|Specialty||# of Agencies|
|Single House or Condo||6|
|Home Owners Association||5|
|Total Local Companies||10|
The average rent for a 3 bedroom house in Madison, WI is $1,315.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.
Madison, WI Rental Market Overview
The capital of Wisconsin, the second-biggest city in the state and home to more than 200,000 people, Madison has grown in population almost every decade since its inception in the mid-19th century.
The state government and University of Wisconsin-Madison account for thousands of jobs in Madison and help bolster the city's economy, along with businesses in the health and tech industries.
Madison is known as one of the premier cities for education in the U.S. The number of students living in the city is steadily around 50,000 each year, and the graduation rate is also one of the nation's highest.
Additionally, Madison has been labeled by some major national publications as one of the healthiest and best places to live, due in part no doubt to its numerous recreational opportunities for citizens to take advantage of, including ice skating and water activities at one of the city's four lakes.
Numerous Property Management Firms to Choose From in Madison
Though Madison has a significant student population, the city is also home to thousands of single residents and families, making the area a prime target for investors looking to snatch up a property to lease out.
Property management companies are also plentiful in the metro area, meaning you can hire one of these professional firms and not have to worry about all the fine points related to your residence on a daily basis.
Instead, a management team will take care of all the intricate details, tasks and responsibilities that you may not know how to do or not have the time, energy or patience for, in turn making your life easier.
Madison Rental Market at a Glance
Rental Vacancy Rate, Q3, 2010: 3.7 percent
Rental Vacancy Rate, Q3 2011: 2.57 percent
Statistics courtesy of Madison Gas & Electric survey
"The continuing low vacancy rate overall means Madison's apartment communities are near 100-percent occupancy, suggesting strong demand for at least the foreseeable future," the Wisconsin State Journal said in a report.
Finding Madison Property Management Companies
Locating the right property management company for you is vital to ensuring your business is run smoothly and efficiently.
Sign up with All Property Management to choose from Madison's top property management companies. Just type your zip code into our search engine and you'll discover a variety of management firms in Madison to receive free quotes from.