Counties / Wisconsin / Dane County

Dane County, WI

FIPS 55025 · population 572,674 · part of Madison, WI

$477k
Zillow home value · 2026-06
Direct county rent answer

What does rent cost in Dane County, WI?

The latest county-level Zillow ZORI is $1,682 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

County Zillow ZORI$1,6822026-06 · up 2.7% year over year
County ACS gross rent$1,398ACS 2024 5-year · occupied-renter survey
HUD two-bedroom FMR$1,694FY2026 · administrative standard
HUD Fair Market Rent by bedroom count in Dane County
BedroomsHUD monthly FMRGeographyMeasurement boundary
Studio$1,268Dane County, WIHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
1 bedroom$1,482Dane County, WIHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
2 bedrooms$1,694Dane County, WIHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
3 bedrooms$2,236Dane County, WIHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
4 bedrooms$2,509Dane County, WIHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.

Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26

The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$477k
▲ 2.3% year over year
Zillow ZHVI · direct
Median asking rent
$1,682
▲ 2.7% year over year
Zillow ZORI · direct
Gross yield
4.2%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,694
market rent is 0.99x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+53.6%not annualized · through 2025
0%ZILLOW ZHVI2026-06+2.3%FHFA HPI2025+4.1%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-08-02.
Owner-reported value$395k
Surveyed gross rent$1,398
Rent burden 30%+47.8%
Median year built1986
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
3.6%vacant
261,061estimated housing units
Occupied tenure42.9% renter
owner 57.1%renter 42.9%
Structure mix57.0% single-family
Single-family 57.0%20+ units 22.0%Mobile home 0.8%Other 20.2%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs361,108▲ 0.5% from the prior annual release
Covered establishments18,980annual average reporting locations
Average weekly wage$1,486▲ 3.8% from the prior annual release
Largest private supersectorTrade, transportation, and utilities18.2% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+0.5%WEEKLY WAGE+3.8%Trade, transportation, and utilities18.2%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

Resident income

How local income has compounded

BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.

Per-capita personal income19692024
Per-capita personal income history for Dane CountyA line chart of annual BEA per-capita personal income from 1969 through 2024.$0k$45k$90k196919972024$4k$81k
Nominal annual dollars; not adjusted for inflation. A rising line can reflect wage, business-income, transfer-income and investment-income changes together.
Renter affordability

Who carries the heaviest rent burden

HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.

Share of renter households in each income band2018-2022
Renter cost burden by HAMFI income band in Dane CountyFive horizontal bars show moderate and severe housing cost burden shares among renter households in each HUD income band.0%25%50%75%100%At or below 30% HAMFI24,60583.3% burdened30–50% HAMFI19,34075.8% burdened50–80% HAMFI23,99527.9% burdened80–100% HAMFI10,2907.3% burdenedAbove 100% HAMFI23,1351.3% burdened
Moderate: >30% to 50%Severe: >50%
Each percentage uses HUD’s published subtotal for that income band. For disclosure, HUD keeps 0 as 0, publishes 1–7 households as 4 and rounds 8 or more to the nearest 5. Independently rounded categories can differ from their displayed sum and are not forced into a percentage.
Direct local rental evidence

Recent leases and rental-market liquidity in Dane County, WI

These Apartment List observations match the exact county Census code 55025. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.

Direct recent-lease rent history

Monthly overall-rent index; missing observations are not filled from another geography.

$1,566$1,399$1,2322021-082026-07
Recent-lease rent$1,5562026-07 · +0.5% year over year
Rental vacancy10.1%2026-07 · +3.1 percentage points year over year
Time on marketn/an/a
County brief

What the local evidence says

01Decision frame

Dane County warrants investigation for investors who can verify operating costs, but caution for buyers relying on appreciation or HUD benchmarks. Zillow’s county observation, labeled 2026-06, puts median home value at $476,735, up 2.32% year over year, while measured median asking rent is $1,682 per month. The supplied 4.23% gross yield is only a pre-cost screen.

02Housing economics

Housing economics depend on the measured asking rent, not HUD’s two-bedroom Fair Market Rent, which is a payment standard rather than an asking-rent estimate. An effective property-tax rate of 1.63% and median annual tax of $6,420 narrow the pre-cost yield. Insurance, maintenance, vacancy, debt terms, and property-level assessments are not published, preventing a net-cash-flow conclusion.

03Demand & competition

Demand evidence is mixed rather than a clean confirmation of Zillow’s direction. FHFA’s repeat-transaction HPI for annual 2025 rose 4.12% year over year and 53.63% cumulatively over five years. It tracks repeat sales rather than a dollar home value and cannot be averaged with Zillow’s separately labeled change. Realtor.com’s MLS listing-market evidence shows median asking price down 1.97%, active listings up 15.93%, median marketing time of 41 days, and reductions on 14.26% of listings. These are visible-supply and seller-concession signals, not closed prices or proof of buyer demand alone.

04Risk & next checks

Annual QCEW covered workplace employment increased 0.52%, while covered-worker wages also rose; Trade, transportation, and utilities is the largest disclosed private supersector, not the whole economy. Tax-return migration was net positive, but incoming movers had lower average AGI than outgoing movers, limiting what inflow says about purchasing power. The record identifies 445 investor purchases among 6,302 total purchases, or 7.06%. Inland flood is the dominant hazard, with modeled expected annual climate loss of 0.08% of building value. Parcel flood-zone status, insurance quotes, operating histories, and property-specific rent comparables are not published, preventing property-level cash-flow and hazard-pricing conclusions.

County ZIP rental landscape

How asking rent and renter pressure vary inside Dane County, WI

This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.

Selected ZIP range$1,461$2,060Zillow asking-rent index
Monthly spread$599highest minus lowest selected ZIP
Observed burden range31.5%62.0%ACS renter households paying 30%+
Renter households covered87,039across the selected ZCTAs
01 · ASKING RENT LADDERDirect ZIP ZORI
Horizontal bars compare Zillow asking-rent indexes across the selected direct-evidence ZIP set.53705$2,06053593$2,02153703$1,84753711$1,73553718$1,69053715$1,64853590$1,64253704$1,61853719$1,60153562$1,59753713$1,47853714$1,461
02 · PRESSURE MATRIXRent × observed burden
Each point is one selected ZIP and ZCTA match. Horizontal position is Zillow asking rent and vertical position is the ACS renter cost-burden share.64.5%55.7%46.8%37.9%29.0%537035370453711537195371353590537055356253715535935371853714Zillow asking-rent index →ACS burden share →
03 · BENCHMARK GAPZORI vs HUD 2BR
Bars show the percentage difference between the Zillow blended asking-rent index and the local HUD two-bedroom standard. Their housing universes differ.53705+174.3%53593+171.0%53703+156.3%53711+146.8%53718+143.0%53715+139.4%53590+138.9%53704+136.9%53719+135.4%53562+135.1%53713+125.0%53714+123.6%
WHAT THE LOCAL DISTRIBUTION SAYS

Within the selected direct-evidence set, June 2026 Zillow ZORI—a typical observed asking-rent index—runs from $1,461 in ZIP 53714 to $2,060 in 53705, a $599 spread around a $1,645 median. The county ZORI is $1,682, after 2.7% year-over-year growth. This distribution makes unit matching, rather than a single countywide rent label, the central renter decision: does the exact offered unit fall near an appropriate local ZORI reference, and can its terms work for the household? The figures describe typical observed asking rents, not a guarantee of a currently available or comparable unit.

Three rent series should remain side by side, not be blended. Zillow’s $1,682 county ZORI reflects its typical observed asking-rent index; the ACS 2024 five-year county median gross rent is $1,398, a survey estimate; and HUD’s FY2026 county two-bedroom FMR is $1,694, a bedroom-specific administrative standard rather than asking rent. At the selected-ZIP level, the supplied HUD two-bedroom standard is $1,182 in each record, while direct ZORI is 124% to 174% of it. That gap can inform separate screening for a two-bedroom program benchmark, but it neither converts a ZORI into an eligible contract rent nor measures a household’s payment.

ACS ZCTA measures add separate affordability and stock context. Across the selected labels, the five-year share of renters paying 30% or more of income for rent spans 31.5% to 62.0%, while the survey vacancy rate spans 1.6% to 7.1%. ZIP 53715, for example, combines a $1,648 ZORI with the high end of both its burden and vacancy readings. This does not show that vacancy causes rent or burden, that a vacant home is listed today, or that the ZIP produces a particular household outcome. Treat burden as a household-finance screen and vacancy as a survey signal to be checked against current availability.

Coverage and geography bound the conclusion. The direct-evidence selection includes 12 displayed records from 22 eligible ZIP/ZCTA matches and covers 87,039 renter households, so it is not an exhaustive county or local-area inventory. The display assigns a ZIP to the county holding the largest HUD residential-address share; this is an assignment rule, not a redefinition of postal geography. ACS data are tabulated for Census ZCTAs, which are statistical approximations and can follow a different footprint from the USPS delivery ZIP that uses the same label. Before acting, verify the exact address, current advertised rent for the matching unit size, lease term, fees and utilities, availability, any program or income restrictions, and the property's governing jurisdiction.

Selected ZIP evidence

Keep each source universe visible

22 ZIP profiles passed the county gate; the 12 with the most renter households are shown.

ZIP / ZCTAZillow asking rentACS gross rentHUD 2BRBurden 30%+VacancyIncome screenHUD county share
53703$1,847$1,488$1,18258.2%3.8%$74k100.0%
53704$1,618$1,267$1,18248.9%4.7%$65k100.0%
53711$1,735$1,406$1,18239.7%3.4%$69k100.0%
53719$1,601$1,511$1,18240.8%3.0%$64k100.0%
53713$1,478$1,231$1,18247.8%1.6%$59k100.0%
53590$1,642$1,427$1,18244.4%1.9%$66k100.0%
53705$2,060$1,352$1,18246.0%4.9%$82k100.0%
53562$1,597$1,484$1,18240.0%3.5%$64k100.0%
53715$1,648$1,563$1,18262.0%7.1%$66k100.0%
53593$2,021$1,672$1,18233.1%4.1%$81k100.0%
53718$1,690$1,696$1,18231.5%5.3%$68k100.0%
53714$1,461$1,210$1,18240.0%2.0%$58k100.0%
READ BEFORE USING

The displayed set covers only selected direct-evidence matches, not every ZIP or local area in Dane County. Census tables apply ZCTA boundaries, which can differ from postal delivery footprints despite sharing a ZIP label.

ZORI is a typical observed asking-rent index, whereas ACS values are five-year survey estimates and HUD two-bedroom figures are administrative standards. None identifies a specific unit's available rent, lease terms, eligibility, or costs.

SOURCE LEDGERCensus ACS 5-year — county housing value, tenure and stockACS 2024 5-year · pulled 2026-07-30Census ACS five-year — ZCTA housing and incomeACS 2024 5-year ZCTA · pulled 2026-08-08HUD Fair Market Rents — Section 8 standardFY2026 FMR · pulled 2026-07-26HUD-USPS ZIP-to-county residential-address crosswalkHUD-USPS 2026Q1 · pulled 2026-08-09Zillow ZHVI and ZORI — county values and rentscounty ZHVI/ZORI 2026-06 · pulled 2026-07-26Zillow ZORI — ZIP market rentsZORI ZIP 2026-06 · pulled 2026-08-08
Cities & communities

Where people live within Dane County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Madison city278KSun Prairie city37.6KFitchburg city32.6KMiddleton city22.3KWaunakee village15.7KVerona city15.2KStoughton city13KOregon village11.5K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

28 Census places

Population
  1. 01
    Madison cityIncorporated place
    278,001
  2. 02
    Sun Prairie cityIncorporated place
    37,570
  3. 03
    Fitchburg cityIncorporated place
    32,619
  4. 04
    Middleton cityIncorporated place
    22,301
  5. 05
    Waunakee villageIncorporated place
    15,687
  6. 06
    Verona cityIncorporated place
    15,232
  7. 07
    Stoughton cityIncorporated place
    13,033
  8. 08
    Oregon villageIncorporated place
    11,547
  9. 09
    DeForest villageIncorporated place
    11,501
  10. 10
    Windsor villageIncorporated place
    9,452
  11. 11
    McFarland villageIncorporated place
    9,160
  12. 12
    Monona cityIncorporated place
    8,527
Show 16 more places
  1. 13
    Cottage Grove villageIncorporated place
    8,513
  2. 14
    Mount Horeb villageIncorporated place
    7,736
  3. 15
    Edgerton cityIncorporated place · spans 2 counties
    6,014
  4. 16
    Cross Plains villageIncorporated place
    4,107
  5. 17
    Marshall villageIncorporated place
    3,778
  6. 18
    Belleville villageIncorporated place · spans 2 counties
    2,579
  7. 19
    Deerfield villageIncorporated place
    2,541
  8. 20
    Shorewood Hills villageIncorporated place
    2,149
  9. 21
    Black Earth villageIncorporated place
    1,736
  10. 22
    Mazomanie villageIncorporated place
    1,694
  11. 23
    Cambridge villageIncorporated place · spans 2 counties
    1,617
  12. 24
    Brooklyn villageIncorporated place · spans 2 counties
    1,408
  13. 25
    Maple Bluff villageIncorporated place
    1,329
  14. 26
    Dane villageIncorporated place
    1,067
  15. 27
    Blue Mounds villageIncorporated place
    795
  16. 28
    Rockdale villageIncorporated place
    201

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.081% of building value expected lost per year

Effective property tax1.63%

$6,420 median annual bill

02
DemandIRS SOI household flows
Net migration+1,280

16,480 in · 15,200 out

Arriving vs leaving income−$11,905

$65,434 arriving · $77,339 leaving

03
CompetitionHMDA financed purchases
Purchases by investors7.1%

445 of 6,302 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings946▲ 15.9% year over year
Median days on market41▼ 5.8% year over year
Listings price-reduced14.3%seller-concession signal
Median listing pricen/a▼ 2.0% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Madison, WI

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Dane County572,674$477k$1,6824.2%inland flooding
Columbia County58,272$364k$1,2754.2%hail
Green County37,017$339k$1,5675.5%inland flooding
Iowa County23,867$345kn/an/ainland flooding
Bear case

What can break the county thesis

  1. Unpublished insurance, maintenance, vacancy, financing, and assessment costs could erase the pre-cost yield.
  2. Flood exposure and insurance availability may vary sharply by parcel beyond county climate modeling.
  3. Listing-market conditions may not translate into closed-sale values or achievable property rents.
Underwriting questions

Before pricing a property

Can gross yield be calculated from the supplied record?

Yes. Market asking rent is published, and the record supplies a pre-cost gross yield.

Does HUD Fair Market Rent establish achievable asking rent?

No. It is a payment standard and is not an estimate of market asking rent.

What employment measure is available for local demand review?

QCEW annual covered jobs located at county workplaces; it is not resident employment, unemployment, or a forecast.