Rent by ZIP · Dane County
Rent in Madison, WI 53705
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,590 (-7.6% vs FY2026). Renters in this ZIP code pay a median $1,352 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,220 | $1,290 | -5.4% | $1,098–1,342 | $1,104 ±$51 |
| 1 bedroom | $1,400 | $1,500 | -6.7% | $1,260–1,540 | $1,180 ±$43 |
| 2 bedrooms | $1,590 | $1,720 | -7.6% | $1,431–1,749 | $1,465 ±$52 |
| 3 bedrooms | $2,080 | $2,270 | -8.4% | $1,872–2,288 | $2,031 ±$300 |
| 4 bedrooms | $2,300 | $2,550 | -9.8% | $2,070–2,530 | $3,031 ±$2,345 |
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 53705
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 |
|---|---|---|---|
| 53704 | Madison | $1,530 | $1,328 |
| 53706 | Madison | $1,750 | – |
| 53703 | Madison | $1,870 | $1,711 |
| 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.