ZIP Code · WI

ZIP 53715

Part of Madison, WI

Pop. 15,974·Dane County·3rd most expensive ZIP in Wisconsin

Median rent (all units)

$2,280/mo

Year-over-Year

+9.1%

Month-over-Month

Stable

vs US Median

+$348

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 53715 · $2,280

More expensive than 73% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Wisconsin

Rent in ZIP 53715 changed +9.1% over the year to September 2026. Across the 71 Wisconsin ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($38,996) is $975 a month. That is less than HUD's Fair Market Rent for a studio ($1,570).

Rank in Madison

11th cheapest of 11 ZIP codes in Madison.

Cheaper nearby

ZIP 53726, 1 mile away, rents for 12% less ($2,001/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 53715. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$27,360/yr

At $2,280/mo median

Location

CityMadison

StateWI

CountyDane County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 9.1% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+9.1% YoY, -0.1% 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

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

Discussions about ZIP 53715

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Local insights

Tips for renters in ZIP 53715

About renting in ZIP 53715

Last updated: October 17, 2026

ZIP code 53715 covers Madison, WI. The median rent here is $2,280/mo as of October 2026. A 1-bedroom rents for a median of $1,840/mo. A 2-bedroom rents for a median of $2,100/mo.

At 70% of local median household income ($38,996/yr), ZIP 53715 ranks as expensive compared to the national benchmark of 30%. Rents have increased 9.1% over the past year.

FAQ

Frequently asked questions

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 $91,000/year (about $44/hour full-time) to afford the median rent of $2,280/mo in ZIP 53715. The local median household income is $38,996/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 53715?

Rent in ZIP 53715 has risen 9.1% over the past year.

How does ZIP 53715 compare to other ZIPs in Wisconsin?

ZIP 53715 is one of the pricier among Wisconsin ZIP codes for rent, ranking #3 of 103 at $2,280/mo. Over the year to September 2026, rent in ZIP 53715 changed +9.1%, against a typical +5.6% across the 71 Wisconsin ZIP codes Zillow tracks.