MarketsMadison
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Madison skyline

Madison WI

Current market read
Landlord’s market
ConditionFirm
RentersLandlords
The yearly data still reads a landlord's market, but the faster monthly signals are easing.
From public data. The situation now, not a forecast.
Renter Google searchabout 1,300 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly

About 1,300 searches in July 2026, for Madison on its own

What renters Google mostHousesSee all →

Attention, not a verdict. Google searches for apartments to rent.

Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Cooling
Easing lately, job growth has cooled, as of Aug 2026.
Job growthBLS · MONTHLY
-0.9%
Cooling, past 12 months
VacancyCENSUS · 2024
3.7%2024 COUNT
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+2.1%
Year over year
Census 2024: +7.6% · US avg +5.2%
Median rentCENSUS · 2024
$1,437/mo
Typical rent, 2024 yearly count
Demand vs supplyCENSUS + BLS
Moderate demand
DEMAND
SUPPLY
DEMAND
Jobs-0.9%
Migration 2025+0.7/1k
SUPPLY
Permits 2025+26.4%
Vacancy 20243.7%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,623/mo
Cheaper to rent than buying
rent $1,437 · own $3,060
$1,437
RENT
$3,060
OWN
Net migrationCENSUS · 2025
+0.7/1k
Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.