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Rent by ZIP · Dane County

Rent in Madison, WI 53718

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,850 (-7% vs FY2026). Renters in this ZIP code pay a median $1,696 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,410$1,490-5.4%$1,269–1,551$1,365 ±$164
1 bedroom$1,630$1,740-6.3%$1,467–1,793$1,445 ±$115
2 bedrooms$1,850$1,990-7%$1,665–2,035$1,887 ±$126
3 bedrooms$2,420$2,630-8%$2,178–2,662$1,941 ±$146
4 bedrooms$2,680$2,950-9.2%$2,412–2,948$2,500 ±$1,034

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 53718

Median gross rent$1,696±$71 · all sizes
Renter households3,61945% of occupied homes
No cash rent40households

How rents are spread

Under $1,0008%
$1,000–1,49924%
$1,500–1,99946%
$2,000–2,49915%
$2,500–2,9992%
$3,000–3,4994%
$3,500+1%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
53717Madison$1,670$1,558
53719Madison$1,810$1,682
53716Madison$1,530$1,386
53715Madison$1,900$1,505
53714Madison$1,530$1,295
53713Madison$1,530$1,271

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.