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RE Intelligence

Rental numbers for Dane County, WI

The typical home here runs -$2,217 a month at 7.78% with 25% down. 0 of 17 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.4%.

Gross yield
4.2%
typical home, Zillow
Median ZIP yield
4.4%
17 ZIPs with full data
Cash flow
-$2,217/mo
at 7.78%, 25% down
Typical price
$470,000
Zillow ZHVI, Aug 2026
Typical rent
$1,648/mo
Zillow ZORI, Aug 2026

ZIP codes in Dane County

34 with published figures

53589Stoughton$437,000$1,8595.1%1.7%-$1,732n/a
53704Madison$378,000$1,5725.0%1.4%-$1,593+2.2%
53703Madison$431,000$1,7624.9%1.1%-$1,936+1.0%
53714Madison$380,000$1,5114.8%1.1%-$1,683n/a
53531Deerfield$435,000$1,7254.8%1.6%-$1,777n/a
53713Madison$360,000$1,4154.7%0.8%-$1,695+1.4%
53716Madison$418,000$1,640*4.7%1.1%-$1,869n/a
53718Madison$436,000$1,6554.6%1.1%-$1,962+1.6%
53558McFarland$493,000$1,860*4.5%1.2%-$2,167n/a
53719Madison$431,000$1,6274.5%0.9%-$1,991+2.0%
53532De Forest$479,000$1,7624.4%1.1%-$2,143+3.1%
53598Windsor$509,000$1,870*4.4%1.1%-$2,283n/a
53527Cottage Grove$483,000$1,7454.3%1.0%-$2,204n/a
53590Sun Prairie$456,000$1,6364.3%0.8%-$2,137+4.9%
53597Waunakee$600,000$2,1264.3%1.0%-$2,739n/a
53715Madison$509,000$1,7794.2%0.9%-$2,380n/a
53717Madison$515,000$1,780*4.1%0.6%-$2,505n/a
53705Madison$559,000$1,8404.0%0.4%-$2,817-1.3%
53572Blue Mounds$485,000$1,590*3.9%0.8%-$2,288n/a
53583Roxbury$406,000$1,330*3.9%0.8%-$1,902n/a
53593Verona$598,000$1,9443.9%0.6%-$2,931+6.0%
53711Madison$511,000$1,6573.9%0.4%-$2,559+2.9%
53559Medina$417,000$1,330*3.8%0.5%-$2,066n/a
53560Mazomanie$434,000$1,350*3.7%0.6%-$2,113n/a
53523Christiana$436,000$1,330*3.7%0.6%-$2,125n/a
53508Belleville$441,000$1,330*3.6%0.3%-$2,250n/a
53515Black Earth$443,000$1,330*3.6%0.4%-$2,254n/a
53521Brooklyn$506,000$1,510*3.6%0.4%-$2,540n/a
53575Oregon$503,000$1,500*3.6%0.5%-$2,496n/a
53528Cross Plains$541,000$1,610*3.6%0.4%-$2,709n/a
53529Dane$506,000$1,500*3.6%0.4%-$2,543n/a
53517Vermont$530,000$1,430*3.2%0.3%-$2,709n/a
53562Middleton$625,000$1,5543.0%0.0%-$3,365+2.3%
53726Madison$792,000$1,880*2.9%-0.2%-$4,396n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+2.6%
Rent, 12 months
+2.4%
Rent minus price growth
-0.2 pts
Property tax
1.63%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$367,318$1,265
Aug 2022$401,867$1,376
Aug 2023$423,449$1,509
Aug 2024$447,711$1,556
Aug 2025$458,399$1,609
Aug 2026$470,476$1,648

HUD Fair Market Rent

FY2027, Madison, WI HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,196$1,375$1,565$2,047$2,264

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
23.9
6,019 units, last 12 months
National percentile
93th
among US counties

Tools

Test a listing in Dane County against today's rate.

Open the calculator

Part of the Madison, WI metro.

Questions

Is Dane County good for rental property?
The typical home here runs -$2,217 a month at 7.78% with 25% down. 0 of 17 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.4%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Dane County?
About 1.63% of value, from Census ACS median taxes paid over median home value. On a $470,000 home that is about $7,650 a year.
What is Fair Market Rent in Dane County?
HUD's FY2027 Fair Market Rent here is $1,375 for a 1-bedroom, $1,565 for a 2-bedroom and $2,047 for a 3-bedroom. Typical cash flow at today's rate is -$2,217 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.