RentDataNowRentDataNow
ZIP Code · WI

ZIP 53716

Part of Madison, WI
Pop. 18,596·Dane County·15th most expensive ZIP in Wisconsin
Median rent (all units)
$1,788/mo
Year-over-Year
Stable
Month-over-Month
-5.7%
vs US Median
-$177
Falling (Monthly)
Be the first to discuss 53716 rents ↓
Most AffordableMost Expensive
ZIP 53716 · $1,788
More affordable than 52% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,230
1 BR
$1,430
2 BR
$1,640
3 BR
$2,170
4 BR+
$2,430
Research median
$1,640/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$21,456/yr
At $1,788/mo median
Location
StateWI
CountyDane County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -5.7% MoM), not inventory.
Demographics

Who lives here

ZIP 53716 (Madison, WI) is majority owner-occupied, has a large retiree population, has a median income above the national average, 52.5% of residents hold a bachelor's degree or higher.

Population
18,596
Median income
$91,716
Median age
43.5
Renters
28.1%
Age distribution
18.2%
19.3%
25.7%
14.9%
21.9%
Under 1818.2%
18–3419.3%
35–5425.7%
55–6414.9%
65+21.9%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
83.6%
White83.6%
Black3.5%
Hispanic7.2%
Asian2.5%
Other3.2%
Education (25+)
20.4%
23.4%
52.5%
No HS diploma3.7%
HS diploma20.4%
Some college23.4%
Bachelor's+52.5%
Housing tenure
71.9%
28.1%
Owner71.9%
Renter28.1%

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

2021 vs 2026

How ZIP 53716 in Madison, WI has changed in 5 years

Income
$80,966 → $91,716
up 13.3%
Population
18,710 → 18,596
down 0.6%
Renter share
25.9% → 28.1%
+2.2 pts
Bachelor's+
48% → 52.5%
+4.5 pts

On the earnings side, the typical household in ZIP 53716 in Madison, WI now reports about $91,716, up from $80,966 in 2021. Renters now make up 28.1% of households, compared with 25.9% five years ago. College-educated residents now make up 52.5% of adults here, versus 48% in 2021.

Community

Discussions about ZIP 53716

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 53716

About renting in ZIP 53716

Last updated: July 20, 2026

ZIP code 53716 covers Madison, WI. The median rent here is $1,788/mo as of July 2026. A 1-bedroom rents for a median of $1,430/mo. A 2-bedroom rents for a median of $1,640/mo.

At 23% of local median household income ($91,716/yr), ZIP 53716 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 53716?

As of July 20, 2026, the median monthly rent in ZIP 53716 (Madison, WI) is $1,788. This is based on aggregated data from public sources and community submissions.

How does ZIP 53716 rent compare to the US average?

ZIP 53716's median rent of $1,788/mo is $177 (9%) below the US national median of $1,965/mo.

How does ZIP 53716 compare to other ZIPs in Wisconsin?

ZIP 53716 is one of the pricier ZIP codes in Wisconsin, ranking #15 out of 107 ZIPs tracked at $1,788/mo.

How much income do you need to rent in ZIP 53716?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,788/mo in ZIP 53716. The local median household income is $91,716/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 53716?

Rent in ZIP 53716 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 53716 an affordable place to rent?

ZIP 53716 is considered very affordable for renters. At $1,788/mo, rent takes approximately 23% of the local median household income ($91,716/yr). The standard benchmark is 30%. ZIP 53716 falls comfortably within that range.

What percentage of ZIP 53716 residents rent vs. own?

According to Census data, approximately 28.1% of ZIP 53716 households are renters, while 71.9% are owner-occupied. ZIP 53716 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 53716 compare to the rest of Madison?

ZIP 53716 is pricier than Madison as a whole. At $1,788/mo, it's $132 above the Madison citywide median of $1,656/mo.

When was rent data for ZIP 53716 last updated?

Rent data for ZIP 53716 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,788/mo, rent takes ~23% of ZIP 53716's median household income ($91,716/yr). The standard benchmark is 30%.

ZIP 53716 23%Benchmark 30%
State income tax3.5–7.65%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 53716 (Madison, WI)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.