Apartments in 53716

1 - 12 of 12 Results
38
$1,125
201 Tompkins Drive Monona, WI
1 BR | Jun. 1, 2024
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Heat Included
Cat Friendly
Air Conditioning
Storage
Glendale
12
$1,430 - 1,675
5.0
2232 W Broadway St Madison, WI
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Income Restricted
Air Conditioning
1
3D Tour
$1,105 - 1,175
512 Femrite Drive Monona, WI
1 BR | May. 1, 2024
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Cat Friendly
Virtual Tour
Air Conditioning
Storage
Dishwasher
11
$1,460 - 1,465
204 St Teresa Ter Monona, WI
2 BR | Jun. 14, 2024
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Cat Friendly
Storage
Disability Access
9
$2,050
Madison, WI
3 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
East Buckeye
7
$2,000
Monona, WI
2 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
Storage
Bridge-Lakepoint
8
$1,650
6204 & 6206 East Gate Monona, WI
3 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
27
$3,495
Monona, WI
3 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
House
24
$3,100
Monona, WI
4 BR | Aug. 31, 2024
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House
Air Conditioning
Storage
Dishwasher
2
$1,050
Monona, WI
Studio - 1 BR | Available Now
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Cat Friendly
Storage
Lake Edge
2
$1,500 - 2,000
4033 Monona Dr Madison, WI
1 - 2 BR | Available Now
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Air Conditioning
Surface Parking
Balcony/Deck/Patio
Fitness Center
Storage
9
$1,500
Monona, WI
2 BR | Jun. 1, 2024
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House
Storage
1 - 12 of 12 Results
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  3. 53716

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

53716 apartments
Bed Type Average Rent Range
Studio $1,050 $1,050 - $1,050
1BR $1,130 $1,050 - $1,500
2BR $1,500 $1,460 - $2,000
3BR $1,850 $1,430 - $3,500
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 18 units available for rent in 53716, with an average rent of $1,430. The minimum rent for a 1-bedroom floor plan starts at $1,050.

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:
April Rent Report

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

$1,750
$1,310
$880
$440
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Madison Rent Prices Increase From March to April

Madison rent prices increased over the last month. From March to April, the city experienced a 1.95% increase for the price of a one-bedroom apartment. The rent price for a Madison one-bedroom apartments currently stands at $1,414.0.

When we take a look at the two-bedroom comparison from March to April, Madison experienced a 0.78% increase for the price of a two-bedroom apartment. The rent price for a Madison two-bedroom apartments currently stands at $1,689.0.

April Prices: Madison vs. Surrounding Areas

Middleton, WI
Verona, WI
Sun Prairie, WI
De Forest, WI
Madison, WI
Stoughton, WI
Waunakee, WI
Fitchburg, WI
$1,650
$1,597
$1,552
$1,527
$1,414
$1,375
$1,333
$1,246
$0
$550
$1,100
$1,650
$2,200
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, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Fitchburg, WI, Verona, WI, Waunakee, WI .

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

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

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

April 2024 Pricing Trends: Madison vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Madison, WI
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,414
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Madison, WI $1,414.0 1.95% $1,689.0 0.78%
Sun Prairie, WI $1,552.0 -0.77% $2,237.0 -0.62%
Middleton, WI $1,650.0 -1.08% $2,265.0 1.03%
Fitchburg, WI $1,246.0 1.80% $1,477.0 3.14%
De Forest, WI $1,527.0 -0.20% $1,863.0 -0.32%
Verona, WI $1,597.0 0.95% $1,630.0 2.32%
Stoughton, WI $1,375.0 0.00% $1,335.0 -9.37%
Waunakee, WI $1,333.0 0.08% $1,748.0 1.39%

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.