment. The rent price for a Madison two-bedroom apartments currently stands at $1,615.0.
October Prices: Madison vs. Surrounding Areas
De Forest, WI
Sun Prairie, WI
Median 1 BR Rent
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 3 of the Madison suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Middleton, WI, Sun Prairie, WI, De Forest, WI .
Rent decreased in Fitchburg, WI, Stoughton, WI, Verona, WI.
4 suburbs are currently priced higher than the city of Madison.
2 suburbs are currently priced lower than the city of Madison.
October 2023 Pricing Trends: Madison vs. National Comparisons
New York, NY
San Francisco, CA
Los Angeles, CA
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 October
1 BR M/M % Change
2 BR October
2 BR M/M % Change
Sun Prairie, WI
De Forest, WI
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.