Madison, WI housing market
Typical home value
$425K
▲ 2.5% 1 yr
Typical rent
$1,837/mo
▲ 1.8% 1 yr
Gross rent yield
5.2%
U.S. 6.3%
5-year home value change
+28%
U.S. +20%
Key takeaways
- 1The typical home in Madison is worth $424,543, up 2.5% over the past year and up 28% over five years.
- 2Typical rent is $1,837 a month (+1.8% YoY), a gross rent yield of 5.2% (above the Madison, WI metro's 4.8%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,333/mo, $496 more than typical rent.
- 4Zillow forecasts the Madison, WI metro's home values to change +3.6% over the next 12 months.
Market temperature (Madison, WI metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 52/100, #109 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Madison compares
| Measure | Madison | Madison, WI metro | United States |
|---|---|---|---|
| Typical home value | $424,543 | $445,747 | $366,157 |
| Home value, 1-yr change | +2.5% | +3.1% | +1.2% |
| Typical rent | $1,837 | $1,780 | $1,932 |
| Rent, 1-yr change | +1.8% | +2.1% | +2.7% |
| Gross rent yield | 5.2% | 4.8% | 6.3% |
| Price-to-rent ratio | 19.3 | 20.9 | 15.8 |
| Mortgage P&I, typical home | $2,333 | $2,450 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Madison rental, pre-filled.
Rent vs buy in Madison
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $425K home.
Other cities in the Madison, WI metro
Sun Prairie, WI
$442K home$1,636 rent
▲ 3.6% 1 yr
Fitchburg, WI
$504K home$1,661 rent
▲ 0.8% 1 yr
Middleton, WI
$614K home$1,584 rent
▲ 2.3% 1 yr
Verona, WI
$591K home$1,992 rent
▲ 1.3% 1 yr
De Forest, WI
$449K home$1,741 rent
▲ 3.1% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.