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Madison city, WI

ZIP 53715 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 53715

Median Home Value
$436,100
Median Rent
$1,441
Affordability Snapshot
$120,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,801/mo PITI).

46%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

11.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

25.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 53715 in Madison city, WI, a household would need roughly $120,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,801. That is about 219% above the local median household income ($37,598), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
19.4%-70% vs US avg
x
Vacancy Rate
9.5%-8% vs US avg
x
Broadband Access
83.8%-4% vs US avg
x
4+ Bedrooms
2.7%-82% vs US avg
x
Built Pre-1939
4.1%-68% vs US avg
x
Built Post-2014
2.3%-67% vs US avg
x
Rent Burden >30%
43.4%-13% vs US avg
x
Mortgage-Free
46.1%+21% vs US avg
x
$436,100
Home Value
$1,441
Rent
1968
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached24.7%
  • 1-unit attached0.2%
  • 2-9 units27.2%
  • 10+ units47.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$436,100
Median rent$1,441
Owner-occupied19.4%
Vacant9.5%
Price-to-income11.6x
Est. income to buy$120,000