Madison city: Median Gross Rent Trend
How Madison city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$554
2023
$849
Total change
+$295
% change
+53.2%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $554 | — |
| 2019 | $658 | +$104 (18.8%) |
| 2020 | $726 | +$68 (10.3%) |
| 2021 | $716 | $10 (-1.4%) |
| 2022 | $824 | +$108 (15.1%) |
| 2023 | $849 | +$25 (3%) |