ZIP Code · WI

ZIP 53715

Part of Madison, WI
Pop. 15,974·Dane County·30th most expensive ZIP in Wisconsin
Median rent (all units)
$1,648/mo
Year-over-Year
Stable
Month-over-Month
+3.2%
vs US Median
-$317
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 53715 · $1,648
More affordable than 63% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,570
1 BR
$1,840
2 BR
$2,100
3 BR
$2,770
4 BR+
$3,110
Research median
$2,100/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
$19,776/yr
At $1,648/mo median
Location
StateWI
CountyDane County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +3.2% MoM), not inventory.
Demographics

Who lives here

ZIP 53715 (Madison, WI) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 66.7% of residents hold a bachelor's degree or higher.

Population
15,974
Median income
$38,996
Median age
21
Renters
79.9%
Age distribution
78.6%
Under 184.2%
18–3478.6%
35–547.9%
55–644.4%
65+4.9%
Gender
52.2%
47.8%
Male52.2%
Female47.8%
Race & ethnicity
80.1%
White80.1%
Black2.6%
Hispanic5.5%
Asian10.7%
Other1.1%
Education (25+)
17.3%
66.7%
No HS diploma6.3%
HS diploma9.7%
Some college17.3%
Bachelor's+66.7%
Housing tenure
20.1%
79.9%
Owner20.1%
Renter79.9%

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

2021 vs 2026

How ZIP 53715 in Madison, WI has changed in 5 years

Income
$34,994 → $38,996
up 11.4%
Population
15,761 → 15,974
up 1.4%
Renter share
78.3% → 79.9%
+1.6 pts
Bachelor's+
60.9% → 66.7%
+5.8 pts
Median age
21.5 → 21
-0.5 yrs

Census figures show median household income at $38,996 today, compared with $34,994 five years earlier. The population has grown by 1.4% since 2021, moving from about 15,761 residents to roughly 15,974. Renters now make up 79.9% of households, compared with 78.3% five years ago. College-educated residents now make up 66.7% of adults here, versus 60.9% in 2021.

Community

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Local insights

Tips for renters in ZIP 53715

About renting in ZIP 53715

Last updated: July 20, 2026

ZIP code 53715 covers Madison, WI. The median rent here is $1,648/mo as of July 2026. A 1-bedroom rents for a median of $1,840/mo. A 2-bedroom rents for a median of $2,100/mo.

At 51% of local median household income ($38,996/yr), ZIP 53715 ranks as expensive 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 53715?

As of July 20, 2026, the median monthly rent in ZIP 53715 (Madison, WI) is $1,648. This is based on aggregated data from public sources and community submissions.

How does ZIP 53715 rent compare to the US average?

ZIP 53715's median rent of $1,648/mo is $317 (16%) below the US national median of $1,965/mo.

How does ZIP 53715 compare to other ZIPs in Wisconsin?

ZIP 53715 is one of the pricier ZIP codes in Wisconsin, ranking #30 out of 107 ZIPs tracked at $1,648/mo.

How much income do you need to rent in ZIP 53715?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,648/mo in ZIP 53715. The local median household income is $38,996/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 53715?

Rent in ZIP 53715 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 53715 an affordable place to rent?

ZIP 53715 is considered expensive for renters. At $1,648/mo, rent takes approximately 51% of the local median household income ($38,996/yr). The standard benchmark is 30%. ZIP 53715 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 53715 residents rent vs. own?

According to Census data, approximately 79.9% of ZIP 53715 households are renters, while 20.1% are owner-occupied. With a majority renter population, ZIP 53715 has a strong rental market.

How does ZIP 53715 compare to the rest of Madison?

ZIP 53715 is more affordable than Madison overall. At $1,648/mo, it's $8 below the Madison citywide median of $1,656/mo.

When was rent data for ZIP 53715 last updated?

Rent data for ZIP 53715 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
51%
EXPENSIVE

At $1,648/mo, rent takes ~51% of ZIP 53715's median household income ($38,996/yr). The standard benchmark is 30%.

ZIP 53715 51%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53715 (Madison, WI)

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