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ZIP Code · WI

ZIP 53714

Part of Madison, WI
Pop. 16,169·Dane County·45th most expensive ZIP in Wisconsin
Median rent (all units)
$1,461/mo
Year-over-Year
Stable
Month-over-Month
+2.4%
vs US Median
-$504
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 53714 · $1,461
More affordable than 76% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,160
1 BR
$1,360
2 BR
$1,550
3 BR
$2,050
4 BR+
$2,300
Research median
$1,550/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$17,532/yr
At $1,461/mo median
Location
StateWI
CountyDane County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 53714 (Madison, WI) is majority owner-occupied, 42.1% of residents hold a bachelor's degree or higher.

Population
16,169
Median income
$71,519
Median age
40.9
Renters
44.6%
Age distribution
15.4%
26.1%
28.5%
13.6%
16.4%
Under 1815.4%
18–3426.1%
35–5428.5%
55–6413.6%
65+16.4%
Gender
52.2%
47.8%
Male52.2%
Female47.8%
Race & ethnicity
71.4%
White71.4%
Black11.9%
Hispanic10.9%
Asian2.1%
Other3.7%
Education (25+)
22.2%
31.7%
42.1%
No HS diploma3.9%
HS diploma22.2%
Some college31.7%
Bachelor's+42.1%
Housing tenure
55.4%
44.6%
Owner55.4%
Renter44.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 53714 in Madison, WI has changed in 5 years

Income
$60,654 → $71,519
up 17.9%
Population
16,599 → 16,169
down 2.6%
Renter share
40.8% → 44.6%
+3.8 pts
Bachelor's+
35.1% → 42.1%
+7.0 pts
Median age
40.3 → 40.9
+0.6 yrs

Household income in the area moved from $60,654 to $71,519 across the same window, up 17.9% versus 2021. Headcount in the area went from 16,599 to 16,169 between 2021 and 2024, a 2.6% change. About 44.6% of households rent today, against 40.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 35.1% to 42.1%.

Community

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Local insights

Tips for renters in ZIP 53714

About renting in ZIP 53714

Last updated: July 20, 2026

ZIP code 53714 covers Madison, WI. The median rent here is $1,461/mo as of July 2026. A 1-bedroom rents for a median of $1,360/mo. A 2-bedroom rents for a median of $1,550/mo.

At 25% of local median household income ($71,519/yr), ZIP 53714 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53714?

As of July 20, 2026, the median monthly rent in ZIP 53714 (Madison, WI) is $1,461. This is based on aggregated data from public sources and community submissions.

How does ZIP 53714 rent compare to the US average?

ZIP 53714's median rent of $1,461/mo is $504 (26%) below the US national median of $1,965/mo.

How does ZIP 53714 compare to other ZIPs in Wisconsin?

ZIP 53714 falls in the middle range for Wisconsin, ranking #45 out of 107 ZIPs at $1,461/mo.

How much income do you need to rent in ZIP 53714?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,461/mo in ZIP 53714. The local median household income is $71,519/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 53714?

Rent in ZIP 53714 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 53714 an affordable place to rent?

ZIP 53714 is considered affordable for renters. At $1,461/mo, rent takes approximately 25% of the local median household income ($71,519/yr). The standard benchmark is 30%. ZIP 53714 falls comfortably within that range.

What percentage of ZIP 53714 residents rent vs. own?

According to Census data, approximately 44.6% of ZIP 53714 households are renters, while 55.4% are owner-occupied. ZIP 53714 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 53714 compare to the rest of Madison?

ZIP 53714 is more affordable than Madison overall. At $1,461/mo, it's $195 below the Madison citywide median of $1,656/mo.

When was rent data for ZIP 53714 last updated?

Rent data for ZIP 53714 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,461/mo, rent takes ~25% of ZIP 53714's median household income ($71,519/yr). The standard benchmark is 30%.

ZIP 53714 25%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53714 (Madison, WI)

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