BRRRR ★ MARKETS
36STAR SCORE

Madison, WI rental market data (2026)

As of September 2026, the typical home in the Madison metro costs $445,747 and typical rent is $1,780/month — a price-to-rent ratio of 21 and a gross rental yield of 4.8%. Madison scores 36/100 on the Star Score index, ranking #174 of 174 tracked US rental markets.

The Madison metro posts a price-to-rent ratio of 21 on a typical home value of $445,747 and typical rent of $1,780/month — a gross rental yield of 4.8% before expenses. Factor scores below show how it stacks up on landlord law, taxes, growth and risk.

New to this? The price-to-rent ratio is the home price divided by a year of rent — lower means rents are big relative to prices, which favors landlords. Gross yield is a year of rent as a % of the price, before expenses. BRRRR = Buy, Rehab, Rent, Refinance, Repeat: buy below market, fix it, rent it, then refinance to pull your cash back out and buy the next one. Full walkthrough in the beginner's guide.

Key numbers

MetricValue
Typical home value (ZHVI)$445,747
Typical rent (ZORI)$1,780/mo
Price-to-rent ratio21
Gross rental yield4.8%
Star Score36/100 ★★☆☆☆
Rank among tracked markets#174 of 174
Your buying power in Madison

Why Madison scores 36

FactorScoreWeight
Gross yield835%
Entry price (vs $100K reference budget)015%
Landlord-friendliness7015%
Equity growth7115%
Property-tax drag (inverted)3310%
Climate & insurance risk (inverted)8510%

More context: Living in Madison — economy, industries & affordability

See how it stacks up in the full rankings — head-to-head pages cover the top 15 markets.

Star Opportunities in Madison flagged 2026-10-04

Active listings our scanner flagged for under-market signals — price cuts, long days on market, below-comp pricing. Leads to underwrite, not appraisals; verify everything locally.

2104 Pike Dr, Unit 2104, Madison, WI 53713 ★ 100
$244,900 · 3bd 1.5ba · 1,763 sqft
est. 30.0% under market · modeled rent $2,070/mo (10.1% yield)
Motivation 68 · Condition discount (hypothesis)80 days on marketfind listing →
813 Powers Ave, Madison, WI 53714 ★ 99
$311,000 · 3bd 2ba · 2,404 sqft
est. 30.0% under market · modeled rent $2,460/mo (9.5% yield)
Motivation 62 · Condition discount (hypothesis)61 days on marketfind listing →
1328 Carpenter St, Madison, WI 53704 ★ 98
$289,900 · 2bd 3ba · 1,910 sqft
est. 30.0% under market · modeled rent $2,240/mo (9.3% yield)
Motivation 44 · Condition discount (hypothesis)find listing →
203 Wyalusing Dr, Madison, WI 53718 ★ 95
$335,000 · 3bd 2.5ba · 2,372 sqft
est. 30.0% under market · modeled rent $2,460/mo (8.8% yield)
Motivation 49 · Condition discount (hypothesis)find listing →
3867 Maple Grove Dr, Madison, WI 53719 ★ 91
$359,000 · 3bd 2.5ba · 2,285 sqft
est. 30.0% under market · modeled rent $2,460/mo (8.2% yield)
Motivation 95 · Condition discount (hypothesis)−6.8% price cut88 days on marketfind listing →

Run one through the BRRRR calculator. Rent figures are modeled from metro data, not appraisals.

Investor-friendly agent working Madison? Become this market's Featured Agent →

What would a rehab cost here?

National rule-of-thumb renovation costs (2026, per square foot) applied to a typical ~1,400 sq ft single-family in this market — every house differs, so treat these as planning ranges, not bids:

Scope$/sq ftTypical house
Paint & refresh (cosmetic light)$15–25$21K–35K
Cosmetic full (floors, kitchen refresh, baths)$25–45$35K–63K
Full renovation (systems + finishes)$45–75$63K–105K
Gut / structural$75–120$105K–168K

Run your own numbers for Madison in the BRRRR & rehab calculator. Run a rehab crew in Madison? Founding crews list free →

Frequently asked questions

Is Madison a good market for rental property in 2026?

Madison scores 36/100 on the Star Score index (#174 of 174 tracked markets), with a gross rental yield of 4.8% at September 2026 prices. At current prices it works better as a place to live than a place to snowball rental equity.

What is the price-to-rent ratio in Madison?

21 — the typical home value ($445,747) divided by a year of typical rent ($1,780/month × 12). Ratios under about 15 generally favor buying and landlording.

Is Madison a good BRRRR market in 2026?

With a typical home at $445,747 and rent of $1,780/month (4.8% gross yield), Madison can work for BRRRR in select submarkets, but higher prices or thinner yields mean deals need bigger discounts to snowball.

How much rent does the typical Madison home earn?

Typical asking rent in the Madison metro is $1,780 per month as of September 2026, per Zillow's Observed Rent Index.

Home values and rents: Zillow ZHVI / ZORI, September 2026 metro figures. Factor scores are editorial estimates on public data. Last reviewed October 2026. Not investment advice — verify locally before acting. Methodology & sources.