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
$534
2023
$874
Total change
+$340
% change
+63.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $534 | — |
| 2019 | $564 | +$30 (5.6%) |
| 2020 | $664 | +$100 (17.7%) |
| 2021 | $751 | +$87 (13.1%) |
| 2022 | $806 | +$55 (7.3%) |
| 2023 | $874 | +$68 (8.4%) |