Apartments in Orchard Ridge Madison

91 - 101 of 101 Results
2
$1,600 - 1,900
Fitchburg, WI
3 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
2
$1,395
Madison, WI
1 BR | Available Now
Contact
Cat Friendly
Storage
Dishwasher
Stone Meadows
11
$1,570
Madison, WI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
10
$940 - 1,220
6902 East Pass Madison, WI
1 - 2 BR | Available Now
Contact
Luxury
Section 8
Air Conditioning
Covered Parking
Balcony/Deck/Patio
$1,845
2893 Mickelson Pkwy Fitchburg, WI
2 BR | Jul. 1, 2024
Contact
Cat Friendly
Dishwasher
$1,550
2893 Mickelson Pkwy Fitchburg, WI
1 BR | Jul. 1, 2024
Contact
Cat Friendly
$1,515
2893 Mickelson Pkwy Fitchburg, WI
1 BR | Sep. 1, 2024
Contact
Cat Friendly
$1,415
2899 Mickelson Pkwy Fitchburg, WI
1 BR | Aug. 1, 2024
Contact
Cat Friendly
$1,530
2899 Mickelson Pkwy Fitchburg, WI
1 BR | Aug. 1, 2024
Contact
Cat Friendly
$1,910
2899 Mickelson Pkwy Fitchburg, WI
2 BR | Aug. 1, 2024
Contact
Cat Friendly
43
3D Tour
$1,320 - 2,180
2892 Mickelson Pkwy #100 Fitchburg, WI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
91 - 101 of 101 Results
  1. Home
  2. Madison
  3. Orchard Ridge

Madison:
June Rent Report

Welcome to the June 2024 Madison Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
1 BR       2 BR

Madison Rent Prices Increase From May to June

Madison rent prices increased over the last month. From May to June, the city experienced a 3.72% increase for the price of a one-bedroom apartment. The rent price for a Madison one-bedroom apartments currently stands at $1,563.0.

When we take a look at the two-bedroom comparison from May to June, Madison experienced a 0.57% increase for the price of a two-bedroom apartment. The rent price for a Madison two-bedroom apartments currently stands at $1,750.0.

June Prices: Madison vs. Surrounding Areas

Verona, WI
Middleton, WI
Madison, WI
De Forest, WI
Sun Prairie, WI
Fitchburg, WI
Waunakee, WI
$1,670
$1,627
$1,507
$1,506
$1,471
$1,392
$1,340
$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, 3 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.

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

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

June 2024 Pricing Trends: Madison vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Madison, WI
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,132
$3,030
$2,390
$2,331
$1,905
$1,507
$1,353
$1,259
$1,203
$0
$1,350
$2,700
$4,050
$5,400
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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Madison, WI $1,507.0 3.79% $1,740.0 1.52%
Sun Prairie, WI $1,471.0 -2.97% $2,033.0 -5.40%
Fitchburg, WI $1,392.0 6.10% $1,672.0 6.63%
Middleton, WI $1,627.0 -0.67% $2,262.0 -0.40%
Verona, WI $1,670.0 2.20% $1,900.0 10.08%
De Forest, WI $1,506.0 -0.99% $1,934.0 1.47%
Waunakee, WI $1,340.0 0.38% $1,765.0 0.97%

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.