Apartments in 53716

1 - 5 of 5 Results
$1,515 - 1,550
2232 W Broadway St Madison, WI
2 BR | Available Now
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
Air Conditioning
5217 Monona Drive Monona, WI
2 BR | Available Now
Dog Friendly
Cat Friendly
$1,255 - 1,305
Monona, WI
2 BR | Available Now
Cat Friendly
Disability Access
4033 Monona Dr Madison, WI
2 BR | Available Now
Surface Parking
Fitness Center
Disability Access
Monona, WI
4 BR | Nov. 21, 2023
Air Conditioning
1 - 5 of 5 Results
  1. Home
  2. Madison
  3. 53716

How much does it cost to rent an apartment in 53716?

53716 apartments
Bed Type Average Rent Range
1BR $1,450 $1,450 - $1,450
2BR $1,310 $940 - $2,280
Find an Apartment in 53716
Looking for apartments for rent near 53716 in Madison, WI? Rentable has a variety of options available in this zip code. Currently, there are 11 units available for rent in 53716, with an average rent of $1,310. The minimum rent for a 2-bedroom floor plan starts at $937.

If you're searching for apartments near 53716, Madison, WI, Rentable has you covered. Take a look at the available options in this area and find the perfect place to call home.

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

Nov. 2022
Dec. 2022
Jan. 2023
Feb. 2023
Mar. 2023
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
1 BR       2 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

Middleton, WI
Verona, WI
De Forest, WI
Madison, WI
Sun Prairie, WI
Stoughton, WI
Fitchburg, 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
Washington, DC
Chicago, IL
Columbus, OH
Madison, WI
Minneapolis, MN
Pittsburgh, PA
Median Rent

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
Madison, WI $1,424.0 -1.93% $1,606.0 0.31%
Middleton, WI $1,699.0 1.19% $2,176.0 0.69%
Fitchburg, WI $1,339.0 -0.82% $1,521.0 2.70%
Sun Prairie, WI $1,414.0 0.64% $1,469.0 0.82%
Stoughton, WI $1,375.0 0.00% $1,662.0 1.10%
Verona, WI $1,631.0 -0.49% $2,097.0 0.96%
De Forest, WI $1,509.0 0.40% $2,040.0 1.34%


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.