Rent by ZIP · Dane County
Rent in Madison, WI 53704
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,530 (-5% vs FY2026). Renters in this ZIP code pay a median $1,267 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,150 | $1,210 | -5% | $1,035–1,265 | $1,136 ±$96 |
| 1 bedroom | $1,340 | $1,410 | -5% | $1,206–1,474 | $1,136 ±$47 |
| 2 bedrooms | $1,530 | $1,610 | -5% | $1,377–1,683 | $1,328 ±$57 |
| 3 bedrooms | $2,020 | $2,130 | -5.2% | $1,818–2,222 | $1,688 ±$72 |
| 4 bedrooms | $2,260 | $2,380 | -5% | $2,034–2,486 | $1,728 ±$78 |
Small Area FMRs for the Madison, WI HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Madison, WI HUD Metro FMR Area, 2 bedrooms: $1,565.
What renters pay in 53704
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 53703 | Madison | $1,870 | $1,711 |
| 53705 | Madison | $1,590 | $1,465 |
| 53706 | Madison | $1,750 | – |
| 53711 | Madison | $1,530 | $1,414 |
| 53713 | Madison | $1,530 | $1,271 |
| 53714 | Madison | $1,530 | $1,295 |
Fair Market Rents across Dane County, WI · All WI counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.