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
$681
2023
$1,015
Total change
+$334
% change
+49%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $681 | — |
| 2019 | $741 | +$60 (8.8%) |
| 2020 | $686 | $55 (-7.4%) |
| 2021 | $717 | +$31 (4.5%) |
| 2022 | $696 | $21 (-2.9%) |
| 2023 | $1,015 | +$319 (45.8%) |