Apartments in 53716

1 - 13 of 13 Results
46
$1,129 - 2,395
1216 E Broadway Monona, WI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Surface Parking
17
$1,230 - 1,675
5.0
2232 W Broadway St Madison, WI
2 BR | Nov. 1, 2024
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
Air Conditioning
44
$2,095
Madison, WI
2 BR | Nov. 1, 2024
Contact
Dog Friendly
Cat Friendly
House
Lake Edge
42
$2,699
Monona, WI
3 BR | Nov. 1, 2024
Contact
Storage
Dishwasher
24
$3,250
Monona, WI
4 BR | Dec. 6, 2024
Contact
House
Air Conditioning
Storage
Dishwasher
30
$2,950
Monona, WI
3 BR | Nov. 1, 2024
Contact
House
Air Conditioning
Storage
Dishwasher
48
$2,799
Monona, WI
3 BR | Nov. 1, 2024
Contact
Storage
Dishwasher
11
$1,445
204 St Teresa Ter Monona, WI
2 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
7
$1,045
101 Femrite Dr Monona, WI
1 BR | Nov. 5, 2024
Contact
Cat Friendly
Storage
Disability Access
9
$1,500
Monona, WI
2 BR | Available Now
Contact
House
Storage
2
$1,450
4033 Monona Dr Madison, WI
1 BR | Available Now
Contact
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Fitness Center
Storage
0
$1,595
Madison, WI
2 BR | Available Now
Contact
Dishwasher
Elvehjem
0
$1,465 - 1,925
5001 Monona Dr Monona, WI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
1 - 13 of 13 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 $1,130 $1,050 - $1,470
2BR $1,640 $1,310 - $2,020
3BR $2,400 $1,480 - $2,950
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 46 units available for rent in 53716, with an average rent of $1,640. The minimum rent for a 1-bedroom floor plan starts at $1,045.

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.

Madison:
October Rent Report

Welcome to the October 2024 Madison Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 2024 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

$1,800
$1,350
$900
$450
$0
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
1 BR       2 BR

Madison Rent Prices Decrease From September to October

Madison rent prices decreased over the last month. From September to October, the city experienced a -0.13% decrease for the price of a one-bedroom apartment. The rent price for a Madison one-bedroom apartments currently stands at $1,583.0.

When we take a look at the two-bedroom comparison from September to October, Madison experienced a 0.12% increase for the price of a two-bedroom apartment. The rent price for a Madison two-bedroom apartments currently stands at $1,698.0.

October Prices: Madison vs. Surrounding Areas

Middleton, WI
Verona, WI
Madison, WI
Fitchburg, WI
De Forest, WI
Waunakee, WI
Sun Prairie, WI
$1,671
$1,628
$1,585
$1,423
$1,399
$1,352
$1,345
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Madison and Surrounding Areas

Rent prices have decreased 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 1 of the Madison suburb increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Waunakee, WI .

  • Rent decreased in Fitchburg, WI, Middleton, WI, Sun Prairie, WI, De Forest, WI, Verona, WI.

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

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

October 2024 Pricing Trends: Madison vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Madison, WI
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,189
$3,067
$2,364
$2,363
$1,886
$1,585
$1,360
$1,243
$1,173
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Madison Rent Prices More Affordable Than Major Cities

Rent growth in Madison over the past year has been declining. 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 $1,585.0 -1.00% $1,696.0 -1.28%
Fitchburg, WI $1,423.0 -1.45% $1,653.0 -2.71%
Middleton, WI $1,671.0 0.00% $2,114.0 -1.72%
Sun Prairie, WI $1,345.0 -3.38% $1,749.0 -5.10%
De Forest, WI $1,399.0 -0.71% $1,868.0 -0.11%
Verona, WI $1,628.0 -0.97% $2,046.0 -1.26%
Waunakee, WI $1,352.0 0.22% $1,946.0 0.67%

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.