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
$550
2023
$920
Total change
+$370
% change
+67.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $550 | — |
| 2019 | $522 | $28 (-5.1%) |
| 2020 | $572 | +$50 (9.6%) |
| 2021 | $755 | +$183 (32%) |
| 2022 | $879 | +$124 (16.4%) |
| 2023 | $920 | +$41 (4.7%) |