Property Prices in Madison, WI, United States

Index Info
Price to Income Ratio: 3.03
Mortgage as Percentage of Income: 27.24%
Loan Affordability Index: 3.67
Price to Rent Ratio - City Centre: 8.43
Price to Rent Ratio - Outside of Centre: 8.38
Gross Rental Yield (City Centre): 11.86%
Gross Rental Yield (Outside of Centre): 11.93%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,625.00 $ 1,200.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,359.23 $ 1,200.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,900.00 $ 2,200.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,312.50 $ 2,000.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 276.58 $ 250.00-290.00
Price per Square Feet to Buy Apartment Outside of Centre 225.28 $ 220.00-233.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,454.10 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.55 6.19-6.80

These data are based on 134 entries in the past 18 months from 31 different contributors.
Last update: January 2025

Sources and References
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